1. Summary
If the stockholders’ meeting has decided on the commencement of the liquidation process and termination of activities, it shall have the right, until the liquidation process has been completed, to discontinue the liquidation process and continue activities. A decision on the continuation of activities shall simultaneously revoke the liquidator and appoint the supervisory board, which shall in turn appoint the executive board.
Please note that, in accordance with the Commercial Law, shareholders or stockholders have the right to participate in and vote at a meeting remotely or to vote prior to the meeting. For more information, see the section Explanation of remote participation in meetings of shareholders, stockholders and members.
In cases prescribed by law, an application for the registration of changes may be sent to the State Revenue Service for review. For more information, see the section On the Review of Applications Received by the Register of Enterprises in the State Revenue Service.
| Review period is 1–3 business days (excluding the day of submission)* | 
| Fees start from EUR 40.00 | 
| 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;
- minutes of the stockholders' meeting (signatures must be certified – either with a secure e-signature for electronic submission or with notarisation for paper submission);
- minutes of the supervisory board meeting (signatures must be certified – either with a secure e-signature for electronic submission or with notarisation for paper submission);
- consent of the member of the executive board to hold office (signatures must be certified – either with a secure e-signature for electronic submission or with notarisation for paper submission). This is not required if the consent is included in the application form;
- consent of each member of the supervisory board to hold office;
- list of members of the executive board;
- list of members of the supervisory board;
- 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).
Documents must be submitted to the Register of Enterprises within 14 days of the adoption of the decision.