Articles - Lithuania Company Formation

Open a Foundation in Lithuania

Locals and foreigners may open a foundation in Lithuania, which is a type of establishment that is designed for non-profit purposes. The manner in which the structure is incorporated follows the standard steps for company formation in Lithuania, in the sense that it needs to have a registered name, a…

Open a Business in Lithuania as a Foreigner

Lithuania is a country that welcomes foreign investments. The process for Lithuania company formation, along with the low costs associated with it, make this Baltic jurisdiction an attractive business destination. Backed up by a suitable legislation that promotes foreign investments and other competitive criteria, investors can find here a reliable…

Set Up an SPV Company in Lithuania

One of the ways to invest on the Lithuanian market is by opening a special purpose vehicle (SPV). As its name suggests, this is a type of business incorporated by investors with the intention of achieving a specific business purpose. When registering the SPV, businessmen will transfer a part of…

Open Sole Proprietorship in Lithuania

Lithuanian citizens, residents and foreigners can open a sole proprietorship in Lithuania. The entity, also known as a sole trader, represents the simplest structure that can be registered under the Lithuanian commercial law. It is designed for natural persons who want to carry a business in their own name, the…

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…

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 prescribes the types of companies one can register here, the management system of the said companies, the rights and the obligations…

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…

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…

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…

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 in Lithuania. For investors interested in Lithuanian 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…