Company formation + VAT number + bank account

3 in 1 package starting from 300 EUR (one free consultation and set of documents included) - go ahead and call:

+371 22423122

(hourly rate varies from 50 EUR)

Call now and book your appointment, we will make all the paperwork, will set up your new business in Latvia, will get VAT number and bank account for your newly registered company, so you will be all set and ready to work!

*Opening a company in Latvia gives you the opportunity to become a full-fledged participant in the European market with all the advantages and benefits for building a business in European Union.

The investment environment in Latvia has become more attractive to companies since July 1 of 2018 - the Corporate income tax advance payments are cancelled; therefore more current assents remain at the disposal of the company that can be used for business development. When investing and establishing a company in Latvia, a taxpayer obtains many advantages:

• Corporate income tax shall not be paid for reinvested profit, because the 0% Corporate income tax rate is applied to the reinvested profit.

• Corporate income tax at the rate of 20% shall only be paid from the profit share which will be distributed or disbursed as dividends, or used for purposes not directly related to business development. If a company does not pay dividends, but decides to invest the earned profit into business, the profit tax shall not be paid. Thus, the Latvian tax policy enables international companies to invest profit into business development without losses.

• Distributed profit (dividends) is subject to tax once, tax on income shall be collected on the company level by applying 20% Corporate income tax rate.