Start your business in Latvia. Pay 15% in taxes.
Premium support for entrepreneurs. From company creation to residence, everything is handled.
Free · 30 minutes · No commitment
Running a company at home is heavy.
In Latvia, it's light.
Whether you're operating from the UK or the US, the friction is the same. Latvia is the EU's quiet escape hatch.
In the UK
- 25% Corporation Tax + 33.75% dividend tax = ~45% effective on owner profits
- 15% Employer NI from £5,000 (raised April 2025)
- Brexit friction on EU clients, customs, VAT MOSS gone
- HMRC investigations rising, IR35 and capital gains pressure
In Latvia
- 0% Corporate Tax on reinvested profits, 20% only when distributed
- Company created in 2 business days, EU VAT number included
- Full EU single market access: no Brexit, no customs, no friction
- EU, Schengen, Euro, OECD, NATO: zero tax stigma, full credibility
In the US
- 21% federal CIT + state CIT (up to 9.8%) + 15.3% self-employment tax
- Worldwide taxation: the US taxes you on global income, even abroad
- 50-state patchwork of sales tax, payroll, BOI filings, FBAR reporting
- Healthcare costs, no statutory PTO, litigation exposure
In Latvia
- Predictable flat tax: 0% reinvested, 20% on distributions, no AMT
- Territorial logic, plus a US-Latvia tax treaty (in force since 2000)
- One country, one tax code, one bank, one accountant
- Universal healthcare, EU consumer law, low cost of living
Riga, Latvia
Operational in 3 weeks
3 steps. 1 point of contact. 0 paperwork.
Free call
We analyse your situation, your goals, and create your personalised expatriation plan. 30 minutes, free, no commitment.
Company creation
Latvian SIA, VAT number, professional bank account. We handle 100% of the process. You sign, we do the rest.
Residence & launch
Residence permit obtained, company active, ready to invoice your clients. Welcome to Latvia.
Everything you need, nothing superfluous
One single point of contact for your complete relocation to Latvia.
SIA Creation
Your turnkey Latvian company: articles of association, commercial registry, intra-community VAT number. Operational in 2 to 10 days.
Latvian Residence
EU residence permit, tax residence. Access to the Schengen area, the Eurozone, and all benefits of the single market.
Tax Optimization
0% corporate tax on reinvested profits, 20% only on distributed dividends. Compared to 25% CT in the UK or 21% federal CIT plus state in the US. 100% legal.
Bank Account
Professional and personal bank account opening in Latvia. European IBAN, cards, SEPA transfers. Everything you need to operate.
Complete Support
Housing, daily life, local network, accounting, ongoing tax advice. We stay by your side long after incorporation.
Riga Old Town
How much do you save in Latvia?
Compare your current UK or US tax burden with Latvian tax rates. Real-time results.
* Indicative simulation based on a UK Ltd (Corporation Tax + dividend tax + NI on director salary) versus a Latvian SIA (minimum salary + dividends). Actual amounts depend on your individual situation. Consult a professional for a personalised assessment.
Why Latvia?
The only European country with 6/6 international accreditations and favourable taxation for entrepreneurs.
| Criteria | UK | USA | Estonia | Dubai | Latvia |
|---|---|---|---|---|---|
| CIT on reinvested profits | 25% (19% small) | 21% federal + state | 0% | 0-9% | 0% |
| CIT on distributed profits | 25% + 33.75% dividend | 21% + 15-20% qualified div | 28% (2026) | 0% | 20% |
| Owner payroll / SE charges | 15% Employer NI + 8% Employee | 15.3% Self-employment tax | 33% social | None | ~24% Employer + 10.5% Employee on min. salary |
| VAT / Sales tax | 20% VAT | 0-10% state sales tax | 24% | 5% | 21% VAT |
| Company incorporation | 1-2 days online | 1-7 days (state-dep.) | 3-5 days | 2-3 weeks | 2 days |
| Cost of living (vs Paris) | +20% (London) | +35% (NYC) / +5% avg | -15% | +30% | -45% |
| Tax stigma | Moderate (HMRC, IR35) | High (worldwide tax, FATCA) | None | High | None |
| Dedicated support | N/A | N/A | No | Yes | Yes (us) |
| Stripe / SEPA | Yes / Yes (non-EEA participant) | Yes / No (SWIFT only) | Yes / Yes | Yes / No | Yes / Yes (native EU) |
| EU Member | No (since 2020) | No | Yes | No | Yes |
| Schengen Area | No | No | Yes | No | Yes |
| Eurozone | No (GBP) | No (USD) | Yes | No | Yes |
| OECD | Yes | Yes | Yes | No | Yes |
| Bilateral tax treaty with Latvia | Yes (in force 1997) | Yes (in force 2000) | Yes | Yes | N/A |
Freedom Monument, Riga
Dozens of entrepreneurs trust us through word of mouth
80% of our clients come through word of mouth
"I save EUR 18,000 per year in taxes since I created my SIA in Latvia with Balt Partners. The support made all the difference."
"Before: 45% taxes in Paris, 3 months waiting for every procedure. After: 15% in Latvia, everything sorted in 3 weeks thanks to Balt Partners."
"3 weeks. That's all it took to get my SIA, bank account, and residence permit. The best investment of my entrepreneurial life."
"The team guided me step by step. Even when I had questions at 11pm, I had an answer the next morning. Truly premium service."
Free, 30 minutes, no commitment
Your questions, our answers
No. You have two options to establish your tax residency in Latvia: stay 183 days per year, or simply have a registered address there year-round. You can live wherever you want while benefiting from the Latvian tax framework.
Yes, 100%. Latvia has been an EU member since 2004, part of the Eurozone since 2014, and an OECD member since 2016. Creating a SIA and obtaining Latvian tax residence are perfectly legal processes governed by European law. This is not an offshore scheme, it is a legitimate European tax residence.
Our pricing adapts to your situation. We offer three packages: Essential (company formation), Premium (company + residence + support), and Complete (all-inclusive with relocation). Book a free strategy call to receive a personalised quote tailored to your needs. No hidden fees.
No, full-time residence is not required. Latvia offers two paths to tax residency: registering a declared address (deklarētā dzīvesvieta) in Latvia, or spending 183+ days in any 12-month period. With a declared address and real economic substance (active SIA, Latvian bank account, regular presence), you are a Latvian tax resident, no need to stay six months in Riga. Use Riga as your base and travel freely the rest of the year. If another country also claims your tax residency, the applicable tax treaty's tie-breaker rules resolve the situation.
SIA stands for "Sabiedriba ar ierobezotu atbildibu", the Latvian equivalent of a limited liability company (LLC/Ltd). Created in 2 business days via the Latvian registry's online system. It is the most common legal form for entrepreneurs in Latvia.
In Latvia, corporate income tax is 0% on reinvested profits and 20% only on profits distributed as dividends. As long as you reinvest profits in your company, you pay zero corporate tax. It is the most attractive tax framework in the European Union.
You can close your SIA and return at any time. Bilateral tax treaties between Latvia and the UK (in force since 1997) and Latvia and the US (in force since 2000) govern the transition and prevent double taxation. We also support you with the exit process if needed.
SIA creation: 2 to 10 business days. Residence permit: approximately 3 weeks. Total from first call to invoicing your first client: 3 weeks on average. We handle 100% of the process. You sign, we do the rest.
Ready to take the next step?
We guide you through every step and answer all your questions.
Free · 30 minutes · No commitment