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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
17-Jul-2018
Very pleasant to work with, very reactive and professional! I will for sure work with SFM again!
16-Jul-2018
It has been wonderful service, everything has flown so smoothly. both with the contact and quick response and payment method. I would like to thank Maria Egizia Gargini who has taken care of me, very professionally. now I have two companies at SFM and recommends you to my environment.

Have a beautiful day.
Best regards
16-Jul-2018
I have been very happy with the service. I have had a number of complex issues that I wanted solutions to, and the team has been responsive and extremely helpful in helping me find a solution that is effective and tailored to my needs. I have found the team to be professional, transparent and effective in all my dealings. A pleasure to work with them!
10-Jul-2018
Very kind and as fast as it is possible!
28-Jun-2018
Service in general has been excellent and timely, but advice on banking have not been sufficiently informed.
26-Jun-2018
It could be better if step-by-step procces was advised. That way it would really reduce time required for all, and alow customer to prepare all documents in advance.
but, all together, support from SFM and response was great.
Thank you.
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