The International Business Hub
Latvia is an attractive destination for business investors and entrepreneurs due to its strategic location in Europe, business-friendly environment, and access to the EU market. At The International Business Hub, we assist individuals and businesses in setting up their companies in Latvia while also securing a residency permit through investment, entrepreneurship, or employment.
✅ EU Membership – Full access to the European Union (EU) and Schengen Area.
✅ Business-Friendly Tax System – Corporate tax is 20%, and there are multiple tax benefits for startups and SMEs.
✅ Quick Business Setup – Company formation in Latvia can be completed within a few days.
✅ Affordable Operating Costs – Lower costs compared to other Western European countries.
✅ Residency & Citizenship Opportunities – A business investment can lead to temporary or permanent residence in Latvia.
We provide complete assistance in setting up a Latvian company, ensuring full compliance with local laws. The main types of business entities include:
✅ Limited Liability Company (SIA) – The most popular option for foreign investors. Requires a minimum share capital of €2,800 (or €1 for a micro-company).
✅ Branch Office – For businesses looking to expand operations into Latvia.
✅ Sole Proprietorship – Best for freelancers and independent entrepreneurs.
Our services include:
Business consultation to select the best structure.
Company registration with the Latvian Business Register.
Assistance with obtaining a tax number and VAT registration.
Opening a corporate bank account.
Setting up a virtual or physical office in Latvia.
Latvia offers a residency-by-investment program for business owners, investors, and skilled professionals. We assist in securing:
✅ Residency through Company Formation – Entrepreneurs who start a business in Latvia can apply for a temporary residence permit (valid for 5 years).
✅ Investment-Based Residency – Investing at least €50,000 in a Latvian company can make you eligible for a residency permit.
✅ Employment-Based Residency – Companies can sponsor work permits for skilled professionals and managers.
✅ Real Estate Investment Residency – Buying real estate worth at least €250,000 can qualify you for residency.
✅ Permanent Residency & Citizenship – After 5 years of continuous residence, you may apply for permanent residency and later for Latvian citizenship.
Our services include:
Preparing and submitting the residency application.
Assistance with visa processing and legal documentation.
Registering for a personal tax number and social security in Latvia.
Family reunification services (residency permits for spouses and children).
Once your business is operational, we offer additional services to ensure compliance and smooth operations:
✅ Accounting & Tax Services – VAT registration, bookkeeping, financial reporting, and tax optimization.
✅ Legal Assistance – Contract drafting, employment law compliance, and business regulations advisory.
✅ Business Expansion & Networking – Access to government incentives, investment grants, and connections with potential partners.
✔ Expertise in Business & Residency Services – We handle all documentation, legal formalities, and company setup efficiently.
✔ Fast & Efficient Process – Business registration and residency applications are processed quickly.
✔ Personalized Solutions – We tailor our services to meet your specific business and residency goals.
✔ EU & Schengen Access – Get full access to European markets through Latvia’s strategic location.
Latvia is a perfect gateway to the European market. Whether you want to start a business, invest, or obtain EU residency, The International Business Hub is here to help.
📩 Contact us today to begin your journey in Latvia!