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…
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…
We invite you to complete the form with the required information in order to start the online incorporation of your company in Lithuania. Our company formation specialists will contact you with details about the further steps for company registration.
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…
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 (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…
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…
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…
Lithuania is of the three Baltic States which has become quite attractive to foreign investors after entering the European Union. Ever since the government has made important steps in attracting foreign capital and know-how which has led to the economic development of the country. The authorities offer many incentives to foreign entrepreneurs coming to…
Foreign entrepreneurs moving to Lithuania in order to start their own businesses have various choices when it comes to the industries they can perform in. Among these, manufacturing and information technology (IT) are two of the most prolific. Lithuania has one of the youngest workforces in the European Union, therefore with a high computer…
