Business services in Lithuania

We will quickly and professionally set up your company and take care of all the formalities, so you can start your business smoothly.

What we do

Our services

UAB / MB / IĮ / VšĮ / Charity and support fund / Branch / Representative office

Company formation

We register a legal entity of any legal form – electronically or through a notary. We represent non-residents under a power of attorney.

Company conversion

We help you change the legal form of your company: IĮ / MB / UAB conversions. From 3 weeks.

Company liquidation

We liquidate your legal entity, organise and hand over the documents to the archive, and provide an extract confirming the company's liquidation.

Trademark registration

We assess your trademark and, as you prefer, register it in Lithuania and/or the EU. Timeframes from 6 months.

Accounting and other services

Share capital increase, change of director, transfer of shares, amendment of articles of association, change of company name or registered address, ordering documents, submitting or updating data at the State Enterprise Centre of Registers.

Changes in your company

Other services

We provide full support with any changes in your company, including professional preparation of documents, certification at notary offices and registration with the State Enterprise Centre of Registers.

All prices
  1. Transfer of shares

    We prepare the necessary powers of attorney, decisions and agreements, coordinate with the notary, can represent you under a power of attorney, register the change with the Centre of Registers and provide a new extract.

  2. Change of director

    We prepare the necessary powers of attorney and decisions, register the change with the Centre of Registers and provide a new extract.

  3. Amendment of articles

    We prepare the necessary powers of attorney, decisions and the new version of the articles of association, register them with the Centre of Registers and provide the new articles.

  4. Capital increase

    We prepare the necessary powers of attorney, decisions and agreements, register the increase with the Centre of Registers and provide the new articles of association.

  5. Migration services

    We will help you obtain a residence permit in Lithuania on the grounds of work, studies, family, business and others.

  6. Obtaining a transport licence

    We will take care of all the formalities at the Lithuanian Transport Safety Administration. We will help you prepare all the documents and obtain the licence, its copies and other documents.

Would you like a consultation?

Request a call – we will contact you within a few hours, discuss your questions and offer the best solution for you.

Get in touch

Ask us a question

We will reply within a few hours.

FAQ

Frequently asked questions

Can I set up a company remotely?

Yes, a legal entity can be established without the founders being present. All you need is an electronic signature; foreigners need a notarised power of attorney for the person who will carry out the necessary procedures.

What documents are needed to set up a company?

Only a copy of a valid identity document of the founders and the director is required. If a founder is a foreign individual or legal entity, a notarised power of attorney will also be needed (and, for a founding legal entity, its incorporation documents). We prepare all other required documents.

What is the difference between a UAB and an MB?

A private limited company (UAB) and a small partnership (MB) are the two most popular business forms in Lithuania for limited-liability legal entities. A UAB is better suited to a growing business with investment, while an MB is more flexible for a small business. A UAB requires share capital of at least EUR 1,000, whereas an MB requires a member's contribution of as little as EUR 1. A UAB can be founded by individuals and legal entities and have 1 to 249 shareholders, while an MB can only have individuals as members, from 1 to 10.

Which electronic signature is suitable for setting up a company?

You can use a mobile signature issued by your mobile operator, a USB key issued by the State Enterprise Centre of Registers, or LT ID – an identity card with the relevant certificates.

What is the minimum share capital required to register a company?

The minimum share capital depends on the legal form of the entity: a private limited company (UAB), for example, requires share capital of at least EUR 1,000, while a small partnership can be registered with a founder's contribution of as little as EUR 1.

Are there any restrictions for a foreigner setting up a company?

The procedure for establishing a legal entity in Lithuania is the same for foreigners as for Lithuanian citizens. No additional permits are required. The founder or the director of a company can be a citizen of any country, and a valid identity document is enough. For foreigners, incorporation is most often carried out through a notary.

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

Setting up a company online with a suitable electronic signature usually takes 3–5 business days. Registration through a notary takes about 2 weeks.

How quickly can a company be liquidated?

Liquidating a legal entity takes 4 to 12 months, depending on its financial situation, whether annual reports have been filed on time, and other factors.