{"id":2375,"date":"2026-03-03T14:11:39","date_gmt":"2026-03-03T12:11:39","guid":{"rendered":"https:\/\/uronline.lv\/?p=2375"},"modified":"2026-03-03T14:11:41","modified_gmt":"2026-03-03T12:11:41","slug":"opening-a-temporary-account","status":"publish","type":"post","link":"https:\/\/uronline.lv\/en\/opening-a-temporary-account\/","title":{"rendered":"Opening a temporary account in 2026: Tips and solutions"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"2375\" class=\"elementor elementor-2375\" data-elementor-post-type=\"post\">\n\t\t\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-78b2708 e-flex e-con-boxed e-con e-parent\" data-id=\"78b2708\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-180d66b elementor-widget elementor-widget-image\" data-id=\"180d66b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"671\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana.jpg\" class=\"attachment-large size-large wp-image-4286\" alt=\"opening a temporary account\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana.jpg 940w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana-300x251.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana-768x644.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana-14x12.jpg 14w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/pagaidu-konta-atversana-600x503.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-17b3015 e-con-full e-flex e-con e-child\" data-id=\"17b3015\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-790d55a elementor-widget elementor-widget-heading\" data-id=\"790d55a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Opening a temporary account in 2026: Tips and solutions<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c783f94 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"c783f94\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-c3dd86c elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/author\/jurists\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tlawyer J\u0101nis Liepi\u0146\u0161\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-85f0f73 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/2026\/03\/03\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>March 3, 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-cafc28c e-flex e-con-boxed e-con e-parent\" data-id=\"cafc28c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-abb9b3a elementor-widget elementor-widget-text-editor\" data-id=\"abb9b3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Opening a temporary account is required before registering a company <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">In the Register of Companies<\/a>which would pay the share capital and manage the other initial funds. The suspense account is an essential step towards the payment of the share capital, which is a prerequisite for the registration of the company in the commercial register. In this article, we will look at the different options for opening a provisional account, including online.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-aea392d e-con-full e-flex e-con e-child\" data-id=\"aea392d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77c5a8c elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"77c5a8c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h5&quot;,&quot;h6&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__77c5a8c\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__77c5a8c\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__77c5a8c\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a33e9e9 e-flex e-con-boxed e-con e-parent\" data-id=\"a33e9e9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-21dfe95 elementor-widget elementor-widget-heading\" data-id=\"21dfe95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Provisional Account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b82f7ee e-flex e-con-boxed e-con e-parent\" data-id=\"b82f7ee\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b7fec2e elementor-widget elementor-widget-text-editor\" data-id=\"b7fec2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A suspense account is a payment account opened before the official registration of a company to pay the share capital of the company to be incorporated.<\/span><\/strong><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">It is the first practical step in setting up a new company (limited liability company).<\/span><\/p>\n<p>Until the company is registered, the money in this account is \"frozen\" and not used for business activities.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-cc22c46 e-flex e-con-boxed e-con e-parent\" data-id=\"cc22c46\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-852be56 elementor-widget elementor-widget-heading\" data-id=\"852be56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How is a suspense account different from a regular current account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-aedfe0d e-flex e-con-boxed e-con e-parent\" data-id=\"aedfe0d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae2b2e9 elementor-widget elementor-widget-text-editor\" data-id=\"ae2b2e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The main difference is the limited functionality: a suspense account is only for the payment of share capital without the possibility of outgoing payments, whereas a regular current account provides a full range of financial services.<\/span><\/strong><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Here are three key differences:<\/span><\/p>\n<ol class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Availability of funds:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The money in the temporary account cannot be used to pay bills, salaries or purchases. Funds only become available once the company is registered and the account is converted into a current account.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Legal status:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A temporary account can be opened by a founder (natural or legal person) for a company that does not yet legally exist. In contrast, a regular company account can only be opened by an already registered company with its own registration number.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Duration:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A temporary account is a temporary solution - it only lasts until the company is registered. If the Registrar of Companies refuses registration, the money in the provisional account is returned to the founders and the account is closed.