Transport

The main branches of Latvia’s industrial production are mechanical engineering and metalworking (45%), chemical industry (17%), light industry (19%), electrical engineering (9.9%), printing and publishing (8%), scientific research and production (1.8%).There are 1,261 companies with annual turnover of more than ...

Lithuanian tax system is not changing

The Lithuanian tax system is basically made up of direct and indirect taxes, and they have basically not changed in the past years. Lithuania’s main tax types are personal income tax, corporate tax, value ...

Estonian Tax System

In the International Tax Competitiveness Index, the Estonian tax system has been ranked the most competitive in the world for the past couple years. The Estonian government also points out that the country’s tax ...

A year marked by growth on the Baltic real estate market

In the first ten months of 2016, the number of transactions on the Baltic real estate market rose by 6% against the respective period a year before. Given the acquisition and merger (A&M) trends in ...

Despite challenges, exporters hold their ground

In 2016, Latvia exported EUR 10.332 billion worth of goods to foreign countries, down 0.3% or EUR 30.9 million from 2015, while imports dropped 1.7% or EUR 212.9 million to EUR 12.279 billion. For exporters, last year was full of challenges, considering falling ...