A decision regarding changes in the composition of the Council shall be taken by the meeting of shareholders. The Assembly of Members may decide to appoint or remove each Member of the Council individually. If the articles of association provide for the regulation of the Council applicable to joint stock companies regarding the appointment of the Council, the Assembly of Members shall elect the entire composition of the Council at the same time. A Member of the Council shall have the right to resign himself.

We note that under commercial Law, participants/shareholders have the right to participate and vote in the meeting remotely, or to vote before the meeting. Read more in the Explanatory Notes on Remote participation in meetings of Members, shareholders and Members section.

^{* 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 KR18;
• minutes of the meeting of shareholders or a decision in which changes in the composition of the Council have been decided (signatures shall be certified, if provided for in the articles of association);
• consent of each Member of the Council to hold office (if a new Council has been elected);
• notice of resignation of a Member of the Council (if he has resigned himself);
• 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 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).

Deadline for submission of documents in the Enterprise Register: 14 days from the taking of the Decision

View information on how to become an official and administrative Member of the merchant, as well as duties and authorisation thereof.