<\/span><\/p>\n<\/li>\n<\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-e561b33 e-flex e-con-boxed e-con e-parent\" data-id=\"e561b33\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-509fde3 elementor-widget elementor-widget-heading\" data-id=\"509fde3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Opening a temporary bank account<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b1f1108 e-flex e-con-boxed e-con e-parent\" data-id=\"b1f1108\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fe69133 elementor-widget elementor-widget-text-editor\" data-id=\"fe69133\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Historically, the most popular solution is to open a temporary account with a bank such as Swedbank, SEB, Citadele.\u00a0<\/p>\n<p>To do this, you need to submit documents to the bank proving <a href=\"https:\/\/uronline.lv\/en\/product\/registration\/\">company registration<\/a> the process, such as the memorandum and articles of association Once the documents have been submitted, the bank sets up a provisional account into which the share capital is paid.<\/p>\n<p>This process usually takes a few working days, and once the company is registered, the account is converted into a permanent company account. However, it is important to check the bank's requirements and service charges in advance, as these may vary from bank to bank.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-ccf85c1 e-flex e-con-boxed e-con e-parent\" data-id=\"ccf85c1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be5234e elementor-widget elementor-widget-text-editor\" data-id=\"be5234e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Not all banks offer the possibility to open a temporary account remotely. Many banks still require customers to visit a branch in person to submit documents and sign contracts. This can be a disadvantage, especially for entrepreneurs operating in another city or country where a branch of the bank in question is not available. It can also delay the business registration process if a visit to the bank needs to be scheduled.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3408eb9 e-flex e-con-boxed e-con e-parent\" data-id=\"3408eb9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c10670d elementor-widget elementor-widget-heading\" data-id=\"c10670d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advantages and disadvantages of opening a temporary bank account:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3025425 e-flex e-con-boxed e-con e-parent\" data-id=\"3025425\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-92dceba elementor-widget elementor-widget-text-editor\" data-id=\"92dceba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Advantages:<\/strong><\/p>\n<ol>\n<li><strong>Safety:<\/strong> Banks offer a high level of security, which is essential when managing company funds.<\/li>\n<li><strong>Additional services:<\/strong> Banks usually provide a wide range of additional services, such as loans and advice.<\/li>\n<li><strong>Stability:<\/strong> Traditional banks are solid financial institutions with a long track record of delivering business confidence.<\/li>\n<\/ol>\n<p><strong>Disadvantages:<\/strong><\/p>\n<ol>\n<li><strong>A slow process:<\/strong> Opening a bank account can be a slow process, especially if you need to visit a branch in person.<\/li>\n<li><strong>Cost:<\/strong> Banking services are often more expensive than online alternatives. This includes both account maintenance fees and transaction costs.<\/li>\n<li><strong>Limited flexibility:<\/strong> Traditional banks often offer less flexibility in terms of account options compared to online solutions.<\/li>\n<\/ol>\n<p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-size: var( --e-global-typography-text-font-size ); font-style: var( --e-global-typography-text-font-style ); font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: var( --e-global-typography-text-letter-spacing ); text-transform: var( --e-global-typography-text-text-transform ); word-spacing: 0em;\">\u00a0<\/span><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-size: var( --e-global-typography-text-font-size ); font-style: var( --e-global-typography-text-font-style ); font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: var( --e-global-typography-text-letter-spacing ); text-transform: var( --e-global-typography-text-text-transform ); word-spacing: 0em;\">When choosing a bank account, businesses need to consider both the advantages and disadvantages, as well as whether the bank can provide the quality and speed of service they need.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-218fa8a e-flex e-con-boxed e-con e-child\" data-id=\"218fa8a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8a2d095 elementor-widget elementor-widget-text-editor\" data-id=\"8a2d095\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><i>If you are still undecided about the type of company you want to start - check out our free guide - <a href=\"https:\/\/uronline.lv\/en\/establishment-of-a-new-company\/\">Setting up a limited liability company<\/a><\/i><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-e36ca4e e-flex e-con-boxed e-con e-parent\" data-id=\"e36ca4e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-28f201a elementor-widget elementor-widget-heading\" data-id=\"28f201a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Opening a temporary account with Online banks or finance companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8c29156 e-con-full e-flex e-con e-child\" data-id=\"8c29156\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b686515 elementor-widget elementor-widget-image\" data-id=\"b686515\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"420\" height=\"260\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/02\/paysera.jpg\" class=\"attachment-large size-large wp-image-3369\" alt=\"temporary account\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/02\/paysera.jpg 420w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/02\/paysera-300x186.jpg 300w\" sizes=\"(max-width: 420px) 100vw, 420px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-72d5f99 e-flex e-con-boxed e-con e-parent\" data-id=\"72d5f99\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f3de86 elementor-widget elementor-widget-text-editor\" data-id=\"1f3de86\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>With the development of digital technologies, it is becoming increasingly popular among entrepreneurs to have a temporary account remotely or online. Providers of these services include, for example, <strong>Paysera, Revolut Business, Wise Business<\/strong> and others.  Quick and easy opening of a temporary account via the internet.