Hello! We are currently considering relocating to Latvia. I am trying to find the best resources and advice regarding moving our current business to Latvia and starting up two others. We are currently based in Canada so I am curious about the tax differences and whether or not to keep all our businesses registered in Canada or register them in Latvia and pay business and personal taxes there. I hear the tax process can be more than a little complicated in Latvia. I have heard registering a business in Estonia might be a better idea.
We can also easily employ freelancers in Canada without that getting to complicated, they work hourly and part time on their own time and we don't pay benefits - we simply are billed for their time and services per month and we write off the costs as 'services'. Is it that straightforward in Latvia as well?
Any advice and also referrals to a good accountant and lawyer would be appreciated.