open a company in Latvia Archives - Company Registration in Latvia

Open a Foundation in Latvia

Establishing a foundation in Latvia is a relatively straightforward process, and the costs involved are generally lower than in other jurisdictions. But it is still recommended to get the help of experts while setting up a foundation in Latvia in order to avoid making mistakes because you don’t know well…

Open a Cryptocurrency Company in Latvia

If you want to open a cryptocurrency company in Latvia, it is advised to get local assistance in this regard. In this country, the issuance and usage of cryptocurrencies are unregulated and unlinked to any national currency. Furthermore, cryptocurrency cannot be deemed an official currency in Latvia. Our company incorporation specialists will not…

Open a Bank Account in Latvia

One of the first recommended steps to complete when moving to Latvia is to open a bank account. With numerous options in terms of banks and financial services, setting up an account today is quite easy. If you have recently moved or started a business and want to open a bank account in…

Tax Minimization in Latvia

Tax minimization in Latvia, sometimes referred to as tax optimization, encompasses a set of lawful practices aiming to reduce the overall tax burden for a company. An important distinction is made between tax minimization and tax evasion as the latter is an illegal practice that is based on avoiding the…

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

The liaison office in Latvia, sometimes called the 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. The liaison office cannot engage in commercial or business…

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…

Company Registration in Latvia

Our agents specialize in company formation in Latvia and have an extensive experience in working with both local and foreign investors for business projects in all of the major industries in the country. Quick Facts Types of companies Limited Liability Company Joint Stock Company Branch Sole proprietorship Partnership Minimum share capital for…