Agricultural holding is an individual company that produces agricultural products using land (it can be owned or given by the municipality). Not a full-fledged legal entity, only with the rights of a legal person. Such companies should be registered in the Commercial Register.
The HP owner is responsible for all of his property for the company’s commitment. In Latvia this form of activity is quite common.
A land register with a certificate of ownership of the land or a decision of the municipality on the land plot for use in the establishment of the farm is required.
Cost of establishment:
Agricultural holding 160.00 EUR
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