Overview
| Field | Value |
|---|---|
| Region | Europe |
| ISO 3166-1 | LV / LVA |
| Registry | UR |
| Last updated | 2026-05-06 |
Identifiers
Collect two identifiers from each business customer in Latvia and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | Reģistrācijas numurs | VID |
businessInfo.businessEntityId | Reģistrācijas numurs | VID |
Sector regulators
Latvijas Banka · FID · PTAC
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Sabiedrība ar ierobežotu atbildību | SIA | Private limited-liability company; quota-based membership interests; minimum share capital EUR 2,800 (or EUR 1 for micro-SIA); the dominant SME vehicle in Latvia. Equivalent to a US LLC. |
| Akciju sabiedrība | AS | Joint-stock company with freely transferable shares; minimum share capital EUR 25,000; supervisory board (padome) mandatory. Closest US equivalent: C-Corp. |
| Eiropas komercsabiedrība | SE | European Company (Societas Europaea) governed by EU Regulation 2157/2001; share-capital company treated as AS under Latvian law; minimum share capital EUR 120,000; registered office may be transferred across EU member states without liquidation. Closest US equivalent: C-Corp. |
| Individuālais komersants | IK | Sole trader registered with the UR; no separate legal personality from the owner; unlimited personal liability; no minimum capital requirement. Equivalent to a US Sole Proprietorship. |
| Pilnsabiedrība | PS | General partnership; two or more partners, all bearing unlimited joint and several liability for partnership obligations. Equivalent to a US General Partnership (GP). |
| Komandītsabiedrība | KS | Limited partnership; at least one general partner with unlimited liability and at least one limited partner whose liability is capped at their contribution. Equivalent to a US Limited Partnership (LP). |
| Kooperatīvā sabiedrība | ks. | Cooperative society; voluntary association of at least three natural or legal persons formed to advance members’ common economic interests; has separate legal personality. Closest US equivalent: Cooperative. |
| Ārvalstu komersanta filiāle | — | Branch of a foreign merchant registered with the UR; organisationally independent unit operating in Latvia under the foreign parent’s name and legal personality; not a separate legal entity. Closest US equivalent: Branch/Rep Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | All required: Reģistrācijas apliecība + UR izraksts |
| Constitutive Documents | Any one of: Statūti · Dibināšanas līgums |
| Tax Registration | All required: VID reģistrācijas apliecība + PVN reģistrācijas apliecība |
| Operating Permit | Pašvaldības atļauja |
| Ownership Records | Any one of: Dalībnieku reģistrs · Akcionāru reģistrs |
| Governance Records | UR izraksts |
| Signing Authority | Any one of: Valdes lēmums · Prokūra · Pilnvara |
| Address | Any one of: Īres līgums · Komunālo pakalpojumu rēķins · Bankas konta izraksts |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| Reģistrācijas apliecība (UR registration certificate) | Legal Registration |
| UR izraksts (Uzņēmumu reģistrs current extract) | Legal Registration |
| Statūti (SIA/AS) | Constitutive Documents |
| Dibināšanas līgums (PS/KS) | Constitutive Documents |
| VID reģistrācijas apliecība | Tax Registration |
| PVN reģistrācijas apliecība | Tax Registration |
| Pašvaldības atļauja (municipal permit) | Operating Permit |
| Dalībnieku reģistrs (SIA — members’ register) | Ownership Records |
| Akcionāru reģistrs (AS — share register) | Ownership Records |
| UR izraksts (valdes locekļi) | Governance Records |
| Valdes lēmums (board resolution) | Signing Authority |
| Prokūra (UR-registered commercial procuration) | Signing Authority |
| Notariāli apliecināta pilnvara (notarised power of attorney) | Signing Authority |
| Īres līgums | Address |
| Komunālo pakalpojumu rēķins (≤90 dienām) | Address |
| Bankas konta izraksts (≤90 dienām) | Address |
| Sector-Specific License | Latvijas Banka license (credit institution, insurance, investment firm, payment institution, e-money, CASP/MiCA) |
Collection notes
- Legal Registration: UR extract is the live authoritative record; certificate alone may be stale.
- Constitutive Documents: Statūti are the constitutive document for capital companies; filed with UR and publicly retrievable.
- Tax Registration: Non-VAT entities: VID registration confirmation suffices. VAT number = “LV” + 11-digit reg. no.
- Operating Permit: No single universal national business license; activity-specific permits issued by relevant municipal or national authority.
- Sector-Specific License: Latvijas Banka absorbed FKTK effective 2023-01-01 and is now sole prudential + conduct supervisor.
- Governance Records: Board members (valdes locekļi) are listed on the public UR extract; padomes locekļi (supervisory board) appear for AS.
- Signing Authority: Prokūra is registered with UR and appears on the extract; broader PoA must be notarized.
- Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Valdes loceklis (board member, executive) | CONTROLLING_PERSON | Member of valde (management board); exercises day-to-day executive authority and represents the company. |
| Valdes priekšsēdētājs (board chair) | CONTROLLING_PERSON | Chair of the management board; operational lead, not a separate supervisory role in SIA. |
| Padomes loceklis (supervisory board member — AS) | CONTROLLING_PERSON | Member of padome (supervisory council); governance/oversight role in AS; cannot simultaneously be valdes loceklis. |
| Prokūrists (procurist) | LEGAL_REPRESENTATIVE | Holder of prokūra (registered procuration); authorized to legally bind the company; registered with UR. |
| Pilnvarnieks (attorney-in-fact) | LEGAL_REPRESENTATIVE | Holder of notarized pilnvara (power of attorney); broader or limited authority as specified. |
Additional fields
Country-specific fields you’ll need to collect during onboarding, beyond the document uploads.| Field | Applies to | Reason |
|---|---|---|
Personal identity code (personas kods) | shareholder | UR requires the Latvian personal identity code (or passport number for non-residents) for all natural-person UBOs registered in the PLG register. |
Notes
- The VAT number and the registration number are the same 11 digits — the VAT number is simply “LV” prepended. Do not treat them as separate identifiers; confirm VAT registration status separately via VID’s online registry.
- Latvijas Banka absorbed the FKTK (Financial and Capital Market Commission) on 2023-01-01. Any reference to “FKTK” in documents pre-dating 2023 now maps to Latvijas Banka’s supervision department. Legacy FKTK license numbers remain valid.
- AS must have a supervisory board (padome) by statute for all joint-stock companies; padome is optional for SIA. Padomes locekļi (supervisory-board members) and valdes locekļi (management-board members) both roll up to CONTROLLING_PERSON; capture each individually when both bodies exist.
- Micro-SIA (share capital < EUR 2,800, min EUR 1) is a valid legal form but subject to profit distribution restrictions until capital reaches EUR 2,800; flag during onboarding if share capital appears below standard threshold.