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…
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…
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…
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…
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…
The Lithuanian financial industry is represented by several sub-sectors and foreign investors interested in setting up a financial company in Lithuania will benefit from the same regulations imposed to local entrepreneurs. The licenses for financial companies are issued by the Bank of Lithuania which is the national bank of the country. Our company formation consultants in Lithuania will…
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…
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…
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…
The procedure of starting a business in Lithuania has been simplified a lot during the last few years as the government has made great progress in offering digital solutions to those interested in operating as quickly as possible. There are many cities in which foreign investors can open companies in Lithuania, however, Vilnius remains one…