Medium business setup in Lithuania
Situated in Eastern Europe, Lithuania has become an attractive destination for business owners who want to start or grow their companies. The country offers a beneficial business environment, including policies that are favorable to businesses, a workforce with strong skills, and a strategic location on the Baltic Sea that is ideal for investing in technology and manufacturing.
Formalities and procedures for medium business setup
When starting a medium corporation, there are many formalities and procedures to navigate. Our goal is to make this process easier by providing customized solutions for each step, allowing you to concentrate on your main corporate tasks. Below are the essential requirements and services we offer for establishing a medium corporation in Lithuania.
Company name reservation
Selecting a captivating and unique name for your business is important. We can help you through the process of researching and reserving a suitable name, making sure your company stands out and meets all legal obligations.
Legal entity selection
Selecting the appropriate legal structure is vital for a medium-sized business. To help you make an informed decision tailored to your individual requirements and future objectives, we provide expert guidance on Private Limited Liability Company (UAB), Public Limited Company (AB), Branch Office, and Holding Company.
Get the necessary paperwork ready
Our skilled team helps with creating precise and detailed documents that are customized to fit your company’s structure and goals. We guarantee adherence to all legal regulations and take care of the filing procedure for you.
Bank account opening
The process of setting up a business in Lithuania requires meeting certain capital requirements. We will help you navigate this process, ensuring that you comply with the regulations and also help you in opening a bank account with a reputable financial institution in Lithuania.
Company registration
We manage the administrative tasks by overseeing the registration process with the necessary authorities, like the Lithuania Trade and Companies Register and tax agencies. This guarantees that your business is lawfully acknowledged and meets all requirements right from the start.
Medium business examples
Medium-sized companies operate in different fields, each with their own specific needs. Here are some instances of such companies and the legal structures that are typically appropriate for them, along with our tailored solutions.
- Consulting: Mid-sized consulting firms with a regional or focused national presence
- Distribution: Regional distributors, wholesalers
- Electronics retail: Regional chains or e-commerce focused stores
- Finance: Regional banks or financial institutions
- Healthcare: Specialist clinics, mid-sized medical practices
- Information technology: IT consultancies with a specific focus, software development firms
- Logistics: Companies with moderate fleets and regional hubs
- Manufacturing: Smaller-scale factories with specialized production
- Publishing: Mid-sized publishing houses, specialized presses
Benefits of establishing a medium business
There are many benefits to starting a medium-sized business in Lithuania which make it an attractive corporate location. Our services are designed to support your growth and success, and we are committed to helping you make the most of these benefits.
Our solutions: business formation made easy
We realize the importance of your time and resources. This is why we provide two convenient options to simplify the process of creating a company.
Business formation online
Using the Lithuania online platform, you are able to begin and oversee the complete process of setting up a company. Our digital solutions streamline the process, saving you time and effort, from reserving a name to preparing and submitting documents.
Business formation remotely
Employ professionals to oversee every aspect of the process of forming a company from a distance, including tasks after registration, preparing documents, and registering.
Contact us today
Begin your entrepreneurial journey in Lithuania with our comprehensive assistance packages. We ensure a smooth and successful start for your medium-sized business by providing expert guidance and assistance throughout the entire business formation process. Contact us today to discuss your specific needs and discover how we can help you achieve your business goals in Lithuania.