Registration fee is from 1800 €
Registration period — 1 week
Minimum authorized capital - 1000 EUR
Remote opening — yes
Financial statements — yes
Lithuania (the Republic of Lithuania) is a country located in Northern Europe on the eastern coast of the Baltic Sea. Lithuania has been a member of the EU and NATO since 2004, and is a member of the Schengen area. The capital is Vilnius.
Maira Consult recommends using a company registered in Lithuania as a transport or logistics company, for trading or manufacturing.
For a non-resident investor, company registration in Lithuania is possible by signing documents with a notary in Lithuania or electronically through the registry. Before registering a UAB company through the registry, a non-resident director must obtain a mobile signature. A mobile signature for a director of a Lithuanian company can be issued if he or she has a residence permit in Lithuania or a Lithuanian passport. To register a Lithuanian MB company electronically, a director's mobile signature is not required.
You can register a company in Lithuania quickly and remotely, without travelling abroad.
Our experts are well versed in the process of registering a company in Lithuania and are ready to provide you with professional advice and assistance on all issues.
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5% income tax for small companies
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No requirements for share capital of the MB company
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Fast and remote company registration procedure
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Lithuania is the main logistics centre of Europe
The most common types of companies are the private joint-stock company (UAB) and the small enterprise (MB).
The name of the company must end with a word or abbreviation indicating its legal form.
The minimum amount of authorized capital for a UAB company is 1000 EUR, and it must be paid. There are no requirements for payment of the authorized capital for registration of an MB company in Lithuania.
At least one individual, no residency requirements. The director of a UAB company must be officially employed and receive a salary (in 2024, the amount is 924 EUR before taxes). There are no requirements for the director to be officially employed in MB company.
At least one individual or legal entity, no residency requirements (for UAB). In MB company, only an individual can be a shareholder.
All Lithuanian companies are required to keep and submit annually financial statements. In some cases, an audit is required. If the company has a VAT number, it is additionally required to file monthly VAT returns.
Corporate tax is 5% for companies with a turnover of up to EUR 300,000 per year. For Lithuanian companies with a turnover of more than EUR 300,000 per year, the corporate income tax is 15%. Dividend tax is 15%, but dividends received from a foreign company registered in an EU member state are not taxed. In a Lithuanian UAB company, dividends can be withdrawn only after paying income tax. In a Lithuanian MV company, dividends can be withdrawn monthly, but the amount should not exceed EUR 100,000 per year.
The state register is open. The information about the company, director, shareholder, and the size of the company's share capital is public available.
Before registering a company in Lithuania, you need to submit a request to the Commercial Register to check the availability of the name. Once it is confirmed, the preparation of corporate documents begins.
Each member of the company must provide a passport and proof of residence (utility bill). Before registering a UAB company, a non-resident director must obtain a mobile signature (not required for MB companies).
Registration of a company in Lithuania can be carried out both remotely and with the personal presence of the director and shareholders. A company can be registered through a notary or directly through the state registry.
The minimum share capital of a UAB company is 1000 EUR. Before the registration, the share capital must be paid in full to the company's bank account in a Lithuanian bank.
The process of registering a company in Lithuania usually takes 5 to 10 business days after receiving all the necessary documents, depending on the workload of the notary or the state registry.
As soon as a company in Lithuania is registered, the register issues ready corporate documents with the appropriate stamps.
If necessary, the documents of the Lithuanian company are submitted for legalisation and apostille.
Originals of corporate documents of a Lithuanian company are sent by courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207