Blog & Resources

Are you a business owner or manager looking to streamline your HR processes and focus on growing your company? Our EOR (Employer of Records) service is here to help!  With our EOR service, we handle all of the administrative tasks and paperwork associated with...

Different situations occur and you might need to liquidate a company in Latvia. It is a complicated issue so we have decided to create a separate article to describe the procedure, ins and out you will face. What is the liquidation of a company? Liquidation of a...

During strategical planning of business development, businessmen sooner or later come to question of tax load, logistics and human resources optimization. A lot of European entrepreneurs choose Latvia to solve these issues because of the vast possibilities this...

Difficulties many do not tell you about During the process of Latvian companies registration and purchasing, our clients often ask how they can open a bank account in Latvia. The main peculiarities you should be aware of are requirements for non-residents and more...

Why you should consider the opportunity of getting a Latvian residence permit You can definitely run a business on Latvian territory without a residence permit but there are some complications if you need a visa to enter a state. The need to renew your visa to go...

We have already mentioned Latvian tax accounting in one of our previous articles. There are some reports that have to be submitted during the activity of any company in Latvia. We would also like to give some ideas of the certified external audit of the...

You already know that there is such a practice in Latvia to make advance tax payments (please read our article about tax reporting in Latvia). Cases when you have to pay taxes in advance According to Latvian tax legislation, a company has to pay taxes in...

Income Tax Law of Latvia was amended in 2013. These amendments have fostered a brand new investment climate and helped Latvia to become the best country for starting a holding company. What is a holding entity? During business development and territorial expansion,...

How can you get accounting maintenance in Latvia of good quality? One of the most important pillars of a business is the correct and well-timed accounting. All reports should be submitted on time to the appropriate institutions. It is not always efficient to hire...

Instead of registering a company in Latvia from scratch, you have an alternative option that can be used i.e. to buy a business with ready documents. To check the advantages of running a business in Latvia, please refer to our previous articles. If you would like to...

Due to an increased demand of Latvian firms among Estonians, only this Summer BBCRiga is offering turnkey remote registration of Latvian companies for Estonian residents only for €178! What is included in the price? The company incorporation fee of €178...

On the 29th of April 2015 SIA Baltic Business Consulting has signed a contract Nr.L-ĀTA-15-2782 with the Investment and Development Agency of Latvia about performance of the project “Participation in the international conference and exhibition “Intax Expo Russia...

Early this year, we have created infographics reflecting the primary business result indices and trends in Latvia for 2014. Having studied various sources and gathered information on the most interesting data pertaining to business in Latvia, we have provided a visual...

Having decided to do business in Latvia, the next thing one has to do is to select the most appropriate form of incorporation for the intended commercial operations. In this article, we have provided a summary of all possible forms of enterprises, which differ in...

Why moving your business to another country? You should think over moving business to another country, if the current conditions are unsuitable or it is meaningless to have an activity in the former location. Changes in legislation , high cost of workforce, unstable...