What are the types of companies in Latvia?

There are various types of companies in Latvia. Here are some common company types:

1. Limited Liability Company (SIA): SIA is the most common type of company and is a company with at least one partner. Partners share the company's profits and losses but have limited liability for the company's debts.

2. Joint Stock Company (AS): AS is a company that raises capital through shares. At least one founder and a certain amount of capital are required. Shares can also be sold publicly. 3rd Person Company: A sole proprietorship is a simple type of company run by one person. The owner of the sole proprietorship company fully assumes the profits and losses of the company and is fully responsible for the company's debts.

4. Partnership Company: Partnership company is a company run by two or more people. Partners share in the profits and losses of the company and may have limited or unlimited liability for the company's debts.

5. Cooperative Company: A cooperative company is a business based on the principles of joint work and solidarity of its partners. Cooperatives aim to protect the interests of their members and share their profits. These are just examples of some types of companies. There are different company types and regulations in Latvia, so it is important to consult local laws before establishing a company.