Company formation in Lithuania

There are two options for registering a company in Lithuania:
1) Buying a ready-made company (with no debts, obligations, or past business activities)
2) Establishing a new company
Both of these options can be carried out either in person or remotely with the Power of Attorney

OUR SERVICES
– We advise on formation of private limited liability company
– We prepare all necessary documents of company’s incorporation
– We provide prepared documents to the notary and the Register of Legal Entities
– We coordinate the entire process of establishing a company or buying a ready-made company
– We select the best banking solution tailored for your business

TIMELINE
~ 3-8 business days after receiving the Power of Attorney or your visit to Lithuania

PRICE
– Form a new company 1279 Eur
– Purchase a ready-made company from 979 Eur 579 Eur LIST OF COMPANIES FOR SALE
We can form a company with your company name in 3 business days and sell it as ready-made company for you.

PRICE INCLUDES
– Introduction to banking solution
– Business consultation
– Preparation of incorporation documents
– Register of Legal Entities fee
– Notary fee

REQUIREMENTS
– Passport copy of the director, all shareholders and Ultimate Beneficial Owner
– Proof of address (utility bill or bank statement) of the director, all shareholders and Ultimate Beneficial Owner
– Share capital of 2500 Eur
– One director and at least one shareholder. No requirements for local director and/or shareholder

TAXES IN LITHUANIA
– Corporate income tax of 5% for the turnover up to 300 000 Eur per year
– Corporate income tax of 15% for the turnover over 300 000 Eur per year
– Dividend tax – 15%
– VAT – 21%

WHY LITHUANIA?
– NATO and EU member since 2004
– One of the lowest taxes in EU
– 1st in the EU for real GDP per capita growth (period 2000-2020)
– Fast and straightforward process to start a business
– Vast majority of young professionals are proficient in English