Legal entity types in Lithuania compared
Our team is skilled in helping entrepreneurs similar to you understand Lithuania’s business structures. Our services cover all aspects to ensure compliance with legal requirements while selecting the best structure for your venture. Let’s discuss the different business structures and how we can support you in establishing your business in Lithuania.
Legal entities in Lithuania
Below is a summary of the most common legal structures that can be established in Lithuania:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Private Limited Liability Company | Uždaroji akcinė bendrovė | € 1000 | Directors | 5 days |
| Public Limited Company | Akcinė bendrovė | € 40000 | Board of directors | 10 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Private Limited Liability Company (Uždaroji akcinė bendrovė)
The Private Limited Liability Company is a popular option among businesses in Lithuania, offering limited liability protection and a flexible structure that makes it an enticing choice for entrepreneurs. Our team is available to assist you in establishing your own Private Limited Liability Company in Lithuania.
Public Limited Company (Akcinė bendrovė)
Larger corporations in Lithuania frequently opt for the Public Limited Company due to its capacity to raise capital through public offerings and its adaptable structure, which provides notable benefits. Our team is available to help you with the registration of your Public Limited Company in Lithuania.
Branch Office
A branch office serves as a continuation of the main company, enabling it to operate in a new area while maintaining its original legal status. Setting up a branch office in Lithuania can be beneficial for businesses seeking to grow in the country without forming a separate legal entity. By functioning as a branch, the parent company can make use of its established brand name and assets while entering new markets. We provide full assistance in navigating the complexities of establishing and overseeing a branch office in Lithuania, guaranteeing a seamless and legal move into the market.
Holding Company
In Lithuania, setting up a holding company can provide advantages such as centralized management, risk diversification, and tax benefits. By organizing your business in this way, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our experienced team offers personalized support to assist you in creating and running a holding company in Lithuania, ensuring adherence to legal regulations and maximizing the potential of your corporate structure.
Requirements for starting the business
Let’s examine the necessary prerequisites for establishing any form of business entity in Lithuania and how our committed team supports you throughout the entire process.
Minimum share capital
Lithuania has specific minimum share capital requirements for different business structures. Our team will help you figure out the required minimum share capital for your business, regardless of the type of corporation you choose. We will be by your side to make sure you meet all the regulations while making the most of your financial assets.
Directors and shareholders
In Lithuania, every business must have directors and shareholders. Our experts can provide valuable guidance in selecting appropriate directors to help ensure that your company benefits from their expertise and aligns with your future goals.
Legal duties and obedience
Ensuring compliance with all obligations, from registering with appropriate authorities to meeting reporting and tax requirements, is essential. Our legal team manages all administrative tasks to guarantee full compliance, allowing you to concentrate on your main activities while we handle the paperwork.
Book a consultation
The team invests time in comprehending your objectives, sector, and obstacles, allowing us to offer tailored support during the process of forming a business. With our expertise and commitment to excellent service, we ensure a smooth and trouble-free path to creating a successful company in Lithuania. Don’t let the challenges of starting a business in Lithuania hinder your success. Trust us to help your company reach its full potential. Kickstart your path to success by reaching out to us today. Simply complete and submit the inquiry form below, and our experts will reach out to you.