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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

Ready made company in Latvia, Lithuania or Estonia

Ready-made company, also known as Shell Company, previously formed company, seasoned company or aged company describes Limited Liability Company (LLC) or partnership that has had no activity, metaphorically put on the shelf to age or being like an empty shell. Usually ready-made company is VAT registered.

  • Benefits of shelf company
  • Process of business purchase
  • Changing the company`s name and/or address
  • Recent practice

Benefits of shelf company are:

  1. Time saving. The process of incorporation requires time, faster registration costs more money because of higher state fees. It is faster to change owner of existing company.
  2. Corporate longevity. Some partners or credit institutions may look at registration date before proceeding cooperation. Possible clients will trust older company, which could be used for advertising.
  3. History of your business. Enhances corporation's image with age and increases credibility.
  4. Need in bank loan. It may be easier if you can show your history of being incorporated.

Baltic Legal offers legal support in ready-made company's purchase and provides best quality services and useful advices in related matters.

Process of business purchase

The business purchase takes only few days. Due to reliability and cooperation with our partners we are able to arrange a ready-made company for you in one day! Registration with Commercial Registry takes 4 business days (might be reduced up to 2 days).

Our recent offers appear on the top of this page, but we or our partners might have additional offers. If you are interested in buying a ready-made company, contact us: Go to contact page

Changing the company`s name and/or address

The age but not the name of the ready-made company is of primary importance because a name change can be readily accomplished.

Legal address is mandatory in Latvia. The change of legal address or registration of additional office takes up to four business days or it can be changes simultaneously with business purchase.

If you lack a legal address for registration purposes Baltic Legal is capable to provide such service.
Go to Business support service.

Recent practice

Recent practice shows, that the number of newly established companies with VAT number are not aimed for sale in a regular manner. Thus the new businessmen shall aware of increase of the price for VAT registered companies.

Please let us know what are your needs and we will get back to you with list of options.

WEB devoloper - Artis Zelmenis