Latvia Company Registration

Your Company in Latvia in 3 days.* Client confidentiality protection via secured systems. Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence. A dedicated manager available throughout the year.

How it works?

1. Complete our online form (3 minutes)

2. Upload your personal documents

4. Additional services such as bank account are processed.

3. Company gets registered

5. Receive your company documents by courier

Latvia Company

Good to Know

The most common form of a business presence in Latvia is a limited liability company [SIA]. There is no dividend taxes for residents of EU, and for non residents, dividends taxes are of 15% only.

Main Characteristics

Company type

Limited Liability Company

Corporate legislation

The Registrar of Enterprises is the governing authority and companies are regulated under the Commercial Law, Commercial Law of Latvia.

Information published relating to company officers

Upon registration, all company officers name will appear in the business registry, available for public inspection. We can appoint nominee officers to avoid the client’s name appearing.

Confidentiality

Latvia offers a high level of anonymity and privacy.

Accounting requirement

Yes

Taxation

Very Low taxation in Europe (15%). VAT Rate is 21%. Auditing is not mandatory

Legislation

Modern offshore legislation.

Standard currency

Euro

Time to form

Latvia has an efficient Registry : 3 days formation time.

Stability

Stable jurisdiction with a very good reputation.

Communication

Efficient communication means.

Time zone

Convenient world time zone: GMT-1

Secretary required

No

Paid up capital requirement

No paid up capital requirement unless the shareholder is a corporate entity.

Renewal Date

Anniversary date of the company / Each Year

Basis of legal System

Under Common Law.

Minimum directors/shareholders

A minimum of 1 director/shareholder suffice for incorporation.

Bearer shares

Bearer shares are not permitted.

Documents Required

for the Creation of the Company

A certified copy of your passport (or identity card), as well as proof of domicile dated less than three months.**

Latvia Company, ideal for:

Businessmen

Consultants / Counsellors​

Traders​​

For the custody of real estate​

Commerce over the Internet​

Expatriates

For inheritance purposes​

Holding intellectual property rights​

* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company. 

Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.