Latvia

Limited Liability Company (SIA) (SIA)

A Latvian limited company with a bank that opens accounts by video.

How it is taxed

0% tax on retained profits; 20% when profits are paid out.

Can non-residents own it?

Owners can live anywhere with a Latvian-recognised e-signature.

Who it suits

  • Online businesses
  • EU trading
  • Services

Allowed name endings

Your company name must end with one of these: SIA