Latvia Company Formation Cost in Detail
Start a company in Latvia instantly. Avail our top-notch company setup packages starting at just $1,990!
We offer:
- Transparent Pricing
- Minimal turnaround time
- Premium company setup services
- Consultation on incorporation cost management
This is a dedicated page listing the prices for the company formation services offered by Gryffin Capitalist in Latvia. We also list the pricing quoted for additional and renewal services provided to our clients.
Curious about offshore jurisdictions other than Latvia? Feel free to read our offshore company registration page.
Latvia Company Formation Fees and Packages
Gryffin Capitalist offers two exclusive Latvia business registration fees and packages designed to provide global business solutions. All fees are quoted in USD and cover the first year of operations. It also includes government fees for the first year. Choose the desired package that meets your current business requirements.
Latvia Standard Package
Latvia company formation cost: $1,990.
Our Standard Package covers everything the clients need to form a company in Latvia. It is designed for investors and entrepreneurs who want to form their company seamlessly with all statutory elements in place.
Our Package Includes:
- Latvia Company Formation
- Issuance of the Certificate of Incorporation
- Document Processing and Submission
- Preparing and Filing the MOA and AOA
- Government filing fee coverage for 1 year
- Registered Agent and Registered Office Address Service for 1 year
- GC Account Manager at your Service for 1 year
Latvia Executive Package
Latvia company formation fees: $2,890.
The Executive Package covers an important element required for all businesses: a corporate bank account. We offer dedicated bank account support and include everything in the Standard Package.
Our Package Includes:
- Includes all the Services Offered in our Standard Package
- Certification of Corporate Documents for International Use
- Complete Bank Account Opening Assistance
- One-Time Application with the Right Bank
- Preparation of Bank Application & Supporting KYC Documents
- Fast-Track Appointment With a Bank Representative
Latvia Company Formation Cost: Additional Services
Beyond the core packages, fees charged for additional services in Latvia are as follows:
| Additional Services | Description | Service Fee |
|---|---|---|
| Change of Registered Agent | Includes appointing a new registered agent, filing a Notice of Change and ensuring full compliance | Price on Request |
| Official Extract from the Enterprise Register | An official certificate confirming that the company is fully authorized to conduct business operations | $350 |
| Certificate of Incumbency | An official document listing the important details of the company’s current directors, shareholders, and officials | $250 |
| Company Seal | A company seal that is used to authorise and place formal documents of the company | $150 |
| Restoration of IBC | Restoration of a company in Latvia that was struck off from the Enterprise Register | Price on Request |
| Notarization and Apostille | Apostille certification of corporate documents for a company in Latvia for international use and seamless transactions | $750 |
| Company Liquidation | Assistance during the company liquidation process | Price on Request |
| Official Entity Search Certificate | Assistance in finding company details from the Register of Enterprises portal and issuance of a formal certificate | $250 |
Latvia Company Formation Cost: Annual Services (2nd Year Onwards)
Companies in Latvia must pay their annual fees before the deadline to remain in good standing with the government authorities. The fees listed below apply from the second year of registration onwards.
$1,850
Company Annual Service (includes government fees)
- Registered Office and Registered Agent Service for 1 year
- Annual Filing of Register for Directors, Shareholders, and UBOs
Exact Timeline for Latvia Company Formation
Here is a timeline showcasing how our team seamlessly assists during company registration in Latvia.
| Timeline | Process |
|---|---|
| DAY 1 | Selection of the desired Latvia company setup package and submission of KYC credentials |
| DAY 1-2 | Review and complete verification of the submitted KYC documents |
| DAY 2 | Filing of the company registration form with the Latvia Register of Enterprises |
| DAY 3-4 | The Certificate of Incorporation is officially issued in Latvia |
| DAY 4 | Initiating the delivery of the full company kit by our team via digital or physical means |
| DAY 5 | For the executive package, our team initiates the bank application process and schedules an appointment with a bank representative |
This was all about the Latvia company formation cost and packages prepared by the Gryffin Capitalist team for a transparent, hassle-free setup experience. To learn more about the costs and pricing in other offshore jurisdictions, explore our offshore incorporation packages. If you have any additional queries, contact us anytime for a clear picture!
Frequently Asked Questions (FAQs)
What is the cost of starting a company in Latvia?
The Latvia business setup cost with Gryffin Capitalist is $1,990 for the Standard Package and $2,890 for the Executive Package.
Are annual fees included in the Latvia company formation cost?
Yes, annual fees are included in the Latvia company formation costs for the services quoted by Gryffin Capitalist.
Does a Latvian company require a minimum share capital?
The minimum share capital for the Latvia company can be EUR 1.
What factors influence the Latvia company formation cost?
The factors are:
- Type of company,
- Minimum capital required,
- Agent fees
- Government filing fees
- Services applied
How many days does it take to form a company in Latvia?
It typically takes 3 to 4 days to form a company in Latvia.
What our clients say
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