OPEN AN OFFSHORE COMPANY IN LATVIA
from tax burden,
with no risk of tax assessments.
Latvia, the “Pearl of the Baltic”, is a EU country on the shore of the Baltic Sea, crossroad of the trade between East and West. In the last few years, the country is fully taking advantage of its membership to the European Union. The foreign investments are in growth and the Latvian authorities have introduced forms for simplifying the procedures for the establishment of offshore companies.
The government has striven for the development of a free trade and a liberal economic environment. The country is member of WTO and has ratified a lot of international treaties. The foreigners can buy Latvian companies and properties with few limitations. The resident companies are furthermore taxed only on the global income worldwide, while the non-resident companies only on the Latvian income. Latvia also offers some incentives for the investments, as tax credits for capital investment projects: free ports, special economic areas and tax relief for the small enterprises.
The Latvian banking system is more advanced than Baltic countries’ and offers all the services normally required by international investors to start a business. Some local banks are worldwide well-established– but it would be better having an expert advice, like Business Service Distribution one, to open an offshore bank account.
In this context the Business Service Distribution is placed, providing services and assistance with consultants in loco, and executing all the bureaucracy for our customers.
Why wait, rely on our professionals in this field: open your offshore company in Latvia.