The financing of creative activities has substantially improved since 1998, when the Culture Capital Foundation was established (see chapter 1.2.2).
Members of the creative industries are entitled to receive a certain share of their royalties resulting from the creation, publishing, performance or other artistic activities tax-free; the share of which varies depending on the artwork.
The Law on the Status of Creative Persons and Professional Creative Organisations was adopted in 2017 (into force from 2018). The aim of the law is to provide support to creative persons who due to the specific employment nature do not receive regular income or are experiencing temporary loss of capacity to work (long-term unemployment or illness). Assistance is provided directly to so-called freelance artists or creative persons who are not employed by an employer, but receive a payment on the basis of the author contract. The law will be applicable to about 4000 persons in 28 creative organisations. Support is administered by the Council of the Creative Unions of Latvia in cooperation with the State Culture Capital Foundation. (See chapter 4.1.3 on social security frameworks.)