Lithuania relies on a well-developed and stable economy with manufacturing playing an important role. Lithuania also has other performant industries, such as information technology (IT), trading and the financial one. The financial industry in Lithuania is represented by several sub-sectors and foreign investors interested in setting up businesses here will benefit from the same regulations imposed…
Those who want to open companies in Lithuania will benefit from a quick and simple company formation procedure. These benefits are available for both local and foreign investors coming to Lithuania with the purpose of starting a business. With respect to the Lithuanian industries in which foreign investors can operate without any…
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…
The Lithuanian taxation systemis based on direct taxes which are imposed on the incomes of Lithuanian citizens, residents and companies, but it also containsindirect taxes. One of the indirect taxes is the value added tax, which is applied to the consumers of goods and services while being collected by the suppliers of those…
Foreign investors who want to open companies in Lithuania have several choices when it comes to the industries they can operate in. Among these industries, the human resources sector is quite prolific in Lithuania and the requirements for creating employment agencies are not very stringent. With a young and talented workforce, Lithuania is one of the most appealing European countries to open…
Lithuania is a very appealing investment destinationfor foreign investors from both the EU and outside it. The local workforce which comprises young and well-prepared individuals, the legislation which favors foreign direct investments and the easy registration procedure of a company are just a few of the appealing factors for starting a business in Lithuania.…
There are several ways of moving to Lithuania, however, all of them imply obtaining a residence permit which can be temporary or permanent. Once the residence permit is obtained, an individual is also entitled to apply for Lithuanian citizenship after a period of time. The Lithuanian temporary residence permit is issued to non-EU citizens for a period of 1 year,…
Lithuania is not a large country; however, it boasts a young population and a skilled workforce. As a matter of fact, Lithuania has one of the youngest populations among European countries, which is also available for the labor force. In the last few years, the Lithuanian economy performed quite well, which helped not only companies here, but…
Lithuania is one of the most appealing Baltic states in terms of investments thanks to its low costs of incorporating a company, but also due to several industries which attract a great number of foreign enterprisers annually. While some investors know exactly the type of business they want to open and the Lithuanian industries they want to operate in, others are looking for possibilities and search…
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 of legal forms foreign companies can use are the branch office and the subsidiary. Our company formation agents in Lithuania can assist overseas companies interested in registering a representative office in this country.…
