Company restructuring solutions in Latvia

Reorganizing your business structure can unlock new growth opportunities, improve operational efficiency, and align your company with evolving market demands. Our Company Restructuring Solutions guide you step‑by‑step—ensuring full compliance with the Latvian Commercial Law and handling all filings, fees, and stakeholder communications on your behalf.

An illustration of key steps for registering a company in Latvia, presented with a map of Latvia and a checklist.

Our restructuring services

Our comprehensive suite of services covers every critical phase of your company’s restructuring:

  • Legal drafting & compliance
  • Filing & fee management
  • Auditor coordination
  • Stakeholder communications
  • Final registration support
  • Ongoing advisory
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Company restructuring steps and requirements

Below is a concise breakdown of each restructuring stage, detailing the essential actions, documentation, and key considerations you’ll navigate with our support:

Main Company Restructuring Stages and Requirements
Step Key Actions & Documents Notes
1. Draft Decision
  • Prepare decision per Articles 357 & 338 §2
  • Include type of acquiring company and draft articles/agreement
 Sets legal basis for the restructuring
2. Notice to Register
  • Submit notice with draft decision and articles/agreement
  • Pay registration and publication fees
 Receipts must accompany notice
3. Auditor Examination
  • Appoint auditor (unless waived by unanimous consent)
  • Auditor reviews draft and equity sufficiency
 Waived for capital‑neutral restructurings or full shareholder/member agreement
4. Prospectus Preparation
  • Draft prospectus per Article 339 (unless waived by unanimous consent)
 Ensures transparency for all stakeholders
5. Reorganisation Decision
  • Hold shareholder/member meeting to approve the plan and new articles
  • Appoint board/council/auditor if required
 Follows your company’s internal voting rules
6. Creditor Protection
  • Notify known creditors and publish in Latvijas Vēstnesis within 15 days (Article 345)
 Guarantees creditors’ awareness; special rules apply when converting a capital company into a partnership
7. Final Registration
  • After at least 3 months, file for entry of reorganisation and register the acquiring company (Article 347)
 Completes the legal transformation

State fees and publications

Below is a summary of the government‑imposed fees required for company restructuring in Latvia:

  • Government Registration Fee: ≈ €75
  • Government Publication Fee (in Latvijas Vēstnesis): ≈ €18.50
  • Total Government Fees: ≈ €93.50

Disclaimer: These government fees are approximate and subject to change with future regulatory or procedural updates.

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For expert guidance and seamless handling of your company restructuring—including all government filings, fees, and stakeholder communications—contact us today.