Unlocking Investment & Company Registration Potential in Latvia

Latvia’s business and foreign direct investment (FDI) landscape is evolving rapidly. While Riga remains the central hub, international investors and entrepreneurs are increasingly exploring broader opportunities across the country. Sectors like industrial growth, clean energy, digital services, and logistics are attracting attention.
With EU recovery funds and government incentives in place, Latvia offers a cost-efficient entry point to the EU single market—an attractive alternative compared to rising operational costs in Western Europe and the Nordics. This makes Latvia not only a prime location for expansion but also a strategic choice for company registration and business setup in the EU.
Key Business & Investment Drivers in Latvia
- Tax incentives: Special Economic Zones (SEZs) and freeports provide up to 80% relief on corporate income tax and real estate tax.
- Cost advantage: Competitive land, labor, and utilities make Latvia one of the most cost-effective jurisdictions for company formation in Europe.
- Energy transition: Investments in solar, wind, and grid infrastructure reduce long-term risks for manufacturers.
- Digital growth: A strong ICT sector, cybersecurity expertise, and nearshore service capabilities make Latvia ideal for digital-first companies.
- Logistics advantage: Strategic EU location with access to Scandinavian, Baltic, and Central European supply chains.
For entrepreneurs, this means registering a company in Latvia not only provides a low-cost setup but also ensures strong integration with European markets.
How Oceans Baltics Supports Business Setup in Latvia
Our mission is to make company registration in Latvia straightforward, transparent, and growth-oriented. Whether you are a startup founder or an established foreign investor, Oceans.lv ensures smooth market entry:
- Market–fit analysis → Align your business model with Latvia’s strongest industry advantages.
- Incentive modeling → Calculate real savings from SEZ benefits, EU grants, and financing tools.
- Location & infrastructure checks → Compare land, office spaces, industrial premises, and utilities.
- Talent mapping → Evaluate workforce availability, universities, and training support for scaling.
- On-the-ground facilitation → Organize site visits, negotiations, and legal/regulatory alignment.
- ESG & energy strategy → Secure sustainable energy contracts and meet ESG compliance standards.
- Long-term aftercare → Ongoing support for expansion, compliance, and supply chain integration.
From company incorporation and legal paperwork to full operational readiness, Oceans.lv is your trusted partner.
Bottom Line
Latvia is positioning itself as a cost-efficient, future-ready investment hub with strong government incentives, upgraded infrastructure, and a clear focus on green and digital transformation.
👉 With Oceans Baltics, foreign investors and entrepreneurs can register a company in Latvia quickly and confidently—cutting through complexity, optimizing financial benefits, and building long-term growth in one of Europe’s most dynamic markets.