Latvia

Ordinary company profit is generally untaxed when earned. Corporate Tax is deferred until profit is distributed or treated as distributed. Profit retained and reinvested in the company can therefore remain at 0% Corporate Tax while it stays in the business. Deemed distributions, including some non-business expenses, can still trigger tax.

Sweden

A Swedish limited company pays 20.6% Corporate Tax on taxable company profit for the year, including profit retained inside the company.

Latvia

Under Latvia’s standard system, €100 of profit before distribution tax results in €20 of company-level tax and €80 available to the shareholder. Qualifying dividends from profits already subject to Latvian Corporate Tax are generally exempt from ordinary Latvian personal dividend tax.

Latvia’s additional 3% personal tax can apply to the portion of total annual income above €200,000, including otherwise exempt dividends. That additional tax is not included in the €80 illustration.

Sweden

€100 of taxable company profit less 20.6% Corporate Tax leaves €79.40. For qualifying shares in a closely held company, personal dividend tax is 20% within the applicable 3:12 allowance: €79.40 × 80% = €63.52.

* The Sweden figure assumes the dividend falls within that allowance. Taxation can differ above the allowance or for other share categories. These are separate domestic company-and-owner examples, not the tax outcome for a Swedish-resident owner of a Latvian company.

Latvia

The standard government registration fee for an ordinary SIA is €75. This is the government fee only, not the total cost of establishing or operating the company. Expedited processing and other services can cost extra.

Sweden

Electronic registration of an aktiebolag costs SEK 2,400. This is the registration fee, not the full cost of establishing a company. Share capital and professional service costs are separate in both countries.

Latvia

Eligible people covered by Latvia’s state-funded healthcare system pay a patient contribution of €2 for a family doctor visit when under 65 and €4 for a specialist visit. These rates concern state-funded services at participating providers; eligibility, referral requirements and exemptions apply.

Employment through a Latvian SIA and the required Latvian social contributions can give an owner-manager access, subject to the applicable insurance and registration rules. Company ownership or an eID alone does not establish entitlement.

The statutory minimum monthly salary for normal full-time hours in 2026 is €780. Where the statutory conditions apply, monthly company turnover above €3,900 (five minimum salaries), with nobody receiving at least the required minimum remuneration, can make a board member subject to deemed minimum employment income for tax and social contributions. Registration-year and qualifying group exceptions apply. This is not a blanket exemption from payroll obligations.

Sweden

Sweden also has publicly funded healthcare. This comparison uses Stockholm’s standard SEK 275 outpatient patient fee for adults aged 18–84 at public or region-contracted providers. Other regions and types of care can have different fees. Exemptions and high-cost protection apply.