How to set up a company in Lithuania?
Depending on the nature of your activity in Lithuania, the type of structure that best suits your project on the Lithuanian market (liaison or representative office, subsidiary, branch), and the legal form of business in Lithuania that you will choose (sole proprietorship, limited liability company, etc...), the administrative procedures and formalities for the formation of the company in Lithuania may vary. Generally, the steps to create and register a company in Lithuania are:
- Choice of the legal form under Lithuanian law and the social capital
- Drafting the company statutes in Lithuanian.
- Opening a Lithuanian bank account
- Registering the company in the Lithuanian trade register
- Obtaining a Lithuanian tax identification number
After these steps of creation, you will receive all the necessary legal documents attesting the legal existence of your company or subsidiary in Lithuania. Your Lithuania business will also have to meet the specific accounting requirements of Lithuanian business law.
Lithuania: Merger & Acquisition (M&A)
Setting up your business in Lithuania and starting from scratch to develop it in the Lithuanian market can be an exciting challenge, but it can also be time consuming. Sometimes it is more interesting and faster to acquire a Lithuanian competitor that is already well established in the Lithuanian market. It is therefore necessary to study the Lithuanian market carefully to detect the most interesting companies.
To create a company in Lithuania, it is strongly advised to be accompanied by a Lithuanian lawyer or an Lithuanian expert who will be able to save you many problems in front of the subtleties of the Lithuanian business law.
nativExpand is your gateway to facilitate the creation of your company in Lithuania. Thanks to a network of experts in company incorporation on the Lithuanian market, we will accompany you and put you in contact with a Lithuanian professional, ideally an English speaker or speaking your language.