Looking to register a company in Lithuania?
Lawhill helps entrepreneurs, investors, startups, and international businesses establish companies in Lithuania quickly and efficiently. Whether you are launching a new venture, expanding into the European Union, or relocating your business activities, our legal team handles the entire incorporation process from start to finish.
We provide full legal support, document preparation, company registration, VAT registration, bank account assistance, and ongoing corporate services, allowing you to focus on growing your business.
All services can be provided remotely.
What We Can Register
We assist with the registration of:
- Private Limited Liability Companies (UAB)
- Small Partnerships (MB)
- Individual Enterprises (IĮ)
- Public Institutions (VŠĮ)
- Associations
- Branch Offices
- Representative Offices
Not sure which structure is right for your business? Our legal team will help you choose the most suitable legal form based on your goals, tax considerations, and future growth plans. You can also read our guide on Types of Companies You Can Register in Lithuania
Step-by-Step Process
Here’s how we do it:
- Initial Consultation: We start by understanding your business goals and advising you on the most suitable structure for your needs.
- Name reservation: We assist in selecting and reserving a unique name for your company, ensuring compliance with Lithuanian naming regulations.
- Preparation of documents: Our legal experts prepare all the necessary documents, including the Articles of Association, shareholder agreements, and registration forms.
- Opening a bank account: We assist in facilitating the opening of a bank account, ensuring the process is seamless and can be completed remotely.
- Remote services: With Lawhill, you don’t need to be physically present in Lithuania. We offer fully remote services, including document submission, local representation, and communication with authorities.
- Registration with the registry: We handle the submission of all required documents to the Lithuanian Centre of Registers to finalize your company registration or purchase – making it easy to register a company in Lithuania even from abroad.
- Obtaining VAT registration (if needed): For companies engaged in VAT-applicable activities, we guide you through the VAT registration process to ensure compliance.
- Business Launch: Once the company is officially registered, we provide continuous support to help your business thrive in Lithuania.
- 10-Step Checklist
- Compliance Calendar
- Banking Options
- Tax Guide
- 10-Step Checklist
- Compliance Calendar
- Banking Options
- Tax Guide
Key Requirements
The company must appoint at least one director responsible for its operations. The director can be a resident or a non-resident of Lithuania.
Every company must have a registered office in Lithuania. We can provide a registered address to meet this obligation.
Why Choose a Limited Liability Company?
A limited liability company and small partnership are the two most preferred legal entity forms in Lithuania due to their numerous benefits, including:
- Limited personal liability: Shareholders or members are not personally liable for the company’s debts beyond their initial capital contribution.
- Flexible ownership: Companies can be established by a single individual or multiple shareholders, making it suitable for both small and large businesses.
- Tax efficiency: Lithuania offers a competitive corporate tax rate of 16%, with special rate of 6% for small companies and startups under certain conditions.
- Ease of management: With clear regulations and straightforward compliance requirements, managing these companies is both efficient and predictable.
These advantages make company formation in Lithuania a smart choice for entrepreneurs and investors seeking an EU base.
Additional Services
At Lawhill, we provide comprehensive accounting and payroll services tailored to meet the needs of your business. We also assist with company restructuring, share transfers, capital increases, and other matters through our Corporate Law Services
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. Learn more in our guide How to Open a Bank Account in Lithuania
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.
F.A.Q
Forming or purchasing a ready-made company in Lithuania typically takes 1 to 2 weeks after receiving all necessary documents from the client, making the process both efficient and straightforward
- Corporate Income Tax: 6% for companies with an annual turnover of up to €300,000; 16% for companies with an annual turnover exceeding €300,000.
- Dividend Tax: A flat rate of 15% applies to distributed dividends.
- Value Added Tax (VAT): Standard VAT rate in Lithuania is 21%.
Choosing Lithuania for your business setup means entering a modern, secure, and business-friendly environment — ideal for anyone starting a business in Europe.
- Member of NATO and the EU: Lithuania has been a stable and secure member of NATO and the European Union since 2004, offering businesses access to one of the largest markets globally.
- Competitive Tax Environment: Lithuania boasts one of the lowest corporate tax rates in the EU, including special tax incentives for small businesses and startups.
- Strong Economic Growth: Ranked 1st in the EU for real GDP per capita growth from 2000 to 2020, Lithuania is an emerging leader in economic development.
- Fast and Simple Business Setup: Lithuania offers a straightforward process for company registration, making it easy for businesses to get started quickly.
- Multilingual and Skilled Workforce: The vast majority of young professionals in Lithuania are proficient in English, with many also fluent in other major European languages, ensuring smooth business communication.
- Strategic Geographic Location: Positioned at the crossroads of Europe, Lithuania provides excellent logistics and connectivity, making it a strategic hub for businesses targeting the European and global markets.
- Modern Digital Infrastructure: As a leader in digital innovation, Lithuania offers a robust infrastructure, ideal for startups, fintech companies, and tech-driven businesses.
- Business-Friendly Policies: Lithuania fosters a startup-friendly ecosystem with government incentives and grants for innovative businesses, including tech and green energy industries.
- 10-Step Checklist
- Compliance Calendar
- Banking Options
- Tax Guide
- 10-Step Checklist
- Compliance Calendar
- Banking Options
- Tax Guide
