Doing business in Lithuania
Lithuania is the best place to do business. The volume of the Lithuanian venture capital market is about 100 million euros. The main areas of activity in Lithuania are information technology, biochemistry, physics (lasers and transistors), and mathematics. The financial sector is actively developing in Lithuania: Western Union, Barclays, NASDAQ have their representative offices there.
Setup Company
Starting a business in Lithuania as a foreign investor is quite easy given that the same rules apply to local and foreign entrepreneurs. The first step in starting a successful company in Lithuania is choosing the right type of company. According to Lithuanian Commercial Law, there are several types of legal entities that can be registered here:
- UAB – Private Limited Liability Company
- TUB – general partnership
- AB – Public Limited Company
- IE – individual proprietorship
- MB – small business
Business formation
Forming a company in Lithuania is quite simple but each country has its own difficulties. Our experts will help you prepare the necessary package of documents and choose the type of company that suits your business, we will also advise you on taxes and we are going to support you at all stages of a company formation in Lithuania.
Business transfer
In modern companies, the transfer of power to a hired manager occurs in four main causes are as follows – business owners live abroad, the businessman is planning to start a completely new business, business is rebuilt the functional structure into a decentralized holding Usually, the business transfer should be a preferred tool to structure a deal. Our team of lawyers and economists will help you carry out a business transfer and advise you on all issues.
Business in Lithuania
Lithuania is the most suitable for those who want to enter a new stage of business development and get a residence permit or citizenship in one of the most stable and environmentally friendly countries in Europe. Besides, Lithuania is one of the few countries where you can quickly set up a business.
