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From Latvia · Europe

Start a US company from Latvia.

Latvian founders already have Stripe and form US companies for American customers and US investors. Mercury doesn't open accounts for people living in Latvia, which surprises many, so plan the US bank account before you order.

Our fee
from $289
Wyoming's fee
$102.40
Until we file
Refunded in full

Mercury doesn't open for founders living in Latvia; Wise Business and Payoneer are the ones to check. The banks, in detail.

Start from Latvia

From

Latvia

··:··UTC+3

To

Cheyenne, Wyoming

··:··UTC−6

US tax treaty
In force
Local Stripe
Yes
Mercury
No
Currency
EUR

01What changes because you live here

The filing is the same from anywhere. Four things aren't.

The tax treaty, whether Stripe will take you, which banks will open an account, and the time difference. Each was checked against its source in September 2026.

The tax treaty

In force

The United States and Latvia have an income tax treaty in force. It can lower the US tax withheld on dividends, interest and royalties paid to you, if you claim it on a W-8BEN with your Latvian tax number, and it settles which country taxes what when both could.

Stripe

Available locally

Stripe takes businesses registered in Latvia, so you don't need a US company to use it. A US LLC gets you a US Stripe account instead, paid out in dollars to a US bank, which helps when most of your customers are American.

Banking

No Mercury

Mercury doesn't open accounts for founders living in Latvia. It goes by where you live, not your passport, so a Latvian citizen living in another country may still qualify. Payoneer and Wise Business are the usual alternatives to check, and each has its own rules about where owners can live. Relay asks a non-US owner for a US address, an ITIN or Social Security Number and a US operating presence, so it rarely suits a founder living in Latvia.

The time difference

UTC+3

New York is 7 hours behind Latvia in summer. Everything we do is in writing, through your dashboard and email, and we reply within one business day, so the time difference rarely slows anything down.

Checked in September 2026 against the IRS list of tax treaties, Stripe's country page, and Mercury's and Relay's published country lists. If something here has changed, email us and we'll correct it the same day.

02What Latvia expects

Owning a US company doesn't take you out of Latvia's tax system.

Latvia taxes its residents on income from anywhere in the world. Whether the LLC's profit counts as yours as it's earned, or only when you take it out, depends on how Latvia treats a US LLC, and that's a question for a local tax adviser.

  • A company managed from Latvia may be Latvian-resident for corporate tax.
  • Many European countries have controlled foreign company rules that can tax a resident on a low-taxed foreign company's passive income, such as interest or royalties. Some apply them only when another company is the owner, so ask a local adviser whether they reach you.
  • The US-Latvia treaty is in force.

What founders here build

What Latvian founders usually form a US company for.

04What it costs

The same price from Latvia as from anywhere.

Charged once, in US dollars, with the Wyoming state fee passed on at cost. Where you live changes which bank we introduce you to, not the price.

Wyoming
Starter
StandardMost chosen
Premium
Our feeCharged once, when you confirm
$289
$499
$1,299
Wyoming filing feePaid to the state, passed through at cost
$102.40
$102.40
Included
To startNothing else to pay
$391.40
$601.40
$1,299
Then, every yearRegistered agent and the Wyoming annual charge
$179
$309
$1,059

Extras are optional, and the order form asks about each one with its price. Filing yours ahead of our next batch costs $75, and we email you before anything renews. Delaware, and every extra with its price, are on the pricing page.

05Questions

Questions from Latvia.

If yours is not here, email us at [email protected] before you order.

No. Latvia is on Mercury's list of countries it doesn't serve, even though Stripe works there. The list goes by where you live, not your passport. Payoneer and Wise Business are the alternatives to check.

Yes. The United States doesn't require an LLC's owners to be US citizens or residents. You'll need a registered agent in the state, which every plan includes, and your passport for the bank. The filing is the same wherever you live. What changes is the tax treaty, the payment processors and the banks, which this page covers.

No. The filing, the EIN, the operating agreement, the bank application and the payment processors are all handled online. You don't need a visa or a trip.

The United States and Latvia have an income tax treaty in force. It can lower the US tax withheld on dividends, interest and royalties paid to you, if you claim it on a W-8BEN with your Latvian tax number, and it settles which country taxes what when both could.

You don't need one for Stripe, because Stripe already takes businesses in Latvia. A US LLC gives you a US Stripe account paid out in dollars to a US bank, which some founders prefer when most of their customers are American.

Ready when you are

Answer the questions. We do the filing.

It takes about four minutes. You see the whole order, state fee included, before anything is charged.

Compare the plans

Step 1 of 10 · About four minutesNothing charged yet

Company name

LLC · WY

Name checked first · Same business day

Start a company

Standard$499 + $102.40 WyomingSame day