At House of Companies, we offer comprehensive support for your branch registration needs in Latvia. Our services are designed to simplify the process, ensure compliance, and accelerate your market entry.

Our Comprehensive Range of Services
 

1. Initial Consultation and Strategy Planning (Price: €600)

• Business Evaluation: We begin by analyzing your business goals and requirements.

• Understanding Regulations: We provide an overview of the relevant Latvian business regulations.

• Customized Strategy: We create a tailored strategy for your branch registration process.

2. Branch Type Evaluation (€850)

• PE vs Non-PE Assessment: We assess whether your branch qualifies as a Permanent Establishment.

• Tax Implication Review: We provide an in-depth analysis of the tax consequences for each branch type under Latvian law.

• Compliance Roadmap: We outline the ongoing compliance obligations for your branch, based on its type.

3. Document Preparation and Translation (€1,500)

• Personalized Document Checklist: We create a tailored list of documents required for your registration.

• Detailed Document Review: We ensure all prepared documents meet the necessary standards.

• Certified Translations: We professionally translate all documents to meet legal requirements.

• KYC Assistance: We guide you through the preparation of Know Your Customer (KYC) documentation.

Price: Starting from €1,200 (depends on document volume and complexity)

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4. Form Completion and Submission (€1,000)

• Form Accuracy: We complete all required forms for the Latvian Commercial Register (Uzņēmumu reģistrs) with precision.

• Legal Verification: Our legal team reviews all forms to ensure full compliance.

• Submission Management: We handle the entire submission process with the relevant Latvian authorities.

• Progress Updates: We provide regular updates on the status of your application.

• Liaison with Authorities: We communicate directly with Latvian authorities on your behalf.

5. Tax Registration and Compliance Setup (€1,300)

• Tax Number Registration: We manage the process of obtaining your Latvian VAT number.

• VAT Registration: We assist with VAT registration, which is mandatory for branches in Latvia.

• Corporate Tax Advice: We offer expert guidance on your corporate tax responsibilities in Latvia.

• Tax Calendar: We help establish a compliance calendar to manage your tax obligations.

6. Bank Account Opening Assistance (€700)

• Bank Recommendations: We suggest the best Latvian banks for your business needs.

• Application Support: We help you with the required documentation for opening your business account.

• AML Compliance: We provide guidance to ensure your account opening complies with Latvian Anti-Money Laundering (AML) regulations.

7. Ongoing Compliance Support (Annual Service)

• Annual Reporting: We assist with preparing and filing your required annual financial reports.

• Tax Filing Support: We help you maintain compliance with ongoing tax filing obligations in Latvia.

• Regulatory Updates: We keep you informed about any changes to applicable Latvian laws and regulations.

• Compliance Audits: We conduct an annual review to ensure your branch remains in compliance with Latvian regulations.

Price: Starting from €2,500 per year