Charters Companies (Statutsabiedribas)

1. Joint Stock Co (Akciju sabiedriba AS)

2. Unlimited company (Sabiedriba ar pilnu atbildibu)

Agreements companies (Ligumsabiedribas)

1. Incorporated Co (Ligumsabiedriba ar pilnu atbildibu LPA)

2. Commandit Co (Komanditsabiedriba KS)

Enterprise (Uznemums)
Privately – owned enterprise (Individualais uznemums IU)
Family enterprise (Gimenes uznemums GU)
Farm Enterprise ( Zemnieku saimnieciba ZS)
Fish enterprise (Zvejnieku saimnieciba ZvS)
State Enterprise (Valsts Uznemums VU)
Municipal enterprise (Pasvaldibas uznemums PS)
Social organization ( Sabiedriskas organizacijas uznemums SO)
Religious organization (Religiskas organizacijas uznemums RO)
Foreign co representation ( Arvalstu uznemuma pastaviga parstavnieciba)

*  5,000 on the moment of establishment, 25,000 after a year (for banks minimum is 1,000,000 LVL.

All companies are required to register with the State Register, held by the Ministry of Justice. The Public Joint Stock Companies must register their share capital on the National Stock Exchange and provide the National Stock Exchange with its annual balance sheets.

Only Public Limited Companies are obliged to publish accounts, however non compliance is common.

All companies are obliged to submit accounts annually to the Tax Authority, the Social Security Committee and the State Registry.

Here is a breakdown of information available in Latvia and where this information is obtained from.

• registration data (registration number, date of registration, line of business, registered address, start date, principals, legal form)

Local telephone directory:

• company name
• address details
• telephone/fax numbers

Direct telephone interview:

• activity/market territory
• client type & number
• premises/branches/divisions/employees
• affiliations
• principals' antecedents
• expansion plans
• balance sheets/profit & loss/projected sales

Business publications and news clippings:

• news articles concerning the subject company and its shareholders are clipped from the three principal national newspapers (daily)
• public courts/newspapers
• protested bills
• bankruptcies
• legal suits

The court system is currently unregulated by laws.

All publicly available data is collected and verified from each of the above data sources by our locally positioned D&B Correspondent for each Business Information Report request received.

Should you require any further information or have any questions, please contact your local Customer Service Centre.

Business Information Report enquiries which are placed with D&B's Emerging Markets Centre should always contain the below details. Unfortunately, enquiries without the below information have a much higher chance of being returned as an Unable To Locate Report. This is simply due to the fact that data sources in the Emerging Markets are not as sophisticated as those in Western Europe.

• Full Company Name
• Full Head Quarters Address (street, town, country)
• Telephone Number
• Fax Number

Any additional information such as a contact name or line of business would also help to locate the subject of your enquiry.