What setting up a Latvian SIA actually takes.
The limited liability company (SIA) is the default vehicle for a firm entering the EU: two capital models, a name in Latvian, a real registered address and a board of natural persons. What the Enterprise Register checks, how long it takes and where incorporation hands over to licensing.
The EU crypto licence, from the regulator that is actually issuing them.
Latvijas Banka has become the most active MiCA licensing authority in the Baltics, with free pre-licensing consultations and decisions within months. Here is what the route looks like, what the regulator expects and why firms choose Riga over Vilnius or Tallinn.
An EU payments licence with direct SEPA access.
Licence an e-money (EMI) or payment institution (PI) in Latvia, passport across the EEA, and connect to SEPA through Latvijas Banka's clearing system. When each licence is the right one, and what happens after approval.
The honest comparison.
Hiring in-house takes three to six months and concentrates risk in one person. An outsourced officer fills the seat in weeks with continuity built in. Where each makes sense, and where the regulator decides for you.
One short call. You describe the matter; we tell you the options, the cost and the timeline. No obligation.