π±π» Riga
Latvia
Latvia taxes only distributed profit, offers an innovation-friendly regime, and holds a strategic Baltic port location. Riga is a growing IT and shared-services hub with a major regional airport.
Incentives
Why investors choose Latvia
- β0% tax on reinvested profit β 20% only on distribution
- β100% R&D deduction on qualifying expenditure
- βEU-funded support for priority industries
- βFreeport and SEZ regimes with tax discounts in Riga, Ventspils, LiepΔja
Key sectors
Industry strengths
ITLogisticsWoodFood