Latvia Company Formation

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Company Formation and Related Services



Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Company Formation in Latvia F.A.Q

Company Formation Services in Latvia and details on how to incorporate a Latvian company, VAT registration, establish a bank account and setup of a virtual office in Latvia. We provide internationalized English speaking company registration service in Latvia.

  • Riga Company Formation in Latvia

    Company incorporation in Latvia is quick, simple and implies low costs. When establishing a company in Latvia, there are a few steps that must be followed in order to benefit from a quick incorporation process. Any person or legal entity, national or foreigner, can be a director or a shareholder in a Latvian company. The company is required to have a registered office (BridgeWest offers this type…

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Articles on Company Formation in Latvia

Types of Latvian Companies

Latvian law permits developing business on its territory on the same grounds, and following the same rules for Latvian merchants as well as for foreigners. The basics of the types of business entities, adopted by the Saeima (The Latvian Government) and written in The Commercial Law, are enlisted bel ...

Setting up a company in Latvia

The Latvian economy is mainly based on agriculture and textiles, steel and metallurgy and tourism is emerging as an important source of income due to the country's heritage, facts that have made Latvia an interesting place to invest also due to a market economy and exports that have shown in recent ...

Enterprise Register of the Republic of Latvia

The Enterprise Register of the Republic of Latvia (the Latvian Trade Register) is a state institution that regulates the entrance of new enterprises, or business companies, and also controls existing companies, holding information about headquarters, registered offices, managing members and sharehol ...

Open Company Branch or Subsidiary in Latvia

The state of Latvia encourages foreign investment, offering incentives for foreign investors as well as a great business environment. Entrepreneurs who wish to engage in commercial activities may incorporate a company or set up a branch of the foreign company on the territory of Latvia. A Latvian br ...

Shelf Company in Latvia

A well-known way to invest in Latvia is to start a business by setting up a new company. Even though many entrepreneurs choose to incorporate brand new companies, ensuring all their company's needs are met, the easiest and quickest way to start business is to acquire a shelf company. An "off-th ...

Paying Taxes in Latvia

1. What is the corporate tax in Latvia? The general corporate income tax rate for companies in Latvia is 15%. If you set up a micro company, you will benefit from a lower corporate tax rate of 9%. 2. What is the VAT in Latvia? The standard VAT rate in Latvia is 22%, with a reduced rate of 12% f ...

VAT in Latvia

1. What is the VAT in Latvia? VAT is charged in Latvia on all supplies of goods, intra-community acquisitions and imports. The standard VAT rate is 22% since 2011. A reduced rate of 12% applies to some goods and services. For instance, accommodation or newspapers benefit from this reduced VAT rate i ...

Company Liquidation in Latvia

BridgeWest handles company liquidation in Latvia. For more information, please contact us.  A Latvian company is considered liquidated only after it was deleted from the Latvian Register of Enterprises. The liquidation is approved during the general meeting or the decision belongs to the s ...

Open a Representative Office in Latvia

Are there any special requirements for creating a Latvian Representative Office? The representative offices open in Latvia have promotional character and are not allowed to perform any commercial activities. The foreign companies chose this type of representation because of the small administrative ...

Register a Non Profit Organization in Latvia

According to the Association and Foundation law in Latvia, the associations opened in this country are groups of people joined together under a purpose different from the one of making profit for them while the foundations are funds created by founders with the specific role of achieving specific pu ...

Nominee Director in Latvia

 The incorporation of a Latvian company begins with elaborating the articles of association, which contains the legal entity’s internal regulations. In these articles, besides the name of the company, its address, its capital, information regarding the shares and the shareholders, contain ...

Guide to Company Incorporation in Latvia

1. What is the minimum share capital for a Limited Liability Company in Latvia? In order to establish a SIA (Limited Liability Company) in Latvia, a minimum share capital of 2,000 LVL, about 3,000 EUR is required. 2. What is the minimum share capital for a Joint Stock Corporation in Latvia? When a ...

Set up a company in Latvia

In order to be a legal entity and to undertake business activities all companies must be registered with the Latvian Registry of Companies and also as taxpayers with the State Revenue. Preliminary activities before registering a Latvian Limited liability (LLC) and Latvian joint stock companies (JSC) ...