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Latvia AS vs SIA

AS is a legal entity in Latvia; its full name is akciju sabiedrība. It is a type of company with combined capital and limited liability. AS can participate in the market publicly, with a minimum requirement of one shareholder and one director. Unlike legal entities in other countries/regions, AS does not require a designated legal representative, local directors, or a company secretary. The minimum registered capital is 25,000 euros, and no capital verification is required. Overall, AS is a flexible and convenient legal entity suitable for businesses looking to operate in Latvia.
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LatviaFlag of LatviaLatvia

Latvia Legal Entity Comparison

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Basic Information

Flag of LatviaAS
Flag of LatviaSIA
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Positive
Publicly Participates In Capital Market:
Negative

Shareholder / Director / Secretary Requirements

Flag of LatviaAS
Flag of LatviaSIA
Requirements For Shareholders:
At least one
Requirements For Shareholders:
At least one
Requirements For Directors:
At least one
Requirements For Directors:
At least one
Legal Representative Not Mandatory:
Positive
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive

Registered Capital Requirement

Flag of LatviaAS
Flag of LatviaSIA
Minimum Registered Capital Requirement:
25,000 euros
Minimum Registered Capital Requirement:
1. Starting from 2800 euro.
Capital Injection Not Required:
Negative
Capital Injection Not Required:
Negative
Capital Injection Requirement:
The whole share capital is paid before the registration application is filed; cash goes into a payment account in the company's name.

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TKEG Expat™ (DE) General Latvia Incorporation Service

TKEG Expat™ (DE) General Latvia Incorporation Service

TKEG Expat™ (DE) Overseas Company Incorporation, Accounting, and Consulting Services

  • TKEG Expat™ (DE) Corporate Services - Latvia Company Registration (SIA)
    Flag of Latvia
    LV
    Latvia
    CI - Company Incorporation

    Latvia Company Registration (SIA)

    From EUR 1,700.00 / Company
    Product Valid: Positive
    Applicant Must Be Present: no
    Applicable country/region
    LV - Latvia
    Learn MoreLatvia Company Registration (SIA)

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