After BREXIT, if your UK business mainly operates in the European Union, you may want to shift your business from the UK to the EU for many reasons. One of the key reasons would be the tax incentives and customs in case you would like to benefit from the free movement of goods and services that EU provides.

After BREXIT, if your UK business mainly operates in the European Union, you may want to shift your business from the UK to the EU for many reasons. One of the key reasons would be the tax incentives and customs in case you would like to benefit from the free movement of goods and services that EU provides.

EU LAW FIRM offers to establish your own company in Latvia and operate all over the EU.

Latvia offers a progressive business environment, a favourable tax system, efficient business and investment infrastructure, highely qualified workforce and open economy.

Company establishment in Latvia takes 3-4 business days, your presence is not required - establish your own company in EU remotely.

Located in the heart of the three Baltic countries, Riga, the capital of Latvia is one of the largest cities in Baltics, that over the years has become appealing to businesses and investors operating in the EU. Having business in Latvia opens an unrivalled access to EU customers, Turkey, Middle East, Ukraine, Russia and Belarus due to georgaphical location.

Latvian tax system is also beneficial for business, as corporate tax is paid only if money is taken out from the company - in case you invest company in your business again or use it for reasons connected with your business activities, then no corporate income tax in Latvia is paid.

Starting business in Latvia also has more benefits, such as possibility of start-up funding, low rates of pay for workers, getting residence permit in the European Union for one of the cheapest programmes available.

Foreign entrepreneurs in Latvia usually register the following types of undertakings, depending on the business type, revenue and other factors:

1. limited liability company (SIA);

2. joint stock company (AS);

3. branch;

4. representative office of foreign merchant. 

EU LAW FIRM will choose the most appropriate type of an undertaking for your business in terms of law and economics, prepare the necessary documentation for company incorporation and represent your interests in the state authorities. 

To get more information about company establishment in Baltics, do not hesitate to apply for EU LAW FIRM business lawyer consultation and contact our lawyers - info@eulawfirm.eu

You can also contact us via Whatsapp, Viber, Telegram +37126742086

Lawyer consultations are available also through Zoom. 

Important notice for business owners post-BREXIT:

The UK has a double taxation agreement with Latvia to ensure you do not pay tax on the same income in both countries.

Existing double taxation arrangements for UK nationals living in Latvia have not changed.