Reasons to use a company formation agent 

If you’ve never formed a company, the business incorporation world may seem intimidating. The jargon, legal requirements, and registration procedure are simple to understand if you work with a business formation agent. What is a company formation agent A company formation agent is an autonomous entity that establishes corporations on behalf of other persons. This […]

Companies that are obligated to register for VAT

The registration of Value Added Tax (VAT) payers in the country by the State Revenue Service (SRS) in the register is controlled by these provisions; Article 3 and paragraphs 1 and 9 of Article 26 of the Act ‘On Value Added Tax’. Any company which engages in business activities and purchases goods in the EU […]

Company management in Latvia

Two aspects of the environment played a role in shaping corporate governance in Latvia. The very first part of this story takes place in 1991 when Latvia won its independence by seceding from the political and economic institutions of the Soviet Union. This event marks the beginning of this particular narrative. Confusion reigned supreme among […]

Registration of new company in Latvia 

Starting a business in the country is quite easy and lucrative. With the numerous incentive policies introduced by the government for the benefit of foreign investors and local business owners, the prospects of setting up a company within the republic are limitless. Once one has a business idea, there are different companies to choose from […]

Company registration authority in Latvia 

The Register of Enterprises in the country is the authority in charge of registering companies within the territory. The Enterprise Register enters companies, business owners, branch offices, and representative offices as well as changes in certain information. It also registers commercial pledges, associations, foundations, public-private partnership agreements, trade unions, etc. Business owners can request information […]