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Company Registration in Lithuania

EU Gateway with 0-15% Tax

Company formation in Lithuania offers access to the European market with competitive operational advantages. Our 700+ documentations include proven Lithuanian company registrations with complete government compliance. Lithuania combines digital infrastructure with investor-friendly policies to facilitate the efficient establishment of businesses.
€2,500 Min. Capital | 0–15% Corporate Tax | 100% Foreign Ownership | EU Access to 440M+ Consumers

Strategic Business Advantages of Lithuania

Lithuania offers strong strategic incentives, making it an attractive destination for global investors. Below is a snapshot of the key advantages that support fast, compliant, and profitable business growth.

  • 0-15% Corporate Tax

    The standard corporate income tax rate is 15%, with micro-enterprises having a turnover of under €300,000 qualifying for a 5% rate. Large investments exceeding €20 million are eligible for a 0% corporate tax rate for 20 years. Free Economic Zone companies benefit from 0% tax initially.

  • 100% Foreign Ownership

    Foreign nationals own companies completely without local partner requirements or ownership percentage restrictions. No mandatory Lithuanian director or shareholder criteria exist. In Lithuania, foreigners are granted the same rights as Lithuanian citizens for business operations.

  • 50 Investment Protection Treaties

    Lithuania maintains 50 bilateral investment protection treaties safeguarding foreign investments internationally. Investors repatriate profits freely without withholding taxes or capital transfer restrictions. Foreign exchange controls do not limit international fund movements.

  • Direct EU Market Access

    Lithuanian companies operate freely across 27 EU member states without trade barriers or restrictions. Your business accesses a single market with standardized regulations and seamless cross-border operations.

Our Lithuania Company Formation Services

We deliver comprehensive company registration in Lithuania through proven methodologies. Our service portfolio encompasses comprehensive establishment requirements, from initial documentation to operational readiness.

  • Complete UAB Registration Package

    Starting a business in Lithuania begins with our full-service formation package. We handle document preparation, notarization coordination, and registry submission. You receive the company certificate, tax registrations, and the first-year registered address.

  • Corporate Bank Account Opening

    Opening a business in Lithuania requires operational banking relationships. We facilitate introductions with traditional Lithuanian banks and fintech providers. Our banking network includes Luminor, SEB, Swedbank, as well as Revolut and Wise.

  • Residence Permit Application Support

    Company formation in Lithuania with a visa creates opportunities for obtaining a residence permit. Strategic investors creating 150+ jobs qualify for special residence conditions under green corridor incentives.

Business Registration in Lithuania | Complete Process

Lithuania follows a structured, fast, and fully digital company formation system designed for foreign investors. The process is divided into clear phases, ensuring smooth compliance from name reservation to opening a permanent bank account.

Step 1: Name Reservation and Preparation

Name reservation takes one day, with an approximate $18 state fee. We conduct comprehensive availability searches to prevent conflicts and ensure seamless operations. Three alternative options ensure approval efficiency. Reserved names remain protected for six months.

Step 2: Share Capital Deposit

Lithuania company registration costs include a minimum capital of € 2,500 for UAB. At least 25% of the total amount must be paid initially, with the remainder due within 12 months. We assist with temporary account openings for capital deposit receipt and bank confirmation certificates.

Step 3: Document Notarization

Notarization typically takes 1-2 days with costs ranging €72 to €290. All incorporation documents require notarial authentication under Lithuanian law. We prepare the documentation needed with accurate translations.

Required Documents:

  • Shareholder/director identification and addresses
  • Articles of Association in Lithuanian
  • Registered address confirmation letter
  • Director appointment declarations
  • Share capital deposit certificate

Step 4: Registry Submission

Registration takes 1-2 business days via the electronic system, with a €57 state fee. State Enterprise Centre of Registers verifies submissions electronically. Your company will receive a unique identification number and an official registration certificate.

Step 5: Tax Registration

Complete VAT registration takes three days at no charge. All companies are automatically registered with the State Tax Inspectorate. VAT registration becomes mandatory when annual turnover exceeds €45,000. Companies hiring employees need to register for Sodra social security.

Step 6: Permanent Bank Account

Convert the temporary capital account to an operational business account. Traditional banks require comprehensive due diligence processes. Fintech alternatives offer faster remote account opening capabilities.

Lithuanian Company Structures Explained

Lithuania offers several legal structures designed to suit different business sizes, capital needs, and liability preferences. Below is a clear breakdown of the main company types to help investors choose the most suitable model for their operations.

    The UAB equivalent of LLC in the United States or Ltd in the United Kingdom. This represents Lithuania’s most common business structure for foreign investors requiring liability protection.

    Key Characteristics:

    • €2,500 minimum share capital requirement (25% paid upfront)
    • Limited liability protects shareholders’ personal assets
    • One to 250 shareholders permitted with a single director minimum

    The minimum share capital is €40,000, with 25% payable upon registration. ABs suit larger enterprises with substantial capital needs and public share offering capabilities.

