A European Company (SE) is a commercial company entered in the Commercial Register that may transfer its registered office from one Member State of the European Union (EU) to another without undergoing liquidation or establishing a new company in another EU Member State. An SE may transfer its registered office not only from Latvia to an EU Member State and vice versa, but also to Iceland, Norway, and Liechtenstein, which are not EU Member States.
The minimum equity capital of an SE may not be less than EUR 120,000.