Doing international business in Lithuania requires knowledge of all the intricacies of Lithuanian legislation for the stable development of your own business. But this fact should not scare you, as you do not need to thoroughly study all the laws and requirements of the country for business owners to run your own business. It is enough just to get reliable assistants who will be ready to help you solve any issue related to your business at any time.

Crystal Tax employs highly qualified lawyers, auditors and attorneys who know the specifics of doing business in Lithuania very well and are ready to provide you with full support: from setting up a company to submitting the necessary reports to local regulatory authorities, etc.

Company registration in Lithuania

Why is Lithuania so attractive for company registration? This is due to the fact that:

  1. The country is a member of the European Union, which allows you to freely enter the European market even with a small amount of investment in your business.
  2. The country has a convenient geographical location, which makes it possible to establish comfortable logistics for any type of business.
  3. The Lithuanian government attracts foreign investors and foreign businessmen with low income tax rates.</A stable economy allows you to actively plan the further development of your business and not worry about financial risks.

What are the benefits for business of registering a company in Lithuania? countries that allow you to avoid double taxation;

  • free currency conversion, which allows you to make payments in a currency convenient for you;
  • the ability to conduct all business documentation in English;
  • one hundred percent access to the European market;
  • Multiple increase in the number of potential customers; affordable cost of maintaining the company;
  • possibility to open a branch of the company in any EU country;
  • and favorable lending for doing business in the Republic of Lithuania.

What are the specifics of company registration in Lithuania?

To register a company in Lithuania, you need to follow these mandatory steps:

  1. Come up with a unique name for your company. It must be written in Latin and comply with the norms of the Lithuanian literary language.
  2. Open a savings bank account and deposit the amount of the authorized capital into it. After that, this account must be re-registered as a current account. Determine the legal address of the company.
  3. Prepare the constituent documents of your company in Lithuanian.
  4. Register in the register of legal entities and in the social insurance fund, as well as in the tax service.

How to open a company in Lithuania in the shortest possible time?

You can register a business in Lithuania in the shortest possible time and the specialists of Crystal Tax will help you with this. Our employees will provide you with all the comprehensive information you are interested in regarding doing business and setting up a company in Lithuania.

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Frequently asked questions

What advantages does registering a company in Lithuania offer?
Why is Lithuania attractive for company registration?
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Maksym Stepanenko

Maksym Stepanenko

Managing Partner, Crystal Tax

International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.

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Our advantages

International business, end to end

Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.

Confidentiality under contract

Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.

Choosing a jurisdiction

We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.

Timelines and data

We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.

We deal with authorities and banks

We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.

We see every case through

We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.

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