Setting Up a Business in Lithuania is a unique opportunity for entrepreneurs looking to establish themselves in the European Union market. Lithuania offers an ideal combination of modern technologies, a favorable business environment, and strategic geographic location, making it attractive to both startups and established companies.
Thanks to the simplified and transparent company registration system, Lithuania allows you to start and develop a business quickly and efficiently, providing access to the vast EU market and creating favorable conditions for growth.
Business Registration in Lithuania
A transparent tax system and a supportive business environment make Lithuania the perfect place to start a new business or expand an existing one. Eesti Firma, with years of experience in the market, helps entrepreneurs navigate the entire process of registering and launching a business in Lithuania without unnecessary complications and costs.
We offer comprehensive services, including obtaining necessary permits and establishing companies in Lithuania. Our experts also provide full support in accounting and legal matters, allowing you to focus on the strategic development of your business.
The Benefits of Doing Business in Lithuania
Lithuania is becoming increasingly popular among entrepreneurs from around the world thanks to its attractive conditions for doing business. The country offers a transparent tax policy and a favorable geographic location, creating ideal conditions for the successful development of companies and their entry into the EU market.
Here are the main advantages that make Lithuania the perfect choice for establishing a business in the European Union:
Favorable Business Environment
- Transparent Tax System: Lithuania offers competitive tax conditions, including a low corporate tax and simplified reporting procedures, encouraging the reinvestment of profits into business development.
- Ease of Doing Business: Lithuania ranks highly in the World Bank’s ease of doing business index, thanks to minimal bureaucracy and a transparent regulatory environment.
Strategic Location
- Access to the EU Market: Located at the heart of Europe, Lithuania provides companies with easy access to the EU single market, facilitating trade operations and business expansion across the continent.
- Gateway to Scandinavia and Eastern Europe: Lithuania serves as a bridge between Scandinavia and Eastern Europe, offering additional opportunities to enter these key markets.
Skilled Workforce
- High Level of Education: Lithuania is renowned for its high level of education, particularly in technical and engineering disciplines, creating a solid foundation for innovative businesses.
- Multilingual Population: English is widely spoken in Lithuania, simplifying international business operations and interactions with partners from other countries.
Efficient Business Ecosystem
- Startup Support: Lithuania actively supports startups through government programs and grants, stimulating innovation and attracting investment.
- Technology Clusters: Vilnius, the capital of Lithuania, is a hub of technological innovation, home to startups and IT companies, offering opportunities for collaboration and knowledge sharing.
All these advantages make Lithuania a powerful catalyst for those looking to not only enter the EU market but also secure a leading position in it. Lithuania is where innovation meets opportunity, and business support fosters the creation of sustainable and successful companies. Regardless of the scale of your ambitions, Lithuania provides a solid foundation for realizing them, making the country a true magnet for entrepreneurs ready to step onto the global stage.
Successful Lithuanian Business Projects
Lithuania attracts not only budding entrepreneurs but also global companies that see the country as an ideal platform for growth and innovation. In recent years, several major international brands have chosen Lithuania to expand their business, and their successes demonstrate the opportunities that this country offers.
Binance
One of the world’s largest cryptocurrency exchanges, Binance, chose Lithuania as a key location for expanding its operations in Europe. Thanks to its strategic location and supportive business environment, Lithuania has become an important center for Binance’s operations, providing the company with convenient access to European markets and regulatory bodies.
Opening an office in Vilnius has enabled Binance to strengthen its position in the EU and continue developing innovative solutions in the cryptocurrency space.
Revolut
The British fintech giant Revolut also chose Lithuania as a key hub for its European business. Vilnius became the location of a major company office, enabling Revolut to efficiently serve its clients across the EU. The transparent regulatory environment and access to skilled professionals made Lithuania the ideal platform for Revolut’s further development.
Today, the company continues to actively expand its presence in Lithuania, confirming the country’s status as one of Europe’s leading fintech hubs.
Vinted
The Lithuanian startup Vinted, which started as a small online platform for selling second-hand clothes, has grown into the largest marketplace in Europe for exchanging fashion items. Vinted has become one of Lithuania’s most successful tech projects, attracting over €1 billion in investments and expanding its operations to numerous European countries.
Vinted’s success story demonstrates that Lithuania can be an excellent place for startups aspiring to global success.
Nord Security
The company Nord Security, known for the popular VPN service NordVPN, also originates from Lithuania. The company started with a small office in Vilnius and has grown into one of the leading global providers of cybersecurity solutions.
Today, Nord Security continues to expand its operations, showcasing the high competitiveness of Lithuanian IT specialists and the country’s attractiveness for tech companies.
Examples of companies like Binance, Revolut, Vinted, and Nord Security show that Lithuania has all the necessary conditions for successful global business operations. The country offers a favorable business environment, access to the EU markets, and a highly skilled workforce, making it an ideal choice for international companies and startups aiming for scale and innovation.
If you want to be part of this dynamic business community and take your project to the next level, Eesti Firma is ready to provide you with comprehensive support at every stage of incorporating a business in Lithuania.
Why Choose Eesti Firma?
Eesti Firma offers comprehensive support at every stage of establishing and growing a business in Lithuania. Our many years of experience working with international clients and deep knowledge of local laws enable us to provide high-quality support and minimize risks for our clients.
We offer the following services:
- Company Registration: A full range of services — from consultations to submitting documents to government agencies, ensuring a quick and hassle-free start to your business.
- Accounting Services: Professional accounting and compliance with Lithuania’s tax requirements.
- Assistance with Opening Bank Accounts: Support in opening accounts in Lithuanian banks and integrating modern payment systems.
- Legal Consultations: Qualified advice on legal and tax issues, ensuring full compliance of your business with the law.
- Ongoing Support: We offer long-term support so that your business can grow and develop steadily.
Choosing Lithuania for expanding your business gives you a unique strategic advantage in the European market. Our team is committed to providing each client with an individual approach and maximizing the efficiency of integrating your business into the EU market, allowing you to take full advantage of what this innovative country has to offer.
By turning to Eesti Firma, you can focus on the growth and development of your business, leaving all administrative and legal issues to us.
