{"id":4661,"date":"2026-06-03T04:20:13","date_gmt":"2026-06-03T04:20:13","guid":{"rendered":"https:\/\/kryno.global\/company-registration\/latvia\/"},"modified":"2026-08-25T08:08:11","modified_gmt":"2026-08-25T08:08:11","slug":"latvia","status":"publish","type":"page","link":"https:\/\/kryno.global\/en\/company-registration\/latvia\/","title":{"rendered":"Latvia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4661\" class=\"elementor elementor-4661 elementor-408\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-653621b e-flex e-con-boxed e-con e-parent\" data-id=\"653621b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9c74cbd e-con-full e-flex e-con e-child\" data-id=\"9c74cbd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16c06c9 elementor-widget elementor-widget-ucaddon_breadcrumbs_widget\" data-id=\"16c06c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_breadcrumbs_widget.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Breadcrumbs -->\n\t\t<link id='font-awesome-css' href='https:\/\/kryno.global\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/kryno.global\/wp-content\/plugins\/unlimited-elements-for-elementor-premium\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Breadcrumbs *\/\n\n#uc_breadcrumbs_widget_elementor_16c06c9 .uc-breadcrumbs-list {\n  margin: 0;\n  padding: 0;\n  display: flex;\n  flex-wrap: wrap;\n}\n#uc_breadcrumbs_widget_elementor_16c06c9 .uc-breadcrumbs-list li {\n  display: flex;\n  align-items: center;\n  list-style-type: none;\n}\n#uc_breadcrumbs_widget_elementor_16c06c9 .uc-item-title {\n    position: relative;\n    display: inline-flex;\n    justify-content: center;\n    align-items: center;\n}\n#uc_breadcrumbs_widget_elementor_16c06c9 .uc-item-title-inner{\n  display: flex;\n  align-items: center;\n}\n\n\n\n\n\n\n\n<\/style>\n\n\n    \t\n            <div id=\"uc_breadcrumbs_widget_elementor_16c06c9\" class=\"uc-breadcrumbs\">\n            <ul class=\"uc-breadcrumbs-list default\">\n                                                            <li class=\"uc-breadcrumb-item\">\n                            <a href=\"https:\/\/kryno.global\/en\/\" class=\"uc-item-title\">\n                              <span class=\"uc-item-title-inner\">\n                                                                                                Home\n                              <\/span>\n                            <\/a>\n                                                    <\/li>              \t\t    \n                                                <\/ul>\n        <\/div>\n\n            \n<!-- end Breadcrumbs -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68922e8 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"68922e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9217586 e-con-full e-flex e-con e-child\" data-id=\"9217586\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-effae12 e-con-full e-flex e-con e-child\" data-id=\"effae12\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0bcc5c5 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"0bcc5c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Company formation in Latvia<span style=\"color:#8A8FA3\"> \u2014 a European structure for international business<\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1598fc elementor-widget-tablet__width-initial elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"b1598fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Latvia suits entrepreneurs working with EU clients and partners and developing IT projects, international trade or logistics. You receive a Latvian SIA that can settle in euros and retain profits in the business without corporate tax until distribution.<\/p><p>The KRYNO team supports the process from structure selection and document preparation to account opening, VAT registration and ongoing reporting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dbe3e93 e-con-full elementor-hidden-desktop e-flex e-con e-child\" data-id=\"dbe3e93\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-100ff2f e-con-full e-flex e-con e-child\" data-id=\"100ff2f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-db0ce18 elementor-widget elementor-widget-image\" data-id=\"db0ce18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"951\" src=\"https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-1024x951.png\" class=\"attachment-large size-large wp-image-4662\" alt=\"\" srcset=\"https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-1024x951.png 1024w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-300x279.png 300w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-768x713.png 768w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1.png 1138w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5511961 e-con-full e-flex e-con e-child\" data-id=\"5511961\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7e131d5 elementor-widget-tablet__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7e131d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Latvia suits entrepreneurs working with EU clients and partners and developing IT projects, international trade or logistics. You receive a Latvian SIA that can settle in euros and retain profits in the business without corporate tax until distribution.<\/p><p>The KRYNO team supports the process from structure selection and document preparation to account opening, VAT registration and ongoing reporting.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-161045e e-con-full e-flex e-con e-child\" data-id=\"161045e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c32f4c0 elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"c32f4c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6MzM1OSwidG9nZ2xlIjpmYWxzZX0%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Free consultation<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8bd59c elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"b8bd59c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/t.me\/kryno_global\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-telegram-plane\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M446.7 98.6l-67.6 318.8c-5.1 22.5-18.4 28.1-37.3 17.5l-103-75.9-49.7 47.8c-5.5 5.5-10.1 10.1-20.7 10.1l7.4-104.9 190.9-172.5c8.3-7.4-1.8-11.5-12.9-4.1L117.8 284 16.2 252.2c-22.1-6.9-22.5-22.1 4.6-32.7L418.2 66.4c18.4-6.9 34.5 4.1 28.5 32.2z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Write to Telegram<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-009f6f6 elementor-icon-list--layout-inline elementor-hidden-mobile elementor-tablet-align-center elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"009f6f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">3\u20137 days<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">0% tax<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">free 30-minute consultation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67fdb27 elementor-hidden-desktop elementor-hidden-tablet elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"67fdb27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">3\u20137 days<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">0% tax<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">free 30-minute consultation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-94afdcc e-con-full elementor-hidden-tablet elementor-hidden-mobile e-flex e-con e-child\" data-id=\"94afdcc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6682354 elementor-widget elementor-widget-image\" data-id=\"6682354\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"951\" src=\"https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-1024x951.png\" class=\"attachment-large size-large wp-image-4662\" alt=\"\" srcset=\"https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-1024x951.png 1024w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-300x279.png 300w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1-768x713.png 768w, https:\/\/kryno.global\/wp-content\/uploads\/2026\/06\/latviya-1.png 1138w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-61b365b e-flex e-con-boxed e-con e-parent\" data-id=\"61b365b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b208be0 elementor-widget elementor-widget-heading\" data-id=\"b208be0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Facts about forming a <span style=\"color:#8A8FA3\"> companies in Latvia<\/span><\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ee6de08 e-grid e-con-full e-con e-child\" data-id=\"ee6de08\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-3b46387 e-con-full e-flex e-con e-child\" data-id=\"3b46387\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-8bc3d4f e-con-full e-flex e-con e-child\" data-id=\"8bc3d4f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f73b9e3 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"f73b9e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-legal-entity-type\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-edf5663 elementor-widget elementor-widget-heading\" data-id=\"edf5663\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Legal entity type<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce2e8ae elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"ce2e8ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tSIA \u2014 Sabiedr\u012bba ar ierobe\u017eotu atbild\u012bbu, a limited liability company\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f9672e8 e-con-full e-flex e-con e-child\" data-id=\"f9672e8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-bcc8995 e-con-full e-flex e-con e-child\" data-id=\"bcc8995\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0626586 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"0626586\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-share-capital\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e8f925 elementor-widget elementor-widget-heading\" data-id=\"8e8f925\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Minimum share capital<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3424265 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"3424265\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>\u20ac2,800 for a standard SIA; \u20ac1 to \u20ac2,799 for a reduced-capital SIA, subject to prescribed restrictions<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0eff47d e-con-full e-flex e-con e-child\" data-id=\"0eff47d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-6dc9b3d e-con-full e-flex e-con e-child\" data-id=\"6dc9b3d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-70687f4 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"70687f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-registration-period\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bd8501 elementor-widget elementor-widget-heading\" data-id=\"2bd8501\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Formation timeframe<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd1da78 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"cd1da78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Approximately 3\u20137 business days, including preparation and filing; the Enterprise Register&#8217;s official review period is 1\u20133 business days.