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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
23-Jul-2015
Once initiated, the procedure proved easy and the person in charge did ensure a very satisfactory follow-up.

We will undoubtedly use again and recommend the services of SFM Corporate .

Special thanks to Karen Simon who handled the whole project.
22-Jul-2015
Very good service with professional people helping along the way. I would recommend SMF to anyone wanting to open a company.
09-Jul-2015
AAA+ good communication & very helpfull
After compare btw other companies i found best prices here
Sure will repeat
Thankss
09-Jul-2015
From when I first started dealing with Rita at SFM I knew that she had both mine and my companies best interests at heart.

Every step and every question in every instance was attended to with the utmost professionalism.

I would certainly recommend SFM and imparticular Rita, she is great!
06-Jul-2015
Great service
29-Jun-2015
Mit der Kontoeröffnung ging etwas langsamer als wir anfangs geacht hätten, aber dies ist nicht ungewöhnlich mit den neuen Bankvorschiften. Unser Account manager had sich so viel Mühe gegeben, und am Ende lief alles glatt.
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