Start your business in Europe by incorporating company in Latvia.

What are the benefits of company in Latvia?

1. Do business in all European Union and internationally;
2. Fast registration process;
3. 0% tax on re-invested profits;
4. Possibilities to acquire EU residence permit for up to 5 years and Schengen business visa;
5. 100% foreign ownership is allowed.

Latvia offers highly competitive and cost-effective EU residence permit programes, enabling foreigners to receive initially a temporary EU residence for 5 years.

Once an individual has resided in Latvia with a temporary residence permit for a minimum of 5 years, they become eligible to apply for a permanent residence permit. Upon receiving the permanent residence permit, the individual may also apply for citizenship of the Republic of Latvia.

To obtain a residence permit in Latvia through investment in a company’s share capital, the main requirements are:

• Minimum investment of 50,000 EUR in the share capital of a Latvian company;
• Payment of a 10,000 EUR state fee;
• Clean criminal record;
• Valid travel document;
• Proof of sufficient funds for living expenses (at least 620 monthly or 7440 EUR per annum for main applicant, 3720 EUR for spouse, and 2232.00 EUR for each child included in the application).

To obtain a residence permit in Latvia through real estate investment, the main requirements are:

• Minimum investment of 250,000 EUR in real estate;
• Payment of a 12,500 EUR state fee (or 12.5% of property value);
• Clean criminal record;
• Valid travel document;
• Proof of sufficient funds for living expenses (minimum 1860 EUR monthly or 22 320 EUR per year per main applicant, 3720 EUR for spouse, and 2232.00 EUR for each child included in the application);
• Proof of source of funds for the purchase of the real-estate.

There are various possibilities to acquire a citizenship in Latvia which is a member state of the European Union. Besides the opportunity to live in a beautiful and affordable country, obtaining Latvian citizenship also allows you to travel visa-free to other EU countries and have access to social security services.

You can get Latvian Citizenship by Descent if:

1. You are born abroad and one or both of your parents are Latvian citizens at the time of your birth
2. You are a Latvian exiles or their descendants
3. You are an ethnic Latvia or Liv
4. You are a descendant of a Latvian Citizen

• Trademark remains valid for 10 years and can be renewed for subsequent 10-year periods.
• Opposition against published marks can be submitted within 3 months.
• Registration process takes approximately 1 year.
• Filing fee: from EUR 100.
• A completed trademark application form
• A list of goods and services for which the trademark is intended to be used
• A representation of the trademark
• A power of attorney (if filing through a representative)