News

Amendments to the Commercial Law: transactions with related persons

Amendments to the Commercial Law were adopted on 15 June 2017, stating, among other things, significant changes in relation to transactions with related persons. The amendments came into force on 13 July 2017. Until now [...]

Manufacturing functional models in Latvia

Manufacturing functional models in Latvia There are many reasons why select Latvia as a place for establishing the manufacturing facilities for the production for the needs of the group. Among other advantages we may [...]

What is shared service center?

What is shared service center? A shared service center is specially created unit in the legal structure of  the companies group, to which a certain business function or several functions are transferred throughout the organization, [...]