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.
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Limited liability company (SIA) with no minimum capital requirement is an SIA whose share capital (equity) is from 1 to 2799 EUR.
If the LLC (SIA) has no debts, it can be liquidated within 1.5 - 2 months.
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.