Company formation in Latvia, fully remote.

For foreign founders and non-residents who want a Latvian SIA (LLC). Sign online, with no notary and no trip to Latvia. We prepare the paperwork, deal with the Register of Enterprises and guide you through the bank account.

€300 + VAT SIA formation, state fee included. With a year of legal address: from €500 + VAT. See pricing

SIA Wonderstore · VID licence AGL0003801 · LCCI member · Insured

Choose your route

Four ways in. Each one has its own page with the details and the price.

Form a new company

A standard or small-capital SIA, signed online and registered for you.

€300 + VAT, state fee included

SIA formation

Only a legal address

For a company you already have, or together with a new formation.

From €200 + VAT per year

Legal address

An existing company or an adviser

A company as owner, a registration that stalled, or you act for a client.

Ownership chain, take-overs, advisers

For companies

Not sure yet?

Read the questions people ask most. Or message us: we reply in writing, in English.

Or WhatsApp and email

Read the FAQ

What's included

From your first message until your company is registered.

Sign online, no notary

You sign with a qualified electronic signature. We prepare the documents and check the details with you.

We handle the registration

We submit your SIA to the Register of Enterprises and handle all communication with it, including any follow-up questions. You give us the information and sign what we prepare.

Bank account guidance

We advise on which bank to approach and how to talk to it. The bank opens the account, and only the bank decides.

Optional

VAT and accounting, if you want them

Once your company is registered, our own accounting service, Balansis, can handle VAT registration and keep its books. It is a separate, optional service.

How it works

You don't need to be in Latvia for most of it.

  1. Message us

    Tell us about your company and who the owners are. We confirm in writing what we need and what it will cost.

  2. We prepare your documents

    We run our identity and compliance checks and draft everything. We quote up to two working days for this.

  3. Sign and open the bank account

    You sign online. You then open a temporary bank account for the share capital, with our guidance.

  4. We register your SIA

    Once the capital is paid in, we submit your application to the Register of Enterprises and deal with it from there.

These four steps group the six stages of the full process. In total, checks and documents take a few working days. The bank account usually takes one to two weeks and up to three weeks in cases we have seen; the bank's own checks (the dashed step) are the biggest unknown and we cannot speed it up. The Register then takes three business days (one business day for a higher state fee), and can take longer if it has questions. We never promise a fixed total time.

Who we work with

Founders from the EEA countries and Switzerland (31 countries) can sign remotely with a qualified electronic signature. Elsewhere? Message us, because some cases work with other signing providers.

Map of Europe. The 31 EEA countries and Switzerland we serve by default are outlined, and Latvia is highlighted.
Outlined: the EEA countries and Switzerland. Circles mark Liechtenstein, Luxembourg and Malta. Hover or tap a country to see its name.

The 31 countries

  • Austria
  • Belgium
  • Bulgaria
  • Croatia
  • Cyprus
  • Czechia
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland

Not on the list? Other countries are possible case by case, for example with a qualified signature you already hold or a different signing provider. Tell us your country and we confirm in writing whether it works.

Ask about your country

Published pricing

Our fees are published. All prices exclude VAT, and we confirm your total in writing before you pay.

SIA formation€300state registration fee included
Legal address, 1 year, from€2002 years from €390, 3 years from €570
A typical start, from€500 + VATone founder, no ownership chain

Each additional person adds €50 + VAT, and each company in an ownership chain adds €100 + VAT. A small-capital SIA costs the same to form.

See full pricing and estimate

How we work

What you can expect from us, and what you can check.

We deal with the Register

We handle all communication with the Register of Enterprises. You give us the information and sign what we prepare, and we tell you in writing what to send and by when.

See the process

Honest about the slow parts

The bank and the Register set their own pace. In one case we handled, the entry came about five weeks after the application was submitted. We tell you what to expect before you pay.

Read the cases

Facts you can check

VID outsourced-accountant licence AGL0003801, membership of the Latvian Chamber of Commerce and Industry, and professional liability insurance of €5,000.

See the credentials

Questions

Short, straight answers. The full list covers signing, the bank account and timing in more detail.

All questions and answers

Do I need to travel to Latvia?

Not to form the company. Documents are signed online with a qualified electronic signature, so there is no notary visit. The bank is a separate step: it runs its own identity checks when it opens your company account, and we guide you through what to expect.

Is Start in Latvia a government service?

No. Start in Latvia is a private service run by SIA Wonderstore, and we are not affiliated with any government institution, including the state initiatives with similar names. We help foreign founders form a Latvian company and we say so plainly. More about who we are.

Who does the accounting after my company is formed?

Accounting is a separate, optional service. If you want it, Balansis, our own accounting service run by the same company, SIA Wonderstore, can take over once your company is formed, so you are not handed to a separate partner. Ask us in writing what that covers for your situation. Balansis.

Which countries do you work with?

By default we work with founders from the 31 EEA countries and Switzerland, because a qualified electronic signature is readily available there. Other countries are possible case by case, for example through a national certificate you already hold or a different signing provider. Message us your country and we will tell you in writing whether it works.

Can I speak to someone by phone?

No. We keep everything in writing, in English, so you always have a record of what was agreed. WhatsApp is the quickest way to reach us, and email works too. Send us a message with who the owners will be and where they live, and we will reply with what we need from you and what it will cost.

Ready to start?

Send us a message. We reply in writing, in English, and move as fast as the steps allow.

  • Published prices
  • Signed online, no notary
  • Professional liability insured