Why Invest in Latvia
BIZ TRP confirms the real investment conditions in Latvia — capital, tax position, and timeline — before you commit to anything.
No oversold headline numbers without the practical detail behind them.
At a glance
- Entity
- SIA
- Capital
- €2,800 standard SIA — reduced-capital variant exists under conditions
- Remote formation
- Yes — with QES & Qualified Timestamp, or a representative
- Corporate tax
- 20% — on distributed and deemed-distributed profits
- VAT
- 21% — standard rate
- Registration time
- 1–3 working days — once your file is correct
Strategic advantages
A Baltic and EU logistics hub. Latvia has three ice-free ports (Riga, Ventspils, Liepāja) and is part of the Rail Baltica project connecting the Baltic states to the wider EU rail network.
Stable Eurozone and OECD membership. Latvia is a member of the EU, the Eurozone, and the OECD, giving it a well-established regulatory and monetary framework.
A multilingual, educated workforce. Latvia has one of the higher tertiary-education rates in the EU, with broad proficiency in English alongside other regional languages.
Key sectors
- Logistics & transport — built around Latvia's port and rail infrastructure.
- IT & business services — software development and shared service centers.
- Wood processing — value-added wood products and sustainable forestry, an established Latvian industry.
- Life sciences — a longstanding pharmaceutical and biotechnology research base.
Why Latvia
Tax position
20% corporate tax, 21% VAT. on distributed and deemed-distributed profits
Capital & setup
A SIA requires €2,800 standard SIA, and formation is yes remote-eligible.
Speed to operate
Registry timeline: 1–3 working days.
EU market access
As an EU member state, a company registered in Latvia operates inside the EU single market.
Ready to explore investing here?
BIZ TRP confirms the real conditions for investing in Latvia before you commit — tax position, structure, and timeline.
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