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b13baaa e-con-full e-flex e-con e-child\" data-id=\"b13baaa\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-be6d44c e-con-full e-flex e-con e-child\" data-id=\"be6d44c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6261a56 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"6261a56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-banking\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d2f132 elementor-widget elementor-widget-heading\" data-id=\"3d2f132\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Corporate income tax<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b024178 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"b024178\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>0% on reinvested profit; 20% of the grossed-up tax base upon actual or deemed profit distribution, effectively 25% of the net dividend amount.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-829df3a e-con-full e-flex e-con e-child\" data-id=\"829df3a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-0f75fe3 e-con-full e-flex e-con e-child\" data-id=\"0f75fe3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-607f854 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"607f854\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-vat-document\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f5ba023 elementor-widget elementor-widget-heading\" data-id=\"f5ba023\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">VAT<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7ebe42 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"b7ebe42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The standard rate is 21%; registration is mandatory after \u20ac50,000 in turnover, although certain transactions require VAT earlier.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d81411f e-con-full e-flex e-con e-child\" data-id=\"d81411f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-2a50208 e-con-full e-flex e-con e-child\" data-id=\"2a50208\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60484c5 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"60484c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-personal-presence\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73c8148 elementor-widget elementor-widget-heading\" data-id=\"73c8148\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Personal presence in the country<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0033133 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"0033133\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Generally not required if documents are signed with a qualified electronic signature recognised in Latvia or duly certified.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4869122 e-con-full e-flex e-con e-child\" data-id=\"4869122\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a9ecc9f e-con-full e-flex e-con e-child\" data-id=\"a9ecc9f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9833e3f elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"9833e3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-document-language\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f216b5c elementor-widget elementor-widget-heading\" data-id=\"f216b5c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Languages used for documentation<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d90b3e elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"5d90b3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Latvian; documents in other languages are submitted with a translation if required by the register or another institution.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-515c565 e-con-full e-flex e-con e-child\" data-id=\"515c565\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-e251506 e-con-full e-flex e-con e-child\" data-id=\"e251506\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a42c2a4 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"a42c2a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-eu-schengen-member\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87687e5 elementor-widget elementor-widget-heading\" data-id=\"87687e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">EU \/ Schengen Area member<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af8f753 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"af8f753\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Yes \/ Yes<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c75200d e-flex e-con-boxed e-con e-parent\" data-id=\"c75200d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-3083a09 e-con-full e-flex e-con e-child\" data-id=\"3083a09\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1dbd38e elementor-widget elementor-widget-heading\" data-id=\"1dbd38e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why entrepreneurs choose Latvia<span style=\"color:#8A8FA3\"> for company formation<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a7afab3 e-con-full e-flex e-con e-child\" data-id=\"a7afab3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54593e0 elementor-widget elementor-widget-ucaddon_content_accordion\" data-id=\"54593e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_content_accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Content Accordion -->\n\n<style>\/* widget: Content Accordion *\/\n\n\n\n#uc_content_accordion_elementor_54593e0 *{\n  box-sizing: border-box;\n}\n\n#uc_content_accordion_elementor_54593e0 .ue_heading_title{\n  margin:0;\n  flex-grow:1;\n  display:flex;\n  flex-direction:row;\n}\n\n#uc_content_accordion_elementor_54593e0 .uc_container .uc-heading{\n\tdisplay:flex;\n    align-items:center;\n\toverflow:hidden;\n\tcursor:pointer;  \n}\n\n#uc_content_accordion_elementor_54593e0 .uc_container .uc_content{\n    display:none;\n}\n\n#uc_content_accordion_elementor_54593e0 .uc_container .uc-heading span.ue_accordion_icon{\n\tdisplay:flex;\n    align-items:center;\n   \tjustify-content:center;\n    flex-grow:0;\n    flex-shrink:0;\n}\n\n#uc_content_accordion_elementor_54593e0 .uc_ac_box.uc-item-active span.uc_dactive{\n\tdisplay:none;\n}\n\n#uc_content_accordion_elementor_54593e0 .uc_ac_box:not(.uc-item-active) span.uc_active{\n\tdisplay:none;\n}\n\n#uc_content_accordion_elementor_54593e0 span.ue_accordion_icon svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_content_accordion_elementor_54593e0 .uc_container .uc_btn {\n    text-align: center;\n    display: inline-block;\n    text-decoration: none;\n    transition: ease-in-out all 0.25s;\n}\n\n#uc_content_accordion_elementor_54593e0 .ue-item-image img{\n  width:100%;\n  display:block;\n  object-fit:cover;\n}\n\n<\/style>\n\n<div class=\"uc_material_accordion  \"  id=\"uc_content_accordion_elementor_54593e0\"  data-name=\"\" data-scroll=\"off\" data-offset=\"0\" data-closeothers=\"true\" data-set-hash=\"false\" data-transition-duration=\"400\" >\n  <div class=\"uc_container uc-items-wrapper\">\n    \n\n\t\t\n\n\n<div id=\"#ue-tab1\" class=\"uc_ac_box elementor-repeater-item-a0830d0 uc-item-active\" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Share capital from \u20ac1<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" style='display:block'>\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>A standard SIA requires \u20ac2,800 in share capital. The law also allows a reduced-capital company with \u20ac1 to \u20ac2,799. This format has restrictions on the number and status of founders, the management board and owners' participation in other reduced-capital companies. It is not suitable for every business but can reduce initial costs for a small project with a simple structure.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab2\" class=\"uc_ac_box elementor-repeater-item-f9b42d1 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">0% on retained profit<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>A Latvian company pays no corporate tax on profits retained and used for business growth. Tax arises when dividends are paid or expenses are treated as profit distributions. Funds can therefore be used for marketing, hiring, product development or equipment without prior corporate tax.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab3\" class=\"uc_ac_box elementor-repeater-item-1a422a2 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">A company within the EU legal framework<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>An SIA is a fully fledged company of an EU Member State. It may contract with European counterparties, obtain a VAT number, settle in euros and use EU cross-border trade rules. This matters to businesses requiring a legal presence in the European market, not merely a foreign company.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab4\" class=\"uc_ac_box elementor-repeater-item-d0aa956 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">A clear corporate form<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>An SIA is similar in legal nature to a Ukrainian LLC. Members' liability is limited to their capital contributions, and the company may have one founder and one board member. Both may be non-residents, but ultimate beneficial owners must be disclosed and a registered office in Latvia provided during incorporation.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab5\" class=\"uc_ac_box elementor-repeater-item-1f53813 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Access to Baltic and Northern European markets<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>Latvia lies between Lithuania and Estonia and has seaports and road and rail links with other EU countries. Latvian companies are therefore often considered for international trade, logistics, import, export and distribution. For businesses targeting the Baltic or Northern European markets, this may be more practical than a jurisdiction far from the core market.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n  <\/div>\n<\/div>\n<!-- end Content Accordion -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-db55e6d e-flex e-con-boxed e-con e-parent\" data-id=\"db55e6d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a87cc73 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"a87cc73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company formation in Latvia<span style=\"color:#8A8FA3\"> \u2014 who this solution is for\n<\/span><\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3ab2d9a e-grid e-con-full e-con e-child\" data-id=\"3ab2d9a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<a class=\"elementor-element elementor-element-29f26d9 e-con-full e-flex e-con e-child\" data-id=\"29f26d9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-dec8a43 e-con-full e-flex e-con e-child\" data-id=\"dec8a43\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aef6f44 elementor-widget elementor-widget-heading\" data-id=\"aef6f44\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">IT companies and SaaS projects<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-edc2ae9 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"edc2ae9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A Latvian SIA suits teams developing software, selling SaaS products or providing IT services to EU clients. Profit may be retained and used for product development, hiring and marketing without corporate tax until distribution.