Your EU company in Latvia, built for VAT, OSS and Amazon Europe.
Balt Partners is an independent advisory firm based in Riga. We prepare your Latvian company formation and set up your EU VAT and OSS registration, and we guide you through each step. You sign and file as the owner of the company.
- 0% on retained earnings, 20% corporate tax only on distributed profits. Latvian statutory law since 2018.
- EU VAT and OSS registration so you can invoice across the EU and sell on Amazon Europe.
- Company formation in 2 business days, fully remote, no travel needed.
- One point of contact from company formation to EU VAT setup.
Dozens of entrepreneurs supported since 2023, across Europe and beyond.
The only English-speaking expat firm based on the ground in Riga.
No resellers, no middlemen. We live in Latvia and we walked the path ourselves.
Firm on the ground, English-speaking
We live in Riga. We speak English and French, we know Western European admin culture, and we've already done the move. No intermediaries, no rough translations.
0% on retained earnings, by Latvian law
As long as profits stay in the company, the corporate tax rate is 0%; tax is due only when profits are distributed, at 20%. Latvia's statutory framework since 2018, aligned with EU directives.
End-to-end, one contact
Company formation, bank account, EU VAT and OSS, bookkeeping, ongoing advice. We prepare the file and guide each step; you sign and file as the owner.
Four things people get wrong about an EU company in Latvia.
The beliefs we've heard a thousand times, and what the law actually says.
Free, 30 minutes, no commitment
Four steps, three weeks, zero friction.
We prepare each document and guide you through it; you sign and file as the owner.
Strategy call
30 minutes to understand your business and map the EU entity it needs: VAT, OSS, marketplace and contract requirements.
Day 1Personal plan
You receive a written plan: company structure, tax setup, residency, timeline, firm quote. No surprises.
Within 48hCompany + bank account
We incorporate your company in 2 business days and open a business account with a Latvian bank. No mandatory travel.
Week 1 to 2VAT, OSS and setup
We prepare your EU VAT and OSS registration and, if you need it, your residence permit application, and guide you through filing. Housing in Riga and operational support for 6 to 12 months.
Week 3Riga, the underrated European tax hub.
Modern EU capital, direct flights across Europe, 40 to 50% cheaper than London or Paris, fast internet everywhere, growing English-speaking community.
Latvia vs other EU routes.
Three EU-facing options, one that is EU access, VAT and OSS ready, with fast formation.
| 🇬🇧 UK | 🇪🇪 Estonia | 🇱🇻 Latvia | |
|---|---|---|---|
| Tax on retained earnings | 25% | 0% | 0% |
| Tax on distributed profits | 25% + dividend tax | 20–22% | 20% |
| EU + Schengen | ✗ | ✓ | ✓ |
| EU VAT & OSS access | Partial, post-Brexit | ✓ | ✓ |
| Company formation | 1 to 3 weeks | 3 to 5 days | 2 days |
| Cost of living vs London | Benchmark | -30% | -55% |
| English-speaking firm | — | Rare | Our firm |
What they say.
"EU setup done right."
The EU VAT and OSS registration let me invoice European clients and sell on Amazon Europe without friction. What I appreciated most was being walked through every step, with zero sales pressure.
"Easier than setting up a UK Ltd."
Company live in 4 days, business account opened right after, residence permit done within 3 weeks. Never had to fly to Riga to get started.
"A straightforward EU entity."
I needed a real EU-established company for my European contracts and marketplace sales. Latvia kept me inside the EU and Schengen, set up in English, and I signed and filed everything as the owner.
The six objections we hear all the time.
Is a Latvian SIA a standard EU company?
Yes. A SIA is Latvia's standard private limited company, incorporated under national and EU law. Latvia has been an EU member since 2004, joined the Eurozone in 2014 and the OECD in 2016. It gives you an EU-established entity for EU VAT, OSS and single-market trade, like a company formed in any other member state.
Do I have to live 183 days a year in Latvia?
No. There are two paths to Latvian tax residency: spend 183 days per year, or simply hold a declared address there year-round. So you can live wherever you want in Europe and still benefit from the Latvian framework. We cover all the details on the call.
What does an EU company in Latvia cost, and how is it taxed?
Formation is completed in about 2 business days. Corporate tax is 0% on retained earnings and 20% on distributed profits, Latvia's statutory framework since 2018. Our firm fees for formation, EU VAT and OSS setup and bookkeeping are laid out in the written plan you receive after the call, with no surprises.
What if I want to leave Latvia later?
You can close your Latvian company and leave at any point. Double-tax treaties between Latvia and most EU countries handle the transition cleanly. We also help you exit if you decide to move on.
Why Latvia for an EU entity?
Latvia combines EU, Schengen, Eurozone, OECD, NATO and EEA membership with EU VAT and OSS access. It offers 0% on retained earnings, fast 2-day company formation, a cost of living 40 to 50% below London or Paris, and an English-speaking firm on the ground in Riga.
How long until I'm operational?
Company set-up: 2 to 10 business days. Bank account: 1 to 2 weeks. Residency: about 3 weeks total. On average, 3 weeks from first call to invoicing your first client from your new structure.
Ready to set up your EU company?
Book 30 minutes with an English-speaking adviser based in Riga. If we can't help you, we'll tell you in 5 minutes. No commitment.
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