Establish your Latvia branch swiftly with us

We simplify the process of opening a branch in Latvia and handle everything, allowing you to start operating quickly.  

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Expand into Latvia

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. 

Formalities and Accounting Requirements for Establishing a Latvia Branch

To register a branch in Latvia, the following documentation and requirements must be fulfilled:

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Open a branch now?

1

A copy of the parent company’s Certificate of Incorporation 

3

Memorandum & Articles of Association of the parent company 

5

A Latvian branch representative – not required to be a Latvian resident 

7

A registered office is an effective address for branch correspondence 

9

A serviced office is a physical office space furnished with all the necessary business services and ready for immediate occupation 

2

A copy of the parent company’s Certificate of Good Standing 

4

The registered address of the Latvian office 

6

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. 

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A virtual office provides off-site communication facilities such as telephone, fax and mail forwarding 

Whatever You Need, We’ve Got You Covered!

FAQs

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: 

  • A copy of the parent company’s Certificate of Incorporation 
  • Certificate of Good Standing 
  • Memorandum & Articles of Association 
  • Latvian office registered address 
    All documents must be notarised and translated into Latvian where applicable. 

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: 

  • Submit monthly tax accounts to the State Revenue Service 
  • File annual financial reports 
  • Maintain bookkeeping in accordance with Latvian laws and standards 

Yes, a registered office address in Latvia is required. You can choose between: 

  • Virtual Office: Includes communication tools like phone, fax, and mail forwarding 
  • Serviced Office: Fully equipped physical space ready for immediate use 
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Ready to Expand? 

We help you easily establish multiple branches by organising the entire process, allowing you to enjoy the benefits.