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.

The EU Blue Card is a temporary residence permit available in Latvia for highly skilled professionals who are employed in Europe. This type of residence permit allows individuals to work and reside in Latvia for a period of 5 years, which can be renewed. After 5 years, individuals may apply for a permanent residence permit in Latvia.

To be eligible for the EU Blue Card, the following requirements must be met:

• Valid passport;
• Professional experience of a minimum of 3 years or a higher education degree in a program lasting at least 3 years;
• Minimum monthly salary of 1373 EUR;
• Clean criminal record.

Applicants who have received residence permit under this category may also apply for residence permit for their spouse and children below 18 years old.

Criteria for citizenship:

• At least 5 years of permanent residency in Latvia.
• Proficiency in Latvian language.
• Knowledge of Latvia’s Constitution, history, culture, national anthem, and more.
• Legitimate source of income.
• Renunciation of previous citizenship.
• Loyalty pledge to Latvia.

Required Documents:

• Application expressing citizenship desire.
• Personal ID.
• Birth certificate.
• Marital status proof.
• Document supporting citizenship rights (for reinstatement).
• Acknowledgment of leaving Latvia during occupation (for reinstatement).

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 (at least 1 860 EUR monthly or 22 320 EUR per year per adult);

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 (at least (at least 1 860 EUR monthly or 22 320 EUR per year per adult);
• Proof of source of funds for the purchase of the real-estate.

Obtain your EU business visa in Latvia through and enjoy visa-free travel throughout the Schengen area during your business trips.

The validity of the EU Schengen business visa in Latvia can range for up to 3 months in 180 days period, depending on your individual needs.

The business visa issued in Latvia is a multiple-entry visa, allowing you to travel and conduct business in all 26 Schengen member countries.

This visa not only offers the opportunity to travel for business purposes within the EU but also provides the option to apply for an EU residence permit once your EU company is established.

• 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)