<\/p>\n<p>While some of these companies may require minimal paperwork, they offer more flexibility and speed than traditional banks. These accounts are often compatible with a variety of business tools and provide international payments at competitive prices. In addition, online platforms also offer integration with e-commerce and logistics solutions, accounting software and other business management systems, which can be a significant relief for new businesses.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-20bfd99 e-flex e-con-boxed e-con e-parent\" data-id=\"20bfd99\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-38e2676 elementor-widget elementor-widget-heading\" data-id=\"38e2676\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Temporary bank account or fintech company? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-afc4a0d e-flex e-con-boxed e-con e-parent\" data-id=\"afc4a0d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0939ccd elementor-widget elementor-widget-text-editor\" data-id=\"0939ccd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>When choosing between traditional banks and online solutions, businesses need to consider both speed and cost.<\/p><p>Traditional banks offer security and a wide range of additional services, but their processes can be slower. Online solutions, on the other hand, offer speed and flexibility. Note that some online platforms may not offer the same level of security as traditional banks, which is an important factor if a business is planning to manage large amounts of funds.<\/p><p>In general, opening a temporary account before registering a company is an important step that needs to be considered in the light of the company's needs and the chosen business model. By choosing the most appropriate solution, entrepreneurs can ensure that the process of setting up a company runs smoothly and without unnecessary complications.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-7275545 e-flex e-con-boxed e-con e-parent\" data-id=\"7275545\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-226f134 elementor-widget elementor-widget-heading\" data-id=\"226f134\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The process of setting up a limited liability company - 7 steps<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-acc9fcd e-flex e-con-boxed e-con e-parent\" data-id=\"acc9fcd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-276bde1 elementor-widget elementor-widget-text-editor\" data-id=\"276bde1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The opening of a provisional account is a compulsory requirement for the registration of a company, except in the case where the share capital is paid only by means of a contribution in kind valued by a certified valuer of the Companies Register.<\/p>\n<p><strong>Please note that when opening a temporary account, you will need the company's incorporation documents, memorandum or articles of association and articles of association. This means you will need to have <a href=\"https:\/\/uronline.lv\/en\/product\/registration\/\">For the registration documents of a limited liability company<\/a>.\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-94ff826 e-flex e-con-boxed e-con e-parent\" data-id=\"94ff826\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-af25970 elementor-widget elementor-widget-text-editor\" data-id=\"af25970\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The process of setting up a company involves a number of steps, including registering with the Commercial Register of Companies and opening a fintech company or bank account.\u00a0<\/p>\n<p>Below you will find the necessary sequence of the company formation process.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db2a4d0 elementor-widget elementor-widget-heading\" data-id=\"db2a4d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. The LLC's incorporation documents.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32bc64c elementor-widget elementor-widget-text-editor\" data-id=\"32bc64c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Prepare the Company Incorporation Documents needed to register your LLC <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">In the Register of Companies<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c8793e4 elementor-widget elementor-widget-heading\" data-id=\"c8793e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Temporary account for a limited liability company.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56e2995 elementor-widget elementor-widget-text-editor\" data-id=\"56e2995\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/uronline.lv\/en\/opening-a-temporary-account\/\">Temporary account<\/a> is a mandatory requirement before registering an LLC <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">In the Register of Companies<\/a>.<\/p>\n<p><strong>When you open a temporary account, you will need the incorporation documents, the memorandum or articles of association of your limited liability company. This means you will need to have <a href=\"https:\/\/uronline.lv\/en\/product\/registration\/\">documents for registering a limited liability company<\/a>.\u00a0<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b59af65 elementor-widget elementor-widget-heading\" data-id=\"b59af65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Contribution to the share capital of SIA<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-d45405d e-con-full e-flex e-con e-child\" data-id=\"d45405d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e348b elementor-widget elementor-widget-text-editor\" data-id=\"f2e348b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><\/p><p>The share capital is payable in full until the company's application for registration is filed with the Register of Companies. The cash contribution must be paid into a suspense account.<\/p><p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-cde33f0 e-con-full e-flex e-con e-child\" data-id=\"cde33f0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f43e95 elementor-widget elementor-widget-text-editor\" data-id=\"1f43e95\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The member or members pay the amount of the share capital into a suspense account. If there are several members, each member must pay in his or her share of the share capital.<\/p>\n<p><strong>The Registrar of Companies does not require documents evidencing the share capital contribution<\/strong>,\u00a0\u00a0<em>if the share capital or part of it is paid up in cash and the cash investment does not exceed EUR 50 000. The founders will certify in their application to the Registry that a payment account has been opened in the name of the company to be incorporated and that the share capital has been paid up. The current KR4 form must be used.