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-e1923b2 e-con-full e-flex e-con e-child\" data-id=\"e1923b2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-6896610 e-con-full e-flex e-con e-child\" data-id=\"6896610\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a07c066 elementor-widget elementor-widget-heading\" data-id=\"a07c066\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Agencies and B2B contractors<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af4fd05 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"af4fd05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Marketing, design and consulting agencies can use a Latvian company to contract with European clients and settle in euros. Where required, the company registers for VAT and follows EU service taxation rules.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-fdfc741 e-con-full e-flex e-con e-child\" data-id=\"fdfc741\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-281651c e-con-full e-flex e-con e-child\" data-id=\"281651c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-313783f elementor-widget elementor-widget-heading\" data-id=\"313783f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">E-commerce businesses\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e9942f0 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"e9942f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A Latvian company may sell through Shopify, Amazon, Etsy and its own online store. Before launch, determine where goods will be stored, where customers are located and whether VAT registration or the OSS scheme is required.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-af52c8d e-con-full e-flex e-con e-child\" data-id=\"af52c8d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-6421dd9 e-con-full e-flex e-con e-child\" data-id=\"6421dd9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ff5904d elementor-widget elementor-widget-heading\" data-id=\"ff5904d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">International trading companies\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cdd2d5a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"cdd2d5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Latvia can serve as a base for importing, exporting and selling goods in Europe. A company can obtain VAT and EORI numbers, operate under EU customs rules and contract with European suppliers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-c4284ac e-con-full e-flex e-con e-child\" data-id=\"c4284ac\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-a5addf7 e-con-full e-flex e-con e-child\" data-id=\"a5addf7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ad3986 elementor-widget elementor-widget-heading\" data-id=\"3ad3986\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Logistics and transport projects<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53b46f3 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"53b46f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The jurisdiction suits freight, warehousing or distribution businesses in the Baltics. Certain transport activities require licences, permits and an actual presence, so regulatory requirements should be checked before incorporation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-cda8f84 e-con-full e-flex e-con e-child\" data-id=\"cda8f84\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-9de63cf e-con-full e-flex e-con e-child\" data-id=\"9de63cf\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e90b096 elementor-widget elementor-widget-heading\" data-id=\"e90b096\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Entrepreneurs planning to reinvest profits\n\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c95af07 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"c95af07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Latvia&#8217;s tax model suits companies that do not plan to distribute all earned profits immediately. If funds remain in the business, corporate tax is not paid until distribution or use for non-business expenses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f6df224 e-flex e-con-boxed e-con e-parent\" data-id=\"f6df224\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-d328883 e-con-full e-flex e-con e-child\" data-id=\"d328883\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-01bba4b e-con-full e-flex e-con e-child\" data-id=\"01bba4b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0e550ed elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"0e550ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">When company formation in Latvia may be<span style=\"color:#8A8FA3\"> not the best solution<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-acea01c e-grid e-con-full e-con e-child\" data-id=\"acea01c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-0ebff86 e-con-full e-flex e-con e-child\" data-id=\"0ebff86\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7afd9ff elementor-widget__width-initial elementor-widget elementor-widget-ucaddon_list\" data-id=\"7afd9ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start List -->\n\n<style>\/* widget: List *\/\n\n\n\n#uc_list_elementor_7afd9ff{\n  display:grid;\n  position:relative;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item{\n  display:flex;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item-title{\n  display:flex;\n  align-items: center;\n} \n\n\n\n#uc_list_elementor_7afd9ff .ue-list-item-image img{\n  max-width:100%;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item-text *{\n  transition: inherit;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item-index{\n  flex-grow:0;\n  flex-shrink:0;\n  display:flex;\n  align-items:center;\n  justify-content:center;\n  line-height:1em;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item-index svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_list_elementor_7afd9ff .ue-list-item-content{\n  flex-grow:1;\n}\n\n.ue_badge{\n  font-size:13px;\n}\n\n<\/style>\n\n<div id=\"uc_list_elementor_7afd9ff\" class=\"ue-list uc-items-wrapper  \"  >\n  <div class=\"ue-list-item elementor-repeater-item-f00dcc6\">  <div class=\"ue-list-item-index\">\n                              <i class='fas fa-times-circle'><\/i>\n                    \n  <\/div>\n  <div class=\"ue-list-item-content\">\n    <h4 class=\"ue-list-item-title\">If you distribute all profits regularly \n                  <\/h4>\n          <div class=\"ue-list-item-text\"><p>The 0% advantage applies only to profits retained in the company. A Latvian company pays corporate tax when dividends are distributed. If the owner plans to withdraw almost all profit monthly or quarterly, the actual tax burden should be compared with Cyprus, Georgia or other jurisdictions.<\/p>\n<\/div>          <\/div>\n<\/div>\n\n<\/div>\n<!-- end List -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-41b2b75 e-con-full e-flex e-con e-child\" data-id=\"41b2b75\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c8771e2 elementor-widget__width-initial elementor-widget elementor-widget-ucaddon_list\" data-id=\"c8771e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start List -->\n\n<style>\/* widget: List *\/\n\n\n\n#uc_list_elementor_c8771e2{\n  display:grid;\n  position:relative;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item{\n  display:flex;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item-title{\n  display:flex;\n  align-items: center;\n} \n\n\n\n#uc_list_elementor_c8771e2 .ue-list-item-image img{\n  max-width:100%;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item-text *{\n  transition: inherit;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item-index{\n  flex-grow:0;\n  flex-shrink:0;\n  display:flex;\n  align-items:center;\n  justify-content:center;\n  line-height:1em;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item-index svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_list_elementor_c8771e2 .ue-list-item-content{\n  flex-grow:1;\n}\n\n.ue_badge{\n  font-size:13px;\n}\n\n<\/style>\n\n<div id=\"uc_list_elementor_c8771e2\" class=\"ue-list uc-items-wrapper  \"  >\n  <div class=\"ue-list-item elementor-repeater-item-f00dcc6\">  <div class=\"ue-list-item-index\">\n                              <i class='fas fa-times-circle'><\/i>\n                    \n  <\/div>\n  <div class=\"ue-list-item-content\">\n    <h4 class=\"ue-list-item-title\">If you need a company without regular administration \n                  <\/h4>\n          <div class=\"ue-list-item-text\"><p>An SIA must keep accounts and file annual financial statements even if it pays no dividends or has minimal activity. A VAT number, employees or related-party transactions increase reporting obligations.<\/p>\n<\/div>          <\/div>\n<\/div>\n\n<\/div>\n<!-- end List -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4e0be0d e-con-full e-flex e-con e-child\" data-id=\"4e0be0d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b3c1006 elementor-widget__width-initial elementor-widget elementor-widget-ucaddon_list\" data-id=\"b3c1006\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start List -->\n\n<style>\/* widget: List *\/\n\n\n\n#uc_list_elementor_b3c1006{\n  display:grid;\n  position:relative;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item{\n  display:flex;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item-title{\n  display:flex;\n  align-items: center;\n} \n\n\n\n#uc_list_elementor_b3c1006 .ue-list-item-image img{\n  max-width:100%;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item-text *{\n  transition: inherit;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item-index{\n  flex-grow:0;\n  flex-shrink:0;\n  display:flex;\n  align-items:center;\n  justify-content:center;\n  line-height:1em;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item-index svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_list_elementor_b3c1006 .ue-list-item-content{\n  flex-grow:1;\n}\n\n.ue_badge{\n  font-size:13px;\n}\n\n<\/style>\n\n<div id=\"uc_list_elementor_b3c1006\" class=\"ue-list uc-items-wrapper  \"  >\n  <div class=\"ue-list-item elementor-repeater-item-51b512f\">  <div class=\"ue-list-item-index\">\n                              <i class='fas fa-times-circle'><\/i>\n                    \n  <\/div>\n  <div class=\"ue-list-item-content\">\n    <h4 class=\"ue-list-item-title\">If the entire business actually operates in another country \n                  <\/h4>\n          <div class=\"ue-list-item-text\"><p>Incorporating an SIA does not by itself move the business's tax presence to Latvia. If its team, office, management, warehouse and clients are in another state, a permanent establishment may arise there or the company may be treated as its tax resident. Incorporating closer to the place of actual operations may then be more appropriate.<\/p>\n<\/div>          <\/div>\n<\/div>\n\n<\/div>\n<!