- Home
- Company registration in Lithuania
Company registration in Lithuania
Company registration in Lithuania — is easy, because our lawyers will take care of preparation of documents. We offer a wide range of corporate services in Lithuania up to your needs. We could provide you with a readymade solutions and all support services you need.
- Price from 399 EUR
- Registration process takes from 3 working days
- Legal services and accounting support
- Readymade companies
Company registration in Lithuania
Registration of a company in Lithuania for a non-resident has a number of advantages. This is both the opportunity for business with the EU countries, a decrease in the tax burden, a convenient location, and an opportunity for incorporators to move around the EU countries without a visa.
For a non-resident, there are two options for organizing an enterprise in Lithuania - buying an existing company or registering a new one.
Buying an existing company for a non-resident of Lithuania is easier and more profitable. Such a company is already fully registered and has all the documents necessary for operation. The incorporation of a new company is also possible, but one may face some difficulties associated with a personal presence in the country, as well as with contribution of authorized capital.
Our services for company registration in Lithuania:
● Buying of an existing company;
● Registration of a new company meeting the requirements of the customer.
Price: from EUR 399
Registration term: from 3 to 10 working days
The price includes:
● Preparation of all necessary documents;
● Registration of a legal address;
● Bank account for your Lithuanian company;
● Payment of state and notary charges;
● Company registration in a Commercial Register;
● Assistance of Lithuanian lawyers in transaction.
Registration or purchase of a Lithuanian company does not always require your personal presence - we will conduct the transaction remotely.
For a more detailed price offer, leave an inquiry on our website.
Types of companies in Lithuania
UAB/LLC is the most common form of company organization, when the owners are not liable for the company’s obligations with personal assets. Authorized capital of an LLC in Lithuania is 2500 euros.
АВ/JSC is a joint stock company, the shares of which may be openly distributed. Authorized capital of such a company must be 43443 euros.
MB/SC is a small company, which members could be only individuals. The members of the small company have limited liability for the company's obligations. The number of member is limited to 10. The authorized capital of the SC is limited to contributions of member, which could be from 1 euro.
Our specialists will help you in choosing the type of company and drawing up all the documents necessary to register a company. Click here to fill in the application.
Business in each European country has its own nuances and characteristics. Therefore, for your convenience, we have developed support services for companies opened in Lithuania by non-residents. You don’t have to look for third-party consultants and different service providers:
- E-office;
- Accounting and tax documents;
- Consultation of a Lithuanian lawyer of financial analyst;
- Auditing.
Personal presence is not always necessary to conduct business in Lithuania. The virtual office service means that our address in Lithuania will be indicated in the Commercial Register as a legal address. All correspondence will be delivered to you by e-mail or sent to your actual address. If necessary, we will provide you with local phone numbers and a Lithuanian domain name with hosting.
If necessary, we will take care of your accounting in Lithuania. The cost of services depends on several factors: the type and field of activity of the company, the number of employees and the number of monthly transactions.
Financial statements in Lithuania are submitted once a year, but VAT and social tax reports are required to be submitted on monthly basis. These obligations can also be taken over by our accounting officers.
Upon your request, we can offer the services of a local secretary, as well as other staff.
Our experts will support you in opening a bank account and advise you on the required procedures for the successful opening of an account with a Bank or a payment institution.
Today, payment institutions provides a full range of services for businesses, and the main advantage is remote account opening. We have a big experience in working with financial institutions and will be happy to support you.
Personal presence is not always necessary to conduct business in Lithuania. The virtual office service means that our address in Lithuania will be indicated in the Commercial Register as a legal address. All correspondence will be delivered to you by e-mail or sent to your actual address. If necessary, we will provide you with local phone numbers and a Lithuanian domain name with hosting.
If necessary, we will take care of your accounting in Lithuania. The cost of services depends on several factors: the type and field of activity of the company, the number of employees and the number of monthly transactions.
Financial statements in Lithuania are submitted once a year, but VAT and social tax reports are required to be submitted on monthly basis. These obligations can also be taken over by our accounting officers.
Upon your request, we can offer the services of a local secretary, as well as other staff.
Our experts will support you in opening a bank account and advise you on the required procedures for the successful opening of an account with a Bank or a payment institution.
Today, payment institutions provides a full range of services for businesses, and the main advantage is remote account opening. We have a big experience in working with financial institutions and will be happy to support you.
Personal presence is not always necessary to conduct business in Lithuania. The virtual office service means that our address in Lithuania will be indicated in the Commercial Register as a legal address. All correspondence will be delivered to you by e-mail or sent to your actual address. If necessary, we will provide you with local phone numbers and a Lithuanian domain name with hosting.
