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Doing Business Guide in the Baltics.
12.05.2015
General principles
Forums For Adjudicating Employment Disputes
The Labour Dispute...
14.01.2015
Minimum monthly salary and the minimum hourly wage rate
According to amendments in the Regulations of the Cabinet of Ministers of the Republic of Latvia regarding the...
10.01.2015
Similar to the Green Card in the USA, the EU blue card offers highly educated employees from third countries the opportunity and the right to work and stay in...
11.12.2014
Successful business model or brand may be leased to another party for period of time; this practice is regarded as franchising. For lessor, otherwise known as franchiser, franchising opens an opportunity to increase the notoriety of the brand...
08.12.2014
Prohibited agreements
The Competition Law prohibits and proclaims null and void all agreements...
26.11.2014
Mergers, divisions and changes in the form of Latvian companies fall under the reorganization rules. Information further covers the main legal and...
10.11.2014
Relocating your business to another country or city is not only an excellent way to expand your company but it is also a great way to reduce and optimize costs and taxes. The most common question is: which country (or city) to...
28.10.2014
The Latvian government introduced in August a new regulation enabling Latvia’s lotteries and gambling regulator to...
07.10.2014
The main sources for false advertising claims are the Advertising Law and the Unfair Commercial Practice Prohibition Law. The Advertising Law prohibits misleading advertisements and contains general requirements for...
29.09.2014
Accounting records
According to laws, accounting records shall clearly display the transactions and financial results of a company, and it shall give a true and fair view of its financial...
03.09.2014
To provideelectronic money institution servicesLimited Liability Company or Joint Stock Company have to be registered in Latvia, with...
18.08.2014
The Latvian gambling regulator has published its first blacklist of 20 gambling domains including PokerStars, bet365 and 888 in an attempt to restrict the grey market in the Baltic...
24.07.2014
According to amendments in the Commercial law of Latvia from July 1, 2014 the company can register any amendments in the Articles of...
22.05.2014
Gencs Valters Law Firm representative Gunda Leite attended our client L'Oréal and UNESCO Award ceremony for...
13.05.2014
Extraordinary dividends
According to amendments in the Commercial law of Latvia as of 01.07.2014 will be...
10.04.2014
European Union citizens
EU citizens have the right to stay in Latvia on the basis of a valid travel document for the period of up to 3 months within half a year counting from...
13.09.2013
Latviais replacing its currency, thelats, with theeuroon 1 January 2014.
The conversion rate is set at 0.702804 Latvian lats to one euro, which...