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Tax in Latvia

EU LAW FIRM LEGAL NEWS • February 18, 2021

Tax is one of the most important factors individual considers when registering company in EU. Latvia is one of the countries in the European Union with low tax rates. Currently new tax changes are discussed in Latvia that would improve the conditions for businesses in Latvia and social protection for residents in Latvia, EU LAW FIRM tax lawyers in Latvia will provide you a brief guide on current most important tax in Latvia, to explain the existing taxes and answer most asked questions about taxation in Latvia.

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Register company in Cyprus

EU LAW FIRM LEGAL NEWS • February 11, 2021

Cyprus is one of the EU fastest growing economies with various business and investment opportunities. Cyprus from 2008 is a member of Eurozone, this allows your company established in Cyprus a full access to European markets and...

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Work as a highly skilled employee in Latvia (EU)

EU LAW FIRM LEGAL NEWS • February 4, 2021

If you are a non-EU citizen and you want to work in Latvia (EU) as a highly skilled employee in fields like IT, engineering, physics, financial analysis, aircraft navigation and other - it is possible to obtain European Union Blue Card to work in EU for period more than 90 days.

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Business immigration to European Union

EU LAW FIRM LEGAL NEWS • January 29, 2021

Latvia is very interested in attracting foreign investment. This foreign investment may grant you EU residence permit. Compared to other European countries, Latvia is one of the cheapest countries in EU to obtain residence permit by investment (including establishing your company), for example in real estate or country’s economy. Latvian residence permit allows you to move freely through the Schengen area and enjoy all the benefits of legal residence in the EU. Latvia may be not only the perfect place for doing business in EU, but also for moving there with your family.

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Startup state support in EU

EU LAW FIRM LEGAL NEWS • January 26, 2021

Latvia is one of the countries in the EU that provides particular conditions of state support for start-ups. For example, start-up companies are eligible for substantial support from the state, which would be a reduction in payroll taxes or co-financing the costs on highly skilled employees. Foreigners can also apply for start-up visa in Latvia and pursue their innovative business activities in the European Union.

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Fiscal Representative in Latvia

EU LAW FIRM LEGAL NEWS • January 17, 2021

A fiscal representative in Latvia is required in case a company does not have a local presence in Latvia, but it carries out taxable services on the Latvian territory. Most common necessity for fiscal representative in Latvia arises when a company is VAT payer in Latvia - to file monthly VAT returns.