Are you searching for safe, trustable, independent and in mean time cheap IT services provider?
Ratio International provides a full support service with wide choice of IT developers and project management specialists in Latvia. The service includes company registration in Latvia, with bank account, office, recruitment and legislative arrangements.
Latvia is member of European Union and it has 15% corporate tax rate and 23% income tax rate.
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Advantages of Ratio-International IT outsourcing services:
- Optimized salaries, while staying in EU;
- Quality and Trust doesn’t change;
- High chances to obtain government and business orders;
- Tax optimization in EU;
- Business development options to new markets.
Compare IT outsourcing service options in Latvia and India:
| LATVIA (EU) | INDIA (ASIA) | |
|---|---|---|
| Tax policy | EU compliant Corporate Tax – 15 % |
Non-EU reliable Corporate Tax – 30 % |
| Salary cost optimization capabilities | Large Starting from 40% |
Large Starting from 85% |
| Average IT developer salary | Average gross 3500 EUR |
Average gross 600 EUR |
| Specialist market availability | High | High |
| Quality and trust level | High | Low |
| Communication barriers | Low Fluent English level |
Average Can speak in English |
| Time Zone | Friendly GMT +2 |
Afar GMT +5:30 |
| Time Zone | Friendly GMT +2 |
Afar GMT +5:30 |
| Work Safety | Complies with EU standards | Not specified |
| Business Risks | Low | High |
| IT Quality control options | High Highly qualified specialists |
Low Low qualification specialists |
| Classification options to participate in local government tenders | Yes | Partial |
Programming/ development service outsourcing in Latvia takes from 2 – 12 weeks:
1
Register the Company and open Bank Account .
2
Find suitable facilities for manufacturing and office.
3
Recruitment of required specialists.
4
Maintain accounting in accordance with the law.
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