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Starting a business


Information updated at 17.10.2019.

Founding a company and starting a business start with a business idea that can be both a well-known sphere and a hobby for you. The start-up of business includes the registration of an undertaking in the Enterprise Register (UR), the responsibility to fulfil all necessary duties, including tax evasion, by registering the selected tax treatment with the State Revenue Service (SRS).

When starting business, the issues can be many and different, and each can benefit from the advice provided by institutions, such as information and advice for starting business, provided by the Latvian Investment and Development Agency (LIAA), including the creation of a business plan, business incubators in Latvian regions, seminars and support opportunities. On the other hand, consultation on funding is available at:LAA in customer service departmentsandLAA in Business Inhibitors, as well asALTUMandCentral Financial and Contract Agencies (CFLA)in customer service centers.


Authorities concerned:
Register of companies (UR) Patent Office of the Republic of Latvia (LRPV) State Employment Agency (NVA) State Revenue Service (SRS) National Labour Inspection (NSA) Road Safety Directorate (CSDD) Latvian State Radio and Television Centre (LVRTC) Ministry of Economy (EM) Latvian Investment and Development Agency (LIAA) Central Statistical Bureau (CSP) State Land Service (VZD) Rural Support Service (LAD) Ministry of Welfare (LM).


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1. Company name, trade mark and address1. Company name, trade mark and address
2. Form and type of business 2. Form and type of business
3. Company Registration 3. Company Registration
4. Recruitment of employees 4. Recruitment of employees
5. Labour protection 5. Labour protection
6. Licences, licences6. Licences, licences
7. Business unit 7. Business unit
8. Registration of micro-enterprise tax 8. Registration of micro-enterprise tax
9. Registration of Value Added Taxpayer 9. Registration of Value Added Taxpayer
10. Related legislation10. Related legislation
11. Co-financing and support options11. Co-financing and support options
12. Available e-services and platforms12. Available e-services and platforms

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