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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
25-Feb-2015
fantastic, good accurate and fast, italian service excellent :-) Thks
24-Feb-2015
This is the second time I have used SFM and despite the first time did not end to be a positive experience I immediately perceived the potentiality of the organization. And in fact this time they really made all the possible effort to make it happen and I had to admit with satisfaction the staff really behaved professionally and sharply. Their worldwide presence facilitates greatly the job compared to other organizations which require to use sub-suppliers jeopardizing and putting at risk the process.
For sure I would recommend SFM and I will recommend SFM to all the people in need of this kind of services. I cannot talk for the whole staff in SFM but for sure the officers and personnel managed my dossier really matched my expectations. Good Job!
23-Feb-2015
obrigado SFM . muito bom serviço
17-Feb-2015
Rapidité, efficacité et compétence... ce sont trois mots qui pourraient résumer la qualité du service fourni par SFM. Fini les démarches administratives longues et fastidieuses. Merci pour tout.
10-Feb-2015
the agent Zehra fattah who took care of me was absolutely wonderfull , she gave me all the support to open the company.

I have nothing bad to say about her service .

Thank you Zehra
13-Jan-2015
this was my only experience with opening an offshore company so i cannot compare it with anything else. in general im satisfied and the job got done rather smoothly despite my delays in providing the needed documents due mainly to the difficult bureaucracy in the country where i do business.
i always got fast answers to my questions, but they were not always so clear,so i would suggest is that the personnel in charge of communicate with the customers would speak more down-to-earth and less technical terminology when dealing with customers. sometimes it was hard to understand what i was asked to do and which documents i was asked to submit, as i sell diving for a living and have no corporate experience.
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