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Opening a company in Latvia

Opening a company in Latvia

Registration of an international company and opening of a bank account in Latvia with payment only after prior approval of the bank. Fast and easy.

Jurisdiction Advantages

The opportunity to obtain a certificate of tax residence of the company
Low cost of company administration
The tax burden is lower than the average for Eastern Europe and Scandinavia
A wide network of double taxation treaties
It is possible to obtain a residence permit based on an existing business
No need to apostill documents upon presentation to various official institutions of Ukraine and Russia

Taxation in Latvia picture description

Taxation in Latvia

— Tax on retained earnings: 0%
— When distributing profits, the tax on dividends is 20%

Director

The minimum number of directors is 1. It is recommended to involve an individual resident of Latvia as a director.
Authorized capital

Most organizations in Latvia are LLC companies. The authorized capital is determined for this form - 2,800 EUR. On an individual basis, you can agree on the authorized capital for both micro-companies - from 1 EUR.
The shareholder

There are no requirements.

tariffs

COMPANY REGISTRATION

LTD registration in Latvia:
- Submission of documents for remote company registration
- Payment of mandatory state duties
- Legal address - 1 year
from 3,065 €
Accounting services

Accounting services per month (up to 25 transactions)
from 130 €/month