Raising share capital is a critical step for businesses looking to expand, improve financial stability, or attract new investors. At Lawhill, we provide expert guidance and comprehensive services to make the process of increasing your company’s share capital seamless and compliant with Lithuanian regulations.
Process to Increase of Share Capital
- Decision making: Shareholders or the board of directors decide on the capital increase, documented in a resolution.
- Preparation of documents: Amendments to the company’s Articles of Association are prepared to reflect the new share capital structure.
- Submission to authorities: Necessary documents and forms are submitted to the Register of Legal Entities.
- Coordination with financial institutions: If monetary contributions are involved, coordination with banks or other institutions is managed.
- Registration and notifications: Upon approval, the updated details are registered, and stakeholders are notified to ensure seamless implementation.
When Do You Need to Increase Share Capital?
Your business might consider raising share capital if:
- You need to meet minimum capital requirements for certain licenses.
- You plan to expand operations or enter new markets.
- You wish to strengthen your balance sheet to enhance investor confidence.
- You are onboarding new shareholders or restructuring ownership.
Our Services
At Lawhill, we simplify the process of increasing your company’s share capital by offering:
Strategic Advice: Guidance on the optimal approach for your capital increase, tailored to your business goals.
Document Preparation: Drafting and submitting all necessary documents, including shareholder resolutions and amendments to the Articles of Association.
Regulatory Compliance: Ensuring your capital increase aligns with Lithuanian legal requirements.
Coordination with Authorities: Managing the submission process and communications with the Register of Legal Entities and other relevant bodies.
Post-Increase Support: Assistance with any related changes, such as updating company records or notifying stakeholders.
Additional Services
At Lawhill, we provide comprehensive accounting and payroll services tailored to meet the needs of your business. From bookkeeping to tax filings, we ensure your financial records are compliant with Lithuanian regulations. Our team handles payroll management, ensuring timely and accurate payment for your employees.
Navigating the banking system in a foreign country can be challenging. We assist you in opening local and international bank accounts, guiding you through compliance requirements and documentation. Whether for operational needs or capital deposits, we streamline the process to secure your accounts efficiently.
Establish a professional presence in Lithuania with our virtual office services. We provide a legal address required for company registration and offer correspondence management to ensure you never miss important communication. This service is ideal for businesses operating remotely or without a physical office in Lithuania.
Certain industries in Lithuania require specific licenses to operate legally. At Lawhill, we help you obtain necessary licenses such as transport, pharmaceutical, Virtual Asset Service Provider (VASP), and temporary employment licenses. Our experts ensure the application process is smooth, saving you time and effort while adhering to all legal requirements.
We offer a full range of legal services tailored to businesses, including contract drafting, regulatory compliance, dispute resolution, mergers, and acquisitions. Our experienced legal team ensures that your business is fully protected and operates within the framework of Lithuanian and EU laws.