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Company registration in Latvia

A Latvian LLC is registered in 3 working days for a €75 state fee, and capital starts at €2,800. We cover the steps, documents and online filing.

Companies in Latvia are registered by the Register of Enterprises. The main form is the limited liability company (SIA). Its share capital is at least €2,800, about $3,140 at the rate of 5 October 2026, rounded up (€1 = $1.12), the nominal value of a share is at least 1 cent, and capital is paid in cash or in kind, according to the Register of Enterprises.

Costs: state fee

The state fee for registering a limited liability company is €75, about $85, for registration within 3 working days; it is the same for one or several founders. An application signed with an e-signature can be filed online on the Register's portal, where the fee is also paid, under the Register's rules. Our services are in the fee table below.

A fee of about $85 and 3 working days, but the bank checks harder than the register

The law does not stop you from registering a company on your own. But mistakes cost more than the fees: errors in the founding documents that make the register return the application, a small-capital company whose members are personally liable for debts up to $3,200, VAT remembered only after the first invoices, a bank refusal when the source of money cannot be proven. Murblz support removes these risks: we prepare the founding documents, file them with the register using an electronic signature, register the company with the tax office and for VAT and prepare a file for the bank. We guarantee professional work and a transparent process, and in most cases a result on the first application.

Company registration in Latvia with our support starts from $9,500; a manager will calculate the total in the chat.

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How registration works

  1. Defining the task: activity, members, whether VAT is needed.
  2. The memorandum or sole founder's decision, articles, name and address.
  3. Paying in the share capital.
  4. Filing with the Register of Enterprises online or on paper and paying the €75 fee.
  5. Tax registration, VAT if needed, and a bank account.

Small-capital LLC

The law allows an LLC with capital from €1 to €2,799. Its members can only be individuals, no more than five, and only members can sit on the board. Each year 25% of profit goes into a mandatory reserve until the capital can be raised to €2,800, and if the company cannot pay its debts, the members personally cover the shortfall up to €2,800. The rules are on the Register of Enterprises page.

What documents you need

Passports of the members and director, the memorandum or founding decision, proof of the company address and beneficial ownership details; for a corporate member, its registry extract translated and apostilled. For the bank, a business description and source of funds documents.

What we do

Murblz specialists prepare the founding documents, file them for registration, obtain the company numbers, register the company for tax and help open the bank account. The quote is fixed in writing before work starts.

Who gets refused

The registry returns applications with errors in the founding documents, and a bank will refuse an account if the source of funds cannot be documented or if any owner is under sanctions. We check sanctions exposure before any documents are prepared.

Fees

ServicePrice
Base package (registration, address, secretary, fees, apostille)€8 400
Package with nominee service€8 400
Package with bank pre-approval (+ nominee service, bank pre-approval)€9 400

We will calculate online the cost of registering and running your company for the first year.

Calculate online

See also

Business account · Personal account · Investment property · Country taxes · All country programs

FAQ

How much does company registration in Latvia cost?
The state fee for an LLC is €75 (about $85), with registration in 3 working days. Our services follow the fee table on this page.
What is the minimum capital for a Latvian LLC?
€2,800 (about $3,140), in cash or in kind; the nominal value of a share is at least 1 cent.
Can you register a company in Latvia online?
Yes, an application with an e-signature is filed on the Register of Enterprises portal, where the fee is also paid.
How long does LLC registration in Latvia take?
3 working days for the standard €75 fee once the complete file is submitted.
Can a foreigner open a company in Latvia?
Yes. A foreign corporate member needs a translated and apostilled extract from its home registry; online filing needs a suitable e-signature, otherwise we file through a representative.
Can you open a Latvian LLC with €1 of capital?
Yes, as a small-capital LLC: members can only be individuals, up to five, 25% of profit goes to a reserve each year, and members personally cover any debt shortfall up to €2,800.
Does the Latvian state fee depend on the number of founders?
No, for LLC registration within 3 working days the €75 fee is the same for one or several founders.
Can a company be a member of a Latvian small-capital LLC?
No, only individuals can be members of a small-capital LLC, up to five of them.

Need a company in Latvia?

We register a Latvian limited company, explain the tax on distributed profit only and help open an account with a Latvian bank. The catalogue covers every country.

Company formation worldwide

The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.

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