COMPANY IN LATVIA
The Latvian tax system is modeled after the Estonian system and serves as an excellent alternative for those seeking a liberal legal and tax framework.
A challenging legal and tax system in their home country drives many entrepreneurs to seek a more favorable environment for their business development. Registering a company in Latvia can be an excellent solution. Latvia operates a tax system modeled after Estonia's, making it one of the top locations for business registration.
Latvia is open to foreign investors and readily grants residency to individuals who establish a business in the country. A significant incentive for starting a company in Latvia is its very liberal legal and tax system, along with special economic zones designed for foreign investors. Currently, Latvia ranks 23rd in the "Doing Business" index and is recognized in tax freedom rankings as one of the best countries for taxation.
Call us to learn more about the company in Latvia
Call us to learn more about the company in Latvia
Setting up a company in Latvia with Thompson & Stein is quick and does not require your personal presence on-site. You can open a company in Latvia, along with completing all formalities, in as little as 14 days. You can establish a company in Latvia by granting power of attorney to the lawyers at Thompson & Stein, and our specialists will handle the entire process on your behalf.
In addition to registering a business in Latvia, it is also possible to conduct a transaction involving a ready-made company in Latvia. We offer ready-made companies in Latvia that have never conducted business, as well as those that have started operations. Clients undertaking investment projects in Latvia can also consider opening a branch in Latvia. Thompson & Stein provides support for registering a branch and representative office in Latvia. We have extensive experience in managing investment projects in Latvia.
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BENEFITS OF HAVING A COMPANY IN LATVIA
NO CORPORATE INCOME TAX
CIT paid only with dividends.
TRANSPARENT
tax system
READY-MADE COMPANIES:
Option to Purchase a Ready-Made Company
Manage Online:
The company can be managed 100% remotely.
60 Double Taxation
Avoidance agreements
LOW COSTS
of running a company
COMPANY IN LATVIA - WHO IS IT FOR?
A company in Latvia is an excellent solution for entrepreneurs seeking an innovative legal and tax system in a European Union member country, where the currency is the Euro. Companies in Latvia are most commonly chosen by representatives of industries such as:
- Tourism
- Agriculture
- Real Estate
- Logistics and Freight
- Construction
- Wood Industry
- Information Technology and New Technologies
Registering a branch in Latvia is often essential for fulfilling contracts within the country. A foreign company’s branch is registered in the local court register.
PROCEDURE FOR ESTABLISHING A COMPANY IN LATVIA
Duration: Up to 14 Days
NEW COMPANY
Registering a company in Latvia without the need for your physical presence on-site. You grant power of attorney to our lawyer, and we handle all formalities on your behalf. We provide comprehensive support for company registration in Latvia.
01
Sign a contract with us
02
Grant Power of Attorney for Representation in Latvia
03
We register the company according to your specifications (its name, area of activity, capital).
04
You receive a complete set of documents from us, including the company agreement, registration card, and confirmation of share acquisition.
Duration: Up to 30 Days
READY-MADE COMPANY
A ready-made company in Latvia without the need for your physical presence on-site. You can choose a company in Latvia with a history or a newly registered company in Latvia without any history. We provide comprehensive transaction support and assistance at every step.
01
Sign a contract with us
02
Select a Company from Our Available Offerings
03
Grant Power of Attorney for Representation in Latvia
04
We Facilitate Share Transfer, Management Changes, and Name Modifications
05
After the registration of changes, you will receive a complete set of company documents from us, including all corporate and registration paperwork
RANGE OF SERVICES FOR COMPANIES IN LATVIA
Thompson&Stein provides your company in Latvia with:
registering a new company or acquiring an existing one
a team of experienced Latvian accountants
our office is located in Riga, the capital of Latvia
under latvian law, only local residents have access to the electronic mailbox.
eceiving and scanning of incoming correspondence.
we assist with share transfers and any changes within the company.
we handle the entire process of vehicle acquisition, technical inspections, and car registration in Latvia remotely and comprehensively.
if required by the nature of your business, we assist in obtaining licenses and permits.
FIND OUT MORE
If you'd like to learn more, please send us the form. It will be forwarded to our customer support team, and we guarantee that we will respond to your inquiry within 24 hours (on business days).
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