Branch of a foreign company

A branch is a foreign company is a part of a company, which is territorially or otherwise separated from the head office, and commercially its activities are carried out at the location of the branch on behalf of the foreign company. The branch is independent of the organizational perspective, however, it is legally dependent on the foreign company and its activities are binding for the head office.

A branch in Latvia could be established by a foreign company.

More information regarding the company formation in Latvia.