Static File
Contact Us

Latvia

Mauve Group provides a variety of services to assist your business in expanding in Latvia. With our international Employer of Record (EOR) service, you can hire local compliant employees in Latvia without setting up a local company. We handle employment contracts, statutory and local pay, payroll setup, tax, costs, and employee termination if necessary. Our global payroll services enable you to make timely, correct, and compliant remittances in Latvia, easing your business through local regulations. With our salary benchmarking services, you gain market-driven intelligence on Latvian pay standards, allowing you to build fair and competitive reward structures that capture and retain top local talent. In addition, Mauve's bespoke HR services provide expert guidance on managing staff, compliance, and HR processes to enable your business to operate efficiently and compliantly in Latvia.

Latvia

At a glance

  • Capital

    Riga

  • Currency

    Euro (€, EUR)

  • Official Languages

    Latvian (official language)

  • Population Size

    1,842,226 (2022)

  • Ease of doing business

    Very Easy

  • VAT

    0.21

About

Latvia, a dynamic Baltic nation, has emerged as a growing hub for tourism and business alike. Its capital city, Riga, is especially popular due to affordable air travel within Europe and low living costs, including competitively priced food and accommodation.

Since regaining independence from the Soviet Union, Latvia has rapidly integrated into the international community, becoming a member of NATO and the European Union less than a decade later. These developments have contributed to a stable regulatory environment—ideal for companies considering how to expand business internationally.

With its strategic location and cost-effective workforce, Latvia offers excellent opportunities for companies employing staff overseas, managing international payroll, or looking for global HR consultancy.

Mauve Group has its own local entity in Latvia, and is ready to support your business through our comprehensive range of in-country services, including Employer of Record (EOR) solutions, global payroll, and global compliance services.