Beneficial owners
1. Summary
The association shall, without delay, but no later than 14 days from the date on which the information on the Beneficial owners (PLG) or the change in the relevant information becomes known, submit an application to the Enterprise Register for the registration of the information on the PLG or for the registration of changes made to that information. Changes to the information on the PLG shall also be indicated when applying for changes in the composition of the board of directors.
If a Member of the board resigns himself, the application for information on the beneficial owner need not be provided.
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7 days (not including the day of submission)*Review
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from 0 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:
- an application for registration of information on the beneficial owner;
- 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).
The Enterprise Register has the right to request a documentary justification for the control performed by the PLG, as well as a document confirming the conformity of the information identifying the PLG (a notarised copy of the personal identification document, a statement of the population Register of a foreign state or other documents equivalent to those documents) and a document substantiating a certification that it is not possible to ascertain the PLG!