If you are a company or a business association that operates in Latvia and wants to improve investment climate in the country

join us!
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BENEFITS OF Membership

Corporate value

Get access to a network of best professionals in the priority areas of FICIL

Influence the government and drive a positive change in the country   

Participate in meetings with the Prime Minister and other high-level policymakers

Get policy-related support, gain insights into the policymaking processes

Strengthen your company’s reputation and accelerate your personal/professional development

Be part of a prestigious business community, share ideas and grow together

Personal value

Expand understanding of policy-related processes and challenges of the foreign investors

Public endorsement and support through communication activities

Limited consulting – ideas / solutions on how to address challenges

Matchmaking with a relevant policymaker / stakeholder

Personal learning and development by contributing to a work group and / or being a FICIL Board member

Membership Criteria 

Business enterprises Associate Members

To be considered for membership a company should:

  • Be a legal entity of good standing, not involved in any activities considered detrimental by the FICIL Executive Board. 
  • Have invested at least EUR 1 000 000 in Latvia or provide professional services billed annually at EUR 1 000 000 within Latvia.
  • Have at least 25% of fixed capital owned by foreign entity(ies) or individual(s). 
  • Not be a monopoly, or more than 50% owned by Latvian national or municipal government. 
  • Have active operations in Latvia. 
  • Observe transparency and good corporate governance in its operations. 
  • Commit to active participation by its senior management in FICIL’s work. 


To be considered for membership, the prospective associated members should be duly organized non-government business associations representing significant international investment groups in Latvia. The FICIL’s associated members are entitled to exercise the  same rights as members. 

Membership FEES 

There is a EUR 1500 admission fee (one-time payment) and annual dues of EUR 4300 payable in advance for Corporate members.

Associate members’ fees ranges between EUR 180 and 300.

ADMISSION PROCEDURe

Step 1: Fill out the FICIL membership application form

Step 2: You will then be invited to a meeting with the FICIL Board to present your company/business association and outline motivation for joining FICIL. FICIL Board reserves the right to reject any applicant, whose current or past activities, in the Board’s judgement, in any way bring discredit or disrepute to FICIL’s reputation

Step 3: Present your company to the FICIL members. All existing FICIL members vote on company membership. Decision is made, based on majority of votes.

WELCOME TO FICIL!