Latvia Company Formation

Our Commitment

  • Latvia Company Formation in 3 days.
  • A very competitive price, in complete transparency.
  • Complete confidentiality.
  • A dedicated manager available for Latvia Company Formation
  • Your company with a bank account, including eBanking and credit card. Opening by correspondence.

Latvia Company Formation is ideal for:

  • Businessmen
  • Commerce over the Internet
  • Consultants / Counselors
  • Expatriates
  • Traders
  • Holding intellectual property rights
  • For the custody of real estate
  • For inheritance purposes

 

PRICE FOR LATVIA COMPANY FORMATION : £ 4090

BANK ACCOUNT FOR LATVIA COMPANY FORMATION: £ 1000

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.

Latvia Company main characteristics:

Governing corporate legislationLimited Liability Company
Corporate legislationThe Registrar of Enterprises is the governing authority and companies are regulated under the Commercial Law, Commercial Law of Latvia..
Information published relating to company officersUpon registration, all company officers name will appear in the business registry, available for public inspection. We can appoint nominee officers to avoid the client’s name appearing.
ConfidentialityLatvia offers a high level of anonymity and privacy.
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.
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 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.

General information on Latvia

Latvia lies in Northern Europe, on the Baltic Sea surrounded by Lithuania and Estonia. Latvia’s capital is Riga, home to museums and churches, notable wooden and art Noumea architecture. Latvia is a member of the United Nations, European Union (since 2004) , Council of Europe, NATO, OSCE, IMF, and WTO. Its sole official language is Latvian.

Latvia has a total area of 64,559 km2 and its population is just over 2 million (2.013).

The country has a long history as an international financial centre, in the heart of Europe, with one of the lowest taxation. The country is very stable – GDP per capital stands at 15,375$ as of 2014.