Usually an individual, when buying a real estate inteded for personal use, for example, an apartment, a flat or a private house, will register himself as an owner of the property. Indeed, the mere purchase of the real estate as such, does not create any immediate tax consequences. However, if the buyer has an intention (or at least allows) to sell this property sometime in the future, it is probable that he/she will be liable to pay tax for the sale of […]
Latvia could be used as a platform for both portfolio and direct investments for the following free reasons: Securities listed on stock-exchanges are traded tax-free The gains arising in the hands of a Latvian company from disposal of the securities (shares, bonds etc) which are traded/quoted on regulated markets within the European Union/European Economic Area countries, as well as the profit from trade of investment certificates in EU and EEA open-end investment funds are not taxes with Latvian corporate income […]
The company formation in Latvia creates many business and tax opportunities. The video summarizes available legal forms and applications of Latvian entities.