Latvia – Ready Made Companies
They are available immediately and fully inclusive of all documentation.
What are the main types of company registration Latvia?
There are two main kinds of company incorporation Latvia for foreign investors, and they are as follows:
- Limited Liability Company (SIA)
- Joint Stock Company (A/S)
What are the main features of an SIA Private Limited Liability Company?
- this is the most common business vehicle in Latvia
- the minimum share capital is €3,090, at least half to be paid up
- minimum number of directors is one
- there are no restrictions on foreign shareholders
- accounts to be maintained in line with statutory requirements
What are the main features of an A/S Joint Stock Company?
- this is the most popular format for larger companies that wish to raise public capital
- minimum share capital is €35,572 which must be fully paid up before registration
- two-tier system comprising management and supervisory boards
- accounts to be audited and filed with authorities
Latvian Readymade Process
Procedure to acquire a ready made company
Your chosen directors and shareholders of the new company sign official documents that allow us to make them the directors of your ready made company. We transfer the company into your power and it is ready to trade immediately.
Changing the company name of the Ready Made Company
We can also file a company name change the same day.
Appointing the new Directors
To appoint the directors of your new company you will need to sign official forms that state this. This can also be done through giving us a power of attorney to do this on your behalf.
We will be removed as directors of the company and it will be transferred over to you. You then receive the Certificate of Incorporation , Memorandum and Articles of Association of the company and the Company Secretarial Forms.
Established Ready Made Shelf Companies, sometimes called old shelf or established companies, are dormant / inactive companies that were incorporated in the previous years but have never been active.
Available Latvian Shelf Companies
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