“The new regulatory framework for employee stock options will help transform our understanding of entrepreneurship and drive the development of new businesses. Our aim is to have the best regulatory framework in the region that will encourage the growth of new businesses competitive on an international scale. The framework will allow businesses to attract high-skilled employees in the long term. At the same time, it will help distribute capital among a broader population, raising their standard of living and letting them enjoy a share of the company's success," explained Reinis Znotiņš, Chair of the Information Technology and Innovative Entrepreneurship Subcommittee of the Sustainable Development Committee of the Saeima.

On Thursday, 17 December, the Saeima adopted in the final reading amendments to the Law on Elections of the Republic City Council and Municipality Council, allowing voters abroad to participate in municipal elections by post. 

On Wednesday, 2 December, the Saeima adopted in the final reading the Law on the State Budget for 2021 and the Law on the Medium-Term Budget Framework for 2021, 2022 and 2023.

On Monday, 30 November, the Saeima adopted in the final reading amendments to the Law on the Vehicle Operation Tax and Company Car Tax, which propose calculating the tax for goods vehicles according to the amount of carbon dioxide generated by the engine of the vehicle. The amendments are introduced as a part of the legislative package related to the state budget for 2021.

On Friday, 27 November, the Saeima adopted in the final reading amendments to the Law On State Social Insurance, stipulating that social contributions will decrease by one percentage point and a minimum amount of mandatory contributions will be set for people whose income is lower than the minimum wage in the country, both for the general tax arrangement and other arrangements. The amendments are introduced as a part of the legislative package related to the State Budget for 2021. 

On Thursday, 26 November, the Saeima adopted in the final reading amendments to the Micro-enterprise Tax Law, introducing changes to the micro-enterprise tax (MET) application procedure. The amendments are introduced as a part of the legislative package related to the state budget for 2021.     

On Monday, 23 November, the Saeima adopted in the final reading amendments to the Disability Law to improve access to assistant services for persons with disabilities, including children with severe functional limitations.

We live in a country with strong public safety, scenic nature, and healthy food. We can successfully accomplish work that has never been done before and come up with innovative solutions. We are creative, we strive for excellence, and we know how to change for the better. We have our freedom, and we have our own country.  We have our place in the sun, said Ināra Mūrniece, Speaker of the Saeima, at the ceremonial sitting of the Saeima in honour of the 102nd anniversary of the proclamation of the Republic of Latvia held on Wednesday, 18 November.