In the recent years, the favorable opportunities for investments and trade in Lithuania attract more and more foreign enterprises and businessmen: they choose Lithuania as a stable country that offers a comparatively simple and safe investment policy. Attraction of investments to Lithuania is one the key strategic objects of the state, so, upon striving to the maximum efficiency of its accomplishment, Lithuania permanently takes every measure for improving its image and attractiveness among investors both in the country and in relations with foreign states and physical persons residing in foreign states. Upon striving for increasing the number of investments and their amounts to the maximum possible extent, Lithuania even developed a system of support to foreign investors that wish to establish and develop their activities in Lithuania. The business sector of Lithuania has been reformed and at present it conforms to all the requirements and standards set by the European Union, so Lithuania is attractive for investors because of safety, transparency and conformity to the standards. Upon striving to avoid isolation of business in Lithuania and make it global, Lithuania concluded agreements for avoidance a double taxation with 53 states of the world, including Great Britain, USA, Canada, China, Switzerland etc. So, business in Lithuania becomes global and easier accessible for investors from foreign states.
According to the relevant legal norms of Republic of Lithuania, investing in business in Lithuania is a lawful base for immigration of an alien to Lithuania. Lithuania provides an opportunity to come to Lithuania and reside here on the base of a lawful activity, i.e. investing in business, to foreigners, thus striving to attract capital, effective working procedures and new ideas. Foreigners in Lithuania may contribute to management of an existing legal entity (to become a shareholder of the enterprise) or establish a new legal entity. The conditions for establishing a new enterprise and starting a business in Lithuania are not complicated: for starting a business, only several days are enough; upon using an electronic signature, the procedure an incorporation of an enterprise in Lithuania becomes particularly simple and enables to save time and money.
With regard to the investing opportunities in Lithuania, it is notable that seven free economic zones operate in Lithuania at present. They are territories where economic and legal opportunities provided by legal norms are particularly favorable for operation of economic subjects. To enterprises registered in a territory of a free economic zone and their employees, various tax advantages are applied; they are provided consulting services etc. In addition to free economic zones, science and technology valleys where business potential is concentrated as well operate in Lithuania.
Setting up new companies
Setting up a new company is one of the first steps of a new business that requires special knowledge and skills. People who consider starting a business in Lithuania often ask themselves, whether it is better to set up a...
Company registration, purchase in Lithuania
The most popular forms of legal entities (companies) in Lithuania, and their differences. The most popular and the most common registered legal entities (companies) in Lithuania are: Private Company Limited by Shares (LTD) Individual Enterprise (IE) Public Limited Company (PLC);...
Company in Lithuania
The most popular and common company established in Lithuania is a Private limited liability company (LLC)/ Closed joint stock company. The authorised capital of the Private limited liability company/ Closed joint stock company must be not less than 2 500 Euro....
Registration as a VAT payer
Registering a company as a VAT payer may be both mandatory and voluntary procedure in Lithuania. A voluntary registration as a VAT payer is available for legal entities who are active or are going to become active. A registration as...
Licences in Lithuania
Like in other countries, a licence is needed in Lithuania to carry out certain activities. Licence is a permission issued by a competent state authority to carry out a respective activity indicated in the licence. The documents required to receive...
Virtual office
Virtual office is a perfect solution for the businessmen who carry out activities that do not require having office premises. There are many types of business when office premises are unnecessary and employees and a manager may perform at home...
Search for personnel, selection and recruitment procedures
Good staff and suitable employees is one of the conditions of a successful company. Upon starting and developing business in Lithuania, the companies often face the need for employees, personnel selection and hiring, many questions arise. Search and selection of...
Accounting services
Accounting procedures is mandatory for legal entities (including companies) who carry out business in Lithuania. Depending on the legal status of the company, different accounting requirements apply. For example, Sole Proprietorship or Small Partnerships may carry out simplified accounting in...
Legal services
We provide the following legal services to companies: Constant consultation regarding legal issues. Consultation regarding setting up and registering companies, branches and representative offices, company rearrangement, bankruptcy, reorganisation, business purchase and sale, company purchase, merger, explanation and application of tax...
Business Certificates or Certificates or Individual Activity Certificates
The relevant legal norms of Republic of Lithuania provide opportunities for involvement in individual activities and gaining profit. In Republic of Lithuania, a person may choose one of the alternative ways for individual activities: to acquire a Business Certificate or...
Classification of enterprises
According to valid legal norms of Republic of Lithuania, all enterprises established in Lithuania are provided a status of a legal entity. According to the goals of their establishment, legal entities are divided to private and public legal entities. The...
Investments and trade
In the recent years, the favorable opportunities for investments and trade in Lithuania attract more and more foreign enterprises and businessmen: they choose Lithuania as a stable country that offers a comparatively simple and safe investment policy. Attraction of investments...
Acquisition of land
Following the provisions of the Article 47 Part 3 of the Constitution of Republic of Lithuania, foreign subjects may acquire land in Lithuania in accordance with the Constitutional Law on a Membership of Lithuania in European Union. However, it should...
Finance and taxes
Republic of Lithuania is realizing the tax policy that favorable for business and the total tax system of Republic of Lithuania has been developed following the provisions of legal norms of the European Union. After the restoration of Independence of...
Trademark Registration in Lithuania and in the European Union
For every business with its own trademark, it is important to ensure its legal protection that the trademark would not lose its prominence and reputation among customers thereof, and no one can be able to copy it. The owner of...
Financial Institution Licensing in Lithuania
In Lithuania, the activities of the financial institutions which are engaged in the provision of licensed financial services shall be supervised by the Bank of Lithuania. Registered financial institutions or companies must obtain a licence (authorization) in order to provide...
Search for a business office
When setting up a business in Lithuania, it is not always enough to have a residence address that the correspondence is received to. Often office premises are necessary, as well as production, storage, and other business premises where the company...