Business in Latvia is a great alternative to offshore companies, as the Latvian government has adopted many changes in rules and laws in recent years. Companies in Latvia attract foreign entrepreneurs and investors who are looking for a stable and developing business structure and the opportunity to take advantage of several options for optimizing taxation for their business.

While it is possible to register your own company, there is another alternative - you can buy an existing company. A company that was formed some time ago and is not currently operating is called a shelf or shelf company. Shelf companies are either “clean”, which means that there has never been any business relationship with that company since incorporation, or a company with its own history, which means that it has a previous operating and financial history.

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