Buy A Shelf Company In Latvia
Start your business in Latvia with a fully registered, zero-liability company ready for immediate transfer and compliant with EU regulations.
Latvia Ready Made Company includes:
Contact us now to secure a ready-made Latvia company tailored to your needs.
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Latvia Company Registration 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.
FAQs
What are the advantages of a Latvian ready-made company?
A Latvian ready-made (shelf) company gives you the ability to start business operations immediately with a fully registered, unused company. Key benefits include:
- Fast ownership transfer within 1–2 business days
- Zero trading history or liabilities
- Fully registered with the Latvian Commercial Register
- Faster access to VAT registration, banking, and licensing
- Supports EU-wide trade as a compliant European company
- Saves significant time compared to incorporating from scratch
What are the most common types of company formation in Latvia?
The most common and popular business structure in Latvia is the SIA (Sabiedrība ar Ierobežotu Atbildību) a Private Limited Liability Company.
Other structures available in Latvia include:
- AS (Akciju Sabiedrība): Public Limited Company
- Individual Merchant (IK): Sole trader
- Partnerships (PS or KS): For joint ventures
- Branches of Foreign Companies: For non-resident business expansion
The SIA is the most flexible and widely used structure for both local entrepreneurs and international investors.
How much share capital is required to form a Private Limited Company (SIA) in Latvia?
The minimum share capital required to register a SIA in Latvia is €2,800.
However, micro SIA options exist where capital can be as low as €1, provided certain restrictions are met (e.g., the founders are only individuals and not shareholders in other companies). Shelf companies are typically pre-registered with standard capital already paid in.
What are the key features of a Latvian SIA (Private Limited Company)?
- Limited liability for shareholders
- Can be formed with just one shareholder and one director
- 100% foreign ownership is allowed
- Registered with the Latvian Register of Enterprises
- Eligible for EU VAT number and local banking
- Requires a registered office address in Latvia
- Annual reports and accounting obligations are mandatory
What other types of company formation are available in Latvia?
In addition to SIA, Latvia offers:
- AS (Public Limited Company): For large-scale operations and public funding
- PS (General Partnership) and KS (Limited Partnership): Used for joint ventures and specific investment projects
- IK (Individual Merchant): For sole entrepreneurs with unlimited liability
- Branches of Foreign Companies: For international firms operating in Latvia
- Foundations and Non-profits: For charitable or community-focused work
The SIA remains the most commonly preferred legal entity due to its simplicity, flexibility, and tax efficiency.
Shelf Companies Unavailable – Let Us Assist You
We may not have shelf companies available in this location at the moment, but we can still set up a new company for you quickly and affordably. Let’s find the right solution for your business needs. Our team is here to help.