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A foreign company is registered on your address – what to do?
...of Enterprises. Based on the foregoing, the Register of Enterprises shall not be entitled, upon application of the owner of real estate or on its own initiative to make entries...
Important changes in the Latvian tax legislation in 2018
...income tax; a general tax rate of 20% is introduced for capital income, including capital gains (currently 10% and 15%); in case of alienation of non-residents’ real estate to a...
Issuance of residence permits to citizens of Russia and Belarus has been suspended
...again on the basis of investments (in the authorized capital of a Latvian company, in real estate, in a credit institution), but the object of investment has changed. In addition...
Residence permit in Latvia. Questions and answers
...Yes, sure. “Riga Resident’s Card” can be obtained by all residents of Riga (i.e. those having declared their residence in Riga or persons who own a real estate in Riga),...
The account maintenance agreement stipulates the bank’s right to close the account if the internal control system of the client who is the subject of the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing, does not comply with legal requirements. Is the company selling building supplies a subject of the Law?
...lawyers (in specific cases specified by law);5) providers of establishment and operation of legal arrangement or legal person;6) intermediaries in real estate transactions;7) organisers of lotteries and gambling;8) cash collectors;9)...
What a member of the board needs to know to reduce his/her responsibility
...himself against, namely to make an assessment of the real estate, obtain the opinion of specialists and assessment of experts, to document the course of the board meetings. In the...
Obtaining inheritance
...and to the bank; registration of the heir’s rights on the basis of the received inheritance certificate (ownership of land and water vehicles, real estate, shares of equity capital of...
Assistance in the development of documents in connection with the NILLTPFN law
...are financial institutions, accounting and auditing companies, tax consultants, lawyers (in some cases), real estate brokers, persons providing business support services (for example, providing a legal address), vehicle dealers, companies...
I would like to start my own business. Please could you tell me what type of the following business entities would be the most suitable for starting a business: Individual merchant, Limited Liability company or Joint-stock company?
...the company only with the invested funds and in the worst case with the company, but shareholder’s private property (such as real estate, cars, shares in other legal entities) is...
Residence permit in Latvia on all grounds provided by law
...purchase of a real estate in the amount of at least 250,000 euros; c. investments in subordinated capital of a credit institution in the amount of at least 280,000 euros;...