If necessary, we will take care of your accounting in Lithuania. The cost of services depends on several factors: the type and field of activity of the company, the number of employees and the number of monthly transactions.
Financial statements in Lithuania are submitted once a year, but VAT and social tax reports are required to be submitted on monthly basis. These obligations can also be taken over by our accounting officers.
Upon your request, we can offer the services of a local secretary, as well as other staff.
Our experts will support you in opening a bank account and advise you on the required procedures for the successful opening of an account with a Bank or a payment institution.
Today, payment institutions provides a full range of services for businesses, and the main advantage is remote account opening. We have a big experience in working with financial institutions and will be happy to support you.
Lithuania's tax system is designed to be competitive and attractive to businesses and individuals, offering low corporate tax rates and various tax incentives. The country's corporate tax rate is currently set at 15%, which is one of the lowest in the EU, making it an ideal destination for businesses looking to reduce their tax liabilities.
In addition to its low corporate tax rate, Lithuania also offers various tax incentives for businesses, including investment tax credits, research and development tax credits, and tax relief for start-ups. These incentives can help businesses to reduce their tax burden and reinvest more of their profits back into their operations.
For individuals, Lithuania has a progressive income tax system, with rates ranging from 20% to 32%. The country also has a social security system that provides various benefits, including healthcare and retirement benefits, to individuals who are employed or self-employed in Lithuania.
Navigating the tax landscape in Lithuania can be complex, especially for foreign businesses and individuals. Our team of tax experts can help you understand the various taxes and regulations that apply to your situation and ensure that you are taking advantage of all the tax incentives and benefits available to you. Contact us today to learn more about how we can help with your tax needs in Lithuania.
The basic rate of this tax in Lithuania is 15%. It applies to such types of income as commercial activities, capital gains, investment income and other active / passive types of income.
A reduced rate of 5% applies to small companies with a turnover of less than 290 000 euros per year, which have no more than 10 employees.
The tax is applied to the amount of income from which all expenses and non-taxable income are deducted
Companies registered in Lithuania, including representative offices of foreign companies, are required to pay social tax for their employees. Currently the rate of this tax is 30.49%.
From 1 January 2023, the following minimum salary levels are in effect:
- Minimum monthly salary: €840 (increased from €730)
- Minimum hourly salary: €5.14 (increased from €4.47)
Under the Lithuanian Labour Code, only unskilled labor may be subject to a minimum wage.
The basic rate of this tax in Lithuania is 15%. It applies to such types of income as commercial activities, capital gains, investment income and other active / passive types of income.
A reduced rate of 5% applies to small companies with a turnover of less than 290 000 euros per year, which have no more than 10 employees.
The tax is applied to the amount of income from which all expenses and non-taxable income are deducted
Companies registered in Lithuania, including representative offices of foreign companies, are required to pay social tax for their employees. Currently the rate of this tax is 30.49%.
From 1 January 2023, the following minimum salary levels are in effect:
- Minimum monthly salary: €840 (increased from €730)
- Minimum hourly salary: €5.14 (increased from €4.47)
Under the Lithuanian Labour Code, only unskilled labor may be subject to a minimum wage.
The basic rate of this tax in Lithuania is 15%. It applies to such types of income as commercial activities, capital gains, investment income and other active / passive types of income.
A reduced rate of 5% applies to small companies with a turnover of less than 290 000 euros per year, which have no more than 10 employees.
The tax is applied to the amount of income from which all expenses and non-taxable income are deducted
Companies registered in Lithuania, including representative offices of foreign companies, are required to pay social tax for their employees. Currently the rate of this tax is 30.49%.
From 1 January 2023, the following minimum salary levels are in effect:
- Minimum monthly salary: €840 (increased from €730)
- Minimum hourly salary: €5.14 (increased from €4.47)
Under the Lithuanian Labour Code, only unskilled labor may be subject to a minimum wage.
The basic rate of this tax in Lithuania is 15%. It applies to such types of income as commercial activities, capital gains, investment income and other active / passive types of income.
A reduced rate of 5% applies to small companies with a turnover of less than 290 000 euros per year, which have no more than 10 employees.
The tax is applied to the amount of income from which all expenses and non-taxable income are deducted
Companies registered in Lithuania, including representative offices of foreign companies, are required to pay social tax for their employees. Currently the rate of this tax is 30.49%.
From 1 January 2023, the following minimum salary levels are in effect:
- Minimum monthly salary: €840 (increased from €730)
- Minimum hourly salary: €5.14 (increased from €4.47)
Under the Lithuanian Labour Code, only unskilled labor may be subject to a minimum wage.
