Economy in Latvia
Latvia is a small nation with a dynamic, though recently troubled, economy and a stable political environment. Latvia has a population about
2.27 million inhabitants. It situated at the center of the three Baltic States, Latvia is a member of the European Union (EU) and provides
a strategic location as a commercial, financial, and transportation hub for the Nordic and Baltic region.
Setting up a business in Latvia
foreign entrepreneurs have to follow the same rules Latvian entrepreneurs, but the company's legal address has to be located in the Republic of
Latvia. Still the business may be established and run from abroad, providing that an authorized assignee deals with all the necessary paperwork.
Foreigners doing business in Latvia
The Estonian government in courage foreigner's investors by guarantees the same right as national investors. Also the Estonian government opened
Estonia for business for foreigner investor without restrictions that make Estonia an attractive place to business not just for Nationals
but Also for foreigner Nationals.
Latvia Business comments