Riga Startups

Formation Index

Company Formations, Q2 2015

3,117 limited companies were registered in Latvia in Q2 2015, n/a against the same quarter a year earlier and -10.3% against the quarter before. Of those, 1,805 were registered in Rīga. Joining them is a two day filing.

Source: Uzņēmumu reģistrs open data, dump of 27 September 2026, covering registrations through 25 September 2026. Population REGISTER_BASELINE (SIA and AS). Definitions v4. Methodology.

Cover for Company Formations in Latvia, Q2 2015
Formations
3,117
Q2 2015
Quarter
-10.3%
-357
Year
n/a
n/a
Rolling 4Q
n/a
last four quarters

How Many Companies Are Registered in Latvia Each Quarter?

3,117 limited companies were registered in Latvia in Q2 2015, n/a against the same quarter a year earlier and -10.3% against the quarter before. The four quarter total to Q2 2015 was not yet available, and that is the figure to read, because Latvian formations are seasonal.

Formations by Quarter

08751,7502,6253,5002015 Q2154Q avg
Bars are the quarter. The line is the four quarter average, on the same axis, which is the series to read: Latvian formations are seasonal and Q1 is not comparable with Q3. The 2020 collapse and rebound is COVID.
Show the numbers
QuarterFormationsQoQYoYRolling 4Q
Q1 20153,474n/an/an/a
Q2 20153,117-10.3%n/an/a

Where in Latvia Are New Companies Registered?

Rīga had the most, 1,805 of the 3,117 limited companies registered in Q2 2015, followed by Liepāja with 78. Within Riga, Centrs led with 329, though a registered address is often an accountant’s office rather than a workplace.

Where They Registered

The ten busiest of Latvia's 84 municipalities in Q2 2015.
Show the numbers
MunicipalityFormations
Rīga1,805
Liepāja78
Jūrmala76
Ogres nov.63
Daugavpils59
Ķekavas nov.58
Jelgava56
Mārupes nov.56
Olaines nov.52
Ropažu nov.52
Siguldas nov.47
Salaspils nov.41
Cēsu nov.38
Valmieras nov.38
Tukuma nov.34
Bauskas nov.31
Ādažu nov.29
Ventspils29
Jelgavas nov.26
Kuldīgas nov.26
Madonas nov.26
Saldus nov.26
Limbažu nov.24
Talsu nov.24
Dobeles nov.22
Rēzeknes nov.22
Saulkrastu nov.21
Jēkabpils nov.20
Dienvidkurzemes nov.18
Rēzekne18
Aizkraukles nov.12
Stopiņu nov.12
Balvu nov.10
Gulbenes nov.9
Babītes nov.8
Daugavpils nov.8
Garkalnes nov.8
Krāslavas nov.8
Ventspils nov.8
Ķeguma nov.7
Ludzas nov.7
Smiltenes nov.7
Valmiera7
Alūksnes nov.6
Carnikavas nov.6
Inčukalna nov.6
Ikšķiles nov.5
Lielvārdes nov.5
Preiļu nov.5
Jēkabpils4
Līvānu nov.4
Ozolnieku nov.4
Kokneses nov.3
Valkas nov.3
Augšdaugavas nov.2
Burtnieku nov.2
Grobiņas nov.2
Jaunjelgavas nov.2
Kārsavas nov.2
Pļaviņu nov.2
Priekuļu nov.2
Skrīveru nov.2
Vaiņodes nov.2
Zilupes nov.2
Aizputes nov.1
Alojas nov.1
Amatas nov.1
Apes nov.1
Auces nov.1
Baldones nov.1
Ciblas nov.1
Engures nov.1
Iecavas nov.1
Kocēnu nov.1
Krimuldas nov.1
Mērsraga nov.1
Nīcas nov.1
Raunas nov.1
Riebiņu nov.1
Rucavas nov.1
Rundāles nov.1
Salacgrīvas nov.1
Skrundas nov.1
Vecumnieku nov.1

