The share capital may be increased only when all existing shares have been fully paid up. The share capital shall be regarded as increased from the day when the new amount of the share capital is entered in the commercial Register.

^{* 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;
• minutes of the meeting of stockholders (signatures to be certified);
• the new version of the Statutes (signatures to be certified);
• the text of the amendments to the Statutes;
• the provisions for the increase of fixed capital;
• a statement of the board of directors regarding the state of payment of the share capital;
• an extract from the minutes of the meeting of the Board of Directors with a decision on the increase of the share capital in the case referred to in Section 249, Paragraph four of the commercial Law and an extract from the minutes of the meeting of the Council with a decision to allow the board of directors to increase the share capital;
• an opinion regarding the value of the property investment, if the equity capital is paid up with the property investment;
• a document certifying the transfer of the financial contribution to the company, if the share capital is paid up with the financial contribution and it has already been transferred to the company;
• if the property investment is performed with transferable securities and money market instruments, which are included in a regulated market registered (licensed) in a European Union Member State or a European Economic area State at least two years prior to the taking of a decision to increase the equity capital, a certification that no significant circumstances have arisen which affect the value of the property investment;
• 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;
• a receipt or a copy thereof, or a printout of an Internet bank payment, or information regarding payment of the State fee.

Deadline for submission of documents in the Enterprise Register: 14 days from the decision.

If the share capital is increased, including the positive difference or the mandatory reserve, documents certifying their inclusion in the share capital need not be submitted.