Business setup in Lithuania
Entrepreneurs looking to establish a strategic presence in Eastern Europe may find Lithuania to be an appealing option. With its advantageous location and favorable economic conditions, Lithuania presents a wide range of business opportunities for enterprises of any size. This hidden gem in Eastern Europe has a lot to offer to those contemplating starting a small, medium, or large-scale business.
Benefits of business setup in Lithuania
Lithuania offers a number of appealing advantages that set it apart from other Eastern European countries in terms of choosing a corporate location. Some of the key benefits include:
Business landscape
Lithuania is an excellent location for technology and manufacturing investment due to its favorable business policies, skilled workforce, and strategic Baltic Sea access. The country's competitive costs, regulatory support, and thriving startup community provide various benefits for companies seeking to enter the European market.
Taxes
Lithuania has a corporate income tax rate of 15%, which is flat. The country has a beneficial tax system and gives rewards for eligible investments, particularly in areas such as technology and innovation. Lithuania is a part of both the EU and the Eurozone.
Banking
The banking sector in Lithuania benefits from effective regulation and supports innovation and digital banking options, which in turn facilitate efficient and technology-focused financial services and investment opportunities.
Our business setup solutions
We offer a wide variety of services to help you establish your business in Lithuania.
Bookkeeping
Our accounting services are reliable and transparent, tailored to meet your specific needs, including the recording of daily transactions and the preparation of financial statements.
Bank account opening
Our team will guide you through the necessary steps and help you choose a bank that aligns with the objectives of your business.
Taxation and compliance
The tax specialists possess a deep understanding of tax regulations and are able to offer strategic tax planning and compliance assistance. Our goal is to guarantee that your company fulfills its tax responsibilities while also maximizing tax benefits to reduce financial obligations.
Document drafting
We provide extensive assistance in fulfilling your legal needs, ranging from creating legal documents like articles of association and shareholder agreements to registering your corporate address.
Company registration
Our team of professionals assists you in the registration of your company in Lithuania. We take care of all the required documentation and communicate with the appropriate authorities to guarantee a seamless and effective registration process. Whether you are initiating a new business or growing your current one, we offer customized support to simplify the registration process and establish your company promptly. We are dedicated to aiding you in tackling the challenges of company registration, from selecting the appropriate business structure to acquiring essential licenses and permits.
Business license applications
We are able to manage the entire process for you, making sure that we obtain all required permits and licenses efficiently and in accordance with local regulations.
Business opportunities in Lithuania
In Lithuania, there are numerous corporate opportunities available in different sectors. Some of the main industries that are successful in the country are:
Manufacturing and engineering
Lithuania's manufacturing sector is varied, focusing on electronics, machinery, and plastics. The nation's proficient labor force, strategic positioning, and welcoming business climate serve to draw investments in manufacturing and engineering.
Information technology
The IT industry in Lithuania is experiencing fast growth, driven by innovation, skilled workers, and government backing. The nation provides a favorable environment for software creation, IT services, and technology startups, with a specific emphasis on fintech, cybersecurity, and e-commerce.
Logistics
The advantageous geographical position of Lithuania as a meeting point for trade routes connecting East and West makes it an excellent center for logistics and transportation. With contemporary infrastructure, streamlined customs processes, and top-notch logistics services, Lithuania facilitates global trade and business.
Energy
Lithuania is making investments in wind, solar, and biomass as renewable energy sources with the aim of decreasing reliance on imported energy and supporting sustainability. There are prospects in Lithuania for companies engaged in energy generation, distribution, and technology.
Setting up a new business
Starting a new business in a foreign market such as Lithuania may seem challenging, but with the appropriate assistance and backing, the process of setting up a new business can be made easier.
We understand the difficulties that arise when launching a new business, and our team is committed to helping you through the process. Whether you have experience as an entrepreneur or are venturing into business for the first time, we are here to offer personalized solutions to address your individual requirements.
Establishing a small business
Our dedicated team of experts is able to assist you with various legal and administrative tasks, including compliance, taxation, and company registration. We understand the challenges faced by small businesses and can provide tailored solutions to help you establish a solid foundation for future growth.
Medium-sized business setup
We offer a full range of services including setting up a company, accounting, and tax advice to ensure adherence to local laws. Our support allows you to simplify your processes and concentrate on expanding your business, while we handle the administrative tasks.
Large business setup
The qualified professionals offer comprehensive assistance, starting from establishing a business and registering a legal address to devising tax strategies and setting up corporate banking. We recognize the specific requirements of big companies and can provide customized options to help you enter and expand in the market.
Contact us
We provide the assistance and guidance you need to effectively navigate the obstacles of starting and growing your business in Lithuania through our wide array of corporate setup services. Contact us now to schedule a consultation and learn more about how we can assist you in achieving your corporate goals.
Ready for the next step
Accelerate your business growth while we take care of everything else.