Establishing a Latvia subsidiary is one of the most important steps in your expansion. You need a registered entity before you can hire employees, establish a payroll, and give out benefits and compensation. However, it can take months and substantial resources to set up a Latvia subsidiary.
G-P can help you start working faster. You won’t have to set up your own Latvia subsidiary because you can leverage our EOR solutions. You also won’t have to worry about Latvia’s subsidiary laws because we’ll manage all compliance matters for you.
How to set up a Latvia subsidiary
Before you set up a subsidiary in Latvia, you need to find the best location and the best entity for your company. Different cities or regions can have different Latvia subsidiary laws to follow. 如果您不熟悉拉脫維亞的地區,我們建議您與專業顧問合作,以協助您找到最友善的註冊地點。
接下來,您需要看看您可以納入的不同實體。 拉脫維亞將允許您合併為多個結構之一,包括有限責任公司 (LLC)、聯合股票公司、分支機構或代表辦公室。 每個拉脫維亞子公司都有自己的法律、時間和限制。 選擇正確的實體將改變您在拉脫維亞公司可以做和不可以做的事。
將您的拉脫維亞子公司設定為 LLC 的步驟包括:
- Choosing a unique company name that contains only Latin or Latvian letters.
- Drafting Articles of Association and the Memorandum of Association.
- Depositing minimum capital into your company’s in-country bank account.
- Registering the subsidiary with the Commercial Register.
- Registering for VAT purposes depending on your company’s commercial activities.
- Obtaining any special permits and licenses that may apply to your industry.
Latvia subsidiary laws
Many companies incorporate as an LLC because its Latvian subsidiary laws are favorable for international companies. 然而,您仍然必須遵守許多法律才能保持合規。 For example, you’ll need at least 1 shareholder and 1 director who can be of any nationality. Total minimum share capital can be no less than EUR 2,800, and you need to deposit at least 50% when you register your subsidiary.
If you meet 2 out of 3 criteria below, your Latvia subsidiary will need to go through an audit:
- Over EUR 800,000 in annual turnover
- Over EUR 400,000 in assets
- 年度25員工平均數
Benefits of setting up a Latvia subsidiary
Although it can take weeks or months to set up your Latvia subsidiary, you’ll get the benefit of working in the country. LLC 也將保護您的子公司和母公司,並允許他們獨立營運。 您的母公司不必擔心子公司的罰款或訴訟,您的子公司將有機會選擇自己的結構。
However, you won’t realize these benefits until you spend months setting up your Latvia subsidiary. Instead, G-P can provide the same benefits and more. As a global Employer of Record (EOR), we’ll help you start working in as little as a day, and you won’t have to worry about Latvia’s subsidiary laws.
其他重要考量
If you decide to register your own subsidiary instead of working with a global EOR, you’ll need time, money, and an expert to succeed. It usually takes at least 4 weeks to establish an LLC, and you’ll need to travel back and forth to Latvia during that time.
如果您沒有拉脫維亞子公司法律專家,建立子公司需要更多時間和金錢。 嘗試尋找律師、會計師或顧問,協助您在整個過程中保持合規。
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