Latvia

Overview

Discover key highlights, opportunities, and compliance insights for Latvia.

Latvia is a Baltic nation in Northern Europe known for its extensive forests, beaches along the Baltic Sea, and rich cultural heritage blending Northern European and Russian influences. With a parliamentary democracy and EU membership, Latvia provides a stable legal environment and developed infrastructure. Its economy relies on services, transit, manufacturing, and forestry, and it offers favorable tax regimes attracting logistics, IT, and offshore services.