Articles - Page 2 of 3 - Company Registration in Latvia

Open Holding Company in Latvia

A holding company is a legal entity that does not engage in specific business or commercial activities but holds stock in other existing companies. It can be seen as a parent company with enough stock percentage to have voting rights in other corporations. This is a guide on how to open a holding company in…

Liaison Office in Latvia

A liaison office in Latvia, also called a representative office, is a manner in which a foreign company can establish a channel of communication or representation between its main offices located in another country and the business parties and/or clients in Latvia. With the help of our company formation agents in…

GDPR Legislation in Latvia

The General Data Protection Regulation is an EU law that is applicable in all member states starting with May 2018. The main purpose of this unifying law is to provide the same conditions for the protection of personal data at a European Union level. All companies in Latvia will have to comply…

Company Formation in Riga

Riga is Latvia’s capital, it’s cultural and business center. It is one of the key economic centers in the Baltic region and the Riga Port is one of the largest in the area, making the city ideal to base trade businesses. Company formation in Riga consists of a series of steps, all…

Accounting Services in Latvia

Businesses are bound to observing certain regulations for accounting, financial transparency and recordkeeping and our accountants in Latvia can help with these requirements. Our extensive experience in the Latvian business and commercial environment means that your company will benefit from professional and sector-specific services, tailored to the needs of your company according to…

Shelf Company in Latvia

A shelf company in Latvia is a legal entity that has been incorporated but has had no business activity. In a sense, as the name suggests, it has been "left on a shelf". Investors in Latvia can choose to purchase a company when they need to save the time required for the…

Double Tax Treaties in Latvia

Double tax treaties in Latvia allow for the reduction of the tax burden for individuals who derive their income from both Latvia and another county with which such a treaty is in place. Latvia has signed almost seventy such treaties and foreign companies can have certain tax benefits when obtaining income…

Establish a Branch in Latvia

A branch is an extension of the parent company abroad that performs the same business activities and functions under the same name. It is a common manner of expanding a business to another market because of the lower costs compared to opening a new legal entity in a country. Our team of company…

Establish a Subsidiary in Latvia

Foreign investors can open a subsidiary in Latvia under the form of a limited liability company (LLC). A subsidiary is an entity that is regulated by a parent company. This structure offers a set of advantages when compared to the other typical forms of business organizations. Our team of company formation…

Virtual Office in Latvia

The virtual office is a physical address for the business, complete with selected office services, as needed but without the usual costs needed for renting a permanent office space and providing for the same office services. The virtual office in Latvia is an alternative way of setting up a location for…