Positioned at the crossroads of northern and eastern Europe, the Baltic state of Latvia is rapidly making the most of its recently-acquired status as a member of the EU. Foreign investment is rising strongly and Latvian authorities have taken steps to streamline the regulations governing company formation. The most popular business entity is the limited liability company (SIA). Corporate tax rate is fixed at 15%, one of the lowest in the EU.
A Latvian company is well positioned to be an effective EU intermediary for trade between Western and Eastern, “Russian- speaking” countries. Latvia is a multi-lingual society where all three Latvian, Russian and English languages are commonly spoken and professionals are adept at working with both Western and Eastern business cultures. Latvian banks are extremely efficient and well-developed (compared with often bureaucratic Russian banks), and can maintain accounts in all currencies including “soft” ones, such as Russian Roubles.
Inco Trust (Latvia) provides information about all aspects of management services, tax planning and wealth management to our client base in Latvia and Russia. We work with professional intermediaries, accountants and advisors and are currently planning the opening of our fully fledged offices in Riga, which will provide management and corporate services.
Contact DetailsInco Trust Tel: +37 167 88 1843 E-mail: info@incotrustgroup.com Languages spoken in this office: English, Latvian and Russian. I need advice please contact me KEY CONTACTSRudolf Reichs
Rudolf Reichs, MBA, has 5 years experience as an international business consultant and specializes in international corporate matters and international shipping. He writes articles in the international press on related topics and lectures. Tel:+ 37 167 88 1843 E-mail: info@incotrustgroup.com |
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