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61% of the economic environment of entrepreneurs is considered poor in Latvia, of which one in nine (13%) – very bad, but every second (48%) – rather bad, also the amount of taxes in pay 90% of public contractors consider excessive, more than half (54%), indicates that it is "very high," according to Business Turība index.
According to the survey, the most positive economic environment in Latvia is evaluated by small businesses, of which 38% are considered good, while among representatives of large enterprises, one in five (20%) considers that it is very bad.
According to the evaluation of the sectors represented by companies, we can conclude that the business environment is most appreciated by traders, of which 41% are favorable, but very good – 2%. Meanwhile, the most disadvantaged entrepreneurs are those whose economic environment is very poorly rated by 15%.
In turn, kurzeme entrepreneurs are interested in the business environment, of which 44% "The business climate is formed by various factors, such as tax policy and its predictability, the economic situation in the country, cooperation with the public sector, etc. Moreover, it is impossible to highlight one of them, because all aspects are equally important, "says Zane Driinke, Dean of the faculty of management of the Turība Turība School of Administration
. Latvia has "as much as you need", but 1% of respondents even admitted that it was too small. " Tax collection of entrepreneurs is likely to be influenced by tax reform because the investigations took place in March-April this year, "says Anna Medne, Associate Professor of Business Administration Faculty of Business Turiba
that the tax is "as much as you have need "- 13% and 14% respectively. When badessing individual tax rates, the property tax (NIN) is most often criticized – 47% of entrepreneurs surveyed believe that the current rate of NPV is quite high. On the other hand, 37% of entrepreneurs consider that social insurance contributions are very high, 29% say that the rate of value added tax (VAT) is very high and 27% believe that the capital gains tax rate is excessive.
"In my opinion, it is a sad reality that the amount of social insurance contributions is also criticized because, essentially, the social tax is the solution to demographic problems." The data show that this rate is the least criticized in Latgale.
The corporate index "Turibis" is a measure that reveals the badessment of Latvian entrepreneurs regarding the amount of taxes to be collected, the business environment, the aid of the company. State to export promotion, etc. prerequisites for successful business development. The index was created in collaboration with the research center "SKDS" in April this year, interviewing 750 Latvian businessmen and entrepreneurs. This is the first Turbiz Business Index.
