Tailored services to
set up your company in Latvia

From simple registration to full support, choose the package that fits your needs and your budget.

What we do for you

Every service is carried out by our local experts in Riga, in English.

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LLC (SIA) Formation

Official registration with the Latvian Enterprise Register (UR), articles of association, appointment of directors, registration number.

  • Timeframe: 3 to 5 business days
  • 100% online, no travel required
  • Minimum capital: €1
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Registered Address in Riga

Official registered office address in Riga, mandatory for every SIA. Receiving, scanning and forwarding of all your business mail.

  • Central Riga address
  • Scan & email forwarding
  • Guaranteed legal compliance
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Latvian VAT Number

Obtaining your VAT number from the Latvian tax authority (VID) to invoice across Europe. Registration threshold: €40,000.

  • Full file prepared for you
  • Followed through to approval
  • Intra-EU VAT activated
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Monthly Accounting

Monthly bookkeeping, Latvian tax filings, annual accounts and optimisation of the 0%/20% regime by our accounting team.

  • Dedicated accountant
  • Online financial dashboard
  • VID filings & annual report
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Bank Account Opening

Help opening a business bank account: Wise Business, Paysera, Revolut Business, or a traditional Latvian bank.

  • Solution suited to non-residents
  • European IBAN (Eurozone)
  • Up and running in 24-48h
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Local Representative in Latvia

Need a local point of contact in Latvia for admin or day-to-day matters? Our on-the-ground team handles your formalities.

  • Point of contact in Riga
  • Official mail management
  • Liaison with local authorities

Clear packages, a quote tailored to you

Choose the package that fits your project. Pricing is tailored to your situation, on a free quote. Looking for tax residency or relocation support? Check our Foundation, Residency and Immersion packages.

Essential

Quote on request

Everything you need to launch your Latvian SIA quickly and legally, turnkey.

  • Full SIA formation
  • Official UR fees included (~€150)
  • Custom articles of association
  • Registered address in Riga (12 months)
  • Mail receiving & scanning
  • Latvian VAT number
  • Email support
  • Bank account opening
  • Monthly accounting
  • Local representative
Request a quote

Official UR registration fees included. Custom pricing provided in a free quote based on your situation and activity.

Need an à la carte service? Contact us for a custom quote.

Frequently Asked Questions

All the answers to your questions on forming a company in Latvia.

No, there is no residency requirement. You can form a SIA (Sabiedrība ar ierobežotu atbildību) remotely, without travelling. The only requirement is a registered office address in Latvia, a service we provide.
As a general rule, forming a SIA takes 3 to 5 business days once all documents are signed. Registration with the Latvian Enterprise Register (UR) is entirely digital. We keep you informed at every step of the process.
Since 2018, Latvia has applied a unique tax regime: profits reinvested or kept in the company are not taxed (0%). Corporate tax (20%) is only due when profits are distributed as dividends. This mechanism is fully legal, compliant with EU law, and lets you maximise your available cash.
The company pays its taxes in Latvia. As a tax resident elsewhere, you typically need to declare dividends you pay yourself from your Latvian company at home. Double-tax treaties help avoid being taxed twice on the same income. Profits kept inside the company are not taxed at home. We recommend a consultation with a tax expert in your country.
Yes. We recommend fintech solutions like Wise Business or Paysera, which let you open a business account with a European IBAN entirely online, with no travel. For traditional Latvian banks (Swedbank, SEB Latvia), a branch visit may be required depending on your profile. We help you choose the solution that fits best.
Dissolving a Latvian SIA is done through the Enterprise Register (UR). If the company is in good standing (no debts, filings up to date), you can request a voluntary dissolution. We handle the entire procedure for you if you wish to close your company.

Ready to form your company in Latvia?

Free consultation, no commitment. Our team replies within 24h.