Lithuania is not included in the TOP ratings of the most attractive, in economic terms, countries. But in terms of foreign direct investment growth, the development of appropriate infrastructure, as well as the number of «settled» e-commerce projects, this state has already gained popularity among the other countries of Central and Eastern Europe. This is the reason why many businessmen looking a business in Lithuania or move here already existing company, available finances or family.
The key thing in the process of starting a business in Lithuania is the choice of ownership’s form among the many possible variants. The most common forms of property in Lithuania is private limited company (UAB), sole proprietorship (SP) and non-commercial organizations (NCO). In addition, there is a possibility to register branch or representative office of already opened company in foreign country.
By registering the company from scratch, you clearly define yourself all criteria of the company, such as:
- company name;
- the sum of authorized capital (the minimum sum is 2500 EUR);
- the number of shares and their nominal value;
- you make the authorized fund of the created company with your own funds.
We will need a copy of the passport and the page of your passport, confirming registration in the country of residence. To start the process, we issue an invoice equal to 50% of the total cost of the service. The funds come on our account within 3 days. The operation of company’s registration with the help of our firm will take 5-7 working days. After companies registration is done, we can discuss a residence permit in Lithuania issues.
* We also offer to register new company without your personal presence.