START-UP ECOSYSTEM IN THE BALTICS: what you should know about state aid
Nowadays, Start-ups are becoming increasingly popular as a way of implementing innovative business ideas. As borders are almost non-existent in the business environment since the international element plays an important role, it is highly important to choose the most suitable country for starting a business. Not only the economic and legal aspects, but also a favorable start-up ecosystem and wide development opportunities that countries promote through the establishment of various support programs, are considerable in making this choice.
To facilitate the process of choosing a country in which to establish a start-up, LEADELL law offices have prepared a comparative overview of state aid programs for Start-up companies in Baltic states, which will give an insight on the advantages offered by Estonia, Latvia and Lithuania in terms of obtaining visas, paying taxes, receiving financial and advisory support to businesses, etc.
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