Company Registration in Lithuania
Looking to expand your business into the European Union? Lithuania stands out as one of the most advantageous jurisdictions for company formation, offering seamless access to the EU’s single market.
Set Up a Business in Lithuania just in few Days!
Lithuania provides an excellent business environment, characterized by attractive conditions and a supportive economic landscape that fosters growth. By establishing your entity in this European country, you unlock numerous opportunities and set the stage for your business’s success across the European Union.
Quick and Easy Company Formation in Lithuania with Expert Support!
You can register a company in Lithuania effortlessly, whether in person or remotely through a power of attorney. Our team of experienced lawyers and consultants is here to guide you through the entire process, ensuring a smooth and efficient company formation.
Establish Your Business in Lithuania - Corporate Services Are Our Specialty! Send enquirySTART A COMPANY IN LITHUANIA
Establish a Lithuanian Company - Full Legal and Accounting Support
In recent years, Lithuania has become a popular choice among entrepreneurs worldwide who are seeking favorable conditions for business registration in the EU. The country offers an attractive economic environment and strong support for foreign investors, making it an ideal place to establish a company and execute international projects.
Lithuania — Your Key to Successful Business in Europe!
Lithuania leads Europe in sectors such as fintech and innovation. The country is actively developing infrastructure for startups and tech companies, offering support and promoting innovative projects.
A Leader in Fintech and Innovation in the European Union
Setting up a company in Lithuania grants you access to one of the world’s largest markets—the European Union, providing significant opportunities for scaling and growing your business. Starting a business in the EU by setting up your enterprise in Lithuania is a strategic move that will offer you competitive advantages and access to advanced technologies.
Our team of experts is ready to assist you at every stage of establishing your business, ensuring that your path to success is as smooth and efficient as possible.
Advantages of Doing Business in Lithuania
Why Should You Start Your Company in Lithuania?
Located in the heart of Europe, Lithuania provides convenient access to the European Union markets, as well as to the Baltic, Scandinavian, and Eastern European countries. This strategic location makes this country ideal for business development across various sectors.
Lithuania – One of the Best Places to Do Business in Europe!
This European country offers attractive conditions for investment, international collaboration, and the implementation of innovations, creating a favorable environment for entrepreneurs and investors.
European Business Magnet: Top Positions in Global Rankings!
Lithuania ranks 9th in the Tax Competitiveness Index, confirming its attractiveness for business. In the Index of Economic Freedom, this European country ranks 15th, and 11th in the Ease of Doing Business Index, underscoring its status as one of the most favorable jurisdictions for entrepreneurship in Europe.
- Low Corporate Tax
In Lithuania, the corporate tax rate is 15%, one of the lowest in Europe. Small businesses with revenues up to 300,000 euros and up to 10 employees may benefit from a reduced tax rate of 5%. New companies can apply a zero percent tax rate on profits in their first year of operation.
- Attractive Business Climate
Lithuania is actively developing an innovative business environment, making it attractive for foreign entrepreneurs and investors. The country offers favorable conditions for doing business, actively supporting new projects and contributing to their successful development.
- Access to the EU Single Market
Lithuania has been a full member of the European Union since 2004, granting entrepreneurs access to the EU’s customs union and internal market with over 500 million consumers. This provides businesses with unique opportunities for growth and expansion at the European level.
All these advantages make Lithuania an attractive place for business development. Whether you are engaged in international trade, developing IT products, running a tech startup, a fintech company, or a blockchain project, this European country offers a favorable business environment, support for innovation, and efficient access to international markets.
How to Establish a Company in Lithuania?
What Are the Options for Registering a Lithuanian Entity?
The process of registering a legal entity in Lithuania is fast and transparent, minimizing bureaucratic hurdles. The founding documents are usually signed at a local notary, after which all necessary materials are submitted to the Register Center (Registrų centras) for final approval.
What Are the Ways to Set Up a Company in Lithuania?
The simplicity and efficiency of the company establishment procedure make Lithuania an attractive jurisdiction for entrepreneurs looking to start a business in Europe with minimal delays and complications. You can establish an entity in the Republic of Lithuania in several ways:
- Company Establishment in Person | Price €1000
Registering an entity in person at a notary’s office is the classic method of business establishment. Our lawyers will meet you, answer all your questions, and personally accompany you throughout the entire process of establishing an undertaking.
- Remote Company Registration | Price €1300
Setting up an undertaking remotely via a notarial power of attorney is one of the most convenient and popular methods for creating your enterprise. Our lawyers will handle all the necessary procedures and register the enterprise without your physical presence, acting on your behalf with the power of attorney.
- Purchase of a Ready-Made Company in Lithuania | Price €1450
We offer the opportunity to purchase ready-made companies with pre-registered share capital. Buying a ready-made firm allows you to launch your business startup in the shortest possible time. All the shelf companies we have created were specifically registered for sale and have never conducted any business activities.
