We simplify the process of opening a branch office in Latvia and handle everything, allowing you to start operating quickly.
Latvia is popular for establishing branches as the country is well-positioned for company expansion between Northern and Eastern Europe, and the Baltic market is developing quickly. Foreign investment is encouraged in the country through financial incentives, and foreign investors are generally treated equally with local investors. The branch formation packages we offer provide all the necessary services, including bank account setup and VAT registration, to complete the formation process, allowing you to entrust everything to our capable hands.
To register a branch in Latvia, the following documentation and requirements must be fulfilled
A copy of the parent company’s Certificate of Incorporation
Memorandum & Articles of Association of the parent company
A Latvian branch representative – not required to be a Latvian resident
A registered office is an effective address for branch correspondence
A serviced office is a physical office space furnished with all the necessary business services and ready for immediate occupation
A copy of the parent company’s Certificate of Good Standing
The registered address of the Latvian office
The branch company is also required to submit monthly tax accounts to the State Revenue Service, and a financial report must be submitted every year.
A virtual office provides off-site communication facilities such as telephone, fax and mail forwarding
Yes. Foreign companies are permitted to establish branches in Latvia. The branch representative does not need to be a Latvian resident, making it a favorable jurisdiction for non-local investors.
You’ll need:
Yes. Branches must register for VAT with the State Revenue Service (SRS) if they meet the threshold or intend to engage in taxable activity. Monthly VAT return filing is required.
Latvian branches are required to:
Yes, a registered office address in Latvia is required. You can choose between:
We help you easily establish multiple branches by organising the entire process, allowing you to enjoy the benefits.
