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Market Entry

- Audit
- Visit
- Consultations
- Incorporation

Immigration Services

- Residence permits
- Work permits
- Real Estate

Banking Services

Corporate and private bank accounts

Company creation

- Fast incorporation
- Offshore companies
- Vast country list
- Easy upkeep

UK company formation

- Tax benefits
- Bank introduction
- Nominee services

Company formation in Baltic states

- Latvia
- Estonia
- Lithuania


Latest business news

Latvia: Immigration law amendments
26th May 2014
Latvian parliament adopted amendments to the Immigration Law in Latvia on May 8th, 2014. The amendments will come into force on September 1, 2014. Changes refer to the minimum thresholds of the property that qualifies for temporary residence permit.

Read more news

Banking in Latvia - Account opening

The objective of this section of our website is to advise potential clients for bank account opening. Baltic Legal is an international corporate offshore and trust services provider. However, a significant portion of companies and trusts we administer establish accounts with international and offshore banks rather than domestic banks. For more information on offshore businesses please visit the offshore services page.

Bank account opening services

Our company is aware of the importance of possibility of swift bank account opening. Therefore, we have established relationships with the Latvian most reliable banks, which offer excellent online banking services and inexpensive banking fees.

Bank Introduction Services in Latvia for opening a corporate bank account with Rietumu Bank Pasta Bank or other banks.

Our offer

Pasta Bank
Pasta Bank offers personalized banking services, such as Overdraft of Payment Cards, Loan for financing current assets, Virtual card, EU Funds - Pasta Bank supports companies that develop projects with financial support of the European Union Structural Funds.
PrivatBank
JSC PrivatBank that was established in 1992 and it is now one of the oldest Latvian banks, well known to the business community. The auditor of JSC PrivatBank, KPMG, is among the leading international auditing companies in the world.
Rietumu Bank
We recommend visiting Rietumu Bank personally: we believe that no correspondence can be so valuable as a personal meeting, and the procedure of opening an account will be much more simple.
Norvik Bank
NORVIK BANKA offers its clients quick and high-quality service from opening current accounts to assistance in payment transactions - Current accounts, Payments, Regular payments, Currency exchange, Investment gold.

Of course, we can offer opening a bank account in any other Latvian bank as well. Feel free to contact us.

Documents required for legal entities

  • Original company incorporation documents, e.g. Incorporation Certificate, Articles of Association, Bylaws etc.
  • Documents, confirming the authority to open and manage company accounts, e.g. Power of Attorney, Extract from the Enterprise Register, Resolution, Minutes, etc.
  • ID documents: a valid passport or National ID card.
  • Documents confirming the beneficial ownership.
  • For companies incorporated more than a year ago: Certificate of Good Standing, certified by the Apostille.

For companies incorporated outside Latvia the information concerning the Apostille, legalization and notary certification of the company documents, is accepted and analyzed on the individual basis depending on the jurisdiction.

About Latvia

Latvia is an attractive financial and trading centre to facilitate business operations in this region, due to its location between the CIS and Western countries, and membership in the European Union. The country has highly developed banking system within the EU.

There are 28 banks in Latvia, 9 of them are branches of foreign banks. If you are planning opening a bank account in Latvia, please contact us.

Business possibilities

Latvia is geographical hotspot located in middle of major markets of Europe - Scandinavia, Russia, Germany and Poland. Infrastructure of Latvia includes sea ports, airports and railway network, thus making possible connections to most European countries. Latvia has three international ice-free ports, direct rail link from Latvia to Russia (Moscow). It is in about two hour flight from Western European capitals with more than 65 direct flights from Riga International Airport, a strategic gateway between Europe and the CIS. Want to know more? Contact us.

Banks in Latvia

Click List of Banks.

WEB devoloper - Artis Zelmenis