Obtain EMI License in Lithuania

Obtain EMI License in Lithuania

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…
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Initial Coin Offering in Lithuania

Initial Coin Offering in Lithuania

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…
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Open an Amazon Store in Lithuania

Open an Amazon Store in Lithuania

Opening an Amazon store in Lithuania can become a very successful business activity for both natural persons who sell their own products over the internet, as well as well-established companies interested in expanding their market. The advantage of an Amazon store is firstly given by the fact that one can easily address to…
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Obtain Crypto License in Lithuania

Obtain Crypto License in Lithuania

If you want to open a Lithuanian company operating as a crypto business, you must know that you will need a crypto license. For investors interested in Lithuania 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 is the…
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Establish a Subsidiary in Lithuania

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…
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Virtual Office in Lithuania

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…
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Set up a UAB in Lithuania

Set up a UAB in Lithuania

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…
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Contact

Set up an appointment or ask us a question! Ph./Fax: +37061578743 Address: A. Smetonos g. 4, Vilnius, LT-01115 Drakšas, Mekionis and Partnersis a division of Bridgewest.eu, a company specialized in offering incorporation services throughout Europe. Bridgewest.eu (the main company) is based in Cyprus and established in over 43 key jurisdictions around the continent,…
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Lithuania Company Formation

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;…
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