Latvia SIA vs AS
Legal Entity Comparison
Time of Update: 2026-03-31
SIA is a legal entity within the territory of Latvia, with the full name Aabiedrība Ar Eerobežotu Atbildību. The ownership of SIA is consolidative, and it is a limited liability entity. SIA does not publicly participate in the market, and it requires at least one shareholder and at least one director. SIA does not need to appoint a legal representative, but it does require at least one local person to act as a director. Additionally, SIA does not require a company secretary. The minimum registered capital for SIA starts at 1 euro and does not require verification of the capital. Overall, SIA is a relatively simple legal entity, suitable for use by small businesses or individual entrepreneurs.
Latvia Legal Entity Comparison
Latvia Legal Entity Comparison
Basic Information
SIA
AS
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Publicly Participates In Capital Market:
Positive
Shareholder / Director / Secretary Requirements
SIA
AS
Requirements For Shareholders:
At least one
Requirements For Shareholders:
At least one
Requirements For Directors ::
At least one
Requirements For Directors ::
At least one
Legal Representative Not Mandatory:
Negative
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Registered Capital Requirement
SIA
AS
Minimum Registered Capital Requirement:
1. Starting from 2800 euro.
Minimum Registered Capital Requirement:
25,000 euros
Capital Injection Not Required:
Negative
Capital Injection Not Required:
Positive
Capital Injection Requirement:
50% of the registered capital needs to be deposited at the time of registration
Capital Injection Requirement:
N/A
Memo
SIA
AS
Memo:
N/A
Memo:
N/A
LV
Latvia
CI - Company Incorporation
Latvian SIA Company Incorporation + Registered Address
From EUR 1,700.00 / Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
LV - Latvia
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