-- end List -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d039c4b e-con-full e-flex e-con e-child\" data-id=\"d039c4b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c84b46b elementor-widget__width-initial elementor-widget elementor-widget-ucaddon_list\" data-id=\"c84b46b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start List -->\n\n<style>\/* widget: List *\/\n\n\n\n#uc_list_elementor_c84b46b{\n  display:grid;\n  position:relative;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item{\n  display:flex;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item-title{\n  display:flex;\n  align-items: center;\n} \n\n\n\n#uc_list_elementor_c84b46b .ue-list-item-image img{\n  max-width:100%;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item-text *{\n  transition: inherit;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item-index{\n  flex-grow:0;\n  flex-shrink:0;\n  display:flex;\n  align-items:center;\n  justify-content:center;\n  line-height:1em;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item-index svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_list_elementor_c84b46b .ue-list-item-content{\n  flex-grow:1;\n}\n\n.ue_badge{\n  font-size:13px;\n}\n\n<\/style>\n\n<div id=\"uc_list_elementor_c84b46b\" class=\"ue-list uc-items-wrapper  \"  >\n  <div class=\"ue-list-item elementor-repeater-item-51b512f\">  <div class=\"ue-list-item-index\">\n                              <i class='fas fa-times-circle'><\/i>\n                    \n  <\/div>\n  <div class=\"ue-list-item-content\">\n    <h4 class=\"ue-list-item-title\">If confidentiality is critical to you \n                  <\/h4>\n          <div class=\"ue-list-item-text\"><p>Latvia follows European transparency and ultimate beneficial owner disclosure rules. Some information about the company, its officers and corporate documents is available through the public register. The jurisdiction is therefore unsuitable for structures intended to conceal the owner or actual control.<\/p>\n<\/div>          <\/div>\n<\/div>\n\n<\/div>\n<!-- end List -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-baefdbe e-flex e-con-boxed e-con e-parent\" data-id=\"baefdbe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-efbb246 elementor-widget elementor-widget-html\" data-id=\"efbb246\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n.kryno-process-latvia,\r\n.kryno-process-latvia * {\r\n  box-sizing: border-box;\r\n}\r\n\r\n.kryno-process-latvia {\r\n  --blue: #1E2952;\r\n  --text: #172345;\r\n  --gray: #8A8FA3;\r\n  --num-bg: #BABECC;\r\n  --num-color: #E9EAEF;\r\n  --line: rgba(31, 46, 92, 0.35);\r\n\r\n  position: relative;\r\n  height: 540vh;\r\n  font-family: \"Montserrat\", sans-serif;\r\n}\r\n\r\n.kryno-process-latvia-sticky {\r\n  position: sticky;\r\n  top: 220px;\r\n  width: 100%;\r\n  background: #fff;\r\n  z-index: 2;\r\n}\r\n\r\n\/* HEADING *\/\r\n.kryno-process-latvia-heading {\r\n  margin: 0 0 56px;\r\n  max-width: 1180px;\r\n  background: #fff;\r\n}\r\n\r\n.kryno-process-latvia-heading h2 {\r\n  margin: 0;\r\n  color: var(--blue);\r\n  font-family: \"Montserrat\", sans-serif;\r\n  font-size: 36px;\r\n  line-height: 1.12;\r\n  font-weight: 700;\r\n  letter-spacing: -0.035em;\r\n  text-transform: uppercase;\r\n}\r\n\r\n.kryno-process-latvia-heading h2 span {\r\n  color: var(--gray);\r\n}\r\n\r\n\/* STAGE *\/\r\n.kryno-process-latvia-stage {\r\n  position: relative;\r\n  min-height: 410px;\r\n}\r\n\r\n\/* PAIR *\/\r\n.kryno-process-latvia-pair {\r\n  position: absolute;\r\n  inset: 0;\r\n\r\n  display: grid;\r\n  grid-template-columns: repeat(2, 1fr);\r\n  align-items: start;\r\n  gap: 0;\r\n\r\n  width: 100%;\r\n\r\n  opacity: 0;\r\n  visibility: hidden;\r\n  pointer-events: none;\r\n\r\n  transition:\r\n    opacity 0.35s ease,\r\n    visibility 0.35s ease;\r\n}\r\n\r\n.kryno-process-latvia-pair.is-active {\r\n  opacity: 1;\r\n  visibility: visible;\r\n  pointer-events: auto;\r\n}\r\n\r\n\/* CARD *\/\r\n.kryno-process-latvia-card {\r\n  min-height: auto;\r\n  padding: 32px 46px 20px 34px;\r\n  border-left: 1px solid var(--line);\r\n\r\n  opacity: 0;\r\n  transform: translateY(36px);\r\n  pointer-events: none;\r\n\r\n  transition:\r\n    opacity 0.45s ease,\r\n    transform 0.45s ease;\r\n}\r\n\r\n.kryno-process-latvia-card.is-visible {\r\n  opacity: 1;\r\n  transform: translateY(0);\r\n  pointer-events: auto;\r\n}\r\n\r\n.kryno-process-latvia-number {\r\n  display: flex;\r\n  align-items: center;\r\n  justify-content: center;\r\n\r\n  width: 68px;\r\n  height: 68px;\r\n  margin: 0 0 28px;\r\n\r\n  border-radius: 7px;\r\n  background: var(--num-bg);\r\n  color: var(--num-color);\r\n\r\n  font-family: \"Montserrat\", sans-serif;\r\n  font-size: 70px;\r\n  line-height: 1;\r\n  font-weight: 400;\r\n  letter-spacing: -0.05em;\r\n}\r\n\r\n.kryno-process-latvia-title {\r\n  margin: 0 0 24px;\r\n  color: var(--blue);\r\n  font-family: \"Montserrat\", sans-serif;\r\n  font-size: 20px;\r\n  line-height: 1.25;\r\n  font-weight: 600;\r\n}\r\n\r\n.kryno-process-latvia-text {\r\n  margin: 0;\r\n  max-width: 620px;\r\n  color: var(--text);\r\n  font-family: \"Montserrat\", sans-serif;\r\n  font-size: 18px;\r\n  line-height: 1.45;\r\n  font-weight: 400;\r\n}\r\n\r\n\/* TABLET *\/\r\n@media (max-width: 1024px) {\r\n  .kryno-process-latvia {\r\n    height: auto;\r\n  }\r\n\r\n  .kryno-process-latvia-sticky {\r\n    position: relative;\r\n    top: auto;\r\n  }\r\n\r\n  .kryno-process-latvia-heading {\r\n    margin-bottom: 46px;\r\n  }\r\n\r\n  .kryno-process-latvia-heading h2 {\r\n    font-size: 36px;\r\n  }\r\n\r\n  .kryno-process-latvia-stage {\r\n    min-height: auto;\r\n  }\r\n\r\n  .kryno-process-latvia-pair {\r\n    position: relative;\r\n    inset: auto;\r\n\r\n    grid-template-columns: repeat(2, 1fr);\r\n    row-gap: 44px;\r\n\r\n    opacity: 1;\r\n    visibility: visible;\r\n    pointer-events: auto;\r\n  }\r\n\r\n  .kryno-process-latvia-pair + .kryno-process-latvia-pair {\r\n    margin-top: 44px;\r\n  }\r\n\r\n  .kryno-process-latvia-card {\r\n    min-height: auto;\r\n    padding: 28px 28px 10px;\r\n\r\n    opacity: 1;\r\n    transform: none;\r\n    pointer-events: auto;\r\n  }\r\n\r\n  .kryno-process-latvia-text {\r\n    font-size: 16px;\r\n    line-height: 1.48;\r\n  }\r\n}\r\n\r\n\/* MOBILE *\/\r\n@media (max-width: 767px) {\r\n  .kryno-process-latvia-heading {\r\n    margin-bottom: 36px;\r\n  }\r\n\r\n  .kryno-process-latvia-heading h2 {\r\n    font-size: 28px;\r\n    line-height: 1.12;\r\n  }\r\n\r\n  .kryno-process-latvia-pair {\r\n    grid-template-columns: 1fr;\r\n    gap: 34px;\r\n  }\r\n\r\n  .kryno-process-latvia-pair + .kryno-process-latvia-pair {\r\n    margin-top: 34px;\r\n  }\r\n\r\n  .kryno-process-latvia-card {\r\n    padding: 26px 0 0 24px;\r\n    border-left: 1px solid var(--line);\r\n  }\r\n\r\n  .kryno-process-latvia-number {\r\n    width: 58px;\r\n    height: 58px;\r\n    margin-bottom: 22px;\r\n    font-size: 60px;\r\n  }\r\n\r\n  .kryno-process-latvia-title {\r\n    margin-bottom: 18px;\r\n    font-size: 20px;\r\n  }\r\n\r\n  .kryno-process-latvia-text {\r\n    font-size: 16px;\r\n    line-height: 1.48;\r\n  }\r\n}\r\n<\/style>\r\n\r\n<section class=\"kryno-process-latvia\" data-kryno-process-latvia>\r\n  <div class=\"kryno-process-latvia-sticky\">\r\n\r\n    <div class=\"kryno-process-latvia-heading\">\r\n      <h2>\r\n        How the formation process works\r\n        <span>companies in Latvia<\/span>\r\n      <\/h2>\r\n    <\/div>\r\n\r\n    <div class=\"kryno-process-latvia-stage\">\r\n\r\n      <!-- 1\u20132 -->\r\n      <div class=\"kryno-process-latvia-pair is-active\">\r\n\r\n        <div class=\"kryno-process-latvia-card is-visible\">\r\n          <div class=\"kryno-process-latvia-number\">1<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Consultation and needs analysis\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            KRYNO determines what the company will do, where clients, the team and counterparties will be located, how funds will be received and whether dividends are planned. We check whether Latvia suits the business model and which tax obligations may arise in Ukraine and elsewhere.\r\n          <\/p>\r\n        <\/div>\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">2<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Selecting the company structure\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            We define the founders and management board, share capital and management procedure. Most international projects use a standard SIA with \u20ac2,800 in capital. A reduced-capital company from \u20ac1 may be formed only if special requirements are met, so we separately check whether the client's structure qualifies.\r\n          <\/p>\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <!-- 3\u20134 -->\r\n      <div class=\"kryno-process-latvia-pair\">\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">3<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Checking the name and registered office\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            We check whether the chosen name is available and complies with Latvian law. We also help arrange a registered office in Latvia. It is used for official correspondence and must be able to receive notices from public authorities.\r\n          <\/p>\r\n        <\/div>\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">4<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Preparing corporate documents\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            The KRYNO team prepares the incorporation resolution or agreement, Articles of Association, register of members, application to the Enterprise Register and ultimate beneficial owner details. Documents are prepared in Latvian. If a founder signs outside Latvia, we determine the proper signing and certification method.\r\n          <\/p>\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <!-- 5\u20136 -->\r\n      <div class=\"kryno-process-latvia-pair\">\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">5<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Contributing share capital\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            A standard SIA requires \u20ac2,800 in share capital. The method of evidencing the contribution depends on the company structure and registration procedure. Separate rules on founders, management and future capital increases apply to a reduced-capital SIA.\r\n          <\/p>\r\n        <\/div>\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">6<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Company formation\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            We file the document package with the Latvian Enterprise Register and support its review. The registrar checks the name, constitutional documents, signatures, registered office and beneficial owner information. If there are no objections, the SIA is entered in the Commercial Register and assigned a registration number.\r\n            <br><br>\r\n            Documents can be filed through the Enterprise Register's online portal. A valid electronic signature is required for electronic filing.\r\n          <\/p>\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n      <!-- 7\u20138 -->\r\n      <div class=\"kryno-process-latvia-pair\">\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">7<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            Opening a bank or payment account\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            We prepare the company for review by describing the business model, funding sources, client geography and projected turnover. We apply to a bank or payment institution that serves the relevant activity. The institution makes the final decision after its own checks, so the account-opening timeframe is separate from SIA registration.