Blog & Resources

Category: Law
What Changes to a Latvian Company Must Be Registered?

What Changes to a Latvian Company Must Be Registered?

As your business grows, the information recorded about your company in the Register of Enterprises may also need to be updated. Many of these changes must be officially registered to keep the company's public record accurate and up to date. This article explains the...

How to open a bank account for business in Latvia?

How to open a bank account for business in Latvia?

While incorporating a business in Latvia as an European Union citizen is structurally streamlined, establishing an operational banking presence requires strict adherence to European anti-money laundering (AML) and Know Your Customer (KYC) frameworks, but utilizing...

Over 10,000 New Companies in Latvia

Over 10,000 New Companies in Latvia

Latest business analytics from Lursoft confirm a robust 12.1% year-on-year increase in new company formation in Latvia, signaling renewed macroeconomic trust from foreign and domestic investors, simultaneously, corporate liquidations have experienced a sharp...

Firm or Self-Employment: What to Choose in Latvia?

Firm or Self-Employment: What to Choose in Latvia?

The choice between registering a company and self-employment is one of the key stages for aspiring entrepreneurs in Latvia. In this article, we will examine the advantages and disadvantages of each option to help you make the right choice. When it comes to registering...

How to liquidate a Latvian company

How to liquidate a Latvian company

Different situations occur and you might need to liquidate a company in Latvia. It is a complicated issue so we have decided to create a separate article to describe the procedure, ins and out you will face. What is the liquidation of a company? Liquidation of a...

Advantages of running a business in Latvia

Advantages of running a business in Latvia

During strategical planning of business development, businessmen sooner or later come to question of tax load, logistics and human resources optimization. A lot of European entrepreneurs choose Latvia to solve these issues because of the vast possibilities this...

How can you open a bank account in Latvia?

How can you open a bank account in Latvia?

Difficulties many do not tell you about During the process of Latvian companies registration and purchasing, our clients often ask how they can open a bank account in Latvia. The main peculiarities you should be aware of are requirements for non-residents and more...

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