Latvian Legislation Related to Foreign Investments

Latvia is a country that offers a number of advantages to foreign investors, including but not limited to a good business climate, a skilled workforce and a number of incentives. The law grants the same rights to foreign entrepreneurs in terms of incorporating and owning a company as local investors. 

Foreign direct investment policy in Latvia

• - Company ownership: foreign entrepreneurs have the same right to open a chosen type of company as local business owners.
• - Company registration: it is a simplified process and one that can also be finalized when the foreign entrepreneur cannot be present in the country at all times. This is possible with a team of experts, such as our agents who specialize in company formation, who will handle the process on behalf of the investor.
• - Favored investment fields: business fields like research and development are subject to certain incentives and foreign investors can access these; they are available for innovations in science, industry and societal improvement. 
• - Regulated investment fields: the country may impose certain policies that may influence the foreign investor’s ability to enter the market in the following fields: television and radio broadcasting, narcotics manufacturing and sale, air transport services, the manufacturing and sale of explosives and weapons, etc.

Advantages for foreign investors in Latvia