\r\n          <\/p>\r\n        <\/div>\r\n\r\n        <div class=\"kryno-process-latvia-card\">\r\n          <div class=\"kryno-process-latvia-number\">8<\/div>\r\n\r\n          <h3 class=\"kryno-process-latvia-title\">\r\n            VAT, accounting and post-registration support\r\n          <\/h3>\r\n\r\n          <p class=\"kryno-process-latvia-text\">\r\n            We check whether mandatory or voluntary VAT registration, an EORI number or the OSS scheme is required. We help arrange accounting, tax reporting and communication with Latvian authorities. For Ukrainian residents, we separately assess potential CFC notification and reporting obligations.\r\n          <\/p>\r\n        <\/div>\r\n\r\n      <\/div>\r\n\r\n    <\/div>\r\n  <\/div>\r\n<\/section>\r\n\r\n<script>\r\n(function () {\r\n  const sections = document.querySelectorAll(\r\n    \"[data-kryno-process-latvia]\"\r\n  );\r\n\r\n  function clamp(value, min, max) {\r\n    return Math.min(Math.max(value, min), max);\r\n  }\r\n\r\n  function updateLatviaProcess() {\r\n    sections.forEach(function (section) {\r\n      const pairs = Array.from(\r\n        section.querySelectorAll(\r\n          \".kryno-process-latvia-pair\"\r\n        )\r\n      );\r\n\r\n      if (window.innerWidth <= 1024) {\r\n        pairs.forEach(function (pair) {\r\n          pair.classList.add(\"is-active\");\r\n\r\n          pair\r\n            .querySelectorAll(\r\n              \".kryno-process-latvia-card\"\r\n            )\r\n            .forEach(function (card) {\r\n              card.classList.add(\"is-visible\");\r\n            });\r\n        });\r\n\r\n        return;\r\n      }\r\n\r\n      const rect = section.getBoundingClientRect();\r\n      const viewport = window.innerHeight;\r\n\r\n      const totalSteps = 8;\r\n      const start = viewport * 0.45;\r\n      const end = -rect.height + viewport * 0.9;\r\n\r\n      let progress =\r\n        (start - rect.top) \/ (start - end);\r\n\r\n      progress = clamp(progress, 0, 1);\r\n\r\n      let visibleGlobal = Math.max(\r\n        1,\r\n        Math.ceil(progress * totalSteps)\r\n      );\r\n\r\n      visibleGlobal = clamp(\r\n        visibleGlobal,\r\n        1,\r\n        totalSteps\r\n      );\r\n\r\n      const activePairIndex = Math.floor(\r\n        (visibleGlobal - 1) \/ 2\r\n      );\r\n\r\n      const visibleInPair =\r\n        ((visibleGlobal - 1) % 2) + 1;\r\n\r\n      pairs.forEach(function (pair, pairIndex) {\r\n        const cards = Array.from(\r\n          pair.querySelectorAll(\r\n            \".kryno-process-latvia-card\"\r\n          )\r\n        );\r\n\r\n        if (pairIndex === activePairIndex) {\r\n          pair.classList.add(\"is-active\");\r\n\r\n          cards.forEach(function (card, cardIndex) {\r\n            if (cardIndex < visibleInPair) {\r\n              card.classList.add(\"is-visible\");\r\n            } else {\r\n              card.classList.remove(\"is-visible\");\r\n            }\r\n          });\r\n        } else {\r\n          pair.classList.remove(\"is-active\");\r\n\r\n          cards.forEach(function (card) {\r\n            card.classList.remove(\"is-visible\");\r\n          });\r\n        }\r\n      });\r\n    });\r\n  }\r\n\r\n  window.addEventListener(\r\n    \"scroll\",\r\n    updateLatviaProcess,\r\n    { passive: true }\r\n  );\r\n\r\n  window.addEventListener(\r\n    \"resize\",\r\n    updateLatviaProcess\r\n  );\r\n\r\n  window.addEventListener(\r\n    \"load\",\r\n    updateLatviaProcess\r\n  );\r\n\r\n  updateLatviaProcess();\r\n})();\r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-48b022a e-flex e-con-boxed e-con e-parent\" data-id=\"48b022a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1e5e469 e-con-full e-flex e-con e-child\" data-id=\"1e5e469\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-277f9b0 e-con-full e-flex e-con e-child\" data-id=\"277f9b0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-41126ca elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"41126ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cost of company formation <span style=\"color:#8A8FA3\">in Latvia<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98d55a7 elementor-widget__width-initial elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"98d55a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tThe cost depends on the number of founders, SIA type, signing method, registered office, need for VAT registration and complexity of bank checks. Accounting services, licences and support with CFC reporting in Ukraine are priced separately.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b30ee6e elementor-widget__width-initial elementor-hidden-desktop elementor-widget elementor-widget-text-editor\" data-id=\"b30ee6e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The cost depends on the number of founders, SIA type, signing method, registered office, need for VAT registration and complexity of bank checks. Accounting services, licences and support with CFC reporting in Ukraine are priced separately.<\/p><p>During the consultation, you will receive a personalised formation plan and an exact cost estimate for your situation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-57de848 e-con-full e-flex e-con e-child\" data-id=\"57de848\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7dd4c89 elementor-widget__width-initial elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-text-editor\" data-id=\"7dd4c89\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tDuring the consultation, you will receive a personalised formation plan and an exact cost estimate for your situation.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e5fca95 e-con-full e-flex e-con e-child\" data-id=\"e5fca95\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d8f185e elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"d8f185e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6MzM1OSwidG9nZ2xlIjpmYWxzZX0%3D\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get an estimate<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9cbd543 elementor-align-center elementor-mobile-align-justify elementor-widget elementor-widget-button\" data-id=\"9cbd543\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/t.me\/kryno_global\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-telegram-plane\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M446.7 98.6l-67.6 318.8c-5.1 22.5-18.4 28.1-37.3 17.5l-103-75.9-49.7 47.8c-5.5 5.5-10.1 10.1-20.7 10.1l7.4-104.9 190.9-172.5c8.3-7.4-1.8-11.5-12.9-4.1L117.8 284 16.2 252.2c-22.1-6.9-22.5-22.1 4.6-32.7L418.2 66.4c18.4-6.9 34.5 4.1 28.5 32.2z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Quick contact via Telegram<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c94cd62 elementor-icon-list--layout-inline elementor-list-item-link-inline elementor-tablet-align-center elementor-mobile-align-start elementor-hidden-mobile elementor-widget elementor-widget-icon-list\" data-id=\"c94cd62\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Quick response<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">No obligation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Confidential<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ca1798d elementor-list-item-link-inline elementor-tablet-align-center elementor-mobile-align-start elementor-hidden-desktop elementor-hidden-tablet elementor-icon-list--layout-traditional elementor-widget elementor-widget-icon-list\" data-id=\"ca1798d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Quick response<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">No obligation<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Confidential<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ffe2abc e-flex e-con-boxed e-con e-parent\" data-id=\"ffe2abc\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6f1d797 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"6f1d797\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Documents required for formation<span style=\"color:#8A8FA3\"> companies in Latvia\n\u00a0<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-671f3ef elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"671f3ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tA standard structure requires a basic set of personal and corporate documents. KRYNO prepares the constitutional documents in Latvian, checks the signing method and explains which documents must be certified or translated in your case.\t\t\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-aea071b e-grid e-con-full e-con e-child\" data-id=\"aea071b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-cb80738 e-con-full e-flex e-con e-child\" data-id=\"cb80738\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77fc2e1 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"77fc2e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-passport-2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d654e0a elementor-widget elementor-widget-heading\" data-id=\"d654e0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">International passport<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47d3946 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"47d3946\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Required to verify the identity of the founder, board member and ultimate beneficial owner.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bb882e7 e-con-full e-flex e-con e-child\" data-id=\"bb882e7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4a257a elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"c4a257a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-address-location\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46de814 elementor-widget elementor-widget-heading\" data-id=\"46de814\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Proof of residential address\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-35cd860 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"35cd860\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A bank statement, utility bill or another proof of residential address issued within the last 3 months.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-959bdb8 e-con-full e-flex e-con e-child\" data-id=\"959bdb8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6230a0a elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"6230a0a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-vat-document\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-892fa35 elementor-widget elementor-widget-heading\" data-id=\"892fa35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Information about the company's activities\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3ba5e5 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f3ba5e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A brief description of company activities, countries of operation, key counterparties, income sources and expected turnover.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b4b8f99 e-con-full e-flex e-con e-child\" data-id=\"b4b8f99\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6dc1d52 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"6dc1d52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-clipboard-tasks\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-95dcc23 elementor-widget elementor-widget-heading\" data-id=\"95dcc23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ownership structure details<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7620668 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7620668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Information on direct and indirect owners, their interests and the persons who will actually control the company must be provided.