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Company Formation in Lithuania

Lithuania is the economic leader of the Baltic states. It was ranked as #1 out of the three Baltic states in the latest Coface Baltic Top 50 report which bases its rankings on financial statements. Lithuania has the lowest inflation rate in the Baltics and a strong labour force. If you are looking to create a name for yourself in the Baltics, Lithuania is the obvious choice. Lithuania also has an extremely low corporation tax of 15%, one of the lowest in all of the EU. And that rate can be reduced even further to as low as 5% for micro-companies — companies with less than 10 employees — and zero per cent corporate tax for their first year of business.

Price:

£1,695.00

5.0
Customer Rating
Add-ons
Yearly
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Registered office in Vilnius (12 months)

It is compulsory to have a registered address for your Company. Using a registered address in a well-known location will mean you’ll appeal to a wider audience and as such your customers will see you as a credible and established business.

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Online Bank Arrangement Lithuania

Based on your transactions and business industry we will recommend an online bank account that is suitable for your business. We work with numerous banks and as such feel it is important from early on to select the best one that can help with multi currency, company expense cards, manage multiple accounts under a single platform or even where you need an immediate setup banking solution that is easy and quick.

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VAT Registration Lithuania

We will file and review your VAT registration for your company with the relevant tax authorities and provide you the necessary documents.

Lithuania Company One-Stop-Shop

Lithuania Company One-Stop-Shop

We provide everything you need to form a company in Lithuania, including a Registered office in Vilnius, Online Bank Arrangement and VAT Registration.

On-Time Delivery

On-Time Delivery

Depending on the add-ons you choose, we will have your Lithuanian Limited Company (UAB) ready for you in approximately 14 days.

Best Customer Support

Best Customer Support

Our team of company formation experts will advise you on anything and everything you need to properly incorporate your Lithuanian UAB company.

Overview

Our Lithuania company formation package provides you with all you need to run a UAB in Lithuania. The process is straightforward with little complexity, thanks to Lithuania’s welcoming attitude to new business.

  • Strongest state economically in the Baltics
  • Low corporate taxes (0% for the first year if your micro-business qualifies, 5% thereafter, otherwise 15%)
  • We offer everything you need to start operating in Lithuania.
company legal forms

lithuiana overview

A stable economy and low inflation rate make Lithuania an excellent choice for anyone wanting to invest in the country. Lithuania consistently ranks better than its Baltic neighboursin terms of its business and financial influence. IT and communications are Lithuania’s most important contributors to the GDP, making it an ideal place for tech startups.

Details

company registration
  • VAT Registration
    VAT Registration

    Part of our Lithuania company formation service is to register your company for VAT if you wish to do so.

  • Online Bank Arrangement
    Online Bank Introduction

    We will introduce you to a bank with competitive fees to incorporate your business in Lithuania.

  • Registered Address
    Registered Address

    If you choose this add-on, we will give you a physical registered address in Vilnius, Lithuania.

  • Everything you need
    Everything you need

    We are a one-stop-shop for company formations in Lithuania. No matter what you need, we can assist you with it.

How it Works

  • 01
    Check the product out in your shopping cart

    Simply add the product you need to your shopping cart and then check it out to start your Lithuania company formation process.

  • 02
    Answer some questions

    We will send you some simple questions for you to fill in so that we can properly set up your new company in Lithuania.

  • 03
    Sit back and relax

    Let us do the work to set up your Lithuanian company. This will include a really quick and easy identity check where you’ll need your ID or passport to hand.

  • 04
    Reap the benefits!

    Once your company has been formed, you can officially start doing business in Lithuania!

company legal forms

See What Our Customers Say

Great for tech companies

“Lithuania is a great country for tech startups, and Start My Business made incorporating a company here a piece of cake.”

Strong economy

“The Lithuanian economy is very strong compared to its neighbours, and we were glad that Start My Business could get our Lithuanian UAB registered successfully.”

Simple to set up a UAB

“Thanks to Start My Business, I was able to get my Lithuanian UAB up and running in no time.”

Questions?

Here are some common questions about company formations in Lithuania.

register your company
  • Private limited company by shares (UAB)
  • General Partnership (TUB)
  • Limited liability partnership (KUB)
  • Public limited liability company (AB)
  • Branch office if company is foreign-based

At least one and no more than 249.

Approximately €2,900. Only 25% of it must be deposited when opening the company.

  • Signed Constitutive Act (if only one shareholder)
  • Signed Memorandum if more than one shareholder
  • Capital of €2,900
  • List of shareholders
  • Notarized Articles of Association
  • Company Seal
  • Applying for relevant tax numbers

 
As with all countries, this is a lot of work to go through (and we didn’t even cover everything). We take care of everything you need, here at Start My Business, when incorporating your UAB.

No. But if you are not in the country, you will need to give us power of attorney in order to incorporate it for you.