TKEG Expat ™ (EU)
Republic of Latvia
TKEG Expat ™ (EU) 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.

Administrative Regions

Belonging Jurisdiction

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