No matter which method of company formation you choose, our lawyers and consultants will accompany you at every stage of the process. We provide professional support and expert advice to ensure that the procedure for establishing your enterprise runs smoothly and efficiently.
Why Choose Eesti Firma?
Eesti Firma OÜ — Your Reliable Partner in Corporate Services
Our team of consultants, lawyers, and accountants has over 10 years of experience in commercial law and supporting foreign companies in the European Union. We specialize in providing professional services that help your business operate effectively and grow successfully in the European market.
- Experience and Professionalism
Our team consists of highly qualified specialists with years of experience in corporate services, company registration, and business support.
- Personalized Approach
We understand that every business is unique, so we offer personalized solutions tailored to your specific goals and needs.
- Comprehensive Services
From business establishment to accounting and legal support—we provide the full range of services necessary for the successful launch and operation of your business in Europe.
- Transparency and Reliability
We guarantee complete transparency at all stages of cooperation, ensuring high standards of quality and compliance with all legal requirements.
- Support at Every Stage
Our experts accompany you at every stage—from the initial idea to the full launch of your business, providing confidence and peace of mind.
With Eesti Firma OÜ, your business in Lithuania will start and develop successfully, thanks to reliable partnerships and a professional approach.
CONTACT US
Get a Free Consultation Today!
If you are planning to register a company in Lithuania and gain access to the dynamic European Union market, our experienced lawyers and consultants are ready to assist you at every stage of this process!
Corporate Services in Lithuania — Our Specialization!
We offer not only a quick and seamless business registration in Lithuania but also comprehensive support for the further development of your company. Our team of professionals will provide you with all-encompassing assistance in resolving legal, accounting, and tax issues, as well as help with opening bank accounts and obtaining the necessary licenses.
Eesti Firma — Your Reliable Partner in the World of Business!
With us, you can confidently enter the European market, focusing on growing your business while we handle all administrative and legal tasks. We strive to make your path to success as simple and effective as possible, providing you with competitive advantages and access to international opportunities. By choosing us, you are choosing quality, reliability, and professionalism!
FAQ | Frequently Asked Questions
We often receive a range of inquiries regarding the process of setting up a business in Lithuania. Our team of experienced lawyers and consultants is here to help you navigate through any challenges that may arise. Our primary goal is to make the company registration process as simple, clear, and efficient as possible.
Below, we’ve compiled some of the most frequently asked questions about company incorporation procedure. Familiarizing yourself with these can provide valuable insights and help you get started on the right foot:
- What is the most common type of company in Lithuania?
The most popular legal structure for establishing a business in Lithuania is the UAB (Uždaroji akcinė bendrovė), which is similar to a Limited Liability Company (LLC).
- Can foreigners own a company in Lithuania?
Yes, foreigners can fully own and manage a local company, with no restrictions on ownership or directorship.
- Do I need a legal address in Lithuania to register a company?
Yes, a local legal address is required for company formation. Our service includes a legal address for one year as part of the company registration package.
- How long does it take to establish a company?
The company formation process typically takes between a few days and several weeks, depending on the complexity and method of establishment.
- Is share capital required for registering a company in Lithuania?
Yes, contributing share capital is mandatory when starting a company.
- What is the minimum share capital for a Lithuanian company?
As of May 1, 2023, the minimum required share capital for a Lithuanian company is 1,000 euros.
- Where can I open a bank account for my company?
Opening a business account is straightforward with payment service providers such as Paysera, Revolut, or Wise. Beyond these popular options, there are many other payment institutions that offer a variety of account services, ensuring you can find the solution that best fits your business needs.
- Is accounting mandatory for Lithuanian companies?
Yes, all Lithuanian entities are required to maintain accounting records and submit an annual report to the relevant authorities.
- When is the deadline for submitting the annual report?
Lithuanian companies must prepare and submit their annual report to the Register Centre by May 31 for the previous fiscal year.
- What is the corporate income tax rate in Lithuania?
The standard corporate tax rate in Lithuania is 15%. Small businesses can apply for a reduced rate of 5% (and 0% in the first year of operation) if their annual revenue does not exceed 300,000 euros and they employ no more than 10 people.
- When is the corporate income tax due?
Corporate income tax in Lithuania is due by the 15th of the sixth month following the end of the fiscal year. For companies with a fiscal year matching the calendar year, this deadline is June 15th.
Please be aware that specific requirements and procedures for company formation can change over time. To ensure that you have the most accurate and up-to-date information, we strongly recommend consulting with our professional lawyers before you begin the registration process. Their expert advice will help you navigate the complexities and ensure a smooth and successful company setup in Lithuania.
