Industries · Latvia

Six industries. Tailored fiscal stack.

Banks, wood, transport, IT, agriculture and tourism — each industry gets configurations activated by NACE code.

01BANKING

Banks and finance — Riga as regional hub

Riga as Baltic financial hub: Swedbank, SEB, Citadele, Luminor. FKTK supervision, MiFID II, AML, customer KYC.

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02WOOD

Wood and furniture — exports to EU

Latvian wood and furniture: major EU exporter (Latvijas Finieris, Krāslavas Avots). FSC certification, EUTR compliance, export VAT 0 %.

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03TRANSPORT

Transport and logistics — transit country

Latvia as EU transit country: Port of Riga, Port of Ventspils, EU TIR convention, rail, road haulage. CMR, TIR Carnets.

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04IT STARTUPS

IT startups — Mintos, Printful, Lokalise heritage

Latvian IT sector: Mintos, Printful, Lokalise, TWINO. SaaS recurring billing, cap table, options, EU funds, exports to US/UK.

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05AGRICULTURE

Agriculture and food — CAP subsidies and LAD

Latvian agriculture: grains, dairy, meat. CAP subsidies, LAD parcel registry, BIO certification, EU traceability.

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06TOURISM

Tourism and restaurants — Old Riga, Jūrmala

Latvian tourism: Old Riga (UNESCO), Jūrmala. VAT 12 % on lodging, eVisitor system, seasonality, OTA commissions.

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