top location within the eu for business activities
Due to the very good geographical location and traffic connections, the business-friendly legislation and the interesting tax framework, Latvia with its capital Riga is currently one of the best places within the EU to pursue business activities. Since breaking away from the Russian Federation in 1991, Riga has developed into a pulsating, exciting city that has also become very popular in international business. The Jurmala region, 20 minutes away, offers a really special recreational experience with miles of sandy beaches.
WHY LATVIA IS PARTICULARLY SUITABLE AS A LOCATION FOR STARTING A COMPANY ...
According to the World Bank Doing Business 2019 report, Latvia ranks 19th out of over 190 world economies. In a direct comparison, Germany is in 22nd place. Latvia is in 26th place in the field of business start-ups (for comparison: Germany in 125th place).
source: The World Bank Group