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6631c70 elementor-widget elementor-widget-text-editor\" data-id=\"6631c70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For more information on the possibilities to contribute share capital -\u00a0<a href=\"https:\/\/uronline.lv\/en\/share-capital-of-sia\/\">Share capital in an LLC: Tips and Options.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d5843d elementor-widget elementor-widget-heading\" data-id=\"3d5843d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Registration of a limited liability company.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-225878f elementor-widget elementor-widget-text-editor\" data-id=\"225878f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Start the LLC registration service <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">In the Register of Companies<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a011014 elementor-widget elementor-widget-heading\" data-id=\"a011014\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">6. Attach the documents for the establishment of the LLC and pay the stamp duty.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-02b9ffd elementor-widget elementor-widget-text-editor\" data-id=\"02b9ffd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Don't forget to electronically sign the documents you need to submit to set up your LLC.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d44331 elementor-widget elementor-widget-heading\" data-id=\"2d44331\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">7. Submit the incorporation documents of the LLC.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73e210b elementor-widget elementor-widget-text-editor\" data-id=\"73e210b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The notary examines the documents submitted for the establishment of an LLC within 1 to 3 working days.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-6525b00 e-flex e-con-boxed e-con e-parent\" data-id=\"6525b00\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f86ea29 elementor-widget elementor-widget-heading\" data-id=\"f86ea29\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Filing the documents for registration of a limited liability company with the Register of Companies.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-cf3c9ab e-flex e-con-boxed e-con e-parent\" data-id=\"cf3c9ab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e179ec3 elementor-widget elementor-widget-text-editor\" data-id=\"e179ec3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Paper filing with the Register of Companies is a thing of the past. <strong>Documents are no longer accepted in person.<\/strong><\/p>\n<p>However, if you want to file on paper, you have to pay for an expensive notary and send the documents by post.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-45d2012 e-flex e-con-boxed e-con e-parent\" data-id=\"45d2012\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-79dcc5f elementor-widget elementor-widget-text-editor\" data-id=\"79dcc5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"text-align: justify;\">URonline specialises in modern technologies and will help you to make <a href=\"https:\/\/uronline.lv\/en\/product\/registration\/\">Registering a Company Ltd 100% Online<\/a>which is an efficient, time- and money-saving solution.<\/span><\/p>\n<p><span style=\"text-align: justify;\">Our <a href=\"https:\/\/uronline.lv\/en\/product\/ur-submission-of-documents\/\">EXPERT e-filing service<\/a> relieve you of the effort or specific knowledge to successfully file the documents and administer the process of registering your LLC.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-a282305 e-flex e-con-boxed e-con e-parent\" data-id=\"a282305\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-62aef12 elementor-widget elementor-widget-text-editor\" data-id=\"62aef12\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Application for the establishment of a limited liability company and the accompanying documents may be submitted by the founders or by an authorised person.<\/p>\n<p><strong>In the e-service.<\/strong><br \/>Documents must be submitted <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">Register of companies<\/a> on the services portal.<br \/>Documents must be signed with an eSignature on a smart card (eID or eSignature card) or on the eParaksts mobile portal <a href=\"https:\/\/www.eparaksts.lv\/lv\/\">www.eparaksts.lv<\/a><br \/>Get your answer via an e-service or e-address.<\/p>\n<p><strong>Send electronically signed documents <a href=\"https:\/\/latvija.gov.lv\/Content\/Eadrese\">e-adres\u0113<\/a> or by email to the Register of Companies.\u00a0<\/strong><\/p>\n<p>an email address is a more secure channel of communication between an individual and the state than email.<\/p>\n<p><strong>By post.<\/strong><br \/>Signed documents can be sent to the Register of Companies by post.<br \/>The payment order for the stamp duty must be enclosed in the consignment. Please note that only notarised documents can be sent this way, which significantly increases the cost of registering the company.<\/p>\n<p>Authentication of signature and capacity to act on applications and requests to public registers (e.g. Land Registry, Commercial Register) - \u20ac23.<\/p>\n<p>In addition, there are fees for data checks, VAT, stamp duty, translation and actual costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-f79c2a3 e-flex e-con-boxed e-con e-parent\" data-id=\"f79c2a3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fcbcfed elementor-widget elementor-widget-heading\" data-id=\"fcbcfed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How does a temporary account become a regular account?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8e8503f e-flex e-con-boxed e-con e-parent\" data-id=\"8e8503f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-25d58ac elementor-widget elementor-widget-text-editor\" data-id=\"25d58ac\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Congratulations! Your company is registered in the Commercial Register and has been assigned a registration number.\u00a0<\/p>\n<p>The decision issued by the Register of Companies on the registration of the company will serve as the basis for the re-registration of the Temporary Account as a permanent current account.<\/p>\n<p>It's a relatively simple and easy step. Fintech companies can do it remotely, but banks may require you to come in person.