Latvian services and the attraction of investments

Lalitadhana329

[size=14.6667px]simplifying the application of the micro-enterprise tax rate of 25%, as also increasing the VAT registration threshold for domestic transactions. All these measures will help our businessmen to increase their competitiveness and, therefore, their export capacity," emphasizes Economy Minister Viktors Valainis. In the 2024 state budget, the government has decided to allocate additional funding in the amount of 6 million euros for the promotion of the export of  , with an identical amount earmarked for 2025 and 2026. In order to further stimulate Latvian companies to invest in the development of new products and thus promote the growth of.[size=14.6667px]

[size=14.6667px] Latvia's national economy and increase the volume of exports, it is necessary to continue targeted state investments in the national economy. In order to provide support to Latvian companies, well-thought-out and long-term targeted state [size=14.6667px]Canada WhatsApp Number Data [size=14.6667px]support activities are needed, which are directly related to additional support for investment, market reorientation, development of new and innovative products and services, promoting economic activity in Latvia's regions as well," emphasizes Minister of Economy Viktors Valainis. Within the framework of this financing, it is planned to implement measures to promote the export of transactions and events in Latvia, providing support for such activities as the organization of.
[size=14.6667px]

[size=14.6667px]
[size=14.6667px]

[size=14.6667px]

[size=14.6667px]The volume of production realized on the domestic market decreased a little faster - by 6.1%, and more moderately - the volume of production realized on export - by 4%. The realization of wood and its products decreased significantly. This was partly offset by the increase in sales volumes of computers, electronic and optical equipment, as well as food products. It is predicted that the manufacturing industry will continue to be affected by weak external demand and geopolitical uncertainty in the coming months.