Branch of a foreign undertaking with right to conduct business
Branch of the foreign merchant is an organizationally independent unit or part of a foreign undertaking that is separated territorially from the main undertaking and where regular commercial activities are conducted on behalf of the relevant merchant in the territory of the Republic of Latvia. Branch is not considered an independent legal entity.
The foreign undertaking being the parent enterprise is fully liable for the activities and obligations of its branch.
The registration at State Registry takes only four business da