Registration of a foundation
1. Summary
A foundation shall acquire the status of a legal person with the time it is entered in the register of associations and foundations.
-
7 working days (not including the day of submission)Review
-
from 10,24 EURCosts
-
Can be done electronicallySubmit documents
Documents to be submitted:
- application form B2;
- establishment decision;
- the statutes;
- when establishing a psychiatry foundation, a true copy of the will duly certified, as well as documents certifying the powers of the trustee and the entry into force of the will, shall be attached not to the decision on the establishment. If the will does not contain the information necessary in the decision regarding the establishment of a foundation, the articles of association of the foundation to be established or the members of the board of directors have not been appointed, the executor, heir or trustee of the will shall perform the relevant activities (drafting of the articles, appointment of the members of the board);
- the taking of a position of written consent of the members of the Management Board;
- if a foundation is founded by a foreign legal person, it is necessary to submit to the Enterprise Register a statement from the competent authority of the country concerned that such legal person exists and that the person who acts as the legal representative of that legal person (signs up or authorizes the person who signs) has the right to act on behalf of the relevant foreign legal person;
- a third-country national (alien) who has a legal relationship with Latvia on the basis of which mutual rights and duties in the field of commercial activity and taxes are formed or have been established, but has not been granted the personal identity code of the Republic of Latvia, a questionnaire for the inclusion of information in the Register of Natural Persons (to be signed by the third-country national with a secure electronic signature in order to submit electronically;, this document shall not be submitted);
- if it is not possible to submit to the service portal, a receipt or a copy thereof, or a printout of an online bank payment, or information on the payment of the State fee, must be attached.