Procuring happens after a merchant is satisfied with a certain statement of will, the statement of will that gives the go-ahead. It should be noted that more than one person can be given joint procuration at the same time. This is when the joint procurator is given to two people. They both have the right to represent. The documents submitted include:
- Certified Application form
- A copy of the receipt, a printout of online bank payment, or information on the payment of the regulated fee
Note that the deadline for the submission of the document to the enterprise register is 14 days after the decision of procuration is adopted.
Completing the Registration Form
The application form is signed by the individual merchant, and it must include the following: the merchant’s name, last name, personal identity number (if the person doesn’t have a personal identification number from the Republic of Latvia, the date of birth, the number of the identification document and the date it was issued, the State and institution that issued the document, and the address where it can be reached), and the amount of the rights of representation.
In the application, the procurer’s right to sell, pledge, or encroach on the property right is also listed.
A joint prosecutor can give several people the right to joint procuration. Here, at the same time, at least two or more people have the right to be represented.
Certifying the Signature
The application is signed by everyone who needs to sign it. This can be put in the business registry. When the documents are submitted on paper, the signatures are verified in the following ways:
- A jurat notary
- In the orphan’s court, where the child was said to live. This is the case if the person has a Latvian personal identity number or if there is no notary in the county, city, or parish.
Also, keep in mind that when the document is to be sent electronically, it is signed with a secure electronic signature and time stamp. When there is more than one signatory, all of the signers must have an electronic signature.
Paying the Fees
The regulated charge must be paid before the application for registration is sent in. The Enterprise Register makes sure that the charge is added to the Treasury account before Registration. It can be paid through a transfer to any bank two days before the documents are sent electronically or by mail.
For one change, the fee to register is EUR 20,00, and for two or more changes, it is EUR 30,00.
For registration in 1 business day, EUR 60,00, and for 2 or more changes, the fee is EUR 90,00.
Submitting the Documents
The application and documents are sent in by the merchant or a person authorized by the merchant. The documents can be sent in one of the following ways:
E-service online, electronically signed in e-address or e-mail, and by mail.