
Our services in Latvia
Latvia is located in Northern Europe on the eastern shores of the Baltic Sea. Latvia enjoys a temperate climate in its coastal areas and a more continental climate inland, providing hot summers and harsh winters. The land is heavily forested with forests comprising 56% of the total area of Latvia. Because of this, the timber industry is a strong player in the Latvian economy.
The global economic crisis of 2008 hit Latvia hard, but it has since bounded back. The Latvian economy grew by 5.5% and 5.6% in 2011 and 2012 respectively, giving it the highest economic growth in the Europe for this time. However, unemployment remains high and GDP remains below the pre-crisis level. Riga is both the capital and economic center of Latvia. The city generates more than 50% of Latvia's GDP as well as around half of Latvia's exports. The biggest exporters are in wood products, IT, food and beverage manufacturing, pharmaceuticals, transport and metallurgy.
Are you looking to operate your own foreign subsidiary or international operation in Latvia? Do you need a quick entry solution in Latvia? GOT's professionals will help you grow your business while maintaining local and international compliance in Latvia. Our professionals in Latvia are local and experienced, and licensed when necessary.
Reach out to us today by using our contact form for all your secretarial, managerial, immigration, and consultation needs. We look forward to helping you! Contact us today and receive a quote within 24 hours.