Along with the provision of consulting services in the field of finance and business management, we began to provide the so-called virtual office service. At that time, this service was completely new – about us were even several articles in the newspapers.

Often, along with a package of virtual office services, clients also required the registration of a company and its further support in the form of accounting and legal services. We noticed that the same services that are offered on the market for residents and non-residents of Latvia differ in prices by several times, or even higher… Our initial concept was to eliminate this injustice and the first slogan was formulated as: “services to non-residents at residential prices”. That is how appeared 3 main directions of our activity, which are still relevant today. And although the virtual office service has transformed over time into coworking, otherwise, practically nothing has changed.

Some of our clients were actively investing in real estate and this prompted us to develop a new direction. Learning, for the most part in practice, over the years we have achieved a lot. For 10 years, the real estate portfolio under our management has exceeded 10,000 m2, and now consists of various assets, including office buildings, a shopping center and a pool of apartments and condominiums.

The opening of the Tallinn office was mainly interesting because of the tax system that has existed in Estonia since 2003 without significant changes. The bottom line is that the company does not pay income tax until the distribution of dividends. In 2018, Latvia actually copied the Estonian tax regime, but by that time the Tallinn office had already proven itself perfectly, it is still working and actually duplicates the Riga office, offering a similar package of services in Estonia.