SIA

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limited liability company, private limited company, LLC
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/ˈes iː aː/
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A Latvian private company identified by its limited-liability legal form.

Examples

  • Līgumu parakstīja SIA “Liepa” valdes locekle.
    The contract was signed by a board member of Liepa Ltd.
  • Viņi nodibināja SIA, lai sāktu kopīgu uzņēmumu.
    They formed a limited liability company to start a business together.
  • Šī SIA nav akciju sabiedrība.
    This limited liability company is not a joint-stock company.
  • Uzņēmuma nosaukumā SIA drīkst rakstīt sākumā vai beigās.
    In a company name, SIA may be written at the beginning or the end.
  • Rēķinā jānorāda SIA reģistrācijas numurs.
    The limited company’s registration number must be shown on the invoice.

Similar words

sabiedrība ar ierobežotu atbildību

Meanings

Limited liability company

business
formal
The official abbreviation for sabiedrība ar ierobežotu atbildību, a Latvian private company whose ownership shares are not publicly traded.

Examples

  • Līgumu parakstīja SIA “Liepa” valdes locekle.
    The contract was signed by a board member of Liepa Ltd.
  • Rēķinā jānorāda SIA reģistrācijas numurs.
    The limited company’s registration number must be shown on the invoice.
  • Viņi nodibināja SIA, lai sāktu kopīgu uzņēmumu.
    They formed a limited liability company to start a business together.
  • Uzņēmuma nosaukumā SIA drīkst rakstīt sākumā vai beigās.
    In a company name, SIA may be written at the beginning or the end.
  • Šī SIA nav akciju sabiedrība.
    This limited liability company is not a joint-stock company.
  • Komercreģistrā var pārbaudīt SIA amatpersonas.
    The company’s officers can be checked in the Commercial Register.

Similar words

Etymology

Made from the initial letters of sabiedrība ar ierobežotu atbildību, literally ‘company with limited liability’.

FAQ

What does SIA stand for?

SIA stands for sabiedrība ar ierobežotu atbildību, a Latvian limited liability company.

What is the English equivalent of SIA?

The closest general equivalents are limited liability company and private limited company. Legal structures differ between countries.

Where does SIA appear in a company name?

It may appear at the beginning or end of the registered company name.

Is an SIA the same as an AS?

No. An SIA is a closed limited liability company, while AS means akciju sabiedrība, a joint-stock company.

How is SIA pronounced in Latvian?

It is read as the letter names, /ˈes iː aː/.

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