Business tasks that can be solved by forming a company in Latvia:
You approve your signature on the company registration documents at a notary in your country and send the documents to us by mail. We arrange for translation of these documents and submit them to the Latvian Enterprise Register. Afther the comany regisration you open a bank account in your country`s bank or in a Latvian bank. (Remote opening of a bank account in Latvian bank is possible not in all countries.)
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. We will e-mail you the company incorporation decision that you need to sign and mail to us. At the same time we will apply for opening of the bank account. It may take the bank up to 10 business days to complete all their client acceptance formalities, but usually they do it faster. After we receive the company incorporation decision we will open a temporary bank account and you will pay in the share capital. Then we will e-mail you the rest of company incorporation documents. You will need to approve your signature on the company incorporation documents at a notary in your country and mail them back to us. When we receive the company incorporation documents, we will submit the to the Latvian Enterprise Register that will take the decision on company incorporation in 5 business days.
It is possible to register a company in Latvia faster. In this case you will need to visit Riga for 1 day in order to sign company reigstration documents and open the bank account.
We will e-mail you all company incorporation documents and you will approve your signature at a notary in your country and mail them back to us. You will need to meet with a bank representative in your country in order to open the bank account. This option is available only in countries, where Latvian banks have their representative offieces or agents.
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 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: