Registration of companies in Latvia and other countries
Registration procedure
- Preparation of documents
- Decision on registration, charter, forms submitted to the Register of Enterprises, list of shareholders, landlord’s consent for legal address provision
- Opening a temporary bank account, depositing authorized capital, certificate from bank on the contributed authorized capital
- Submission of documents to the Register of Enterprises, electronically or by mail
- Obtaining a decision of the Register of Enterprises on registration of a company
- Connecting to the Electronic Declaration System of the State Revenue Service
- Re-registration of a temporary bank account into a permanent account
- VAT registration if required.
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Why Latvia
Latvian banks carefully study non-resident owners and their businesses, and are ready to work with risk-free clients, who intend to invest in the country’s economy by opening a transparent business with an office and employees.
- EU country with transparent businesses, internationally oriented, free access to the European market
- Minimum bureaucracy
- Convenient junction of transport interchanges for cargo and passenger flows - seaports, airports, railways, roads, logistics centers, customs warehouses.
- International treaties on the Protection of Foreign Investments and on the Avoidance of Double Taxation signed with more than 43 countries
- Developed electronic document management system
- Ability to attract employees from other countries
- Favorable business environment
- Availability of special economic zones with tax incentives
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