Company registration in Latvia, Lithuania and Estonia 2012

8 March 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 association application form and specimen signatures.
Time to register for VAT in Latvia, Lithuania, Estonia	10 days	1 - 3 days	3 days
VAT thresholds	49 801	45 000	16 000

Share capital in Latvia: 1-2900 EUR. State fees: 180 EUR. Notary fees: 200 EUR. Total fees: 380EUR. Timing: 4 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. Time to register for VAT in Latvia: 10 days. VAT thresholds: 49 801 EUR.

Share capitalin Lithuania: 2900 EUR. State fees: 60 EUR. Notary fees: 230 EUR. Total fees: 290 EUR. Timing: 3 days. Special requirements: Notarized POA, if establisher of the company is individual; Company name shall not be similar to trademarks registered in EU. Time to register for VAT in Lithuania: 1 - 3 days. VAT thresholds: 45 000 EUR.

Share capitalin Estonia: 2500 EUR. State fees: 150 EUR. Notary fees: 60 EUR. Total fees: 210 EUR. Timing: 5 days. Special requirements: Notarized foundation resolution, articles of
association application form and specimen signatures. Time to register for VAT in Estonia: 3 days. VAT thresholds: 16 000 EUR.

Download table "Company registration in Latvia, Lithuania and Estonia 2012"

For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu

The material contained here is not to be construed as legal advice or opinion.