Starting from 1 January 2018, Latvia introduced changes in the corporate income tax (CIT) system. In accordance with the new law, companies should pay CIT only from that part of the profit that is distributed as dividends, that is, essentially, reinvested profits were exempted from CIT. The same...

The primary goal of the article is to study the effect of the single tax introduction for the micro-enterprises in Latvia. The major aspects affected by the new regime introduction studied in the present article were net registration of micro-enterprises, the employment level in the country, the...

The study considers feasibility of introduction of corporate income tax deferral until distribution of enterprise profits aimed to accelerate economic growth, increase budget revenues and raise welfare of the population of Latvia. The study analyses the effect of introduction of corporate income...

One of the tools for financing young innovative companies is state-subsidized venture capital funds (VCF). The paper explores the issues of demand for investment and the structure of Latvian state-subsidized VCF investments. We found that of the total number of applications for investment...

The current article examines the tendencies, amounts and sources of financing for the whole population of micro-enterprises (hereinafter referred to as MEs) in one country. The changes in the amounts and the structure of ME financing with regard to the three main sources – bank loans, leasing...

The paper examines the issues of state and development of the informal venture capital (IVC) of Latvia. The results of a questionnaire survey of managers of business angels networks (BAN) are presented in the paper. The research analyses both quantitative and qualitative indicators of the IVC....

The paper deals with the issues of attracting investments into venture capital and private equity funds in Latvia. The aim of the research is to assess changes in the venture capital and private equity industry and evaluate its condition in the post-crisis period. The period of analysis is the...

The paper deals with the problems of capital attraction into venture capital funds of Latvia. In the post-crisis period, investor concern towards risks worsened. The attitude of banks to venture projects became more cautious as well. Therefore, it has become increasingly important to identify...

The paper addresses the issues of regional and export competitiveness of the countries in the same region with similar level of economic development with regard to labor costs borne by employers. Research results demonstrate that the country with higher labor costs shows lower export indicators...