Legal assistance to support business

The JKS Legal advice team assists clients not only in starting a business in Latvia by establishing a company and obtaining all necessary permits and licenses, registering for VAT, and trademark registration, but also in managing an existing business by making various changes in the commercial register and providing various consultations, including on labor law issues.

Services offered:

01

Establishment of a company (SIA, AS), a representative office of a foreign company in Latvia

  • Provision of legal advice and preparing documents for establishing a company in Latvia;
  • Establishment of small capital LLC (Limited liability company with no minimum capital requirement);
  • Establishment of a representative office of a foreign company.
02

Liquidation of a company (SIA, AS), a representative office of a foreign company in Latvia

  • Provision of legal advice and preparing documents for company liquidation;
  • Legal assistance in settling issues with the State Revenue Service, for company liquidation.
03

Reorganization of a company (SIA, AS)

  • Provision of legal advice in the most suitable form of company reorganization depending on the client's desired result;
  • Preparation of documents for the company's reorganization process, including the preparation of the reorganization agreement, reorganization prospectus;
  • Legal assistance in settling issues with the State Revenue Service, for company reorganization.
04

Preparation of all types of documents for making changes in a company (for submission to the commercial register)

  • Change of the company's shareholders or the board;
  • Change of the company's shareholders due to inheritance of capital shares;
  • Change of the company's shareholders due to the sale of capital shares;
  • Changes in the composition of the company's council;
  • Change of the company's legal address;
  • Increase of the company's share capital (equity)/ reducing of the company's share capital (equity);
  • Amendments to the company's articles of association;
  • Change of the company's name;
  • Issuance/termination of the company's procuration;
  • Changes in the information about the beneficial owners.
05

Obtaining various permits and licenses

  • Food and Veterinary Service;
  • State Environmental Service;
  • State Revenue Service;
  • Register of Construction Merchants;
  • Road Transport Directorate;
  • etc.
06

Trademark registration

  • Provision of legal advice in trademarks available for registration and the trademark registration process;
  • Preparation of documents for Latvian, European Union, or international trademark registration.
07

Preparation of different types of power of attorney

  • Preparation of power of attorney to represent the company in various State and Municipal institutions, Latvijas Pasts;
  • Preparation of power of attorney text for signing abroad;
  • Preparation of a power of attorney to represent the interests of a company's shareholder in Latvia, if the company's shareholder is located abroad.
08

Providing legal advice and preparing documents on labor law issues

  • Development of the employment contract form according to the specifics of the company's operation;
  • Preparation of agreement on amendments to the employment contract;
  • Preparation of documents for hiring an employee;
  • Preparation of documents for employee dismissal;
  • Representing the employer's interests in court in a dispute with an employee;
  • Providing legal advice on labor law issues;
  • Audit and arrangement of labor law documents in the company;
  • Preparation of documents for employment of a foreigner - for obtaining a work permit;
  • Representation of the company's interests at the Labor Inspectorate, in case of disputes or inspections by the Labor Inspectorate.
09

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FAQ

Frequently Asked Questions

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1

What is Limited liability company (SIA) with no minimum capital requirement?

Limited liability company (SIA) with no minimum capital requirement is an SIA whose share capital (equity) is from 1 to 2799 EUR.

2

How fast can an LLC (SIA) be liquidated?

If the LLC (SIA) has no debts, it can be liquidated within 1.5 - 2 months.

3

Does the power of attorney issued by the company have to be notarized?

No, the power of attorney issued by the company does not need to be notarized. It must be signed by the board of the company.

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