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Latvia Company Registration

More Information
Steps to company formation - Latvia
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Banking Options

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Latvia Company
Good to Know
The most common form of a business presence in Latvia is a limited liability company [SIA]. There is no dividend taxes for residents of EU, and for non residents, dividends taxes are of 15% only.
Main Characteristics
Governing corporate legislation
Limited Liability Company
Corporate legislation
The Registrar of Enterprises is the governing authority and companies are regulated under the Commercial Law, Commercial Law of Latvia.
Information published relating to company officers
Upon registration, all company officers name will appear in the business registry, available for public inspection.
Accounting requirement
Yes
Taxation
Very Low taxation in Europe (15%). VAT Rate is 21%. Auditing is not mandatory
Legislation
Modern offshore legislation.
Standard currency
Euro
Time to form
Latvia has an efficient Registry : 3 days formation time.
Stability
Stable jurisdiction with very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT+1
Secretary required
No
Paid up capital requirement
No paid up capital requirement unless the shareholder is a corporate entity. The standard share capital is EUR 1,000 but can be amended to fit your requirements.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
A minimum of 1 director/shareholder suffice for incorporation.
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of the Company
A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a proof of domicile dated less than three months, a letter of reference from your bank (all in original) as well as a signed business plan and curriculum vitae.**






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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
09-Aug-2018
They always kept me noted for any development. They assisted me fully with any additional requirements I had or any questions that arouse during the whole process.
08-Aug-2018
I needed very quick response while my contact officer was on vacation and Ms. Alejandra Esmoris stepped in immediately and helped me. I am very, very satisfied with service that I had and Ms. Alejandra's quick and professional response.
02-Aug-2018
Ce service a été excellent à plusieurs égards.
Pour moi, la confiance est un élément fondamental et cela est le fruit d’un pari initial puis de signaux venant confirmer, ou pas, la pertinence d’un choix.
À chaque moment clé, Myriam a su envoyer ces signaux.
Au delà de la confiance, un rapport humain dans un contexte business est très important à mes yeux. Lors de nos échanges, j’ai à chaque fois pu voir à la fois la grande professionnelle au service du client mais aussi un être humain qui avait plusieurs dimensions de tête et de cœur. C’est important de ne pas être en face d’un robot !
De façon à être constructif, je ferai une ou deux remarques pour améliorer le service: lors de mon entretien téléphonique avec la banque j’aurai aimé recevoir avant un petit briefing pour le préparer au contenu de l’entretien et maximiser les chances de le réussir. Ensuite, j’aurais aimé être informé à l´avance qu’il y avait deux cartes de débit, une que la banque propose et une que SFM propose. Ceci m’aurai permi d’opter des le début pour la meilleure option.

Faire ce parcourt est une succession de prises d’informations et de prises de décisions. Ce qui a retardé le processus au début, c’est le temps et les efforts nécessaires à vérifier que SFM était une vraie société et non pas une arnaque. Cela a prit deux mois ! Mais une fois ceci accomplit, le reste de la procédure à toujours été facile et agréable, en particulier grâce au professionnalisme et à l’humamanite de Myriam, dont je loue et recommande l’excellence.

Bonne continuation !
24-Jul-2018
Excelente atendimento, equipe profissional e competente, deu todo o suporte e segurança para abertura da empresa de forma profissional. Parabéns a todos os envolvidos.
23-Jul-2018
Compétent
Rapide
Madame Farahoui excellente relationship
17-Jul-2018
Rapidité et efficacité du service.
Oui, Si besoin je ferai à nouveau appel aux services de SFM
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