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Access to Justice for Business and Inclusive Growth in Latvia

image of Access to Justice for Business and Inclusive Growth in Latvia

Like many OECD countries, Latvia is taking an innovative, user-centred approach to improving legal and justice services by strengthening the judicial sector and law enforcement authorities This report reviews the commercial, legal and regulatory framework in Latvia, highlighting its impact on businesses and its suitability for different forms of commercial activity. It analyses business’ legal and justice needs, and evaluates the accessibility and responsiveness of public services for business, including dispute resolution mechanisms. Finally, the report provides recommendations to help Latvia better tailor justice services to the needs of business and thus support more inclusive growth.

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Methodology

The measurement conducted by the OECD and presented in this report (see Chapter 3) refers to costs borne by entrepreneurs and businesses in Latvia when complying with requirements and obligations that are contained in legal instruments, such as the Commercial Law. In particular, the purpose of the quantification exercise was to measure exclusively the administrative burdens imposed on businesses by the selected formalities mentioned above. Accordingly, the measurement does not provide evidence of other types of compliance costs borne by private entities, nor of the costs that affect the public authorities involved in the formalities. For insights on the cost typology, see OECD (2014), OECD Regulatory Compliance Cost Assessment Guidance, OECD Publishing, Paris, http://dx.doi.org/10.1787/9789264209657-en.

English

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