19.08.2020. In Latvia, branches and representative offices of foreign companies must disclose information about beneficiaries

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Foreign companies register a branch or representative office in Latvia must file information to the Register of Enterprises (ER) about their beneficiaries by January 1, 2021.
These requirements also apply to already registered branches and representative offices of foreign companies.
If information about beneficiaries will not be filled in accordance with the requirements, a branch or representative office would be excluded from the ER.