Today, a significant legal development in Latvia was published—the Sustainability Information Disclosure Law ("Ilgtspējas informācijas atklāšanas likums"). This law introduces stringent requirements for businesses operating in Latvia, particularly those registered as large or medium enterprises and those whose securities are traded on regulated markets. It aligns with EU sustainability standards and mandates comprehensive disclosure of environmental, social, and governance (ESG) factors.

We are thrilled to announce that Theodore Daniels Solutions & Strategies today has signed an agreement with the Investment and Development Agency of Latvia and secured funding from the prestigious Norway Grant Program to participate in Oslo Innovation Week 2024 from September 23-27. This is a significant opportunity and we are proud to participate at one of the world's leading events for innovation, technology, and sustainable development.

Many foreign investors have encountered setbacks when trying to juggle multiple service providers—each offering fragmented solutions that result in delays, miscommunication, and inefficiencies. By consolidating all essential services into one contact point, Theodore Daniels eliminates these risks and offers a seamless, fully integrated approach to managing your business in Latvia.

We are excited to announce that Theodore Daniels has officially obtained membership with The Lawyers Global, a highly respected and internationally recognized organization within the legal industry. This milestone marks a significant achievement for our firm and highlights our commitment to providing exceptional legal and business advisory services to our clients across the Baltic region and beyond.

Investing in the Baltics – Latvia, Estonia, and Lithuania – offers vast opportunities for foreign investors looking to tap into a growing market with strategic access to both the EU and Eastern Europe. However, navigating the legal landscape of these countries requires careful planning to ensure compliance with local regulations and maximize your investment potential. Whether you’re planning to set up a new business, invest in real estate, or establish a regional office, understanding the legal framework is essential. Below are the key Legal Considerations for Foreign Investors in the Baltics.

Latvia, one of the fastest-growing economies in the Baltic region, is quickly becoming an attractive destination for foreign investors. Known for its strategic location, skilled workforce, and pro-business environment, Latvia offers unique opportunities for those looking to invest in a dynamic and rapidly expanding market. If you’re considering where to invest next, here are the Top 5 Reasons to choose Latvia for your next business venture.