Setting Up a Company in Latvia: How Oceans Can Help
Starting a business in Latvia can be a straightforward process — if you have the right support. At Oceans, we specialise in helping both local and international clients establish companies efficiently, correctly, and in full compliance with Latvian regulations.
Our goal is simple: to make company registration clear, fast, and stress-free, so you can focus on running your business.
The Types of Companies We Help You Set Up
Oceans provides full assistance with several legal structures, depending on your goals, scale, and ownership requirements:
1. Limited Liability Company (SIA)
This is the most common company type in Latvia. It offers flexibility, limited liability protection, and a relatively quick registration process. It’s ideal for small to medium-sized businesses, startups, and entrepreneurs.
2. Micro Company (SIA with simplified tax scheme)
For smaller businesses or solo founders, we can help register a micro company that benefits from simplified accounting and taxation.
3. Branch or Representative Office
If you already operate a company abroad and want to expand into Latvia, we can establish a local branch or representative office. We manage all documentation and compliance with local authorities.
4. Holding or Investment Companies
We assist clients looking to create holding structures or investment entities that can operate within Latvia and across the EU.
How the Process Works
Oceans handles every stage of company formation from start to finish.
Here’s how we typically work with clients:
- Consultation and planning
We review your goals and recommend the most suitable company type and structure. - Document preparation
Our team drafts and reviews all required documents and helps you prepare identification and ownership details. - Filing and registration
We submit your application to the Register of Enterprises and monitor progress until your company is officially registered. - Tax and VAT setup
Once registration is complete, we assist with your VAT and tax registration and make sure all fiscal requirements are met. - (Optional) Residence permit support
If you or your team plan to work or live in Latvia, we can guide you through residence permit procedures.
What You Can Expect from Oceans
- Full service – From the first consultation to tax registration and beyond.
- Remote setup options – Most steps can be completed without visiting Latvia.
- Transparent process – We keep communication clear and timelines realistic.
- Post-registration support – We also offer accounting, payroll, and ongoing tax compliance services.
Frequently Asked Questions
Do I need to be in Latvia to register my company?
No. The entire process can often be completed remotely using a power of attorney and digital signatures.
Can non-EU citizens open a company in Latvia?
Yes. We regularly help non-EU clients with registration, tax setup, and residence permit applications.
Get Started
If you’re ready to register a company in Latvia, Oceans can take care of every detail — from legal setup to tax compliance.
📩 Contact us to discuss your business goals and start your registration process today.
