Incorporation and administration of Latvian companies
 Service description |
Cost |
|---|---|
| Incorporation of a company / foreign branch or representative office in Latvia (sending of documents) | EUR 490 |
| Registered address and postal service for 1 year | EUR 500 |
| Opening a corporate bank account in a Latvian bank | Free of charge |
| Total cost | EUR 970* |
| Additional expenses (stamp duty) depend on amount of share capital | EUR 150 / EUR 250 |
| Annual maintenance (registered address and postal service for 1 year) | EUR 600 |
* Related expenses (banks’ tariff, notarial services, company registration duties) are to be paid separately: from EUR 150 for companies, from EUR 30 for representative offices. Unless otherwise specified, the prices include Latvian value added tax.
Additional services
| Service description | Cost |
|---|---|
|
“Virtual office” in Latvia: – local telephone number, – reception of phone calls by a secretary, – forwarding information about a phone call to client’s email, – telephone redirection to any number (to be paid separately: communication provider’s tariff + 20%). The minimal term of prepayment for this service is 12 months. |
EUR 60 per month |
| Rent of a meeting room (a workplace) in Riga | EUR 120 per hour |
| VAT number | EUR 800 |
| Tax residency certificate (for avoidance of double taxation) | EUR 150 |
| Apostille / Legalization of documents | EUR 200 |
| EORI number |
EUR 150 |
| Extract from the Register | EUR 120 |
| Company liquidation | EUR 800 |
| Maintaining of accounting records | upon request |
Residence permit in Latvia
| Service description | Cost |
|---|---|
| Residence permit processing | EUR 1500 |
| Residence permit processing for family members (services for renewal of residence permit are free of charge) | from 500 to 1000 EUR |
| Provision of address to declare a place of residence (when necessary) | from EUR 360 per year |
| Annual registration (starting from the second year) | from EUR 900 |
* The government fees are to be paid separately.
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