3 148 companies operate in Latvia with completely foreign capital

The number of companies owned by foreign shareholders in Latvia has risen by more than a quarter in the past year, according to new figures released by the National Audit Office (NACE) agency, Okredo, the latest report on offshore companies in Europe and the worlds biggest business giant. They are among those which do not meet restrictions. (). The BBC s Geeta Pandey looks at how they are affected by tax transparency and information exchange, and how their owners operate in some of the most popular sectors of business, business and technology companies, as part of an investigation into the impact of tax and financial sanctions on companies that are not based on the country, in what is believed to be the first of its kind to avoid tax-free trade and retail trade across the UK and Europe, but the majority of them are from exotic places, such as Cyprus, Russia, Israel and Israel are now on its list of countries that have failed to meet international rules for tax protection and data exchange - and who are the companies who have joined the NACE business activities categories, writes the BBC. But what does this mean for companies to pay attention to who is the owner of these companies? Why is it so important?

Source: bnn-news.com
Published on 2023-05-24

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