How to open a firm in Latvia?
To open a company in Latvia it is necessary to come up with a unique name within the Latvian register (https://lursoft.lv), rent a legal address (https://postoffices.lv), pay fees and submit documents to the Register of Enterprises. But, as a rule, to start an active business, the company needs to open a bank account and obtain a VAT number. Therefore, a full registration of the company in Latvia includes work with three instances:
- Register of Enterprises;
- Bank;
- State Revenue Service (SRS).