    Key Characteristics:

    • Public or private share trading capability
    • Minimum three supervisory board members required
    • Enhanced governance structures for larger operations

    Small partnerships accommodate a maximum of 10 members with simplified governance requirements. This structure suits family businesses and professional practices with shared profit arrangements.

    Key Characteristics:

    • Up to 10 partners maximum
    • Simplified operational requirements
    • Shared profit and loss arrangements

    In TUB, partners have unlimited liability, while KUB limited partners limit their liability with a minimum of one general partner. Partnership structures are suitable for multiple partner arrangements with varying risk exposure.

    Key Characteristics:

    • TUB: All partners carry unlimited liability
    • KUB: Mixed liability with general and limited partners
    • Two or more partners are required for formation

Foreign Investment and Ownership in Lithuania

Under Lithuania's Law on Investments, foreign investors have equal access to all economic sectors, except for state security and defense activities. Free company formation in Lithuania is available to foreign nationals, granting them the same rights as Lithuanian citizens.

Starting a business in Lithuania as a foreigner does not require a Lithuanian co-founder. Foreigners have the same rights as Lithuanian citizens with no substantial restrictions for business. Directors operate as non-residents from any jurisdiction, maintaining complete operational control over the company.

    Remote registration by Power of Attorney costs €2,500, including the legal address, for the first year. The entire process can be completed remotely if the Power of Attorney is apostilled or legalized. 

    We manage complete formations through notarized Power of Attorney documentation. You receive company credentials via secure electronic delivery systems.

    Businesses must remain active for six months before applying for a residence permit. Investments reaching €20 million and creating 150 jobs qualify for special residence conditions. Active business operations are a prerequisite for obtaining a Temporary Residence Permit qualification.

High-Opportunity Business Sectors in Lithuania

Lithuania offers a diverse investment landscape supported by strong infrastructure, competitive costs, and EU-wide market access. The sectors below represent the highest-growth opportunities for foreign investors entering the Lithuanian economy.

  • Financial Technology and Innovation

    Recent trends indicate a rise in tech-related investments, drawn to Lithuania’s skilled IT workforce and innovation hubs. Vilnius has established a reputation as a significant fintech hub in Central Europe. Government programs provide specialized support for technology business development.

  • E-Commerce and Digital Services

    EU membership eliminates trade barriers for Lithuanian companies. Lithuania advantageously positions itself for transport sector activities within the EU and to other countries. Digital infrastructure supports efficient remote service delivery throughout European markets.

  • Manufacturing and Production Operations

    Notable FDI projects include investments by Nasdaq and Thermo Fisher Scientific, which have established significant Lithuanian operations. Manufacturing maintains competitive labor costs while adhering to EU quality compliance standards. Skilled workforce supports production through established supply chain networks.

    • Why Choose PI Startup Advisory

    700+ successful documentations across 35+ countries. Leverage our strong relationships with the Lithuanian authorities and service providers to ensure a smooth company registration process.

    We have extensive experience in Lithuanian company formation and have completed over 700 company setups worldwide. Our strong connections with local authorities and service providers guarantee timely submissions, and no client has ever faced compliance issues or delays.

    We handle the entire formation process, including document preparation with accurate Lithuanian translations, notarization coordination, and tax and VAT registration applications. Our team also facilitates banking relationships and provides a registered address for the first year.

    Our services come with fixed pricing and no hidden fees. Clients receive regular status updates at every stage of the formation process. Post-formation accounting and compliance support maintain the company’s standing. Our dedicated team ensures smooth operations after setup.

    Frequently Asked Questions

    Buying a company in Lithuania requires a €2,500 minimum capital of € 2,500. Only 25% (€625) is payable upon formation, with the remainder due within twelve months.

    How long does it take to set up a company in Lithuania?

    Remote registration typically takes 3-5 days, provided all requirements are complete and intact. An additional 5-10 days for the bank account to be set up. The total process spans typically 10-15 business days.

    Can a foreigner own a business in Lithuania?

    Yes, 100% foreign ownership permitted without restrictions. No local partner or director requirements exist for most business sectors.

    What are corporate tax rates in Lithuania?

    Standard rate equals 15% on corporate income. A small business in Lithuania with a turnover of under €300,000 and 10 employees qualifies for a 5% rate. Significant investments may be eligible for a 0% tax rate for 20 years.

    Is VAT registration mandatory in Lithuania?

    Registration becomes mandatory when the annual turnover exceeds the €45,000 threshold. Below this level, registration remains optional. Standard VAT rate equals 21%

    Can I register my company entirely remotely in Lithuania?

    Complete remote registration available through a notarized Power of Attorney. No visit to Lithuania is required for the entire formation process.

    What business to start in Lithuania for foreigners?

    UAB suits most foreign investors requiring liability protection and flexible operations. We assess specific business requirements during initial consultation.

    How much does it cost to open a company in Lithuania?

    The cost of company formation in Lithuania includes approximately €75 in government fees, €72-€290 for notarization, professional services, and a minimum capital of € 2,500. The total typically ranges from €3,000 to €4,000.