Company-registration-how-to-start-business-in-Latvia

Registration with the state registry (Commercial Registry of Republic of Latvia) is mandatory for doing business in Latvia. The Company is considered a legal entity only after registration at the Commercial Registry. Afterwards, the company can legally enter into transactions and run the business.

Legal Form of the Company Incorporation documents Business start-up

Legal Form of the Company Prior to establishing an enterprise it is essential to assess and choose the most appropriate type of an undertaking in terms of law and economics. This choice will affect not only the amount of necessary equity capital, but also the legal status of the enterprise and other business related issues.

Foreign entrepreneurs usually register the following types of undertakings:

limited liability company (SIA); joint stock company (AS); branch; representative office of foreign merchant