Termination of the activities of an sole trader (IK)
1. Summary
The merchant has the right to voluntarily suspend his or her activities for a maximum period of three years. The activity of the merchant has been suspended from the day when information regarding the suspension of the activity of the merchant has been entered in the commercial Register. Before taking a decision to suspend activities, the merchant shall submit a notification to the Enterprise Register to creditors regarding the intention to suspend activities.
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1-3 darba dienas (neskaitot iesniegšanas dienu)*Review
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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 KR1;
- 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: 14 days from the decision.