Limited liability company · SIA
A Latvian SIA is registered with the Enterprise Register. Its founders can include individuals or legal entities, including non-resident owners.
Latvian company formation
Company formation in Latvia
Prepare a Latvian establishment with ownership, representation and local administration clearly defined. We coordinate the incorporation brief with banking preparation and the wider international structure.
Your establishment options
Start with the right structure.
The route depends on your activity, ownership and operating plans. These are the decisions to resolve before the application.
Capital & ownership choices
Standard and reduced-equity SIAs have different eligibility conditions. The reduced-equity route has restrictions on the number and type of owners, so the choice must fit the ownership plan.
Address & electronic signing
Registration preparation includes the legal address, founders, board and beneficial owners. All required signatories need a suitable secure electronic signature for an online submission.
Local establishment essentials
Know what comes next.
The exact document list follows the selected entity, owners and activity. Your adviser will confirm the requirements for your case.
- Select the SIA route that fits the ownership and capital plan.
- Prepare the founding decision and articles of association.
- Confirm the legal address and required consent.
- Identify board members, beneficial owners and electronic signatories.
After incorporation
Plan for the years ahead.
Latvian commercial companies have annual financial-statement obligations. Arrange preparation and submission to the State Revenue Service, including access to its Electronic Declaration System where used.
From decision to establishment
A clear path to your next company.
The scope is agreed before the work begins. You can see what is included, who is responsible and what information is needed.
01
Define your requirements
We review the activity, owners, operating markets and practical requirements. Where the destination is undecided, the brief starts with comparing options.
02
Review your proposal
Your proposal sets out the chosen route, work involved, professional fees and external costs. Timing is assessed against the actual application and dependencies.
03
Establish & prepare to operate
Following agreement, the incorporation work and supporting steps are coordinated. Banking, visas and sector permissions follow their own assessment and approval processes.
Beyond incorporation
Bring the decisions together.
Select the support your business needs. The agreed scope may combine formation with corporate structuring, tax advice, banking preparation and relocation planning.
01 / Structure
Ownership & governance
Clarify shareholders, decision-making and the relationship with your wider group.
02 / TaxInternational tax advisory
Our own tax team considers the cross-border position, treaty questions and transfer pricing relevant to your brief.
03 / BankingCorporate banking support
Prepare the business profile, ownership information and account-opening requirements for bank review.
04 / PeopleVisas & personal residency
Coordinate immigration and personal tax-residency questions separately from the company’s registration.
Costs & timing
One proposal.
Your actual requirements.
Every case is quoted individually. The activity, ownership, location, premises and additional services determine the work and cost.
Professional work
The advisory, preparation and coordination included in your engagement.
External charges
Authority, notarial, registry, workspace and third-party costs, as applicable.
Time & dependencies
The document readiness, authority reviews and separate banking or immigration steps that influence delivery.
Your questions
Before you begin.
Is a reduced-equity SIA suitable for a corporate shareholder?
The Enterprise Register lists the reduced-equity SIA as a route for a limited number of natural-person owners. A structure with a corporate shareholder needs a different assessment.
How much will my company setup cost?
We quote each case individually after reviewing the proposed activity, owners and required support. Your proposal separates professional fees from authority and third-party charges.
Can formation, banking and visas be handled together?
They can be coordinated within an agreed scope where applicable. Each follows its own requirements, and the relevant authority or bank makes the approval decision.
Your next step
Let’s plan your establishment.
Tell us your business activity, intended markets, ownership and any visa or banking needs. We will define the scope and prepare an individual proposal.
A short outline is enough to begin. Please do not email passports or bank documents at this stage.
Official incorporation references
Source material checked: 24 October 2026. General establishment information; requirements are confirmed for the individual case.
Photograph & credit
John Samuel · Skyline, Riga.jpg · CC BY-SA 4.0
Photograph displayed with a responsive crop.