After moving to Tallinn, I thought about setting up a company in Estonia, but the e-residency queues dampened my enthusiasm. A friend recommended Latvia, saying it was faster and cheaper. I searched for
company formation Latvia and immediately found the website I needed. It explains what's required for a micro-SIA (the charter fee is now as low as 1 euro), which documents need to be translated, and which don't. I did it all in a weekend, without even going to Riga. If you want it fast and without surprises, follow this linkâyou won't regret it.