Pricing
Cost of company registration in Latvia
Published fees. All prices exclude VAT, and we confirm your total in writing before you pay.
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Full price list
| Service | Billed | Price |
|---|---|---|
| Formation | ||
| Standard SIA formationPublished fee, includes the base state registration fee · once | once | €300 + VAT |
| Small-capital SIA formationSame fee as a standard SIA · once | once | €300 + VAT |
| Legal address | ||
| Legal address in LatviaStarting price, per year, minimum one year. Can be ordered on its own, for a company you already have · per year | per year | from €200 + VAT |
| Legal address, 2 years€200 + €190: 5% off the second year · for the term | for the term | from €390 + VAT |
| Legal address, 3 years€200 + €190 + €180: 5% off the second year, 10% off the third. The longest term we offer · for the term | for the term | from €570 + VAT |
| Document forwardingOptional add-on to the legal address. Needs a notarial power of attorney; the notary fee is paid separately · once | once | €300 + VAT |
| Extra people and companies | ||
| Each additional person (owner or board member)Beyond the first person. Someone who is both an owner and a board member counts once | once | €50 + VAT |
| Ownership-chain checkPer company in the ownership chain, when an owner is a company · per company | per company | €100 + VAT |
A standard SIA plus one year of legal address, one founder and no ownership chain: from €500 + VAT.
What is included in the formation fee
- Identity and compliance checks on the owners and board members
- Drafting of the founding documents
- Arranging remote signing with a qualified electronic signature (the signing provider's fee is paid by you)
- Guidance on the temporary bank account and on dealing with the bank
- Submission to the Register of Enterprises and all communication with it
- The base state registration fee
What else you might pay
The base price is for the simple case: one person who is the only owner and the only board member. Beyond that there are two kinds of costs: what we add to your invoice, and what you pay to others directly.
On our invoice, only if it applies
Each additional person: +€50 + VAT. An owner or a board member, because each person means more checks. Someone who is both counts once.
A company as an owner: +€100 + VAT per company in the ownership chain. We check who stands behind it.
Document forwarding: €300 + VAT, one-off, for post and documents that arrive at your legal address. It needs a notarial power of attorney.
One-day registration. The Register decides a standard application within three business days. A one-business-day review has a state fee of three times the base fee (Cabinet Regulation No. 664, annex II, note 1): €225 for a standard SIA, €60 for a small-capital SIA. It is the same with one founder or several, which is how the Register's e-service has worked in our experience. We add it on top of our fee as a separate line, at cost, and our fee keeps the base state fee it already includes (checked 26 September 2026).
A state fee paid again. If the Register postpones an application and the clarified documents reach it after its deadline because of a late reply on your side, the state fee is paid again (Cabinet Regulation No. 664, point 8). It is charged to you at cost, as set out in our terms of service.
Paid by you directly
Share capital. The minimum for a standard SIA is €2,800. It is your own money, paid into your company's account, and it is not a fee.
The notary's fee for the power of attorney that document forwarding needs. It is paid by you to the notary.
The signing service. Qualified electronic signatures are provided by third parties, such as Dokobit or your national provider. You pay the provider directly; we do not pay for it or add it to our fee.
Bank fees. Whatever your bank charges for the accounts it opens for you.
Tell us your structure and we'll confirm the total in writing before you commit. Payment and refund terms are in our terms of service.
Questions about the price
How much does it cost to register a company in Latvia?
Our fee is €300 + VAT for a standard or small-capital SIA, and it includes the base state registration fee. A legal address is from €200 + VAT per year. Each person beyond the first (an owner or a board member, counted once even if someone is both) adds €50 + VAT, and each company in the ownership chain adds €100 + VAT for the ownership-chain check.
Are there costs on top of your fee?
The costs listed under "What else you might pay" on this page: the state fee for one-day registration, a state fee that has to be paid again if a Register deadline is missed, the notary's fee if you choose document forwarding, and the signing service and your bank's fees, which you pay directly. The share capital is your own money, paid into your company's account, and it is not a fee. We confirm each amount we invoice in writing before we incur it.
Are your prices with VAT?
No. Every price on this site is in euros and excludes VAT, which is added where applicable. We confirm the full amount, VAT included, in writing before you pay.
What does the formation fee cover?
The €300 + VAT fee covers identity and compliance checks, drafting the founding documents, arranging the online signing, guidance on the bank account for the share capital, and submission to the Register of Enterprises with follow-up. It also includes the base state registration fee, so you do not pay that separately.
Does the price depend on how many owners there are?
Yes. Each person beyond the first adds €50 + VAT, whether an owner or a board member, and someone who is both counts once. More people means more identity and compliance work. One owner who is also the only board member is the base case, at the fee shown above.
What if one of the owners is a company?
A company as an owner needs us to check who stands behind it. That ownership-chain check adds €100 + VAT for each company in the chain. Only a standard SIA can have a company as an owner. A small-capital SIA is limited to individuals, so this does not apply there.
How do I pay?
By bank transfer in euros against an invoice, in advance. We send the invoice once we have agreed the scope and the total in writing, so you know the amount before you pay. There is no online card checkout on this site. Our terms set out cancellation, refunds and liability, and you can read them on the terms page.
Is the calculator a final quote?
It is an estimate built from the same prices as this page. For unusual structures we quote in writing. Whatever the calculator shows, we confirm the final amount in writing before you pay, so you can compare the two.
Related pages
Want an exact quote?
Tell us who the owners and board members will be. We reply in writing, in English.
- Published prices
- Signed online, no notary
- Professional liability insured