- No corporate income tax on reinvested profits;
- Ability to manage the company remotely from anywhere in the world thanks to digital signature;
- Clear electronic declaration system to simplify reporting;
- Opportunity for foreign investors to obtain Latvian residency, allowing travel across Europe;
- Simple company registration process, reducing administrative barriers for businesses;
- Favorable holding regime for efficient receipt and payment of dividends.
Legal forms for business registration:
- Limited Liability Company (SIA) – the most popular form;
- Joint Stock Company (AS);
- Sole Proprietorship (IK);
- Representative office of a foreign company;
- Branch of a foreign company.
Requirements for share capital:
- Full share capital - from 2800 euros (can be spent on business needs after payment).
- Minimum share capital of 1 euro.