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-9e00574 e-flex e-con-boxed e-con e-parent\" data-id=\"9e00574\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-638c025 elementor-widget elementor-widget-text-editor\" data-id=\"638c025\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Once the LLC is officially registered in the Commercial Register, the liquidator or a member of the board of directors must go to the bank to convert the temporary account into a permanent current account.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">During this process, the bank updates the customer's information by obtaining data from the Register of Companies and gives the account full functionality - the ability to make transfers, link payment cards and connect to internet banking on behalf of the company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-4ce80f2 e-flex e-con-boxed e-con e-parent\" data-id=\"4ce80f2\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7cd6c52 elementor-widget elementor-widget-heading\" data-id=\"7cd6c52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions (FAQ)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-812e531 e-flex e-con-boxed e-con e-parent\" data-id=\"812e531\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-47dab97 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"47dab97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-47dab97\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"47dab97\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kas-ir-pagaidu-konts-un-kpc-tas-ir-nepiecieams\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-7531\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What is a suspense account and why is it needed?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7531\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"kas-ir-pagaidu-konts-un-kpc-tas-ir-nepiecieams\"><p><span class=\"ng-star-inserted\">A provisional account is a special account opened with a bank or financial institution prior to the registration of a Limited Liability Company (LLC) with the Register of Companies. It is a mandatory step for the founders to be able to contribute to the share capital of the company.<\/span><span class=\"ng-star-inserted\"> After the successful registration of the company, this account is converted into a permanent company current account.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-es-varu-reistrt-sia-bez-fiziska-biroja\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-7532\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Can I register an LLC without a physical office?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7532\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"vai-es-varu-reistrt-sia-bez-fiziska-biroja\"><p class=\"ng-star-inserted\">Yes, you can register an LLC without a physical office, but a registered office is a requirement. You can register a registered office in real estate owned by yourself, with the owner's permission in the property of friends or family members, or use a virtual office service. However, be careful with virtual addresses as they may have a low degree of reliability if a large number of companies are registered there.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"cik-ilgu-laiku-aizem-sia-reistrcija-uzmumu-reistr\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-7533\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How long does it take to register an LLC with the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7533\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"cik-ilgu-laiku-aizem-sia-reistrcija-uzmumu-reistr\"><p class=\"ng-star-inserted\">After submitting all the necessary documents to the Register of Enterprises, the notary public examines them within one to three working days on average. The process may take longer if errors or omissions are found in the documents.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-ir-bieks-kdas-iesniedzot-dokumentus-uzmumu-reistram\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-7534\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What are the most common mistakes when submitting documents to the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7534\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"kdas-ir-bieks-kdas-iesniedzot-dokumentus-uzmumu-reistram\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The most common problems that can cause the Register of Companies to delay or refuse registration are:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Incorrect application form (KR4).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">One of the required documents is missing, such as the consent of a board member.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Documents are not signed with a secure electronic signature (eSignature) or not notarised (if sent by post).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No payment of the stamp duty or proof of payment.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The legal address does not have an accurate cadastral designation or there is doubt about the legal basis for its use.<\/span><\/p>\n<\/li>\n<\/ul><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-es-varu-atvrt-pagaidu-kontu-tiesaist-neapmekljot-banku\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-7535\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Can I open a temporary account online without visiting a bank?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7535\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"vai-es-varu-atvrt-pagaidu-kontu-tiesaist-neapmekljot-banku\"><p><span class=\"ng-star-inserted\">Today, many financial technology (Fintech) companies, such as Paysera, Revolut Business or Wise Business, offer the possibility to open a temporary account completely remotely. Several traditional banks, such as Citadele and SEB, also offer this online option, which speeds up the process considerably.<\/span><span class=\"ng-star-inserted\">\u00a0However, there are still banks that require a personal presence, so it is important to check this in advance.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdi-dokumenti-ir-nepiecieami-lai-atvrtu-pagaidu-kontu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-7536\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What documents are required to open a temporary account?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7536\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"kdi-dokumenti-ir-nepiecieami-lai-atvrtu-pagaidu-kontu\"><p>To open a temporary account, you must already have the company formation documents in place. Usually, a memorandum of association (if there is one founder) or a memorandum of association (if there are several founders) and the company's articles of association are required.