Valsen Corporate

Latvia Joint Stock Company

  • This type of entity can be incorporated by having one shareholder and one Director and they can be of any nationality, However if the company is publically listed three directors will be appointed.

    Key Features of Latvia Joint Stock Company (AS)

    Latvia Joint Stock Company

    Corporate Details

    General
    • Type of Entity

    Joint Stock Company (AS)
    • Registered Office in Latvia

    Yes
    • Shelf company availability

    No
    • Our time to establish a new company

    5 weeks
    • Corporate tax

    15%
    • Access to Double Taxation Treaties

    Yes

    Share capital or equivalent
    • Standard currency

    Euro
    • Permitted currencies

    Any
    • Minimum paid up

    35,000 EUROS
    • Usual authorized

    No
    • No par value shares allowed

    No

    Directors
    • Minimum number

    One
    • Local required

    No
    • Publicly accessible records

    Yes
    • Location of meetings

    Anywhere
    • Corporate directorship allowed

    Yes

    Shareholders
    • Minimum number

    One
    • Publicly accessible records

    Yes
    • Corporate shareholder allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    No
    • Local or qualified

    No

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    Yes
    • Requirements to file accounts

    Yes
    • Publicly accessible accounts

    Yes

    Other
    • Requirement to file annual return

    Yes
    Tax treatment Corporate tax for a Latvia Joint Stock Company (AS) is 15%. Duration for set up of the company Five weeks. Distinctive Advantages of Latvia Joint Stock Company (AS)
    • Nominee Services are permissible
    • The Latvia has numerous Double Taxation treaties
    • Access to various trade markets in the European Union (EU)
    • A Limited company legitimizes itself for many business activities
    • Business expenses can be claimed against tax
    The Valsen Advantage
    • Speedy, Efficient and consistent Services.
    • Relentless effort to obtain bank accounts.
    • Expert advice on structuring options.
    • Dedicated ongoing compliance support.