When planning to register a representative office in Latvia, the first question for a foreign company to tackle would be what form of business to choose. In addition to the already well-known limited liability company (LLC), a foreign merchant can register a branch in Latvia as well as other forms of business. Each has its own conditions and obligations, pros and cons. Forms of business:
Before registering a branch in Latvia, a foreign merchant must understand what its scope of the planned presence in the country looks like: is there a plan to do business with a fixed location, hire employees, is there a need for a European VAT number, need to rent an office or production premises, warehouses or the plan is to have only a representative office in Latvia for establishing only commercial and other contacts.