Where in Riga

All 1,801 Riga formations placed in a neighbourhood from the registered address. A registered address is often an accountant's office rather than a workplace, so read this as where companies are filed, not where people sit.
Show the numbers
NeighbourhoodFormations
Centrs329
Teika113
Purvciems91
Latgale78
Sarkandaugava77
Imanta75
Avoti68
Ķengarags68
Pļavnieki64
Ziepniekkalns62
Āgenskalns60
Čiekurkalns58
Jugla57
Zolitūde46
Brasa43
Bolderāja42
Torņakalns38
Dārzciems35
Vecpilsēta32
Dzirciems31
Grīziņkalns30
Iļģuciems30
Mežciems28
Šķirotava27
Vecmīlgrāvis24
Pleskodāle17
Bieriņi16
Dreiliņi16
Šampēteris15
Skanste14
Daugavgrīva13
Atgāzene10
Pētersala-Andrejsala10
Mīlgrāvis9
Bišumuiža7
Dārziņi7
Voleri7
Ķīpsala6
Mežaparks5
Rumbula5
Zasulauks5
Jaunciems4
Spilve4
Suži4
Berģi3
Katlakalns3
Trīsciems3
Brekši2
Bukulti2
Mangaļsala2
Salas2
Vecāķi2
Kundziņsala1
Vecdaugava1

Neighbourhood names link through to the companies we list there. See them on the map.

Do These Formation Numbers Change After Publication?

Yes, slightly, and the page tells you which reading you are looking at. Every edition carries the dump it was built from and the date the data runs to. A later dump of the same register can return a different count for a quarter already published, because the register keeps changing behind the dump.

Three things move a number after it is out. Registrations and corrections are entered after the fact, so a company formed near the end of a quarter can land in a later dump than the one that first reported that quarter. Terminated companies leave the capital file entirely, which lowers a quarter’s capital coverage as it ages. And a definition can change, in which case the changelog below says so.

Two rules keep that honest rather than confusing. A quarter is not reported at all until at least ten days have passed since it ended, which is what stops the first reading being the worst one. And each quarter gets its own permanent address once it qualifies, so the figure you cite stays where you found it.

Cite the dated edition rather than this page if the number matters. The hub always shows the latest complete quarter, which means the same URL says something different next quarter, and that is the difference a citation needs to survive.

What Does the Latvia Company Formation Index Not Measure?

Startups, for one: it counts every limited company, because Latvia publishes no industry classification per company as open data. A formation is also a registration rather than a business, since some of these companies will never trade and some hold a single asset, so the index counts only what the register records.

This counts every limited company, not startups. Latvia publishes no industry classification per company as open data, and every signal that would mark a company as a tech company is one that disappears when the company does. Rather than dress a guess as a definition, the index counts what the register actually records and says so in its title. The reasoning is set out on the methodology page.

A formation is a registration, not a business. Some of these companies will never trade, and some are holding vehicles for a single asset. The survival series will eventually say how many.

Frequently Asked Questions

How Many Companies Were Registered in Latvia in Q2 2015?

3,117 limited companies, SIA and AS, were registered in Latvia in Q2 2015, n/a against the same quarter a year earlier and -10.3% against the quarter before.

Why Are Latvian Company Formations Read Over Four Quarters?

Because formations are seasonal, so a first quarter is not comparable with a third. The four quarter total to Q2 2015, not yet available, smooths that out and is the series to read.

Does the Latvia Company Formation Index Count Startups?

No. It counts every limited company registered, because Latvia publishes no industry classification per company as open data, and every signal that would mark a company as a tech company disappears when the company does.

Where Does the Latvia Company Formation Index Data Come From?

From the Uzņēmumu reģistrs open data, dump of 27 September 2026, covering registrations through 25 September 2026. Riga neighbourhoods are placed from each company’s registered address.

When Is the Latvia Company Formation Index Published?

In the second week after each quarter ends. Each edition has its own page and CSV, and the full quarterly series can be downloaded as a single file.

Definitions Changelog

Cite This

Sageo SIA (2026). Company Formations in Latvia, Q2 2015. Riga Startups. Computed from Uzņēmumu reģistrs open data, extract of 2026-09-27. https://rigastartups.com/reports/formation-index-2015-q2

Permalink: https://rigastartups.com/reports/formation-index-2015-q2 · CSV for this edition

The numbers are free to reuse. The register data underneath is CC0 and this analysis of it is offered on the same terms. An attribution and a link back is the whole ask.

Other Editions

Published in the second week after each quarter ends.

Download the full series as CSV