Registration of companies in Lithuania

lithuania
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from 1640 c.u.

Registration of a company in one of the Baltic countries – Lithuania has its own subtleties. As one of the young countries-members of the European Union, the Republic of Lithuania is of interest for registering a business and conducting economic activity.

In addition, Lithuania has a fairly convenient geographic location which allows you to have an access to both the Western countries of the European Union and the CIS countries.

Contacting the lawyers of our company will help you register a company as soon as possible and learn all the details of doing business in Lithuania.

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Company registration in Lithuania

If you are interested in how the process of registering a company in the Republic of Lithuania takes place, we are ready to share the main important details that will allow you to assess how interesting this jurisdiction is for you already at an early stage.

Choice of the type of the company

It should be noted that the companies in their types are quite similar to Russian ones. The most common types of companies in Lithuania are as follows:

  • Closed joint stock company (UAB)
    One of the most common forms of doing business for non-residents.
  • Public institution
  • Individual enterprise
  • Small community

The choice of the main components of the future company

After determining the type of the company, it is important to consider such details as:

  • choose a control link
  • determine the field of activity

The level of taxation rate depends on the type of company and its field of activity.

Company registration process

To begin with, you will receive a free consultation with a lawyer of our company. During the negotiations, the lawyer will outline the main features of this jurisdiction and provide important information regarding the timing of the entire process.

  • Submission of an application to the Center of Registers
    With the help of our professional lawyers, we will help you to carry out this procedure completely remotely.
  • Collecting the necessary package of documents, checking the correctness of their filling, providing at the place of registration of the company.
  • After the registration of the company is completed, the documents for the residence permit are being prepared.

IMPORTANT!
For some types of companies, it is necessary to have a Lithuanian citizen in the administration. We will discuss in detail if you have a similar situation and provide a solution as soon as possible.

Is it possible to register an offshore company in Lithuania?

As such, the concept of an offshore is not applicable to Lithuania, since there are no offshore zones here.

But since the country provides certain benefits for foreign business and actively attracts foreign capital to its territory, quite loyal tax rates are applied here.

In general, the entrepreneurial climate and the economic environment are quite stable and attractive.

Oleg Venediktov

General counsel of VIP Departament

Also, our company provides licensing services for various types of activities

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