Registered shares are listed in the shareholders Register. The rights arising from a registered share shall be vested in a person who has been entered as a shareholder in the Register of shareholders. The shareholder register shall consist of separate compartments, each compartment showing the full current composition of the shareholders. Changes in the division shall be made if the shares are alienated, information regarding the shareholder changes, increase or reduction of the equity capital takes place if the shares are acquired by the company itself.

^{* The statutory time limit for examining documents may be extended on the basis of Section 64, Paragraph two of the Administrative Procedure Law.}

Documents to be submitted:

• application form SE2;
• a division of the register of stockholders (signatures shall be certified - or notarially, or with a secure e-signature in order to submit electronically);
• a notarised copy of the certificate of inheritance (if the shares have been acquired as a result of the inheritance);
• the document on the basis of which the shares were acquired as a result of the auction or by a court judgment which has come into effect, or a notarised copy thereof;
• a questionnaire for inclusion of information in the Register of natural persons (to be signed by the foreigner himself or herself with a secure electronic signature in order to submit electronically; if there is no secure electronic signature, this document shall not be submitted) of a foreigner (foreigner) who has a legal link with Latvia on the basis of which mutual rights and obligations in the field of commercial activities and taxes are formed or have developed, but no personal identity number of the Republic of Latvia has been granted;
• if the particular type of service is not available on the e-services portal registrs.ur.gov.lv or the application is submitted via postal services, information regarding payment of the State fee shall be appended (receipt or a copy thereof, or printout of an Internet bank payment or free text information). Important! To make sure that the specific application is submitted electronically to the e-service registrs.ur.gov.lv, please search your service in the detailed list of services.

Deadline for submission of documents in the Enterprise Register: 3 days from signing of the division of the shareholders Register.

If two activities are performed simultaneously (for example, increase of fixed capital and alienation of shares), a separate division of the shareholder register shall be submitted for each of these situations.