Company registration in Latvia

Do you want to register a company in Latvia? Legal Baltic professionals will helps you register a Latvian company and advises you on the necessary operations. We can register a company in Latvia without client’s coming to Latvia. The only task for the client is just to use his imagination and create a name for his company. We also offer you an opportunity to purchase a Latvian company that is already established.

A company usually is purchased by persons who already have business in their country. Thus, it is a good idea to register a company under the same name for doing business in Latvia and developing business globally as well.

It is important to know that the name may not be the same as the name of another company or trademark in Latvia. That is why we are here to help resolving all issues and problems. The procedure of registration of a new company in Latvia is the same as the procedure of purchase of an established company, but it may take a bit more time.
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Private Limited Company (S.I.A)

Opening the most popular form of business, the Latvian limited liability company (S.I.A) is advisable for small and medium business and requires a minimum share capital of 3090 EUR. At least one shareholder and one director are necessary in order to run the Latvian S.I.A.

The main advantage of the S.I.A is that the personal assets of the members are protected in case of liquidation since the liability of them is limited by their contribution to the capital. The management of the Latvian limited liability companies is assured by the general meeting of the shareholders which will take all the major decision in the company and will appoint a director to represent the entity daily.

Joint stock company (A.S)

The Latvian joint stock companies, or the Latvian A.S is a form of business especially designed for large businesses and require a minimum share capital of 35,572 EUR.

Just like in the case of the limited liability companies, the members have their liability limited by their contribution to the capital. The management of the Latvian A.S is similar with the one of the limited liability companies but the daily decisions are taken by a board of directors appointed by it.

Which legal form to choose in Latvia?

According to Legal Baltic experience, the most popular type of business in Latvia is a limited liability company (SIA). Legal Baltic experts will help to set up business or open a branch or representative office in Latvia. Our lawyers will assist you in preparation of incorporation documents and represent your interests in the competent state authorities.

How to Register a New Company in Latvia?

In order to register a new company in Latvia, you do not need to come to our office. You just need to send us your personal and contact information (including copy of your passport, current living place address, phone number and email address) to info@legalbaltic.com, and then our representative will contact you and specify what you should do next.

For Your convenience, after registration process will be completed all the necessary company documents, records and stamp will be at your hands within a month at the latest. The practice shows that this process normally takes 2-3 weeks. If you want to shorten the process time – please come to our office and pick up the company’s documents on the same day.

We will provide you full support for your company in Latvia, taking into account all your individual requirements. Company Formation is provided under the contract in compliance with the laws of Latvia. If you do not have an appropriate visa – we will make a business invitation for a Latvian visa.

We value the time of our clients. For this reason we take over all the obligations related with Company registration in Latvia so that the clients can concentrate on making their business instead of paperwork – leave it to us.

Do you need free consultation? Feel free to Contact with us
Just Think About Company Name! The rest is with us

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