An individual merchant is a natural person who carries out an economic activity.

An individual merchant is responsible for his obligations with all his belongings.
Now that it is possible to register with SIA Eur 1, individual merchant (IK) is not the most popular business form in Latvia. Individual merchant plus is the ability to make simplified accounting.

Necessary information:
– Name
– Copy of Founder’s Passport and Residence Address ·
– Legal address (may coincide with residence address)

Registration costs:

Individual merchant 120.00 EUR

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