Incorporation in Latvia, Lithuania and Estonia
The most common legal entity(business) set up in Latvia, Lithuania and Estonia is a limited liability company, also known as a LLC. This type of enterprise provides its owner with business opportunities, limiting the exposure of owner’s private capital to risks and not affecting his personal obligations. There are no restrictions to set up a company - enterprise can be set up by resident, non resident or legal entity. In Latvia a LLC is called SIA, in Estonia – OÜ and in Lithuania – UAB.
https://www.baltic-legal.com/