<h1>Nominee / Resident Director — Latvia (Contract, Part-Time)</h1><p><strong>Engagement type:</strong> Independent contractor / service agreement <strong>Location:</strong> Latvia (must be a Latvian tax resident) <strong>Commitment:</strong> Up to 5 hours per week on average, on an as-needed basis. The actual time required will vary, and some periods (e.g., filing deadlines, registrations, or authority requests) may require more hours than others. <strong>Reports to:</strong> Client company / appointing corporate service provider</p><hr><h2>Role Overview</h2><p>We are seeking an experienced professional to act as a <strong>resident director (board member / <em>valdes loceklis</em>)</strong> for one or more client entities registered in Latvia. This is a <strong>non-executive, representational role</strong> — it provides a compliant local presence and supports the company's statutory standing. It is <strong>not an active management position</strong>: the director does not run day-to-day operations, set commercial strategy, manage staff, or direct the business. Operational and commercial decisions remain with the company's owners and management.</p><p>This nonetheless remains a fiduciary position. The appointed director is formally entered in the Latvian Commercial Register (<em>Uzņēmumu reģistrs</em>) and carries the legal duties and personal responsibilities that accompany a board mandate under Latvian law. Candidates must understand and be comfortable with that exposure, even though the role is non-operational in practice.</p><hr><h2>Key Responsibilities</h2><p>The role is limited to statutory and representational duties. It does <strong>not</strong> include operational management, commercial decision-making, staff supervision, or day-to-day running of the business.</p><ul><li>Serve as a registered board member of a Latvian limited liability company (<em>SIA</em>) or comparable entity, providing the required local presence.</li><li>Sign board resolutions and statutory filings within a clearly defined, limited scope of authority, acting on the instructions of the company's owners/management.</li><li>Support communication with the <strong>State Revenue Service (VID)</strong>, the Commercial Register, and other competent authorities as required.</li><li>Confirm and maintain the company's registered office and local contact obligations.</li><li>Support timely statutory filing and reporting (carried out in practice by the company's accountants and service providers).</li><li>Confirm that beneficial ownership (UBO) information is recorded and current in the relevant register.</li><li>Escalate any matter outside the agreed mandate to the client / beneficial owners; the director does not initiate business or operational decisions independently.</li></ul><hr><h2>Experience Required</h2><p><strong>Director / board experience</strong></p><ul><li>Minimum <strong>5+ years</strong> in a director, board member, company secretary, or senior corporate governance role.</li><li>Prior experience serving on the board of a Latvian <em>SIA</em> or a comparable EU entity is strongly preferred.</li><li>Demonstrated understanding of fiduciary duties, signing authority, and the decision-making responsibilities of a board member.</li></ul><p><strong>Latvian corporate and regulatory knowledge</strong></p><ul><li>Working knowledge of the <strong>Latvian Commercial Law</strong> (<em>Komerclikums</em>) and the duties and liabilities of board members thereunder.</li><li>Familiarity with Commercial Register procedures, statutory filing requirements, and annual reporting obligations.</li><li>Practical experience interacting with the <strong>State Revenue Service (VID)</strong>, including tax registration, VAT, and payroll-related matters.</li></ul><p><strong>Compliance, AML & risk</strong></p><ul><li>Solid grounding in <strong>AML/KYC obligations</strong>, sanctions screening, and beneficial ownership disclosure — Latvia maintains a strict compliance environment following its banking-sector reforms.</li><li>Ability to recognize and decline activity that creates regulatory, reputational, or personal liability risk.</li><li>Clean record: no director disqualifications, insolvency-related restrictions, or relevant adverse findings.</li></ul><p><strong>Service-provider context</strong></p><ul><li>Experience working with corporate service providers, fiduciary firms, law firms, or accounting practices is a strong advantage.</li><li>Comfort managing multiple client entities and maintaining clear documentation of decisions and mandates.</li></ul><hr><h2>Qualifications & Credentials</h2><ul><li><strong>Latvian tax residency</strong> (essential for the resident-director function).</li><li>Degree or professional qualification in law, accounting, finance, business administration, or a related field — or equivalent practical experience.</li><li>Languages: <strong>Latvian</strong> required for official filings and authority communication; professional <strong>English</strong> required; Russian a plus.</li></ul><hr><h2>Attributes</h2><ul><li>High personal integrity and a conservative, compliance-first mindset.</li><li>Detail-oriented and reliable with statutory deadlines.</li><li>Clear communicator who keeps clients and service providers informed.</li><li>Discreet in handling confidential corporate information.</li></ul><hr><h2>Engagement Terms</h2><ul><li>Part-time, contract basis. The estimated commitment is up to 5 hours per week on average, but the actual time required will vary — certain periods may require more hours, and the workload scales with the number and activity of client entities.</li><li><strong>Exclusivity:</strong> The individual may <strong>not</strong> serve in this director/board function for any other company outside of this engagement. Acting as a director-for-hire for unrelated entities is not permitted while engaged in this role.</li><li><strong>Compensation:</strong> Candidates should propose their <strong>hourly rate</strong>, which will be <strong>paid out monthly</strong> based on actual hours worked.</li><li>Scope of authority is defined per a written services / director agreement.</li><li>Appropriate liability protections (e.g., indemnity arrangements, defined mandate, D&O coverage where available) to be agreed in the contract.</li></ul><p><em>The scope of this role is limited to lawful corporate governance and local-presence services. Candidates must be willing to comply fully with all Latvian and EU regulatory, tax, and AML requirements.</em></p>