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kda-ir-atirba-starp-pagaidu-kontu-bank-un-revolut-tipa-platform\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-7537\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What is the difference between a temporary bank account and a Revolut-type platform?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7537\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"kda-ir-atirba-starp-pagaidu-kontu-bank-un-revolut-tipa-platform\"><p class=\"ng-star-inserted\">The main differences are speed, cost and process. Fintech platforms generally offer faster and cheaper account opening, which is done completely remotely. Traditional banks may offer a wider range of additional services (e.g. credit) and seem more reliable to many, but the process can be slower and more expensive, sometimes requiring a visit to a branch.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-man-ir-jiesniedz-bankas-izzia-uzmumu-reistram-par-pamatkapitla-iemaksu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-7538\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Do I have to submit a bank statement to the Registrar of Companies for the share capital contribution?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7538\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"vai-man-ir-jiesniedz-bankas-izzia-uzmumu-reistram-par-pamatkapitla-iemaksu\"><p><span class=\"ng-star-inserted\">No, in most cases it is not necessary. If the share capital is paid up in cash and the amount does not exceed EUR 50 000, the founders simply have to certify on the application form (KR4) that the share capital has been paid up.<\/span><span class=\"ng-star-inserted\">\u00a0A bank or payment institution certificate is only compulsory if the cash investment exceeds EUR 50 000.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-es-joprojm-varu-iesniegt-dokumentus-uzmumu-reistr-kltien\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-7539\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Can I still submit documents in person to the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-7539\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"vai-es-joprojm-varu-iesniegt-dokumentus-uzmumu-reistr-kltien\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No, face-to-face acceptance is a thing of the past. Nowadays, documents are submitted electronically via the Service Portal of the Register of Enterprises or by sending them with a secure electronic signature to an e-address.<\/span><span class=\"ng-star-inserted\">\u00a0Submission by post is possible, but the signatures on the documents must then be notarised, which makes the registration process much more expensive.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"k-es-varu-pierdt-ka-pamatkapitls-ir-apmaksts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-75310\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How can I prove that the share capital has been paid up?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75310\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"k-es-varu-pierdt-ka-pamatkapitls-ir-apmaksts\"><p>If the share capital is paid up in cash and the amount does not exceed EUR 50 000, a separate certificate from the bank or payment institution need not be submitted to the Register of Companies. The founders must certify in the application form KR4 that a temporary account has been opened in the name of the company to be incorporated and that the share capital has been paid into it.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kpc-uzmumu-reistrs-vartu-atteikt-mana-uzmuma-reistrciju\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-75311\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Why might the Registrar of Companies refuse to register my company?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75311\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"kpc-uzmumu-reistrs-vartu-atteikt-mana-uzmuma-reistrciju\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The reasons for refusal can vary:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Incorrectly filled in documents:<\/span><\/strong><span class=\"ng-star-inserted\"> Incorrect or incomplete application form (KR4), errors in the statutes or in the memorandum of association.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Problems with the legal address:<\/span><\/strong><span class=\"ng-star-inserted\"> The address has no legal basis (e.g. no consent from the owner) or is on the list of addresses at risk.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Board member ineligibility:<\/span><\/strong><span class=\"ng-star-inserted\"> You are a board member of other companies with tax arrears or no annual accounts.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Incorrect payment of stamp duty:<\/span><\/strong><span class=\"ng-star-inserted\"> The levy has not been paid in the correct amount or has not been deposited via the payment module of the UR portal.<\/span><\/p>\n<\/li>\n<\/ul><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"ko-dart-ja-esmu-kdjies-iesniedzot-dokumentus\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"12\" aria-controls=\"elementor-tab-content-75312\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What if I have made a mistake when submitting my documents?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75312\" class=\"eael-accordion-content clearfix\" data-tab=\"12\" aria-labelledby=\"ko-dart-ja-esmu-kdjies-iesniedzot-dokumentus\"><p>If the notary public of the Register of Companies finds deficiencies, he will decide to postpone the registration and give a deadline for correcting the deficiencies. You will have to submit the corrected documents through the same channel where you originally submitted them (e.g. the UR portal).<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"ko-nozm-ja-mana-juridisk-adrese-ir-riska-adrese\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"13\" aria-controls=\"elementor-tab-content-75313\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What does it mean if my registered office address is a \"risk address\"?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75313\" class=\"eael-accordion-content clearfix\" data-tab=\"13\" aria-labelledby=\"ko-nozm-ja-mana-juridisk-adrese-ir-riska-adrese\"><p>The SRS may put an address on the list of risk addresses if it has a large number of registered businesses that are unreachable or have tax irregularities. If your chosen address is on this list, the Registrar of Companies may refuse to register a new company at that address.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-man-obligti-nepiecieams-notra-apstiprinjums\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"14\" aria-controls=\"elementor-tab-content-75314\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Do I need a notary's approval?