Key facts
- Region
- Europe / EU
- Corporate tax
- 0/20%
- VAT
- 21%
- Currency
- EUR
- Time zone
- EET
- Language
- Latvian
Key advantages
- 0% tax on retained earnings.
- 20% only on distributed dividends.
- EU + euro.
- Fast digital incorporation.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| SIA | Limited liability company | 0/20% | 21% | €2,800 | 1–2 weeks | SMEs, holding |
Frequently asked questions
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Company type· Latvia
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Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.
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