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Yes. After the permit decision you must register as a director or board member of a Latvian company that was entered in the Commercial Register no more than one year before.
The startup permit is conditional on actually running a startup in Latvia, not just holding the visa. Within a short period after the decision to issue the temporary residence permit, you are required to register as a director (board member) of a qualifying company.
The company must be relatively new, registered in the Latvian Commercial Register within the previous year, which keeps the route focused on genuine early-stage startups. Failing to complete this step on time can put your permit at risk, so plan the company registration alongside your relocation.
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