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Company Incorporation in Latvia

How to start a Latvian limited company. Incorporation or formation of a company in Latvia.

 

 

Process of incorporating a company in Latvia

letonia

There is need for a power of attorney, or you can appear before a notary.

The notary has to elaborate the statutes of the new company. At the same time, the social capital has to be deposited in a bank account.

Afterwards, the statutes must be registered with the Companies Registry.

Limited company: the SIA

The minimum social capital is approximately € 3000, that has to be deposited in an account.

There is only need for one manager.

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