AS "PADVA, PARINOV UN PARTNERI"

Immigration Law:

• Preparation of all required documentation for obtaining a residence permit in Latvia;

• Drafting of necessary contracts and legal documents, including employment contracts for board members, council members, and other officers, required for obtaining a work permit;

• Full support with documentation submission to the Office of Citizenship and Migration Affairs (OCMA) and the State Employment Agency.

Residence Permit in Latvia:

• Consulting on Latvian immigration legislation;

• Consulting on Latvian tax law, including assistance in selecting the optimal solution for commercial use of real estate, and organizing accounting services;

• Visa and organizational support during the initial stage. Preparation of invitation letters for investors and their family members;

• Preparation of all required migration documents. Personal assistance during document submission to the Migration Department of the Ministry of the Interior of Latvia in Riga (for receiving the residence permit/ID card), as well as support with obtaining a medical certificate and health insurance policy;

• Preparation of documents for annual residence permit renewal. Personal assistance during submission to the Migration Department;

• Acting as the Client’s legal representative in the Republic of Latvia – monitoring the full legal process, representing the Client before government and municipal institutions, as well as before third parties;

• Other services and actions in the Client’s interests as required in each individual case.

Real Estate Services:

• Consulting on the Latvian real estate market;

• Organization of search and viewings for residential and commercial properties directly from owners and leading developers;

• Coordination of finishing and improvement works for purchased properties, in accordance with the highest quality standards;

• Property management services — monitoring and maintaining real estate during the owner’s absence, finding suitable tenants, utility management (meter readings, minor repairs, etc.), timely bill payments, tax payments, and preparation/submission of the annual tax return.

Legal Support for All Types of Real Estate Transactions:

• Legal analysis and preparation of expert opinions on the legality of acquiring ownership rights to real estate;

• Legal due diligence of transactions in terms of zoning regulations and property encumbrances;

• Legal assistance with the state registration of ownership rights and transactions involving real estate (purchase/sale, lease, mortgage, etc.);

• Re-registration of ownership rights.

Comprehensive Legal Support for Businesses:

• Company registration and legal support in Latvia;

• Review of documents confirming business activity, for clients seeking to open bank accounts for existing companies;

• Legal support for financing projects, including drafting and reviewing contracts and other documents required for various civil-law transactions, as well as for establishing employment relationships;

• Deal structuring, including in-depth legal and tax due diligence related to business and property acquisitions;

• Fiduciary (nominee) account management;

• Legalization of documents and apostille certification;

• Provision of a legal address and secretarial services for companies in Latvia.

Financial and Legal Due Diligence of Companies:

We offer independent business reports on companies and organizations within the European Union.
These reports are compiled from specialized databases, verified sources, and official registries, and are presented in a structured format suitable for submission to relevant government authorities.
Where necessary, the business report can be supplemented with an expert analytical opinion assessing the level of risk and reliability of the company.

We also conduct legal and financial due diligence of companies registered in Latvia.
This includes a comprehensive review of:

• Statutory and corporate documents;

• Ownership rights;

• Outstanding liabilities;

• Licenses and permits;

• Contracts and agreements;

• Financial and tax reports.

Accounting Services:

• Registration with the State Revenue Service’s electronic declaration system (EDS);

• Bookkeeping of assets, liabilities, business transactions, fixed assets, and material/intangible assets;

• Preparation of tax reports, calculation of taxes, duties, and mandatory social insurance contributions;

• Preparation of monthly, quarterly, or semi-annual reports and submission to relevant institutions or organizations;

• Preparation and submission of the annual report to the State Revenue Service.