Accounting
  Company registration
  Contacts
 
  

Joint - stock company
 

Joint-stock company is open society, the shares of which can be object of a public revolution.
 

Depending on the agreement between the founders, the share can give the different rights, for example, - to receive the dividends, right of a vote at assembly of the shareholders, right to receive liquidating quota.
 

The joint-stock company - legal person, which authorized capital consists of the sum of nominal size of the shares.

Joint-stock company is open society, the shares of which can be object of a public revolution.
 

Depending on the agreement between the founders, the share can give the different rights, for example, - to receive the dividends, right of a vote at assembly of the shareholders, right to receive liquidating quota.
 

The joint-stock company - legal person, which authorized capital consists of the sum of nominal size of the shares.
 

The joint-stock company for the obligations is liable by all property. The responsibility of joint-stock company and proprietors of the shares is differentiated, if between the proprietors of the shares there is no other arrangement. The proprietors of the shares have the right to agree, that the minimum one participant is liable by all property. Ltd has a legal address.
 

The founders can be the legal and physical persons, and the founder can be one person.
 

The operative management carries out board of administration. Not less than 50 % of the members of board of administration should have a constant place of residence in Latvia. A body of supervising of joint-stock company - board of advice supervises work of board of administration and carries out other functions.
 

The authorized capital should be not less than 25 000 Latvian lats. Before application for registration it is necessary to pay (only by money) a minimum 25 000 Latvian lats.
 

The joint-stock company, on the basis of the normative acts of Latvia, is the payer of the taxes and duties.
 

For registration it is necessary
 

Data on the founders
For a natural person - name, surname, personal code, residence, (for the members of board of administrations and board of advice, - number of the passport, place, date of distribution and name of organization, which has given out the passport)
For a legal person - name, registration number, legal address, name, surname, personal code, residence, post of the person, who participates in establishment of joint-stock company. To confirm the right to represent the legal person in establishment of joint-stock company, the participants of the legal person need to accept the appropriate decision.
 

Name (firm) joint-stock company. The name should is clear and obviously to differ from registered (declared on registration) firms. In the name it is authorized to use only Latvian (Latin) letters.
 

Information on size of the authorized capital, quantity (amount) of the shares, nominal size of the shares, distribution between the founders. Whether the information on that a part of the authorized capital will be paid by the property contribution. If yes, the information on each subject of the property contribution, proprietor and cost of a subject.
 

To the auditor, each member of government and advice (council) - name, surname, personal code, residence, number of the passport, place, date of distribution and name of organization, which has given out the passport.
 

The consent of each member of board of administration and board of advice to carry out functions, accordingly, member of board of administration and board of advice.
 

To the members of board of administration and board of advice to verify signatures at the jury notary.
 

To open the account in bank and to pay the sum of the authorized capital according to the constituent contract (decision), and to receive the bank information (addressed to establishment of the commercial register) about payment of the authorized capital.

Expenses.

> State Tax for entering into the commercial register - 250 lats*

> Payment for the announcement of record in the commercial register - 24 lats

> Payment for services of the notary - not less than 30 lats

> Payment for drawing up of the constituent documents - 35 lats

> Payment for services of bank

* Registration in 14 working days.