Business networking events and conferences in Latvia
Latvia, a nation tucked away in Northern Europe’s Baltic area, is well-known for its vibrant business community in addition to its stunning natural surroundings and rich cultural legacy. Over the past few years, Latvia has become a well-known center for conferences and gatherings, giving experts great chances to meet, work together, and stay ahead in […]
Building strategic partnerships with Latvian businesses
Strategic partnerships are nothing new. Corporations have been collaborating for decades, with corporations such as Spotify and Uber, and McDonald’s and Coca-Cola collaborating for mutual advantage. Although some of these organizations seem to have nothing in common, the finest strategic alliances discover innovative methods to reach new audiences and perhaps enter new industries. When two […]
Choosing the right business structure for your company in Latvia
Choosing the right business structure is one of the most important choices you will have to make when starting a company in Latvia. Your company’s corporate structure decision will have a big impact on a lot of different things, such as liability, freedom to operate, taxation, and regulatory requirements. We shall examine the various company […]
Building a strong company culture in your Latvian business
The culture of a firm is its personality. It is defined by a collection of values, beliefs, actions, practices, and attitudes. It distinguishes your firm and drives it to success. So, how can you establish a great corporate culture in your Latvian firm? Here’s how it’s done: Hire following the culture The most successful organizations […]
Required Licenses for Health and Social Services Businesses in Latvia
All businesses in the republic must be registered in the Enterprise Register before they can engage in commercial activities. As stated by the government in accordance with Commercial Law, a company must have a certificate of registration before it can carry out business activities within or outside the territory. Several forms of business entities are […]
Guide on choosing a business structure in Latvia
It is crucial to evaluate and select the best type of activity in terms of law and economics before starting a business. This decision will have an impact on the amount of equity capital required, as well as the enterprise’s legal status and other business-related difficulties. Foreigners are permitted to conduct business in Latvia through […]
Ultimate guide on starting a business in Latvia as a foreigner
In Latvia, limited liability (SIA) or stock corporations (AS) with share capital operate the majority of businesses. For small and medium-sized firms, a limited liability company is a less onerous option. Private and public stock companies are the two types available. The public may only purchase shares from a corporation with a public stock market. […]
The most profitable business industries in Latvia
With a population of over 2 million people and a GDP valued at USD 23.4 billion, the country is a hub for business owners and foreign investors. It provides investors with a skillful workforce at affordable labor costs and competitive tax rates. Both foreign and local investments are treated equally by the law. The economy […]
Start an insurance business in Latvia
When it comes to the process of incorporating a business, the nation has one of the smoothest and least stressful incorporation procedures, which places it in the top 25 countries in which it is easiest to start a business. When compared to other countries in the OECD, the insurance market in Latvia is relatively underdeveloped […]
Start an IT business in Latvia
When compared to other countries in the region, Latvia ranks among the most advanced in terms of its information technology. The key factor that led to the occurrence of the problem that is the subject of this discussion is the presence of highly skilled IT workers who are also outstanding language speakers and who have […]