Company registration in Latvia

Company register of the register of enterprises of the Republic of Latvia is only institution which can register all types of companies, such as Limited liability company (LLC), joint stock company (JSC), branch, representative office as well as association, political organization and religious institution etc.

Company formation in Latvia

There are 14 different register, like commercial register, register of association etc…

Register of enterprises provides following services:
- Register of enterprises register companies(LLC, JSC, IM etc), associations, political parties, branches, representative offices, etc in Latvia according to Latvian laws.;
- Register of enterprises provides information all interested persons about all legal entities in Latvia;
- Register of enterprises has rights to verify identity, legal capacity and confirm signatures of natural persons who sign any documents in register of enterprises;
- Register of enterprises is informer about all changes commercial register.

More you can read on our webiste www.register-company.lv.

Micro-Enterprise tax in Latvia

Micro-enterprise tax in Latvia

To stimulate development to small and medium sized enterprises in Latvia, government of Latvia accepted law on "Micro-Enterprise Tax".  

 Micro – enterprise tax is for different forms of merchants – individual merchants, farms, other natural persons that are registered as performers of economic activities, or limited liability companies that have chosen to accept the micro – enterprise status and who, under the law, may make only one tax payment.

 The law allows small businesses to pay flat-rate tax of 9% on their turnover. The tax shall be paid four times a year on the turnover of each quarter

 The flat-rate tax of 9% includes the following tax payments: 

- social insurance mandatory contributions,

- personal income tax;

- entrepreneur risk state fee for employees;

- enterprise or corporate income tax if the micro-enterprise conforms to the features of enterprise income tax payer and

- personal income tax of owner of the micro-enterprise for earnings of micro-enterprise economic activity.

More you can read on our website: www.visas.lv