A European company (SE) is a commercial company entered in the Commercial Register that is entitled to transfer its registered office from one Member State of the European Union (EU) to another without liquidation and without establishing a new company in another EU Member State. An SE may transfer not only from Latvia to another EU Member State and vice versa, but also to Iceland, Norway, and Liechtenstein, which are not EU Member States.

The minimum share capital of an SE may not be less than EUR 120,000.