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Obtain EMI License in Lithuania

Obtain EMI License in Lithuania

Companies involved in electronic money activities, such as digital wallets, payment gateways, prepaid cards and other types of payment services providers, have to obtain an EMI license in Lithuania, if they want to operate in this country. The EMI (Electronic Money Institution) license is obtained solely through the Bank of…
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Open a Joint Stock Company in Lithuania

Open a Joint Stock Company in Lithuania

Besides other company types, foreign investors have the possibility to open a joint stock company in Lithuania. This company type is regulated under the Civil Code of the Republic of Lithuania.   The legislation prescribed the types of companies one can register here, the management system of the said companies, the rights and the obligations…
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Initial Coin Offering in Lithuania

Initial Coin Offering in Lithuania

Initial coin offering (ICO) in Lithuania refers to any process through which digital coins are used for the purpose of raising capital for investments in various types of products/services.  In Lithuania, ICOs are divided into 2 main categories: 1) ICOs which do not provide profits or governance rights and 2) ICOs used for generating profits and governance rights.  Based on these 2…
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Open an Amazon Store in Lithuania

Open an Amazon Store in Lithuania

Opening an Amazon store in Lithuania can become a very successful business activity for both natural persons who sell their own products over the internet, as well as well-established companies interested in expanding their market. The advantage of an Amazon store is firstly given by the fact that one can easily address to…
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Start an E-Commerce Company in Lithuania

Start an E-Commerce Company in Lithuania

An e-commerce business is one that sells its products or services in the online environment. In order to open a company in Lithuania as an e-commerce business, investors will have to purchase a domain name sold by the local authorized entities and buy a website template that is suitable for online transactions.  Specific security measures will have to be taken and…
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Obtain Crypto License in Lithuania

Obtain Crypto License in Lithuania

If you want to open a Lithuanian company operating as a crypto business, you must know that you will need a crypto license. For investors interested in Lithuania cryptocurrency sector, our team of consultants remains at your disposal for legal representation on the registration of the company, as well as on the issuance of the license.  What is the…
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Set Up a Financial Company in Lithuania

Set Up a Financial Company in Lithuania

Lithuania relies on a well-developed and stable economy with manufacturing playing an important role. Lithuania also has other performant industries, such as information technology (IT), trading and the financial one. The financial industry in Lithuania is represented by several sub-sectors and foreign investors interested in setting up businesses here will benefit from the same regulations imposed…
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How to Make Changes to Your Lithuanian Company

How to Make Changes to Your Lithuanian Company

Foreign investors who come to Lithuania can set up companies by using various business forms among which they can choose the most appropriate, in accordance with their needs. The selected structure must be incorporated following the provisions of the Lithuanian Company Law which imposes similar conditions for local and overseas entrepreneurs. There are also…
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Manufacturing Machinery and Equipment in Lithuania

Manufacturing Machinery and Equipment in Lithuania

Lithuania has several industries which have a high contribution to the Gross Domestic Product (GDP), however, the most important one is the manufacturing sector. Recent surveys have revealed Lithuania as one of the most attractive countries in the world when it comes to the establishment of a business in the manufacturing industry. The manufacturing of machinery and equipment is…
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Start a Travel Agency in Lithuania

Start a Travel Agency in Lithuania

Those who want to open companies in Lithuania will benefit from a quick and simple company formation procedure. These benefits are available for both local and foreign investors coming to Lithuania with the purpose of starting a business. With respect to the Lithuanian industries in which foreign investors can operate without any…
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