COMPANY FORMATION IN LITHUANIA

LAWYER

Viačeslavas Lelešius

How can we help

  • We will take care of the whole process of company formation.
  • Your presence in Lithuania is not necessary when setting up a company.
  • We will advise you on the shareholders’ structure, management liability, payment of dividends, or any other legal or taxation issues.

What you need to do

  • Open bank account and deposit authorized capital (minimum 2.500 EUR).
  • Sign documents.

Timeline

After bank account is opened, the company is usually registered within 5 business days.

Consider these questions

  • How the manager will be elected in case of disagreement between the shareholders.
  • How the profit will be distributed in case of disagreement between the shareholders.
  • How to redeem company shares if shareholders can no longer work together.

To avoid problematic situations, shareholders can enter into a shareholder’s agreement and agree on how they will behave in certain situations. If it is relevant to you, consult our lawyer.

LAWYER

Viačeslavas Lelešius

Costs

  • 650 EUR + VAT company’s formation service.
  • 200 EUR notary and state fees.

+ 100 EUR + VAT if company’s name is in foreign language.

+ 300 EUR + VAT if the founder is a legal entity.

+ Translation costs (if the founder is a foreign legal entity).

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