What we can do for you

  • We do all paperwork on forming the company in Latvia
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Latvia Company Formation. Latvia Limited Liability Company Registration. Latvia LLC

Main Characteristics and the basic rules of Company registration in Latvia

Latvia Company Formation Financial Advantages
Taxation Yes 15% taxes
Double Taxation Treaty Access: Yes Treaty Access with some countries
Latvia Tax Information Exchange Agreements: Yes, Latvia signs Exchange Agreements
Account Filing Requirements: Yes accounting or reporting requirements
Annual Return Filing Requirements: Yes annual return/ reporting requirements
Audit Requirements: No audit required.
Latvia Company Formation Registration Requirements
Share Capital: Standard authorised share capital: LVL2,000 Minimum paid up share capital LVL1,000
Classes of Share Available for Latvia company formation: Registered shares and shares of no par value
Bearer Shares: Not Allowed
Registered Office Required: Yes, required and must be maintained in Latvia
Shareholders: Minimum number is one
Directors: Minimum number of directors for Latvia company formation is one. Can be any nationality and need not be resident in Latvia. Corporate directors are allowed.
Your Company language: Latvian
Name of your Company must be ended: LLC, SIA
Documents required for Latvia company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Latvia Company Formation Restrictions
For Latvia company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: No restrictions on trading
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Latvia Company Formation Confidentiality and Security
Publicly Accessible Records: Yes public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Extremely steady jurisdiction and highly regarded.
About Latvia Latvia Company Formation
Capital city: Riga
Region: A country on the Baltic Sea between Lithuania and Estonia
Political System: Parliamentary Democracy
Government: Parliamentary Republic
Governing corporate legislation: Commercial Code effective 1 January 2002
Type of Law: Civil
Currency: Latvian lats (LVL)
Exchange Control: None
Language of Legislation and Corporate Documents: Latvian
Time zone: GMT+2

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.