Establish your Latvian company with coordinated support for structure selection, incorporation documents, registered-office arrangements and ongoing corporate administration.
Latvia offers an EU and euro-area business base. A limited liability company (SIA) is a common structure for privately owned businesses and subsidiaries. Plan the company around its activities, ownership, management and practical operating needs.
A standard SIA can be established by individual or corporate founders, including foreign owners. It has a management board. Founder eligibility, regulated activities and any investment-screening requirements need separate review.
A standard SIA requires at least EUR 2,800 in share capital. A reduced-capital SIA is available subject to additional rules, including individual-only ownership and restrictions on membership and board appointments. Capital is separate from formation fees.
The company needs a registered address in Latvia and appropriate management-board appointments. Prepare the founding documents, ownership information and capital evidence for the Enterprise Register. Foreign documents may require translations and certification.
Latvian corporate tax is generally deferred until profits are distributed or deemed distributed. The standard calculation is 20/80 of the net taxable amount. From 2026, qualifying companies owned only by individuals may elect a 15/85 dividend regime with 6% personal income tax withheld. Eligibility and cross-border tax treatment need individual review. Accounting and annual reporting remain required.
We confirm the checklist for shareholders, beneficial owners and board members, together with the registered address, capital and the appropriate registration route.
Please do not send identity documents by regular email. BRIS GROUP will provide instructions for submitting the required documents securely. Foreign corporate documents may require notarisation and attestation.
BRIS GROUP is supervised by HMRC for anti-money laundering purposes (registration number XRML00000101312) and is registered with the UK Information Commissioner’s Office (ICO). Client onboarding includes identity verification and due diligence.
We coordinate the agreed formation work and local professional support. Timing depends on document readiness, signature formalities, capital arrangements, registry processing and separate bank onboarding.
Confirm the activities, owners, board, address and standard or reduced-capital structure.
Complete due diligence and arrange the founding documents, signatures and required translations.
Coordinate capital formalities and the Enterprise Register application.
Arrange agreed banking, accounting, VAT, payroll and other required operational registrations.
Your personalised quotation confirms the Latvian company structure, required services and separately priced professional or authority charges.
Company formation support and registration coordination. The quotation identifies the agreed documents, registry charges, local professional work, registered-office arrangements and translations.
Annual corporate maintenance according to the agreed scope. Accounting, annual accounts, tax returns, registered-office arrangements and other professional services are specified separately.
Fees depend on the company requirements and selected services. Share capital and any separately quoted services are confirmed in your quotation.
Request a Personalised Quote →Watch our Latvia company formation introduction and explore the Client Guide before planning your business setup.
Explore the main considerations for forming and maintaining your Latvian limited liability company:
Foreign individuals and corporate founders can generally own a standard SIA in full, including a single-shareholder company. Eligibility, regulated activities and due diligence must be checked. Reduced-capital companies have additional ownership restrictions.
A standard SIA requires at least EUR 2,800 in share capital. Capital contributions and supporting evidence must meet the registration rules. Share capital is separate from professional fees and registry charges.
The reduced-capital route is subject to specific conditions: founders and shareholders must be individuals, with a maximum of five, and board members must be shareholders. Additional membership, reserve and capital rules apply. It is not interchangeable with a standard SIA for every investor.
Yes. The SIA must have a registered address in Latvia and meet the requirements for its lawful use and receipt of official correspondence. Management and activity-specific requirements must also be reviewed.
Corporate tax on business profit is generally deferred, but deemed distributions and specified non-business expenses can trigger tax. The standard calculation is 20/80 of the net taxable amount. A conditional alternative dividend regime is available from 2026. VAT, payroll and obligations arising in other countries must be assessed separately.
Maintain accounting and corporate records, prepare annual accounts and complete applicable tax and company reporting. Keep registered-address, management and beneficial-ownership information current. VAT, payroll, audit and review requirements depend on the company and statutory rules. Incorporation does not guarantee banking or residence rights.
Explore our European jurisdiction pages and company formation services when planning your next step.
Explore our European jurisdictions and the available company formation options.
Explore Europe →Review our East European destinations before choosing your company location.
Explore East Europe →Learn about our registration, documentation and ongoing corporate support.
Explore Services →Tell us about your proposed activities, founders and the support you need. We will review your Latvian company setup and prepare a personalised quotation.
Contact BRIS GROUP →General information only, not legal or tax advice. Requirements, tax treatment, approvals and service availability depend on the circumstances of each case.