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-be3ad2a e-con-full e-flex e-con e-child\" data-id=\"be3ad2a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d5cff15 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"d5cff15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-document-checklist\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78abc30 elementor-widget elementor-widget-heading\" data-id=\"78abc30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Corporate founder documents<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9baf91 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"f9baf91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If the founder is a legal entity, its registration documents and ownership structure information will be required.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-07bdc45 e-con-full e-flex e-con e-child\" data-id=\"07bdc45\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-954f84e elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"954f84e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-building-roof\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b122e5 elementor-widget elementor-widget-heading\" data-id=\"7b122e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company name options<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f7dae0 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"5f7dae0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We recommend preparing 2\u20133 options in case the first name is already registered or does not meet the register&#8217;s requirements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c69810d e-flex e-con-boxed e-con e-parent\" data-id=\"c69810d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-efbe6d3 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"efbe6d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common mistakes when<span style=\"color:#8A8FA3\"> company formation in Latvia<\/span><\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a0a4aa2 e-grid e-con-full e-con e-child\" data-id=\"a0a4aa2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-4edd792 e-con-full e-flex e-con e-child\" data-id=\"4edd792\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b9d279c elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"b9d279c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-warning-triangle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mistake<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dafa9eb elementor-widget elementor-widget-heading\" data-id=\"dafa9eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Choose a reduced-capital SIA solely to save money\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cbc637 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"7cbc637\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>A reduced-capital company has statutory restrictions that may complicate business scaling and ownership changes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5025464 e-con-full e-flex e-con e-child\" data-id=\"5025464\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-958f1ec elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"958f1ec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">KRYNO solution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-390a320 elementor-widget elementor-widget-heading\" data-id=\"390a320\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Choose a company structure for the business model\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10bae41 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"10bae41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>KRYNO will analyse your growth plans and help decide whether a reduced-capital SIA is suitable or a standard SIA should be formed from the outset.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f36b82f e-grid e-con-full e-con e-child\" data-id=\"f36b82f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-f995d30 e-con-full e-flex e-con e-child\" data-id=\"f995d30\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ecd91e elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"7ecd91e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-warning-triangle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mistake<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-03f499a elementor-widget elementor-widget-heading\" data-id=\"03f499a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Assume the 0% rate means no taxes at all\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-779a308 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"779a308\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Corporate tax arises when dividends are paid and on certain transactions treated as profit distributions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a503eec e-con-full e-flex e-con e-child\" data-id=\"a503eec\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-65d9ba3 elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"65d9ba3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">KRYNO solution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-170d71a elementor-widget elementor-widget-heading\" data-id=\"170d71a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Calculate the actual tax burden\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d388b7a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"d388b7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We analyse the income model, cost structure and profit distribution plans to assess the actual tax burden.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9642e89 e-grid e-con-full e-con e-child\" data-id=\"9642e89\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-94dd4d2 e-con-full e-flex e-con e-child\" data-id=\"94dd4d2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6d80d5a elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"6d80d5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-warning-triangle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mistake<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de2c343 elementor-widget elementor-widget-heading\" data-id=\"de2c343\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Submit bank documents without preparation\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56ec6f2 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"56ec6f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>An inadequate document package or unconvincing business model may lead to additional checks or refusal.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-31e7a2d e-con-full e-flex e-con e-child\" data-id=\"31e7a2d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6acc527 elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"6acc527\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">KRYNO solution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c06d5a5 elementor-widget elementor-widget-heading\" data-id=\"c06d5a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Prepare the company for bank checks<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a4d63e elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"9a4d63e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>KRYNO prepares the document package and business model description and helps select a bank or payment institution matching the company&#8217;s activities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6ed2fd7 e-grid e-con-full e-con e-child\" data-id=\"6ed2fd7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-c91ab2f e-con-full e-flex e-con e-child\" data-id=\"c91ab2f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a0ea824 elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"a0ea824\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-warning-triangle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mistake<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bdcc07 elementor-widget elementor-widget-heading\" data-id=\"5bdcc07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Ignore VAT before trading begins<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99976e1 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"99976e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The duty to register for VAT may arise before the turnover threshold is reached, including when working with EU counterparties.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-37c80ef e-con-full e-flex e-con e-child\" data-id=\"37c80ef\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a28db47 elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"a28db47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">KRYNO solution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-052610a elementor-widget elementor-widget-heading\" data-id=\"052610a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Check VAT obligations before the first transaction\n\n\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22876db elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"22876db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">We analyse counterparty countries, sales format and place of supply of goods or services and determine whether VAT registration or OSS is required.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a879a78 e-grid e-con-full e-con e-child\" data-id=\"a879a78\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-b38b913 e-con-full e-flex e-con e-child\" data-id=\"b38b913\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d3912df elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"d3912df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-warning-triangle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Mistake<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ca2f92 elementor-widget elementor-widget-heading\" data-id=\"7ca2f92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Incorporate without an accounting plan\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a306114 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a306114\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Even an inactive company must keep accounts and file reports. Delaying accounting arrangements often causes errors and missed deadlines.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c0cef09 e-con-full e-flex e-con e-child\" data-id=\"c0cef09\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7bc7e7b elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"7bc7e7b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">KRYNO solution<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cd2fd1 elementor-widget elementor-widget-heading\" data-id=\"7cd2fd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Arrange accounting immediately after incorporation\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2351900 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"2351900\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>We help set up document flows, identify required reports and arrange accounting support before active operations begin.