SIA Registration Costs 2026: State Fees and Total Budget

The state fee for registering a SIA in Latvia is EUR 150 for standard processing or EUR 250 for express. But the state fee is only one line item. The actual total cost of getting a SIA from zero to operational ranges from EUR 600 to EUR 4,150 — depending on your share capital choice and whether you need a virtual office, notary services, or professional help with documents.

Here's every cost you should budget for in 2026.

Complete Cost Breakdown

| Expense | Amount | Notes | |---|---|---| | State registration fee | EUR 150 (standard) / EUR 250 (express) | Standard: 1–3 business days. Express: same or next day | | Share capital deposit | EUR 1–2,800 | EUR 2,800 standard; EUR 1 minimum for micro-capital SIA | | Notary fees | EUR 0–150 | Not needed for single-shareholder SIA using e-signature | | Legal address | EUR 300–600/year | Virtual office; free if using own premises | | Bank account opening | EUR 0–50 | Some banks charge setup fees | | Accounting setup | EUR 100–300 | Chart of accounts, initial configuration | | Professional registration assistance | EUR 200–500 | Optional; covers document prep and filing | | Total (standard capital) | EUR 3,400–4,150 | | | Total (micro-capital, EUR 1) | EUR 600–1,350 | |

The biggest variable is share capital. Choosing micro-capital (from EUR 1) versus standard (EUR 2,800) changes the total dramatically. But remember — that EUR 2,800 isn't a fee. It stays in your company's bank account as an asset. You're capitalizing your business, not paying the government.

Hidden Costs to Watch

Ongoing legal address costs. The EUR 300–600 is annual, not one-time. Budget for this recurring expense.

Monthly accounting. After registration, expect EUR 100–300 per month for basic bookkeeping. This isn't optional — Latvian law requires it from day one.

Industry licenses. Depending on your sector, licensing fees range from EUR 50 to several thousand euros. Check before you budget.

Address or statute changes. If you need to change your legal address or modify articles of association later, each change costs EUR 20–40 in state fees plus potential notary costs.

For a complete walkthrough of the registration process itself, see our SIA registration step-by-step guide.

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