Commercial Law amendments in the works

Oct 22, 2009
By Kristine Sakarne [Kronbergs & Cukste]

Latvia is with increasing frequency introducing various amendments to its existing laws, with a view to reducing barriers to entrepreneurship and to honor its international commitments. In this connection the government of Latvia has prepared a number of draft amendments to the Commercial Law, an important law governing registration and company management.  Minimum capital requirement reduction The Commercial Law provides that the minimum share capital of a company may be deposited w ...

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