1. Summary
To start a business, a limited liability company must be registered in the Register of Enterprises.
When starting the online service to register a new limited liability company (with one founder – a natural person), the applicant may choose to use system-generated documents or upload documents prepared in advance. The registration fee must be paid online after completing the application, based on the calculated amount.
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 75.00 |
| 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 KR4 (signatures must be certified – either with a secure e-signature for electronic submission or with notarisation for paper submission);
- decision on founding or memorandum of association;
- articles of association;
- a statement issued by the payment service provider or another document evidencing payment of the equity capital (if the equity capital or a part thereof has been paid up in cash and the cash contributions exceed EUR 50,000). In all other cases where the cash contribution does not exceed EUR 50,000, the founders must certify in application form KR4 that a payment account has been opened in the name of the company being established and that the equity capital has been paid into that account;
- an opinion on the value of each item of property contribution and a document evidencing its transfer to the company (if the equity capital has been paid up by means of a property contribution);
- 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);
- consent of each member of the supervisory board to hold office (if a supervisory board has been established);
- consent of each 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;
- executive board statement on the legal address, including confirmation that the company can be reached at this address and has a legal basis to be located there. The statement must include the cadastral designation of the building, premises or apartment (mandatory if the application is not signed by the executive 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 completed or drafted in Latvian.
There is no deadline for submitting documents to the Register of Enterprises.