Company registration in Latvia with SIA FinBrok – a great start for your business
Registering a company is an important step toward independence and successful entrepreneurship. SIA FinBrok helps you register your company in Latvia quickly, legally and without unnecessary stress.
Why businesses choose SIA FinBrok for company formation in Latvia
At SIA FinBrok you get a full-service solution in one place:
- company registration in Latvia (SIA / LLC), including small capital SIA registration;
- legal address rental in Riga;
- accounting services for new businesses.
We take care of all the details, so you can focus on developing your business.
With SIA FinBrok you receive complete support – document preparation, consultation and technical execution from start to finish.
Step-by-Step Guide to registering a company (SIA) in Latvia
1Choosing a company name and checking availability
The first step in company registration in Latvia is selecting a suitable name. Before registration, make sure your chosen name is available – you can easily check it on www.lursoft.lv.
2Selecting a legal address
Every company in Latvia needs a registered legal address. If you don’t have one, SIA FinBrok offers legal address rental in Riga – a convenient and secure solution for quick company setup.
3Preparing documents
We prepare all the necessary SIA registration documents: application form, articles of association, founding agreement, shareholder register and other documents – accurately and in full compliance with Latvian law.
4Opening a temporary bank account
Before registration, you will need to open a temporary bank account to deposit the share capital. You can choose any Latvian bank. Some banks allow remote account opening.
5Depositing the share capital
A full-capital SIA requires a minimum share capital of €2,800, but you can also register a low-capital (micro) SIA with capital from €0.01 to €2,799.99.
6Signing the documents
All documents can be signed remotely using an electronic signature, allowing company registration from anywhere in the world.
7Submitting documents to the Enterprise Register
You submit the signed documents to the Latvian Enterprise Register, while SIA FinBrok provides guidance and support throughout the process to ensure everything runs smoothly.
8Company registration within 1–3 business days
The Enterprise Register usually approves new SIA companies within 1–3 working days. Once your company is officially registered, you can begin your business activities.
9VAT registration (if required)
If your company needs VAT payer status, SIA FinBrok will prepare and submit the VAT registration application to the State Revenue Service (VID). This can be done at the same time as company registration.
10Signing an accounting service agreement
The final step is signing a contract with your accountant. SIA FinBrok ensures that your bookkeeping is properly set up from day one and all reports are submitted on time.
Advantages of SIA FinBrok company formation services
Frequently Asked Questions (FAQ)
We have compiled answers to the most frequently asked questions our clients have when registering a company in Latvia with SIA FinBrok. Here, you will learn how the company registration process works, what documents are required, how long it takes to register a SIA / LLC, whether everything can be arranged remotely, and what additional services we offer – from a legal address rental to accounting services.
If you haven’t found the answer to your question, please contact us – we’ll be happy to provide you with a personal consultation.
Contact us by phone or email. We will provide consultation, prepare documents, and help you establish a company in Latvia quickly and reliably. After registration, we will also take care of your business accounting.
VAT registration becomes mandatory once your annual turnover reaches €50,000 or if you plan to trade with EU companies. SIA FinBrok will prepare and submit the VAT registration to the State Revenue Service (VID) on your behalf.
Usually company registration with the Commercial Register takes 1–3 business days if the documents are prepared correctly. SIA FinBrok ensures everything is ready quickly and accurately so you can start your business without delay.
The electronic signature is already included in your ID card — to use it, you need the envelope containing your PIN codes. Before signing, make sure that the certificates on your ID card are valid. If the certificates have expired or the envelope with the PIN codes has been lost, simply contact the nearest Office of Citizenship and Migration Affairs (PMLP). More information is available at www.eparaksts.lv.
It’s fast, secure, and legally valid. You can sign all company formation documents online — no notary fees, no office visits.
Yes! The entire Latvian company registration process can be completed online, from document preparation to submission. You only need an electronic signature and internet access.
If you are just starting and want to minimize initial costs, a low-capital SIA is a good choice. However, for stronger credibility and no restrictions, a full-capital SIA is recommended.
The main difference is the amount of share capital and perceived credibility. A full-capital SIA offers greater trust among banks and partners, while a low-capital SIA allows you to start with minimal investment, but has some profit-use restrictions.
A low-capital SIA is a company with share capital below €2,800 — a great option for new entrepreneurs starting small. It can only be founded by individuals and 25% of annual profit must be allocated to a reserve fund until the capital reaches €2,800.
The most popular type of business in Latvia is SIA (Limited Liability Company). It separates personal assets from company liabilities and makes it easier to attract investors.
