Company formation and accounting in Latvia
Last updated: 2012-07-10
Germany GmbH (Gessellschaft mit beschrankter Haftung)

Minimum share capital - 25 000 euro (for the micro companies Unternehmergesellschaft (haftungsbeschränkt) minimum capital - 1 euro)

Method of payment – by cash and property contributions (in kind)

Founder (shareholder) of a company can be a natural and legal person, a resident and non resident of Germany

The minimum number of founders - 1

Member of the board of directors can be a natural person (individual), a resident and non resident of Germany

The minimum number of members of the board of directors - 1

The amount of obligatory payments (governmental fee) - 150 euro, if the share capital paid in cash, and 240 euro, if the share capital is paid by material contribution.

France Société à Responsibilité Limitée (SARL)

Minimum share capital - 1 euro

Method of payment - cash and property contributions (in kind)

Founder (shareholder) of a company can be a legal or natural person (individual), a resident and non resident of France

The minimum number of founders - 2 (but for Entreprise individuelle à responsabilité limitée (EURL) the minimum number of founders is 1)

Member of the board of directors (gerants) can be an individual, a resident and non resident of France

The minimum number of members of the board of directors - 1

The amount of obligatory payments (governmental fee) - about 230 euro (depends on department)

United Kingdom Limited liability company (Ltd)

Minimum share capital - £ 1

Method of payment – by cash and property contributions (in kind)

Founder (shareholder) of a company can be both natural and legal person, a resident and non resident of the UK

The minimum number of founders - 1

Member of the board of directors - both physical and legal persons, both resident and non-resident of the UK

The minimum number of members of the board of directors - 1

The amount of obligatory payments (governmental fee) - the minimum governmental fee is £ 18.00 (if information if filled through the Internet). If documents are submitted in paper form, then the governmental fee is £ 40.00.

Italy Società a responsabilità limitata (Srl)

Minimum share capital - 10,000 euro

Method of payment - by cash and property contributions

Founder (shareholder) of a company can be a natural and legal person, a resident and non resident of Italy

The minimum number of founders - 1 (but in this case, the name of the company shall contain the words “Società Uninominale”)

Member of the board of directors can be an individual, a resident and non resident of Italy

The minimum number of members of the board of directors - 1

The amount of obligatory payments (governmental fee) - stamp duty (Imposta di Bollo) 65,- euro. In addition, obligation to pay an annual fee based on net sales (at least 200 euro). Also, there are additional payments.

Spain Sociedad Limitada (SL)

Minimum share capital - 3,000 euro

Method of payment – by cash and other property contribution

Founder (shareholder) of a company can be a natural and legal person, a resident and non resident of Spain

The minimum number of founders - 1

Member of the board of directors can be and individual or company, a resident and non resident of Spain

The minimum number of members of the board of directors - 1

The amount of obligatory payments (governmental fee) - 18.95 euro for a certificate approving the uniqueness of a name of the company, 155 euro for filing in the Trade Register (REGISTRO MERCANTIL). Also, there are additional payments.

To register company in Spain, please, follow link Spain Company Formation - business services in Madrid, Spain: form a company and run it - accounting, tax, payroll, virtual office.



Comments, questions







You might be interested in:
More about company formation and taxes in Latvia