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What happens when a company was suddenly liquidated without the consent of the owner?
There is such a thing as a simplified liquidation of enterprises, which is provided for in Article 314.1 of the Commercial Law of the Republic of Latvia. According to this legal provision, the activities of a limited liability company or joint stock company can be terminated on the basis of…
New fees for registration of title of real estate
From July 1, 2021, following amendment came into force “the rules of the Cabinet of Ministers of the Republic of Latvia No.1250 adopted October 27, 2009 “. According to the amendment, new fees were established. 1.5% of the value of immovable property – in case of alienation of property…
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