Any independent part of a foreign company or organization established and located in the Republic of Latvia. The establishment of such companies is most often aimed at marketing activities and promoting the type of business, name and production of a particular foreign company or organization before entering the market to conduct a business.
There is a difference in the registration of permanent establishments, which must be done if the agency is engaged in an economic activity and makes a profit. It must then be registered with the SRS. In this case, you have to pay taxes in accordance with Latvian legislation.
Cost of establishment:
Representation 300.00 EUR
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