On March 4, 2025, the Latvian Investment and Development Agency (LIAA) Representation Office in Daugavpils hosted an INFO HOUR, providing entrepreneurs from Daugavpils, Augšdaugava, Preiļi, Līvāni, and Krāslava regions with a unique opportunity to explore key business support initiatives.
During the event, participants gained valuable insights into the latest incubation and pre-incubation programs, their admission criteria, and funding opportunities available through the Development Finance Institution ALTUM and the Latgale Special Economic Zone (Latgale SEZ).
Vladislavs Stankevičs, Deputy Governor of the Latgale SEZ, highlighted that since its establishment in 2017, Latgale SEZ has played a crucial role in attracting investments, modernizing production, and fostering job creation in the region. He emphasized the significant benefits available to businesses, including:
✅ Up to 80% corporate income tax relief
✅ Up to 100% real estate tax exemption
Unlike other special economic zones in Latvia, Latgale SEZ is not confined to a specific territory, allowing businesses the flexibility to choose their preferred location for development. Additionally, there is no minimum investment requirement, making the program accessible to both large enterprises and small businesses alike.
"Every investment, regardless of its size, is essential for the growth of the Latgale region," said Vladislavs Stankevičs.
A special thank you to the LIAA Daugavpils office for the invitation and ongoing collaboration in supporting local entrepreneurs!
Latgale SEZ—the key to business success!
For information on the requirements set out in the law that investments must meet when applying for SEZ direct tax benefits, as well as more detailed information on the operating rules of the Latgale SEZ and the documentation to be submitted, please contact the Latgale SEZ Board: e-mail: lsez@lpr.gov.lv, phone.: +371 26511047, www.invest.latgale.lv
Additional information:
Latgale Special Economic Zone, tel. +371 29957750
