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Doing Business Guide in the Baltics.
Company registration in Latvia, Lithuania and Estonia 2012
| Baltic country |
Latvia | Lithuania | Estonia |
| Share capital (EUR) | 1-2900 | 2900 |
2500 |
| State fees | 180 | 60 | 150 |
| Notary fees |
200 | 230 | 60 |
| Total fees | 380 |
290 | 210 |
| Timing |
4 days | 3 days | 5 days |
| Special requirements |
- Notarized application form and agreement of the Board members; - There are no difference in both case (if founder is individual or company) on the official application form shall be approved signatures of founders (or its legal representatives) and board member in presence of the sworn notary. For EU persons no Apostille will be required. |
- Notarized POA, if establisher of the company is individual; - Company name shall not be similar to trademarks registered in EU. |
- Notarized foundation resolution, articles of |
|
Time to register for VAT in Latvia, Lithuania, Estonia |
10 days |
1 - 3 days |
3 days |
|
VAT thresholds |
49 801 |
45 000 |
16 000 |
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