Latvia Offshore Company Formation Cost & Renewal Fees

The services of Business Setup Worldwide will help you to manage the various business activities of a company and will also help in making the company profitable. BSW will handle all the necessary business activities of the company which range from business administration to set up an offshore bank account.

Our package to set up an Offshore Company in Latvia starts at $ 2,160.

Our package of setting up a company will consist of all the services which could be required by an up and coming company. These services include:

  • Certificate of Incorporation issued by Company Registrar
  • Memorandum and Articles of Association
  • Official address and documents of company head office
  • Share certificate
  • A resolution relating to the nomination of director and distribution of shares
  • A fully dedicated agent from BSW at your service
  • Company Registration Certificate issued by Inland Revenue Department

Start your company at

2,160 USD

Why Business Setup Worldwide?

Our prices are competitive and affordable. We build trust with our clientele by working closely to incorporate the offshore company while offering complete transparency.

You only pay what you see, no hidden charges

Renewal Service after one year of Business Registration

The renewal fees after a year are $ 1,250.

Renew your company at

1,250 USD

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Optional Services

Nominee Director Service for a Year

A nominee director can be appointed on behalf of an interested party. He/she acts as company director but in a passive role.

552 USD

Nominee Shareholders for a Year

A nominee shareholder holds the legal title to the shares in a company on behalf of the beneficiary owner. He/she has no claim over the shares but his/her credentials appear for official registration purposes.

552 USD

Grade 3 Virtual Office

A virtual office allows you to have an alternative company address

525 USD

Grade 2 Virtual Office

A virtual office allows you to have an alternative company address

993 USD

Grade 1 Office

A virtual office allows you to have an alternative company address

2207 USD

Design of Business , Letter Head and Company Logo

304 USD

Company Seal/Signature

177 USD

Company Stamp

83 USD

Notary and Apostille Services

A check carried out by a notary and a certification granted by the government (where your company shall be based) that your documents are authentic. Mandatory if you are opening an offshore bank account

227 USD

Power of Attorney Services

If you have opted for a Nominee Director, a Power of Attorney may be appointed to take decisions on behalf of the company

177 USD


One may choose to open a bank account in the given locations after one's company registration. The user has no obligation to select from the list, and may propose another bank of choice. BSW is not proposing any bank services. An introduction service includes the preparation of the application form and the submission of the file to bank. The acceptance of the same is at the sole discretion of the bank authorities.

Bank account opening application is subject to mandatory due diligence by the bank and clauses under national and international (FATF) standards, in particular to prevent money laundering. The content on this page must not be interpreted as a proposition to waive any due diligence or adherence to standards.