Business setup in Lithuania
Opening a business in Lithuania is a wise business decision. Lithuania has a stable market economy because of an active business support policy pursued by the government. Thus, in the ranking of the freest economies in the world, Lithuania is 15thm. Besides, in terms of ease of starting a business – 11th, as well as in the index of investment attractiveness – 2nd in Europe.
Business Plan
Opening a company requires knowledge of the regulatory framework, the selection of shareholders, directors. An independent study of all the necessary documents, the search for a registered agent can take a significant amount of time.
Market research
Before entering the new market, the company needs to develop its own marketing plan. Such a plan is mandatory in cases where business expansion is considered to reach a new level and promote new or existing products/services.
Market entry
The result of market research and understanding competitors' activities, economic trends in the market and many other factors that make up the business environment, which allows you to be closer to the consumer and understand their needs.
Business Registration
It is important to decide what type of company you need. There are different business structures that can be registered in Lithuania. The type of company depends on the goals of the investor’s business, the industry of his business, and location. One type is suitable for small and medium businesses, the other is suitable for large companies and holdings. Our experts will help you determine your type of company and register it correctly.
Get started
We have huge experience and the necessary knowledge to register a company in Lithuania. The lawyers, accountants, and business consultants are ready to provide professional assistance with the process of registering a company and with the further conduct of your business.
Business opportunities
There are many advantages to choosing Lithuania to start your business. Firstly, the cost of maintaining staff is much lower than other European countries. Secondly, the income tax in Lithuania is 15% (for small companies with up to 10 people and a turnover of 300,000 euros – 5%), and a company in Lithuania is an opportunity to enter the global EU market. However, the main thing is the opportunity to acquire a European residence permit.
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What is next
Accelerate your business growth while we take care of accountancy and bank account opening.