Business tasks that can be solved by forming a company in Latvia:
You visit Riga for one business day in order to sign regisration documents and pay in share capital to a temporary bank account of your company to be registered.
After you provide us all information required and pay for the company registration, it will take us 2 business days to prepare the registration document package and arrange visit to a notary. You will sign documents for the company registration in Latvia and pay in share capital to the temporary bank account. The company will be registered in the Latvian Enterprise Register on the 5th day after submission of the documents. Therefore, in total the registration process will take 7 business days.
It is possible to register a company in Latvia in 4 business days. In this case we will need to get from you all required information and payment for registration promptly, to be able to arrange everything for submission on the next day. Urgent registration will cost more due to higher state duties and our fees.
You will need to visit Riga only for one day. You will sign company incorporation documents at a notary, pay in share capital and visit bank in order to pay in share capital, identify yourself and fill in bank questionnaire. After the company will be registered we will submit to the bank documents necessary for activation of the bank account.
Therefore, you can do all actions required from you in one day and leave Riga the same day.
If you live in a city where a Latvia bank has its branch or representative office, it is possible also to complete all formalities with the bank in your city. In this case you will be able to open a company without visiting Latvia.
You will know the number of the company's bank account on the first day, when you pay in the share capital. From that day you can provide the company's requisites to your business partners and receive money on the account. You will be able to access the money on the account after the company is registered and you activate the account by visiting the bank.
Residents of LatviaPrivate person
Residents of LatviaLegal person
Non-residents of Latvia
The prices above include VAT 21% where applicable. VAT is not applicable for non-residents legal persons. You will be able to recover the VAT if your company will be registered as VAT payer.
The following information is required for company registration in Latvia: