Changes in the shareholders’ register of a LLC (SIA) with no minimum capital requirement
1. Summary
The Register of Members shall consist of separate compartments, each compartment showing the full current membership composition. Changes in the division shall be made if shares are alienated, information regarding the participant changes, increase of fixed capital takes place.
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1-3 working days (not including the day of submission)*Review
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from 20,00 EURCosts
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Can be done electronicallySubmit documents
* 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;
- a division of the register of participants (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 parts have been acquired as a result of the inheritance);
- the document on the basis of which parts of the judgments of the court have been acquired as a result of the auction or which have come into effect, or a notarised copy thereof;
- questionnaire for inclusion of information in the Register of natural persons of a foreigner (foreigner) who has a legal link with Latvia on the basis of which mutual rights and duties in the field of commercial activities and taxation are formed or have developed, but personal identity number of the Republic of Latvia has not been granted (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)
- 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: 3 days from signing of the partition in the Register of Participants.
If two activities are performed simultaneously (for example, increase of fixed capital and alienation of shares), a separate division of the register of participants shall be submitted for each of these situations