Latvia companies

Latvian Company Formation

Foreign investment is rising strongly and Latvian authorities have taken steps to streamline the regulations governing company formation. Limited Liability companies is the most popular form. Latvia´s corporate tax is 15%, one of the lowest rates in EU. Among the advantages of Latvia, we can find its multi-lingual culture, Latvian, Russian and English are commonly spoken; plus people is very professional and are used to working with both Western and Eastern business cultures. Latvian companies serve as EU bridge for trade between Western and Eastern, “Russian-speaking” countries.


  • Minimum capital share is €3090, half of it must be paid-up.
  • One director required
  • No restrictions of foreign shareholders or directors
  • Registered office required
  • Visiting Latvia will be recommended, in order to set accounting requirements and open bank account

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