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
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.
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.
