Global Investment & Innovation Incentives
In the current global competitive business environment, companies seek to utilize financial incentives to fuel their R&D, innovation, and other business investments. Many countries, including Latvia, offer various grants and incentives in areas such as the digital economy, energy efficiency, environment, globalization, innovation, sustainability and training. The availability of opportunities becomes more complex when we consider available EU level funding possibilities.
These incentives are available for both domestic investments and growth opportunities abroad. Identifying, understanding, and prioritizing the right incentives for your organization can be a time-consuming and challenging undertaking — but it's also one that can generate significant benefits. Businesses that understand what is available and the requirements for qualification can obtain significant operational and fiscal benefits. The Deloitte network gives you access to Global Investment and Innovation Incentives (Gi3) practitioners who are ready to provide support around the world. Our world-class capabilities help you pursue the right by developing and executing an effective incentives strategy for your needs.
To take advantage of the grants, tax credits and incentives available to a business requires time and effort. Deloitte’s Gi3 team is highly experienced in the practicalities of preparing, negotiating and agreeing such applications from initial feasibility reviews to document submission, amendment confirmation and project reporting. Deloitte's knowledge and experience in this specialized area provides clients with the confidence of knowing that the incentives which can impact their cost of business have been considered and evaluated.
Deloitte Latvia Gi3 Team also provides professional consulting services relating state aid issues and does tax reviews. The Deloitte Latvia Gi3 unit is part of the European Grants & Incentives Network of Deloitte which comprises of over 150 professionals, active in most of the EU member-states as well as other countries all over the world.