on registration and selection of the company’s registration form in Latvia (JSC, LLC, IC, etc.) both for residents and non-residents;
Benefits of shell company are:
- Time saving. The process of incorporation requires time, faster registration costs more money because of higher state fees. It is faster to change owner of existing company.
- Corporate longevity. Some partners or credit institutions may look at registration date before proceeding cooperation. Possible clients will trust older company, which could be used for advertising.
- History of your business. Enhances corporation’s image with age and increases credibility.
- Need in bank loan. It may be easier if you can show your history of being incorporated.