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…
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…
Lithuania represents one of the countries that are member states of the European Union (EU) that provides suitable investment policies for investors around the world, and this has had a positive impact on the overall foreign investments concluded here. It is estimated that, on a yearly basis, the local registration authorities receive approximately…
Prior to engaging in a business activity, local or foreign businessmen who want to open a company in Lithuania have to decide on the legal entity that is most suitable for their investment plans. The following types of businesses are the most popular in Lithuania: - the sole proprietorships; - the public limited…
