5 things to consider to start a business

Starting your own business usually means stepping into the unknown. Because many of us do not have enough experience and knowledge about what to do. Attention should be paid to the details and most importantly, you should know why you started this business. If you have the idea of ​​starting a business, consider whether the […]

Foreign investment continues to grow in Latvia

Foreign investment in Latvia continues to increase day by day. Although the total amount of foreign investment in 2020 exceeds 15 billion euros, it is still less than our Baltic neighbours Estonia and Lithuania. Meanwhile, investments continue to come from countries such as the USA, Switzerland and Canada, which are not members of the European […]

Buying Property (House) in Latvia

Latvijas Republika (i.e. the Republic of Latvia) was founded on 18 November 1918. Although it was recognized by other countries since 1920, it was long occupied by Nazi Germany (1941-1945) and Soviet Russia (1940-1941, 1945-1991). With the dissolution of the USSR, it declared its independence again on 21 August 1991. It was also admitted to […]

General information about Riga

In addition to being the capital of Latvia, Riga is the largest city of both Latvia and the Baltic countries. It is also the country’s cultural, political, educational, financial, commercial, industrial and tourism center. From this information, you can understand that Riga is a great city. The surface area of Riga, which has a population […]

Financial Support Loans for SMEs in Latvia

Support Programs – Providing Financial Support for Small and Medium Businesses Small and medium-sized enterprises (SMEs) that provide many job opportunities are an important part of our economy. Small and medium-sized businesses are always the biggest supporter of the country's economies. SMEs must be supported in order for the country's economy to recover, develop and […]

What is accounting and why is it important in business?

With people starting to trade, accounting emerged. The concept of accounting, which emerged with the aim of organizing commercial relations, is related to trade. Accounting forms the basis of commercial relations, and factual concepts such as making money and investing. After the concept of accounting has emerged, we have to bring a certain order to […]