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Registration of a company in Latvia

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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