Start in Latvia

Standard SIA

Form a standard SIA in Latvia, remotely

An SIA (sabiedrība ar ierobežotu atbildību) is Latvia's limited liability company (LLC). We prepare the paperwork, you sign online, and we register it for you.

€300 + VAT base fee, state registration fee included. See what is charged separately.

Message us on WhatsAppOther ways to reach us
A key with a tag reading SIA: a Latvian company, formed remotely, for owners who are individuals or companiesSIAremoteIndividualsCompaniesMin. share capitalEUR 2,800

Who a standard SIA suits

A standard SIA is the default choice. It is the one to pick when:

A company is an owner

One of the owners is a company rather than a person.

Several owners

You expect more than a handful of owners.

Fewer extra rules

You would rather not take on what a small-capital SIA adds: a reserve from yearly profit and extra liability for the owners while the capital is low.

Owners outside the small-capital rules

A small-capital SIA is open only to individuals, with at most five owners, and every board member has to be an owner (Komerclikums, Article 185.¹). If that does not fit, the standard SIA is the route.

Not sure which fits? Tell us who the owners will be and we'll say which route works, in writing. Write to us.

What's included

Identity and compliance checks, the founding documents, remote signing with a qualified electronic signature, guidance on the temporary bank account, submission to the Register of Enterprises with all communication with it, and the base state registration fee.

What the standard SIA fee of EUR 300 + VAT covers, and what you pay directly to others.In our fee€300 + VATPaid by you directlyNever through usIdentity and compliance checksDrafting of the founding documentsBank account guidanceAll communication with the RegisterBase state registration feeShare capital, at least €2,800Qualified signature serviceBank feesNotary (document forwarding only)The share capital is your own money, not a fee.
What the standard SIA fee of EUR 300 + VAT covers, and what you pay directly to others.In our fee€300 + VATIdentity and compliance checksDrafting of the founding documentsBank account guidanceAll communication with the RegisterBase state registration feePaid by you directlyShare capital, at least €2,800Qualified signature serviceBank feesNotary (document forwarding only)The share capital is your own money, not a fee.
Minimum share capital€2,800

Paid in by the owners into the company's bank account. It is your money, not a fee (Komerclikums, Article 185).

The bank opens the account and makes its own decision. We can advise, but we can't open it for you or speed it up.

What you sign, and what you receive

What you sign

Usually five documents. Each is one document in Latvian and English, and you sign them online with a qualified electronic signature. There is no notary and no trip to Latvia. If you do not yet have a qualified signature, we tell you which route works for your country before you pay for anything.

What you receive

The Register of Enterprises sends its decision to you by email, directly and independently of us. If you ordered a legal address, the company has it from the start. If you want, our own accounting service, Balansis, can take over the bookkeeping.

What you sign and what you receive: you sign the founding documents online with a qualified electronic signature, we submit them to the Register of Enterprises, and the Register sends its decision to you by email.You sign onlineQualified e-signatureWe submitTo the Register of EnterprisesYou receive the decisionBy email, from the Register
What you sign and what you receive: you sign the founding documents online with a qualified electronic signature, we submit them to the Register of Enterprises, and the Register sends its decision to you by email.You sign onlineQualified e-signatureWe submitTo the Register of EnterprisesYou receive the decisionBy email, from the Register

Questions about a standard SIA

Can a company own my SIA?

Yes, a standard SIA can be owned by people, by companies, or by a mix. When the owner is another company we have to check who stands behind it. The ownership-chain check is priced on the pricing page. Working out who ultimately owns and controls the company through several levels is easy to get wrong, so we do it with you. More on existing companies as owners. A small-capital SIA works differently and is limited to individuals.

Is the state registration fee included in your price?

Yes, our fee includes the base state registration fee. A one-day review has its own, higher state fee, which is charged at cost on top as a separate line, and we confirm the total in writing before you pay. The details are on the pricing page.

Can I be the only owner and the only board member (director)?

Yes. A standard SIA can be owned by one person, who can also be its only board member. That is the simplest case and the one our base fee is built around. Each person beyond the first, an owner or a board member and counted once if someone is both, adds €50 + VAT.

Do I need a legal address?

Your SIA is registered at a legal address in Latvia. If you do not have one of your own, we provide it as a separate service from €200 + VAT per year, minimum one year. See the legal address page.

Why do you run identity and anti-money-laundering checks?

As a provider of company formation services we are covered by Latvia's anti-money-laundering law, so we check who the owners and board members are before we start working together, as the law requires before a business relationship begins (Article 11(1)). It usually takes about a day, and it needs a qualified electronic signature to confirm identity. See how it works.

Related pages

Ready to start?

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

Message us on WhatsAppOther ways to reach us
  • Published prices
  • Signed online, no notary
  • Professional liability insured