companyformationlithuania.com, Author at Lithuania Company Formation

Open a Liaison Office in Lithuania

The representative or liaison office is one of the 3 available business forms for foreign companies interested in having a presence in Lithuania. The other 2 types of legal forms foreign companies can use are the branch office and the subsidiary. Our company registration agents in Lithuania can assist overseas companies interested in registering a representative office in this country.…

Corporate Tax in Lithuania

The corporate tax is a direct levy applied to companies in Lithuania, which is why it is one of the most important taxes in this country. This tax is applied on the global income generated by a local company and only on the profits generated in Lithuania when it comes to foreign companies undertaking…

Open a Bank Account in Lithuania

Lithuania has a young population compared to other European countries, which is one of the reasons it attracts many investors. However, people also move here for employment purposes, case in which certain steps must be completed once one relocates here. Opening a bank account is one of these primary steps and it…

Register a Trademark in Lithuania

Trademark registration is one of the newest trends among business owners all over the world. The same happens in Lithuania, as local and foreign entrepreneurs who open companies here will usually have a representation of their brands which will help their clients to distinguish their favorite products and services from others. Trademark registration in…

Buy Shelf Company in Lithuania

There are several ways in which foreign enterprisers can open companies in Lithuania. Two of the most popular are the registration of a new company and the purchase of a ready-made company, also known as a shelf company. There is also the possibility of buying shares in an existing Lithuanian company, however the procedure…

Double Tax Treaties in Lithuania

Armenia, Austria, Azerbaijan, Belarus, Belgium, Bulgaria, Canada, Croatia, China, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Kazakhstan, Kirghizstan, Korea, Latvia, Luxembourg, Macedonia, Malta, Moldova, Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom, United States…

Establish a Branch in Lithuania

Foreign companies willing to perform business in the largest state in the Baltic region may open a form of business called a branch office. Although the permission for many actions must be received from the parent company, many entrepreneurs choose this form of business because of the small costs of registration and administration. This…

Establish a Subsidiary in Lithuania

A Lithuanian company where the majority of capital is owned by a foreign company is called a subsidiary. Foreign companies choose this type of company instead of branches because of the limited liability obtained by the foreign shareholder and because of the tax incentives offered, especially for companies coming from countries which have signed double tax treaties…

Company Act in Lithuania

The main laws the companies must obey in Lithuania are related to the Civil Code and the Law on Companies. The Law on Companies regulates activities such as: registration, liquidation, transformation, division, rights and duties of the members, registration of the branches. Also, in this law are specified all the details regarding…

Virtual Office in Lithuania

Lithuania is one of the three states with access to Baltic Sea and a member of the European Union since 2004. Moreover, in 2015, Lithuania became a member of the eurozone, as the euro became its national currency. Ever since, the country has followed an upward trend from an economic point of view and started…