1. Summary
The register of shareholders consists of separate divisions, each division reflecting the complete and current composition of the shareholders. Amendments to a division must be made when shares are transferred, information concerning a shareholder changes, or when there is an increase of the equity capital.
| Review period is 1–3 business days (excluding the day of submission)* | 
| Fees start from EUR 20.00 | 
| Submit documents via the e-service |
| * The statutory time limit for reviewing documents may be extended pursuant to Section 64(2) of the Administrative Procedure Law. | |||||
| Useful Information on Registration Services | |
| Documents in foreign languages, electronic document submission, etc. | General procedures: registration at a pre-selected time, pre-submission document verification, etc. |
| Explanations (beneficial owners, etc.) | Details and payments |
| Laws and Regulations | Contacts |
Documents to be submitted:
- application form KR18;
- division of the register of shareholders (signatures must be certified – either with a secure e-signature for electronic submission or with notarisation for paper submission);
- a notarised copy of the certificate of inheritance (where the shares have been acquired by way of inheritance);
- the document on the basis of which the shares were acquired as a result of an auction or pursuant to a final and binding court judgment, or a notarised copy thereof;
- if the application is submitted by post, proof of payment of the state fee (receipt or copy, online banking payment confirmation, or payment details in free text).
A foreigner (foreign national) who has legal ties with Latvia, on the basis of which mutual rights and obligations in the field of commercial activity and taxation arise or have arisen, but who has not been assigned a personal identity number of the Republic of Latvia, must submit a questionnaire for the inclusion of data in the Register of Natural Persons (to be signed personally by the foreign national with a secure electronic signature if submitted electronically; if a secure electronic signature is not available, this document shall not be submitted).
Where two actions are carried out simultaneously (for example, an increase of the equity capital and a transfer of shares), a separate division of the register of shareholders must be submitted for each of these changes.
Documents must be submitted to the Register of Enterprises within 3 days of signing the division of the register of shareholders.