General information about company formation in Latvia:

  • Benefits
  • Key regulatory conditions
  • Main legal types of companies
  • Requirements to share capital
  • Key information on taxes

Business tasks that can be solved by forming a company in Latvia:

  • Legally optimise taxes
  • Protect intangible assets
  • Facilitate trade with European and international clients
  • Serve as a holding company
  • Hold real estate and movable assets
  • Obrain residence permit in Latvia

State duties for company registration in Latvia

State duties for company registration in Latvia consist of state duty for company registration itself and payment for mandatory publication in the Latvian official newspaper “Latvijas Vestnesis”.

State duties for compay registration, EUR

Company type State duty Payment for publication in
“Latvijas Vestnesis”
Total expenses
Limited liability company (SIA) 150.00 27.03 177.03
SIA with small share capital   20.00 14.23   34.23
Branch   30.00 18.50   48.50
Individual commersant   30.00 18.50   48.50

Expense amounts have last been updated on 28 december 2016.


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