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Doing Business in Latvia

Doing Business in Latvia


The Latvian economy since 2000 has been one of the fastest expanding in the European Union, with growth annually averaging almost 9.0%. In 2006 the economy grew 12.2% and a further 10.3% in 2007. The IMF in forecasting a consolidation in the pace of growth for 2008, to around 3.6%.

LIAA - One-Stop-Shop for Foreign Investors
and Buyers interested in Latvia

The Investment and Development Agency of Latvia (LIAA) is a state institution reporting to the Ministry of Economy. LIAA offers assistance throughout the process of setting up operations in Latvia, acting as a first point of contact and as a 'one-stop-shop' in assisting investors and in developing tailored solutions to meet their specific needs. The Agency has its own regularly updated database of Latvian enterprises to facilitate partner searches for investment projects and for exporting or subcontracting businesses.

In March 2006, the LIAA opened an office in Washington D.C.

Latvian Investment and Development Agency
Head of Representative Office - Mr. Uldis Salenieks
1776 K Street, NW, Suite 814
Washington, D.C. 20006
Tel 1.202.470.3183 or 1.202.466.3701
Fax 1.202.466.3703
Email us@liaa.gov.lv
www.liaa.gov.lv

For other business related information on Latvia, please see the following useful links:

Central Bank of Latvia
www.bank.lv

Ministry of Economics
www.em.gov.lv

The American Chamber of Commerce in Latvia
www.amcham.lv

The Commercial Section of the US Embassy in Latvia
www.buyusa.gov/baltics/en

The Register of Enterprises of the Republic of Latvia
www.ur.gov.lv