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
Bearer shares allowed	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.

Latvia Joint Stock Company

Latvia Offering