Latvia is a country on the Baltic Sea between Lithuania and Estonia. Since the year 2000, Latvia has had one of the highest (GDP) growth rates in Europe. The Latvian economy is dominated by three main sectors of Services, Industries and Agriculture.
Population: 1.92 Million
Details of Company (Limited Liability Company – SIA):
- Minimum of one Shareholder and one Director, who may be of any nationality and need not be a resident of Latvia.
- Minimum Share Capital of 2800 Euros, 50% of which must be fully paid on incorporation.
- Accounts are required to be maintained and filed.
A member of our banking team will be able to advise on a suitable offshore bank account for this Company formation.
N.B. Banking does not have to be in the jurisdiction of incorporation and this cost can be reduced substantially by our placing of offshore banking in other overseas jurisdictions.
Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.