Daugavpils is the second-largest city in Latvia
after its capital Riga
and it is located in the southeastern part of the country. Its position, close to the borders with Belarus and Lithuania and also to the one with Russia, makes is a favorable location for businesses engaged in trading.
Company formation in Daugavpils
follows the same principles of quick registration. Our team of experts who specialize in company registration in Latvia
can help you follow each of the steps for a simple and hassle-free process.
Investments in Daugavpils
Daugavpils is a Latvian city with important potential for investment development. Its location is favorable both for establishing a trade business and a manufacturing business. The area is industrial in nature and it offers opportunities for investments and development in many manufacturing sectors, including but not limited to, food production, textile, equipment, and machinery production.
Open a company in Daugavpils
Choose the legal form: investors can choose between a private limited liability company or a public one; alternatively, foreign companies can start a branch in Latvia.
Prepare the incorporation documents: the founding documents, the Articles of Association, are mandatory for any company and they include the scope of the business, its internal organization as well as other information.
Commercial Register submission: the company documents, along with the information about the company’s founders and other requested documents are submitted to the Latvian Commercial Register to officially register the business.
Tax registration: once the business registration has taken place, the company can register for VAT purposes;
The Latvian company formation process is a simple one that can be assisted by one of our experts. We can provide complete assistance to investors who wish to base their business in Daugavpils.
for more information about how to register a company in Latvia and business-specific details.