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75314\" class=\"eael-accordion-content clearfix\" data-tab=\"14\" aria-labelledby=\"vai-man-obligti-nepiecieams-notra-apstiprinjums\"><p>No, if you submit all documents electronically and sign them with a secure e-signature (e.g. eID card or eParaksts mobile), you do not need a notary. Notarisation is only required if you choose to send your documents by post.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kas-notiek-ar-pagaidu-kontu-pc-uzmuma-reistrcijas\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"15\" aria-controls=\"elementor-tab-content-75315\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What happens to the temporary account after company registration?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-75315\" class=\"eael-accordion-content clearfix\" data-tab=\"15\" aria-labelledby=\"kas-notiek-ar-pagaidu-kontu-pc-uzmuma-reistrcijas\"><p>Congratulations! Once you have received the decision of the Registrar of Companies on the registration of the LLC, you need to contact your bank or financial institution to re-register the temporary account as a fully-fledged permanent company current account. Fintech companies can usually do this remotely, but some banks may ask you to come in person.<\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5249189 e-flex e-con-boxed e-con e-parent\" data-id=\"5249189\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4a0d92d elementor-widget elementor-widget-heading\" data-id=\"4a0d92d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common mistakes and problems<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-98b7e14 e-flex e-con-boxed e-con e-parent\" data-id=\"98b7e14\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c44991 elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"5c44991\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-5c44991\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"5c44991\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-9671\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incomplete or incorrect documents<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9671\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\"><p><span class=\"ng-star-inserted\">One of the most common problems is errors in the application form (KR4), memorandum or articles of association.<\/span><span class=\"ng-star-inserted\">\u00a0This may include inaccurate information, non-compliance with the requirements of the Commercial Code or simple typographical errors. The consequence is refusal of registration or suspension of proceedings until the errors are corrected.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-uzmuma-nosaukuma-izvl\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-9672\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Mistakes in choosing a company name<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9672\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"kdas-uzmuma-nosaukuma-izvl\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The name of the company must be unique - it must not be the same as a name already registered or applied for registration.<\/span><span class=\"ng-star-inserted\">\u00a0The name must also not be misleading or contrary to good morals. Often founders do not check the availability of a name or try to register a name that is very similar to an existing one.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"problmas-ar-juridisko-adresi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-9673\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Problems with your legal address<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9673\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"problmas-ar-juridisko-adresi\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Registration requires a registered office. Problems arise if the address does not correspond to the National Address Register or if the property owner's consent has not been obtained.<\/span><span class=\"ng-star-inserted\"> If the property has several owners, the consent of all is required.<\/span><span class=\"ng-star-inserted\"> Sometimes an address is given where it is not actually possible to receive correspondence, which can cause problems with public authorities in the future.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"neskaidrbas-ar-pamatkapitla-iemaksu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-9674\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Uncertainties with the share capital contribution<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9674\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"neskaidrbas-ar-pamatkapitla-iemaksu\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">For the establishment of a full-fledged LLC (with share capital above EUR 2,800), you need to open a temporary bank account and make a share capital contribution before submitting the documents to the Register of Companies.<\/span><span class=\"ng-star-inserted\">\u00a0Errors occur when the contribution is not made in full or by someone other than the founder.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nav-nordti-patiesie-labuma-guvji-plg\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-9675\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">No Beneficiaries (PLG)<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9675\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"nav-nordti-patiesie-labuma-guvji-plg\"><p>The law requires disclosure of information about the beneficial owners of the company - natural persons who directly or indirectly control the company. Failure to provide this information or providing false information is grounds for refusal of registration.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"problmas-ar-pamatkapitla-iemaksu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-9676\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Problems with the share capital contribution<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9676\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"problmas-ar-pamatkapitla-iemaksu\"><p><span class=\"ng-star-inserted\">Often, mistakes are made when paying in share capital. For example, if there are several founders, each must pay his or her share from his or her personal account.<\/span><span class=\"ng-star-inserted\">\u00a0It is also important to indicate the correct purpose of the payment: 'share capital contribution'.