Latvian economy overview

Look closer at Latvia`s economy and you will see the next great investment destination for your business

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Starting your business

From choosing the right business form, to setting up a company. Here you can find a guide, how to do these things very smoothly, especially because companies can be registred in just one working day

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Running your business

From real estate acquisition to paying taxes. Easy understandable operating environment makes the business environment in Latvia even more favourable

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Incentives for investors

Latvia offers investors a wide array of incentives, including Support via EU Structural Funds and a business-friendly environment with appealing tax rebates. Businesses operating in Latvia can also take advantage of its EU membership privileges

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Investment services

LIAA offers you the guidance in opportunities our country can give to your business. Our services include providing assistance and comprehensive information on the financial, legal, fiscal, and procedural aspects of doing business in Latvia, establishing contacts with Latvian partners, and identifying property options.

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Business locations

Discover a wide range of location choices from greenfield to industrial and office projects what Latvia’s territories and cities have to offer.

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Talent attraction

In order to succeed, you need the best talents attracted. The Latvian labor force is multi-lingual and well-educated, and possesses a northern European culture and work ethic. They are modest, yet with a great capacity for work.

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Moving to Latvia

Already excited reading about Latvia? This the perfect place to move to! Read all about entry, work and residence permits and how to start your life here more smoothly.

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Cooperation partners

Every successful cooperation requires cooperation partners. Fortunately, in Latvia they can be found in various sectors and fields. Learn more about collaboration opportunities with business, science, universities and more.

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Key sectors

Visma Labs

“Visma is very satisfied doing business in Latvia. Visma entered the market in 2014 and has since then grown the business in the country.  Latvians are hard working, reliable, they adapt easily to different cultures and deliver all tasks in high quality.”

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Therese SlettenDirector Strategic initiatives, Visma group

TietoEVRY

“At TietoEVRY in Latvia we are setting new standards as we focus on attractive work environment. More than 750 of our employees have a modern work model – open-plan office, flexible working hour concept, fruits in the office, and psychologist counseling included in the insurance policy. We, Tieto Latvia, are an employer with a balance between work and leisure.”

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Valērija VārnaCountry manager, Chairman of the board Tieto Latvia

Other video stories:

Visma Labs
TietoEVRY

Read why they have chosen Latvia

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