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…
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 theBank of Lithuania,…
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…
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…
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…
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…
As a foreign investor interested in opening a company in Lithuania, you must know that you have the possibility of choosing from several company types. Among these, limited liability companies are very popular. A company type that is generally selected for incorporation is the private limited liability company in Lithuania - Uzdaroji Akcine Bendrove (UAB), a…
Set up an appointment or ask us a question! Ph.: +370 521-40-187 Email: clients(at)lawyerslithuania.comPlease replace (at) with @ – We do this to avoid spam.Address: Žalgirio g. 122, 09300, Vilnius, LithuaniaMon-Fri, 09:00 am - 5:30 pmEET (Eastern European Time) CompanyFormationLithuania.com is a division of Bridgewest.eu, a company specialized in offering incorporation services…
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. Our consultants can provide the necessary support when starting a business in Lithuania as a foreigner.…