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c843cba e-flex e-con-boxed e-con e-parent\" data-id=\"c843cba\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4847128 e-con-full e-flex e-con e-child\" data-id=\"4847128\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bac9a18 elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"bac9a18\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-circle\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M256 8C119 8 8 119 8 256s111 248 248 248 248-111 248-248S393 8 256 8z\"><\/path><\/svg>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">FAQ<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31e12d2 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"31e12d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions about formation <span style=\"color:#8A8FA3\">companies in Latvia<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d379392 kryno-faq-numbered elementor-widget elementor-widget-ucaddon_content_accordion\" data-id=\"d379392\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_content_accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Content Accordion -->\n\n<style>\/* widget: Content Accordion *\/\n\n\n\n#uc_content_accordion_elementor_d379392 *{\n  box-sizing: border-box;\n}\n\n#uc_content_accordion_elementor_d379392 .ue_heading_title{\n  margin:0;\n  flex-grow:1;\n  display:flex;\n  flex-direction:row;\n}\n\n#uc_content_accordion_elementor_d379392 .uc_container .uc-heading{\n\tdisplay:flex;\n    align-items:center;\n\toverflow:hidden;\n\tcursor:pointer;  \n}\n\n#uc_content_accordion_elementor_d379392 .uc_container .uc_content{\n    display:none;\n}\n\n#uc_content_accordion_elementor_d379392 .uc_container .uc-heading span.ue_accordion_icon{\n\tdisplay:flex;\n    align-items:center;\n   \tjustify-content:center;\n    flex-grow:0;\n    flex-shrink:0;\n}\n\n#uc_content_accordion_elementor_d379392 .uc_ac_box.uc-item-active span.uc_dactive{\n\tdisplay:none;\n}\n\n#uc_content_accordion_elementor_d379392 .uc_ac_box:not(.uc-item-active) span.uc_active{\n\tdisplay:none;\n}\n\n#uc_content_accordion_elementor_d379392 span.ue_accordion_icon svg{\n  height:1em;\n  width:1em;\n}\n\n#uc_content_accordion_elementor_d379392 .uc_container .uc_btn {\n    text-align: center;\n    display: inline-block;\n    text-decoration: none;\n    transition: ease-in-out all 0.25s;\n}\n\n#uc_content_accordion_elementor_d379392 .ue-item-image img{\n  width:100%;\n  display:block;\n  object-fit:cover;\n}\n\n<\/style>\n\n<div class=\"uc_material_accordion  \"  id=\"uc_content_accordion_elementor_d379392\"  data-name=\"\" data-scroll=\"off\" data-offset=\"0\" data-closeothers=\"true\" data-set-hash=\"false\" data-transition-duration=\"400\" >\n  <div class=\"uc_container uc-items-wrapper\">\n    \n\n\t\t\n\n\n<div id=\"#ue-tab1\" class=\"uc_ac_box elementor-repeater-item-a0830d0 uc-item-active\" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">How much does company formation in Latvia cost?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" style='display:block'>\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>The cost depends on the SIA type, number of founders, signing method, registered office and additional services. Account opening, VAT registration, accounting and CFC reporting may be charged separately. After the initial consultation, KRYNO prepares an estimate for the specific structure.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab2\" class=\"uc_ac_box elementor-repeater-item-a79d96c \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">How long does company formation in Latvia take?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>The overall process usually takes 3\u20137 business days after the required information and documents are received. It may take longer if the register requests clarification of beneficial owners, signatures or the registered office. Bank account opening is separate and often takes longer.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab3\" class=\"uc_ac_box elementor-repeater-item-2965583 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Do I need to travel to Latvia in person for incorporation?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>In many cases, the company can be formed remotely. Documents must be signed with a qualified electronic signature recognised by Latvian authorities or duly certified. The method depends on citizenship, country of signing and composition of participants.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab4\" class=\"uc_ac_box elementor-repeater-item-6153549 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">What if the company needs to be closed?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>An SIA may be voluntarily liquidated after settling with creditors, filing reports and fulfilling its tax obligations. The process includes a members' resolution, appointment of a liquidator, notice to creditors and removal from the register. Simply stopping reports is insufficient.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab5\" class=\"uc_ac_box elementor-repeater-item-fb8f411 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">What taxes does the owner of a Latvian company pay?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>Tax obligations depend on how the owner receives funds: as dividends, salary, board remuneration or contractual payments. Personal tax residence must also be considered. For a Ukrainian resident, Latvian rules should be analysed together with Ukrainian rules.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab6\" class=\"uc_ac_box elementor-repeater-item-6a7d0b5 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">What is the tax burden for a Latvian company?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>Profit retained in the company is not subject to corporate tax until distribution. Dividends are taxed at 20% of the grossed-up tax base. The standard VAT rate is 21%, and salary payments may create income tax and social contribution obligations.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab7\" class=\"uc_ac_box elementor-repeater-item-b88b954 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Do I need to become a Latvian tax resident?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>No. The owner or board member may remain a tax resident of Ukraine or another country. Company formation does not automatically grant personal tax residence, a residence permit or the right to work permanently in Latvia.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab8\" class=\"uc_ac_box elementor-repeater-item-cf325bb \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Must a Latvian company be declared in Ukraine?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>If a Ukrainian resident owns an interest in or actually controls a Latvian company, CFC notification and reporting obligations may arise. Filing depends on the size of the interest, method of control and specific circumstances.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab9\" class=\"uc_ac_box elementor-repeater-item-6cfac58 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Can a non-resident be the sole founder and board member of an SIA?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>Yes, a standard SIA may have one founder and one board member, including a Latvian non-resident. One person may hold both roles. Ultimate beneficial owner information must be properly disclosed and document-signing requirements met.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab10\" class=\"uc_ac_box elementor-repeater-item-2f2535d \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">How does a standard SIA differ from a reduced-capital SIA?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>A standard SIA has \u20ac2,800 in share capital. A reduced-capital company can be created from \u20ac1, but restrictions apply to the number and status of founders and management board. Plans to attract partners and investors should be considered before choosing the form.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab11\" class=\"uc_ac_box elementor-repeater-item-15ad1e3 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Is an office in Latvia mandatory?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>A full office is not always required, but the company must have a registered office in Latvia that can receive official correspondence. Bank checks, VAT registration or regulated activities may require further evidence of actual presence.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab12\" class=\"uc_ac_box elementor-repeater-item-9807ab0 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Can a VAT number be obtained immediately?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>A company may apply for voluntary VAT registration before reaching the threshold. The tax authority may check the business model, planned transactions and ability to conduct genuine activities. A VAT number is therefore not assigned automatically with SIA registration.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab13\" class=\"uc_ac_box elementor-repeater-item-a8dfaff \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Is a Latvian bank guaranteed to open an account?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p><span style=\"font-weight: 400;\">No. Each bank independently assesses the company and owners' risks. It may check the source of funds, economic ties to Latvia, payment countries, website, contracts and founder experience. A payment institution in Latvia or another EEA country may sometimes be an alternative.<\/span><\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n\n\n\n\n<div id=\"#ue-tab14\" class=\"uc_ac_box elementor-repeater-item-9173085 \" style=\"background-color:;\">\n  <a href=\"javascript:void(0)\" class=\"uc-heading uc_trigger\" role=\"button\">\n    <span class=\"uc_dactive bbb ue_accordion_icon\"><i class='fas fa-chevron-up'><\/i><\/span> \n    <span class=\"uc_active bbb ue_accordion_icon\"><i class='fas fa-chevron-down'><\/i><\/span>\n    <div class=\"ue_heading_title\">Must a local board member be appointed?<\/div>\n  <\/a>\n  \n  <div class=\"uc_content\" >\n        \n      \n         \n                        \n              <div class=\"ue-item-title\"><\/div>\n      \n              <div class=\"ue-item-text\"><p>An ordinary SIA is not generally required to appoint a Latvian-resident board member. However, no genuine management or activity in the country may affect bank checks, VAT registration and the place of effective management. This should be assessed for the specific business model.<\/p>\n<\/div>\n      \n              \n      <\/div> \n<\/div>\n\n  <\/div>\n<\/div>\n<!-- end Content Accordion -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2aef493 e-flex e-con-boxed e-con e-parent\" data-id=\"2aef493\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a8d0c84 e-con-full e-flex e-con e-child\" data-id=\"a8d0c84\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f2ec2e5 elementor-widget elementor-widget-heading\" data-id=\"f2ec2e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Services you may need<span style=\"color:#8A8FA3\"> after company formation in Latvia<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3084c86 e-grid e-con-full e-con e-child\" data-id=\"3084c86\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<a class=\"elementor-element elementor-element-701b8e3 e-con-full card-service e-flex e-con e-child\" data-id=\"701b8e3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/services\/foreign-bank-account\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-eeb3e30 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"eeb3e30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-passport-2\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e4abdb elementor-widget elementor-widget-heading\" data-id=\"5e4abdb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Opening an account abroad<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e9b791c e-con-full e-flex e-con e-child\" data-id=\"e9b791c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-581aaa2 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"581aaa2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Selection of a bank or payment institution, preparation of review documents and application support.