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…
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…
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…
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…
Lithuania is a very appealing investment destination for foreign investors from both the EU and outside it. It has a legislation which favors foreign direct investments and an easy company registration procedure - these 2 being just a few of the appealing factors for starting a business in Lithuania. Speaking about the…
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 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. Definition A liaison office (or a…
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…
There are many types of companies in Lithuania that investors can incorporate. They can be the limited liability company, the joint stock company, the sole trader or partnerships. Investors can also operate here through a branch office. Lithuania represents one of the countries that are member states of the European Union…
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 liability companies;…