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizs-dokumentu-formts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-9677\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect document format<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9677\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"nepareizs-dokumentu-formts\"><p class=\"ng-star-inserted\">Make sure the documents are in the correct format.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"neatbilstos-e-paraksts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-9678\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Inadequate e-signature<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9678\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"neatbilstos-e-paraksts\"><p>Documents must be signed with a secure electronic signature and time stamp.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizi-samaksta-valsts-nodeva\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-9679\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect payment of stamp duty<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-9679\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"nepareizi-samaksta-valsts-nodeva\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Before submitting the documents, you must make sure that the amount of the stamp duty is correct and that you have paid it.<\/span><span class=\"ng-star-inserted\"> Any incorrect or overpaid amount can be recovered by applying to the Companies Registry.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-96710\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">The Registrar of Companies has detected an error in the documents submitted<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-96710\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\"><p><span class=\"ng-star-inserted\">If the UR finds an error, the notary public postpones the decision for up to 30 days, pointing out the deficiencies.<\/span><span class=\"ng-star-inserted\"> It is important to react promptly to such decisions and make the necessary corrections so that the registration process is not delayed and stamp duty is not lost.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"valdes-loceku-iecelanas-ierobeojumi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-96711\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Restrictions on the appointment of members of the Management Board<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-96711\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"valdes-loceku-iecelanas-ierobeojumi\"><p>A person who has been disqualified from exercising commercial activity by a court judgment or who is included in the SRS list of persons at risk cannot be appointed as a member of the Management Board. Similarly, a member of the Supervisory Board of the same company may not be a member of the Management Board.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareiza-valdes-prstvbas-tiesbu-noteikana\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"12\" aria-controls=\"elementor-tab-content-96712\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect determination of the board's representational rights<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-96712\" class=\"eael-accordion-content clearfix\" data-tab=\"12\" aria-labelledby=\"nepareiza-valdes-prstvbas-tiesbu-noteikana\"><p>If there are several members on the board, it is necessary to determine precisely their rights of representation - whether each can act alone or only together. A situation should not arise where one member has only a formal right of representation.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"laika-plnoanas-kdas\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"13\" aria-controls=\"elementor-tab-content-96713\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Time Scheduling Errors<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-96713\" class=\"eael-accordion-content clearfix\" data-tab=\"13\" aria-labelledby=\"laika-plnoanas-kdas\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Founders often underestimate the time it takes to open an account, assuming it will happen within a day.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">It is assumed that the temporary account will be opened immediately, but the process can take several working days in traditional banks.<\/span><span class=\"ng-star-inserted\">\u00a0This can delay the whole process of registering the company with the Register of Companies.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"minjums-atvrt-kontu-bez-sagatavotiem-dokumentiem\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"14\" aria-controls=\"elementor-tab-content-96714\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Attempt to open an account without prepared documents<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-96714\" class=\"eael-accordion-content clearfix\" data-tab=\"14\" aria-labelledby=\"minjums-atvrt-kontu-bez-sagatavotiem-dokumentiem\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Many would-be entrepreneurs approach a bank with the idea of first opening an account and then completing the incorporation documents.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A bank or financial institution cannot open a provisional account until the memorandum\/contract and articles of association have been submitted.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-c94d958 e-flex e-con-boxed e-con e-parent\" data-id=\"c94d958\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-66a2250 elementor-widget elementor-widget-heading\" data-id=\"66a2250\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Useful Resources<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69d4758 elementor-widget elementor-widget-text-editor\" data-id=\"69d4758\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Website of the Register of Companies (UR): <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">[https:\/\/www.ur.gov.lv\/]<\/a><\/p><p>State Revenue Service (SRS) website: <a href=\"https:\/\/www.vid.gov.lv\/lv\">[https:\/\/www.vid.gov.lv\/]<\/a><\/p><p>Commercial Law: <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\">[https:\/\/likumi.lv\/]<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Planning to open a business? Find out all about opening a temporary account with banks and online. Modern solutions. Free Expert Advice.<\/p>","protected":false},"author":2,"featured_media":4286,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-lv"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pagaidu konta atv\u0113r\u0161ana 2026: Padomi un risin\u0101jumi * UR Online Uz\u0146\u0113mumu Re\u0123istra pakalpojumi<\/title>\n<meta name=\"description\" content=\"Pl\u0101nojat atv\u0113rt uz\u0146\u0113mumu? 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