Latvia: Types of Company
A Limited Partnership is a company in which two or more partners operate under a common business name. A natural person or legal person may be a member of the partnership. At least one partner is liable for the obligations of the Limited Partnership with all of his, her, or its assets, while the liability of the remaining personally liable partners is not limited.
Documents needing to be filed with the Registrar include:
- An application to register;
- Notarised sample signatures of those members of the Limited Partnership who are authorised to represent the company;
- Receipt for the payment of the state fee (LVL100) for recording of the Limited Partnership in the Commercial Register;
- Receipt confirming payment (LVL24) for the announcement in the official newspaper Latvijas Vestnesis.