{"id":128,"date":"2023-04-27T10:10:58","date_gmt":"2023-04-27T10:10:58","guid":{"rendered":"https:\/\/companyformationlatvia.com\/?p=128"},"modified":"2024-02-21T15:04:45","modified_gmt":"2024-02-21T15:04:45","slug":"liaison-office-in-latvia","status":"publish","type":"post","link":"https:\/\/companyformationlatvia.com\/liaison-office-in-latvia\/","title":{"rendered":"Liaison Office in Latvia"},"content":{"rendered":"\n

A\u00a0liaison office in Latvia<\/strong>, 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 Latvia<\/a><\/strong>, you can easily set up such an office. Also, you should note that a liaison office cannot engage in commercial or business activities and cannot derive profit from Latvia but it can represent a convenient first step for those who are looking to\u00a0open a company in Latvia<\/strong><\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
 Quick Facts<\/th>\n <\/th>\n<\/tr>\n<\/thead>\n
 The purpose of a liaison office in Latvia<\/td>\n\n

 – for promoting and advertising the activities of a foreign company in Latvia,<\/p>\n

– for contracting potential local partners and collaborators<\/p>\n<\/td>\n<\/tr>\n

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 How is the liaison office also known in Latvia?<\/p>\n<\/td>\n

Representative office <\/td>\n<\/tr>\n
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 How can a representative office be registered in Latvia?<\/p>\n<\/td>\n

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The company’s Articles of Association are solicited as well as other important documents.<\/p>\n

Information about the company directors and liaison office is needed.<\/p>\n<\/td>\n<\/tr>\n

 Can a liaison office in Latvia have commercial activities? (YES\/NO)<\/td>\nNO <\/td>\n<\/tr>\n
 Contracting potential clients and partners (YES\/NO)<\/td>\n\n

YES <\/p>\n<\/td>\n<\/tr>\n

Local agent required (YES\/NO) <\/td>\n\n

YES <\/p>\n<\/td>\n<\/tr>\n

 Attributes of a liaison officer<\/td>\n\n

– can promote the activities of the foreign company,<\/p>\n

– can get in contact with potential local partners or clients,<\/p>\n

– can develop market reseach.<\/p>\n

Should develop constant communication with the parent company. <\/p>\n<\/td>\n<\/tr>\n

 Bank account for a liaison office in Latvia<\/td>\n\n

 Recommended for the expenses of the representative office in Latvia<\/p>\n<\/td>\n<\/tr>\n

 Allowed to invoice local customers<\/td>\n\n

Not available <\/p>\n<\/td>\n<\/tr>\n

 The institution that authorizes the liaison office in Latvia<\/td>\n Latvian Trade Register<\/td>\n<\/tr>\n
 Authorized resolution<\/td>\n\n

Issued by the parent company when incorporation of a liaison office in Latvia commences <\/p>\n<\/td>\n<\/tr>\n

 Travel requirements <\/td>\n\n

Not mandatory, but recommended <\/p>\n<\/td>\n<\/tr>\n

Business advertising through a liaison office in Latvia<\/td>\n\n

The products, services, and activities of a foreign company can be advertised in Latvia through a liaison office. <\/p>\n<\/td>\n<\/tr>\n

 Time frame for opening a liaison office in Latvia<\/td>\n\n

A few days or months, depending on the formalities and local procedures <\/p>\n<\/td>\n<\/tr>\n

 Why choose our company formation agents in Latvia?<\/td>\n\n

We can offer:<\/p>\n

– assistance in preparing the documents for opening a liaison office in Latvia,<\/p>\n

– support and representation with the relevant registration authorities,<\/p>\n

– and complete services at affordable prices. <\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n

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