Entrepreneurs often compare the United Kingdom and Latvia when choosing a location for business setup in Europe. Each offers distinct advantages. Your choice depends on whether you prioritise global access or lean toward a growing digital economy with low startup costs.
3E Accounting notes that the United Kingdom is known for its strong regulatory environment, investor protections, and fast incorporation process. Latvia appeals with its low corporate tax, tech-driven policies, and easy access to Baltic and EU markets.
Here’s a quick overview of the key differences for easy reference.
| Factor | The United Kingdom | Latvia |
|---|---|---|
| Business Environment | Stable, well-regulated, investor-friendly | Business-friendly, small but agile market |
| Corporate Tax Rate | 25% | 20% (on distributed profits only) |
| Capital Gains Tax | Varies by asset type and holding period | Taxed only when profits are distributed |
| Ease of Incorporation | Fully digital, completed in 1 day | Online, completed in 3–5 business days |
| Business Costs | Moderate outside London | Lower across major cities |
| Market Access | Strong global access | EU and regional market integration |
When it comes to starting a business in the United Kingdom, navigating the legal and administrative processes can be complex without the right support. That’s where 3E Accounting comes in. As a trusted partner for company incorporation, we provide tailored solutions for entrepreneurs and investors looking to establish a strong business presence. Whether you need help with company registration or expert guidance on setting up businesses in the UK, our experienced team ensures a smooth and efficient process.
From full company incorporation services to ongoing support like corporate secretarial and company secretary services, we offer a complete suite of solutions to support your company setup. Let us help you focus on what matters most—growing your business. Contact 3E Accounting today and take the first step toward successful expansion.
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The UK offers a stable legal system, fast registration, and strong international trade access. You can refer to this guide to starting a business in the United Kingdom for step-by-step instructions.
Latvia offers online incorporation within a few business days. The UK process is faster and fully digital. For details, see this UK company registration guide.
It’s fast, digital, and backed by a reliable legal framework. Learn more about company incorporation in the United Kingdom.
Yes. 3E Accounting offers complete company incorporation services tailored for UK regulations.
You’ll need to register your company, open a bank account, and comply with tax laws. This guide to setting up businesses in the United Kingdom covers it all.
Company setup support is available from 3E Accounting.
Yes. Most companies engage corporate secretarial and company secretary services for compliance and reporting.
Yes. Businesses can apply for business finance support including loans, tax reliefs, and grants.
Abigail Yu
Author
Abigail Yu oversees executive leadership at 3E Accounting Group, leading operations, IT solutions, public relations, and digital marketing to drive business success. She holds an honors degree in Communication and New Media from the National University of Singapore and is highly skilled in crisis management, financial communication, and corporate communications.
