- country
- Latvia
- incentives
- Per State Revenue Service (VID): direct tax rebates based on accrued investment - 55% (small companies), 45% (medium), 35% (large); up to 80% rebate on immovable (real estate) property tax; 80% rebate on corporate income tax; 0% VAT rate and exemption from excise duty on oil products. Legal basis: Law On Taxation in Free Ports and Special Economic Zones. InvestInLatvia (LIAA) summary: 80% CIT rebate (effective rate as low as 4%) and 80% property tax rebate (as low as 0.3%); regime expected to be in place until 2035.
- zone type
- sez