The research focused on analysis of smart work, its advantages and disadvantages. There are possible to find out benefits from smart work and also disadvantages of smart work for three main society groups – employers, employees and government. The goal of the research was to verify hypothesis, that introducing of smart work will promote economical development of municipalities in Latvia and that people in municipalities are ready to smart work. Research methods are analysis and synthesis, quantitative data analysis, comparison, graphical methods, survey. Analysis of economical development of Balvi municipality shows, that there are economical problems that can be solved by introducing of smart works. From survey of Balvi population it is possible to conclude, that people are ready to work smart and to do distant work in Smart Work Centers (SWC). Smart Work Centre will be real way how to increase development of Balvi municipality, it will provide new working places, decrease unemployment and help to maintain population in the municipality.