Baltics
Three markets, one growth corridor: Latvia, Estonia and Lithuania offer well-trained specialists, modern infrastructure, low corporate tax rates, EU membership and a favourable geographic position as a bridge between Western and Eastern Europe.
We build connections for our clients to local partners and advisors in all three countries, for market entry built on personal relationships and local knowledge:
- Latvia: close collaboration with LIAA (Investment and Development Agency) and a network of local partners.
- Estonia: access through our network of local partners and advisors.
- Lithuania: access through our network of local partners and advisors.
LIAA
The Investment and Development Agency of Latvia (LIAA) reports to the Latvian Ministry of Economics. Its aim: increase the export capacity and competitiveness of Latvian companies, facilitate foreign investment and implement a policy of industrial development and innovation. For local companies looking for opportunities abroad, it opens new contacts through trade missions, in the B2B sphere, at events, individual meetings and export workshops.
A particular focus lies on investment facilitation. Local representatives serve as supporters and guides for foreign investors, and Latvia offers legislation favourable to entrepreneurship along with a sound tax policy, infrastructure and support instruments. We advise our clients on the LIAA’s services, business opportunities and available support; detailed information on EU offerings can be found through the Enterprise Europe Network, whose official partner in Latvia is the LIAA. Those taking their first steps in business will find 15 business incubators throughout Latvia.
Foreign companies seeking cooperation partners in Latvia can also use LIAA’s international network of representations. It covers Egypt, Azerbaijan, Belarus, China (Beijing and Shanghai), Denmark, Germany, Finland, France, Japan, Korea, India, Liechtenstein, the Netherlands, Norway, Poland, Russia, Singapore, Sweden, Switzerland, Thailand, Ukraine, the United Arab Emirates, Great Britain and the USA. The LIAA was founded in 1993 and has received several awards for its work.