Latvia Company Formations

We incorporate limited liability companies in more than 40 countries and our experience and relationship with the companies registry means we can incorporate a Sabiedrība ar ierobežotu atbildību (SIA), the equivalent to a LLC in Latvia, according to your specifications.

Benefits of a Latvia Company

  • Latvia offers convenient taxation for trading companies
  • We offer our clients a reliable company formation service in Latvia
  • It is not necessary to visit Latvia to complete your incorporation
  • Our companies incorporation system comply with the Latvia Companies Acts

Registration Information required

To incorporate a Latvia company the following is required for the company registrar:

  • Proposed Company Name
  • Brief Description of Company Activities
  • Shareholders Details
  • Company Directors Details
  • Latvia Registered Office Address
  • Memorandum of Association and Articles of Association - Which we draft for you.

Company Incorporation Documents

Once incorporated we provide a set of corporate documents for your Latvia company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association, first minutes and share certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.

Bank Account

Latvian companies are required to have a bank account in Latvia. The share capital needs to be deposited into a bank account before the incorporation process.

Share Capital

The minimum share capital requirement is €2,800. At least half to be paid up at the time of registration, the remaining part must be paid within one year from the company registration date.

Company Directors

Directors may be of any nationality. There is no requirement to appoint a Latvia resident director. The names of directors are filed at the companies registry

Company Shareholders

Shareholders may be of any nationality. There are no restrictions on foreign sharholders. Shareholders of the Latvia company can be either corporations or individuals.

Latvia Company Name

We check that your Latvia company name is acceptable and is not already incorporated with the Latvia Companies Registry. A name of a limited liability company must include words "Sabiedrība ar ierobežotu atbildību" or "SIA".

Registered Office

Your Latvian company must have a registered office, which must be a physical address in Latvia. The registered office is where documents may be legally served on the company. we provide this registered office service in Latvia.

Company Secretary

There is no legal obligation for a Latvian Sabiedrība ar ierobežotu atbildību to have a company secretary - we can provide this service if it is required.

Accounts

Accounts to be maintained in line with statutory requirements.

Latvia Fees to Incorporate
  • Company Formation - £850
  • Government Fees - (€170) £143
  • Registered Office Fee - £670
  • Company Secretary if required - £650
  • Bank Account set-up from - £525
Latvia Annual Maintenance Fees
  • Registered Office Fee - £670
  • Company Secretary if required - £650
  • Directors Register Maintenance - £120
Latvia Advantages
  • Time - 4 to 5 days to incorporate your company
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder are required
  • Share Capital - the share capital requirement is €2,800
  • Bank Account - A company bank account must be opened with a Latvian bank account
  • Registered Office - your company requires a registered office in Latvia, which we can provide
  • Travel - It is not necessary to visit Latvia to complete your incorporation
  • Support - using our 20 years experience we guide you throughout every step of the company formation process