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Registration of a company in Latvia
*not included documents delivery
Short Brief
Any company incorporated in Latvia is taxed based on residency. Non-resident companies are only taxed on their Latvian income and foreign corporations can also benefit from reduced tax rates according to the provisions of a double tax treaty if such an agreement exists between their country of residence and Latvia.
Price: 2100 Euro + 100 Euro delivery fee
Registration of a company in Latvia service included in the price:
Registration remotely, by special power of attorney, all state fees and registered office for one year included in the price. Bookkeeping 250 Euro per month
Taxation will be as follows:
- Value added tax (VAT) – 21%
- Corporate income tax – 0%
- Dividend tax – 20% (only if distributed, which is not required)
Bookkeeping
depending on the turnover
Details for Registration of a company in Latvia
- Annual renewal of the company - 1800€
- Notarization of Power of Attorney for registering a company remotely - yes
- Termination – Around 2 weeks
Required documents for Registration of a company in Latvia
From the documents you will need:
- a scanned copy of passport certified and translated into English for the Director
- utility bill (not older than 3 months), also certified and translated into English
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