|
|
|
|
Latvia is full member
if European Union.
Incorporating the Latvian company you will get European enterprise.
Latvian company has all advantages and possibilities of business in
European Union. Latvia is new country and legislation system is more
liberal than in other EU countries and process of incorporating
Latvian company is much easier, cheaper and also faster. If there
will be just one founder, incorporating of company takes just one day.
Tax benefits
Tax system in Latvia is one of best and
gentle between countries in EU. For example, if you form a company in
Latvia, from profit you pay just 15% Corporate Income tax.
See tax comparison.
Value added tax (VAT) 0% is applied to
purchase and sale deals between Latvian companies and other EU countries
companies. VAT 0% rate is also applied to the various of services
provided by Latvian companies to EU companies and from third countries.
Dividends you get from activity of Latvian
company is non-taxable in case of company's founder is the legal person
which is a resident of EU country or European Economic Area.
Short time registration of a new company
If there is just one founder of company,
registration is just one day from the day when application form is
submitted and equity capital is formed. Minimum share capital is 3090 Eur and at least half must be paid up before registration. If there is
more than one founder registration is up to 5 days.
Any foreign person can be a fonder of
Latvian company
There is no restrictions to establish, own
or manage Latvian company for non - residents. Owners and managers can
be individual persons as well as legal persons.
Your attendance is not necessary !
You can form a Latvian company without
visiting Latvia. To incorporate and manage your company can person
or company authorized by you with Power of attorney.
Easier order of entering and residence
in EU !
Latvia is a member of Schengen Agreement. It
means that Latvian residence permit allows you to enter and leave the
country unlimited number of times during the period residence permit is
valid, as well as travel free over the countries of Schengen Agreement
(with rights of residence up to 3 months in 6 months period, without
working permit in those countries).
The position of board member or council in
Latvian company, status of individual merchant or sole founder of
company enables to get the residence permit in Latvia for 1 up to 5
years.
Please feel free to contact us if you would like to get more information
if you need to establish company in Latvia.
Tel.
(371) 29 112 333
 |
 |