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2 business days

Your Latvian company, set up in 48h

Turnkey SIA formation. Articles of association, register, VAT, registered address. You sign, we do the rest.

48h
Formation time
EUR 2,800
Minimum share capital
0%
CIT on reinvested profits
100%
Done remotely
Definition

What is a SIA?

The most popular legal structure in Latvia for European entrepreneurs.

Tax advantages

0% CIT on reinvested profits. 25% only on distributed dividends. Effective overall rate around 15%.

EU market access

Intra-EU VAT number. B2B invoicing across all of Europe with no tax friction.

All inclusive

What's included in the formation

Every step is handled by our team in Riga. All you need to do is sign.

Document

Articles of association

Full drafting of the articles in Latvian and English, compliant with the Latvian Commercial Law. Tailored to your business and tax-optimized.

Registration

Commercial register

Filing and registration with the Latvian Register of Enterprises (Uznemumu registrs). Registration number obtained within 48 hours.

Tax

Intra-EU VAT number

Application and obtainment of your intra-EU VAT number from the SRS (Latvian tax authority). Essential for B2B invoicing across Europe.

Address

Registered address

Domiciliation of your SIA at a professional address in Riga. Official mail reception and forwarding included for 12 months.

Official

Company stamp

Production of your SIA's official stamp, required for certain administrative documents and contracts in Latvia. Delivered within 5 days.

Support

Full support

A dedicated point of contact, in English, from the first call to the delivery of your final documents. Unlimited questions throughout the entire process.

Process

From signing to your active SIA

A clear timeline with predictable milestones.

1
Day 1

Document preparation

We collect your information, draft the articles of association, and prepare the power of attorney. You sign the documents digitally from home.

2
Day 2-3

Filing with the register

Submission of the complete file to the Latvian Register of Enterprises. Deposit of the share capital into the company's bank account.

3
Day 5-7

SIA active

Your SIA is officially registered. You receive your registration number, certified articles of association, and company stamp.

4
Day 10

VAT obtained

Intra-EU VAT number issued by the SRS. Your SIA is ready to invoice across the entire European Union.

FAQ

Frequently asked questions

SIA stands for "Sabiedriba ar ierobezotu atbildibu". It is the Latvian equivalent of a limited liability company (LLC). It offers liability limited to the invested capital, a minimum share capital of EUR 2,800, and allows you to invoice across the entire European Union with an intra-EU VAT number.

No. Thanks to the Latvian register's digital system and the power of attorney we prepare, 100% of the formation can be done remotely. You sign the documents from home, and we handle everything else in Riga.

The minimum share capital for a SIA is EUR 2,800. This amount must be deposited into the company's bank account upon formation. It remains available as working capital once the company is registered. It's not a cost, it's an investment in your own business.

The intra-EU VAT number is typically obtained within 5 to 10 business days after the SIA is registered in the commercial register. We handle the entire application process with the SRS (Latvian tax authority).

Ready to set up your SIA?

A 30-minute call is all it takes to start the process. Your company can be active within 10 days.

Next step: obtain your Latvian residence and open your European bank account.