News
CHANGES IN REGULATIONS CONCERNING LOW-TAX AND TAX-FREE COUNTRIES
As of July 1, 2023, new Cabinet regulations No 333 “List of low-tax or tax-free countries and territories” are effective. Cabinet regulations have been expanded…
Employee tax and how it’s calculated
The Latvian labour law sets minimum employment requirements including equal pay for work of men and women, amount of minimum salary, entitlement for paid leave…
Leinonen Group is looking for KYC Specialist!
About the job: Leinonen Group is an internationally established accountancy and advisory firm with 31 years of knowledge and experience. Our service portfolio includes accounting,…
Foreigner´s eID card – your possibilities in Latvian digital environment
When planning to start a business in Latvia you look for opportunities to do it quickly and digitally. Often foreigners find themselves in a situation…
Support programs for business digitalisation
On February 22 of this year, the first three support programs of the Recovery Fund were opened for businesses: “Aid for Creation of Digital Innovation Centres…
SUPPORT TO ENTERPRISES FOR REDUCING THE WAR CONSEQUENCES
For more than a month, entrepreneurs may apply for State aid programmes that aim to reduce the economic consequences caused by the Russian military aggression…
BUSINESS IN LATVIA
Latvia has a rather small population of 2 million, which is mostly situated in the capital Riga. One of the key advantages of Latvia lies…
STATE AID FOR COMPANIES AFFECTED BY THE COVID-19 CRISIS
Special crisis measures (working capital grant, wage subsidies, working capital loan, loan holidays guarantee, etc.) are available for companies whose activities have been significantly restricted…
Support for energy-intensive manufacturing companies
From October 18 of this year, energy-intensive companies in the manufacturing industry may apply for the new aid programme to compensate the increase in electricity…