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Republic of Latvia (LV)
TKEG Expat ™ (Ireland) Business Guide

Republic of Latvia

Corporate Services in Latvia
Regional Hub:
Latvia's three ice-free ports, extensive railway and road networks, and the largest international airport in the Baltic region (Riga International Airport) are connected, making it an important transportation and logistics hub connecting the EU market with Russia and Central Asia.
High-Quality Workforce:
Latvia's workforce is highly educated, multilingual, and culturally advocates diligence and reliability. Labor costs in Latvia are among the lowest of the five countries in the EU.
Competitive Tax System:
Latvia’s tax system consistently ranks among the most competitive in the OECD International Tax Competitiveness Index. To enhance its attractiveness, the Latvian government has abolished taxation on reinvested profits and established special incentives for both foreign and domestic investments.
Special Economic Zones and Free Ports:
Latvia has five Special Economic Zones (SEZ) and Free Ports, providing investors with various tax benefits. These special economic zones include Riga Free Port, Ventspils Free Port, Liepaja Special Economic Zone, Rezekne Special Economic Zone, and Riga Freeport Special Economic Zone.

TKEG Expat ™ (Ireland) Latvia Business Info

About Latvia

Latvia offers a strategic Baltic location with EU and eurozone membership, 20% corporate tax with zero tax on reinvested profits, a multilingual workforce, and strong IT and logistics sectors.
TKEG Expat can provide services in Latvia

Tax Info

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Administrative Regions

001 - Aglona Municipality
002 - Aizkraukle Municipality
003 - Aizpute Municipality
004 - Aknīste Municipality
005 - Aloja Municipality
006 - Alsunga Municipality
007 - Alūksne Municipality
008 - Amata Municipality
009 - Ape Municipality
010 - Auce Municipality
012 - Babīte Municipality
013 - Baldone Municipality
014 - Baltinava Municipality
015 - Balvi Municipality
016 - Bauska Municipality
017 - Beverīna Municipality
018 - Brocēni Municipality
019 - Burtnieki Municipality
020 - Carnikava Municipality
021 - Cesvaine Municipality
022 - Cēsis Municipality
023 - Cibla Municipality
024 - Dagda Municipality
025 - Daugavpils Municipality
026 - Dobele Municipality
027 - Dundaga Municipality
028 - Durbe Municipality
029 - Engure Municipality
030 - Ērgļi Municipality
031 - Garkalne Municipality
032 - Grobiņa Municipality
033 - Gulbene Municipality
034 - Iecava Municipality
035 - Ikšķile Municipality
036 - Ilūkste Municipality
037 - Inčukalns Municipality
038 - Jaunjelgava Municipality
039 - Jaunpiebalga Municipality
040 - Jaunpils Municipality
041 - Jelgava Municipality
042 - Jēkabpils Municipality
043 - Kandava Municipality
044 - Kārsava Municipality
045 - Kocēni Municipality
046 - Koknese Municipality
047 - Krāslava Municipality
048 - Krimulda Municipality
049 - Krustpils Municipality
050 - Kuldīga Municipality
051 - Ķegums Municipality
052 - Ķekava Municipality
053 - Lielvārde Municipality
054 - Limbaži Municipality
055 - Līgatne Municipality
056 - Līvāni Municipality
057 - Lubāna Municipality
058 - Ludza Municipality
059 - Madona Municipality
060 - Mazsalaca Municipality
061 - Mālpils Municipality
062 - Mārupe Municipality
063 - Mērsrags Municipality
064 - Naukšēni Municipality
065 - Nereta Municipality
066 - Nīca Municipality
067 - Ogre Municipality
068 - Olaine Municipality
069 - Ozolnieki Municipality
070 - Pārgauja Municipality
071 - Pāvilosta Municipality
072 - Pļaviņas Municipality
073 - Preiļi Municipality
074 - Priekule Municipality
075 - Priekuļi Municipality
076 - Rauna Municipality
077 - Rēzekne Municipality
078 - Riebiņi Municipality
079 - Roja Municipality
080 - Ropaži Municipality
081 - Rucava Municipality
082 - Rugāji Municipality
083 - Rundāle Municipality
084 - Rūjiena Municipality
085 - Sala Municipality
086 - Salacgrīva Municipality
087 - Salaspils Municipality
088 - Saldus Municipality
089 - Saulkrasti Municipality
090 - Sēja Municipality
091 - Sigulda Municipality
092 - Skrīveri Municipality
093 - Skrunda Municipality
094 - Smiltene Municipality
095 - Stopiņi Municipality
096 - Strenči Municipality
097 - Talsi Municipality
098 - Tērvete Municipality
099 - Tukums Municipality
100 - Vaiņode Municipality
101 - Valka Municipality
102 - Varakļāni Municipality
103 - Vārkava Municipality
104 - Vecpiebalga Municipality
105 - Vecumnieki Municipality
106 - Ventspils Municipality
107 - Viesīte Municipality
108 - Viļaka Municipality
109 - Viļāni Municipality
110 - Zilupe Municipality
DGV - Daugavpils
JEL - Jelgava
JKB - Jēkabpils
JUR - Jūrmala
LPX - Liepāja
REZ - Rēzekne
RIX - Riga
VEN - Ventspils
VMR - Valmiera

Belonging Jurisdiction

European Economic Area
EEA - European Economic Area
European Economic Area
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European Union
EU - European Union
European Union
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Republic of Latvia
LV - Latvia
Republic of Latvia
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Global
WORLD - Global
Global
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