Anyone can open a company in Lithuania—residency is not required. Both EU and non-EU citizens are eligible to register and own a Lithuanian company. You do not need to reside in Lithuania to manage your business.

The two most common business structures for foreign entrepreneurs in Lithuania are the UAB (Private Limited Liability Company) and the MB (Small Partnership).

• UAB is best suited for entrepreneurs planning to scale their business, attract investors, or issue shares. It requires a minimum share capital of €1,000 and offers strong credibility with clients, partners, and financial institutions.
• MB is a more flexible and cost-effective option, ideal for freelancers, consultants, and small businesses. It requires no share capital and has fewer administrative obligations, making it a popular choice among first-time entrepreneurs. An MB can later be converted into a UAB, allowing businesses to start lean and upgrade their legal structure as they grow.

You only need to provide a valid passport. All other documentation, such as registration forms, articles of association, and notary procedures, will be handled by our team.

No, visiting Lithuania is not required. The entire process can be completed remotely through secure digital and legal channels.

Absolutely. We take care of the entire process—from preparing documents and submitting them to relevant authorities, to setting up your company address, transferring ownership (if needed), and assisting with post-registration services such as VAT registration, accounting, and bank account setup.

• MB (Small Partnership) requires a minimum share capital of just €1, making it an accessible and low-barrier option for starting a business.
• UAB (Private Limited Liability Company) requires a minimum share capital of €1,000, which can be contributed either in cash or in kind.

Lithuania offers attractive corporate tax incentives, especially for newly established and small businesses:

• 0% corporate tax – applies in the first year of operation if the company meets the small business criteria (annual turnover below €300,000 and no more than 10 employees).
• 6% corporate tax – applies if the company’s annual revenue does not exceed €300,000 and it employs no more than 10 employees.
• 16% corporate tax – applies if the company’s turnover exceeds €300,000 or it employs more than 10 people.

We offer two convenient options for setting up a Small Partnership (MB):

1. Company Setup and Ownership Transfer – €500
   We incorporate the company under our name and, once the process is complete, transfer full ownership to you.
2. Full Incorporation Under Your Name – €700
   With a Power of Attorney, we handle the entire incorporation process directly under your name.

Both options include all necessary steps to successfully establish your Small Partnership in Lithuania.

We offer two service options for setting up a Limited Liability Company (UAB) in Lithuania:

1. Company Setup and Ownership Transfer – €700
   We incorporate the company under our name and, once the process is complete, transfer full ownership to you.
2. Full Incorporation Under Your Name – €900
   Using a Power of Attorney, we handle the entire incorporation process directly under your name.

Both options cover all steps required to successfully establish your UAB in Lithuania.

If you’re just starting out, we generally recommend opening a Small Partnership (MB). It offers several advantages for new entrepreneurs:

• Lower taxes for small-scale operations
• Lower incorporation cost compared to a UAB
• Simpler management and accounting requirements

And if your business grows or your needs change, an MB can later be converted into a UAB without complications.

This makes MB a flexible and cost-effective choice for getting started.

Yes – we provide the company registration address free of charge.

While many service providers charge at least €200 per year for this, we include it at no extra cost.