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ac17e7 elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"4ac17e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-fdc51a4 e-con-full card-service e-flex e-con e-child\" data-id=\"fdc51a4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/services\/vat-number\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7ff0b6b elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"7ff0b6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-stars-rating\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5abebaa elementor-widget elementor-widget-heading\" data-id=\"5abebaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">VAT number in the EU<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b9e8d53 e-con-full e-flex e-con e-child\" data-id=\"b9e8d53\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-78e3330 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"78e3330\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Analysis of tax obligations, application preparation and VAT registration support for trade and services in the EU.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23457ea elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"23457ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-298d4b1 e-con-full card-service e-flex e-con e-child\" data-id=\"298d4b1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/services\/audit-reporting\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a1946d elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"7a1946d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-document-done\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60b4b80 elementor-widget elementor-widget-heading\" data-id=\"60b4b80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Reporting and auditing of foreign companies\n<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7698131 e-con-full e-flex e-con e-child\" data-id=\"7698131\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-259c16f elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"259c16f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Organisation of accounting, preparation of annual statements and audit support where required.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1aabfcc elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"1aabfcc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-7785d2a e-con-full card-service e-flex e-con e-child\" data-id=\"7785d2a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/services\/eori-number\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-07491a0 elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"07491a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-notification-bell\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4792375 elementor-widget elementor-widget-heading\" data-id=\"4792375\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">EORI number for business\n<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4b2fd04 e-con-full e-flex e-con e-child\" data-id=\"4b2fd04\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d2652b9 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"d2652b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Obtaining an EORI number for importing, exporting and customs clearance of goods in EU countries.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-644f5d8 elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"644f5d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2a2b821 e-flex e-con-boxed e-con e-parent\" data-id=\"2a2b821\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-81111d3 e-con-full e-flex e-con e-child\" data-id=\"81111d3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5401952 elementor-widget elementor-widget-heading\" data-id=\"5401952\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Considering other jurisdictions<span style=\"color:#8A8FA3\"> for your business?<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7e8d6a7 e-grid e-con-full e-con e-child\" data-id=\"7e8d6a7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<a class=\"elementor-element elementor-element-7e19df5 e-con-full card-service e-flex e-con e-child\" data-id=\"7e19df5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/company-registration\/estonia\/\">\n\t\t<div class=\"elementor-element elementor-element-b99f99a e-con-full e-flex e-con e-child\" data-id=\"b99f99a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f0b00ed elementor-widget elementor-widget-heading\" data-id=\"f0b00ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company formation in Estonia\n<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5f50718 e-con-full e-flex e-con e-child\" data-id=\"5f50718\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3dff43f elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"3dff43f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Suitable for digital and IT businesses that value remote company management through e-Residency.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a000a02 elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"a000a02\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-6753077 e-con-full card-service e-flex e-con e-child\" data-id=\"6753077\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/company-registration\/romania\/\">\n\t\t<div class=\"elementor-element elementor-element-e2331e8 e-con-full e-flex e-con e-child\" data-id=\"e2331e8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38832c7 elementor-widget elementor-widget-heading\" data-id=\"38832c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company formation in Romania\n<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a1c7007 e-con-full e-flex e-con e-child\" data-id=\"a1c7007\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-acb6ab6 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"acb6ab6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Suitable for manufacturers, logistics companies and enterprises planning to operate in the EU market.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-42a5e9f elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"42a5e9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-6752f47 e-con-full card-service e-flex e-con e-child\" data-id=\"6752f47\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\" href=\"https:\/\/kryno.global\/en\/company-registration\/georgia\/\">\n\t\t<div class=\"elementor-element elementor-element-26feeae e-con-full e-flex e-con e-child\" data-id=\"26feeae\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8471eb6 elementor-widget elementor-widget-heading\" data-id=\"8471eb6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company formation in Georgia\n<\/h3>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ec48bfa e-con-full e-flex e-con e-child\" data-id=\"ec48bfa\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b634814 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"b634814\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>An optimal jurisdiction for international business and service exports, with simple administration and competitive tax conditions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a64eb9a elementor-widget__width-initial elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"a64eb9a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-arrow-diagonal\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9fdcfc9 e-flex e-con-boxed e-con e-parent\" data-id=\"9fdcfc9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ac93443 e-con-full e-flex e-con e-child\" data-id=\"ac93443\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-68428e3 elementor-widget elementor-widget-heading\" data-id=\"68428e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Considering company formation in Latvia?<span style=\"color:#8A8FA3\"> Start with a consultation<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dea62c4 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"dea62c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tTell us where your clients, team and counterparties are located and how you plan to use profits. KRYNO will compare the options, assess tax and banking requirements and explain whether Latvia suits your business model.\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5e441a elementor-tablet-align-start elementor-mobile-align-start elementor-hidden-desktop elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"d5e441a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Free consultation on company formation in Latvia<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Response within 1 hour during business hours<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Support from company formation to account opening and obtaining a VAT number<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7023d4c e-con-full e-flex e-con e-child\" data-id=\"7023d4c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-81d89d5 elementor-align-center 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data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/t.me\/kryno_global\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fab-telegram-plane\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M446.7 98.6l-67.6 318.8c-5.1 22.5-18.4 28.1-37.3 17.5l-103-75.9-49.7 47.8c-5.5 5.5-10.1 10.1-20.7 10.1l7.4-104.9 190.9-172.5c8.3-7.4-1.8-11.5-12.9-4.1L117.8 284 16.2 252.2c-22.1-6.9-22.5-22.1 4.6-32.7L418.2 66.4c18.4-6.9 34.5 4.1 28.5 32.2z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Write to Telegram<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e2c9ad e-con-full elementor-hidden-tablet elementor-hidden-mobile e-flex e-con e-child\" data-id=\"1e2c9ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-861650d elementor-tablet-align-start elementor-mobile-align-start elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"861650d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Free consultation on company formation in Latvia<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Response within 1 hour during business hours<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"twicon- tw-icon-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Support from company formation to account opening and obtaining a VAT number<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Home Company formation in Latvia \u2014 a European structure for international business Latvia suits entrepreneurs working with EU clients and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4239,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"site-sidebar-layout":"no-sidebar","site-content-layout":"","ast-site-content-layout":"full-width-container","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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