Companies registration in Latvia

• The minimum registered share capital is LVL 2,000. (Euro 2850).
• The company is prohibited from offering its shares to the public
• The shareholders` undertaking is limited to the amount of the capital invested only.
• The company does not issue share certificates and registration of the shareholders is recorded in the "Shareholders Register".
• A director must be appointed for the company.
• A chairmen can be Latvian nonresidents.

Company`s Registration process in Latvia:

• Client need to send information of chairmen and share holders and company`s pontetial name;
• After all Registration documents are prepared, client need to come to Latvia;
• In Latvia client will open bank account and sign all Registration documents by the notary;
• After company is registred, client needs to come to Latvia to activise the compnay`s bank account.

Price list of Latvian companies registration:

• Prepared Registration documents and consultation - 500 EUR;
• Notary fee and State fees ~200 EUR
• Legal address for the first year 275 EUR (post office included);
• Accounting services starting from 50 EUR per month.

Mini-Office service for Latvian non-residents:

• Legal address for the company in Latvia;
• Accountancy service;
• Secretary service;
• Financial consultation;

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