We help you set up your company in Latvia quickly and easily, providing expert formation services at every step.
We help you set up your company in Latvia quickly and easily, providing expert formation services at every step.
The most common and flexible option, ideal for small to medium-sized businesses.
Perfect for foreign companies wishing to establish a presence in Latvia without creating a separate legal entity.
A non-commercial setup ideal for market research or business promotion in Latvia.
Suitable for larger enterprises, particularly those planning to raise capital through a public offering.
A step-by-step guide with 8 simple stages to launch your business.
Book a free consultation with our experts to get complete guidance every step of the way.
Yes, both EU and non-EU nationals can open a company in Latvia. Foreigners can own 100% of the shares and act as directors. We assist with the remote setup, including documentation, registration, and obtaining a legal address.
The most popular legal form is the SIA (Sabiedrība ar Ierobežotu Atbildību), a private limited liability company. It offers limited liability and flexibility for small to medium-sized businesses. The minimum share capital is just €2,800, though micro companies can start with even less under specific conditions.
A registered office address in Latvia is mandatory, but you don’t need a physical office space. Many startups and foreign-owned companies use virtual office services, which we can provide as part of your formation package.
Company registration in Latvia usually takes 3 to 7 working days, depending on the completeness of the submitted documents. We handle the process efficiently, including notary and language support when needed.
Latvian companies are taxed on distributed profits at a rate of 20%. Retained profits are tax-exempt, which encourages reinvestment. VAT (21%) applies to eligible businesses, and we help with all necessary tax registrations and accountancy services.
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