About Lithuania
Lithuania offers the fastest company registration in the EU, a competitive 15% corporate tax rate, a highly skilled tech workforce, and a thriving fintech ecosystem with EU banking passporting.
Remotely Process Your Lithuanian UAB Company Incorporation in About 15 Business Days
Lithuania company incorporation with TKEG Expat — we register your Lithuanian Uždaroji akcinė bendrovė (UAB), the private limited liability company, with the Register of Legal Entities (Centre of Registers): name reservation, articles of association, share capital, and director and shareholder filing for up to two natural persons. Lithuanian law requires a local registered address; our virtual address covers the compliance requirement. Additional natural-person shareholders or directors beyond two incur a price difference, and corporate shareholders require a prior consultation with your account manager. EU-member Lithuania is a stable, digital-first gateway into the Baltic and European markets.
Service Included
-
- Providing registration services for Lithuanian companies to clients;
- Up to two natural person shareholders.
Number of services already included in this product: 1.00
Memo
If using a legal entity (company) to hold shares, please contact the customer relationship manager.
Product Requirement
Lithuanian UAB Company Incorporation's Requirements
TKEG Expat ™ (HK SAR) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.
Up to two natural person shareholders/directors
This product supports a maximum of two natural person shareholders/directors. If the number of natural person shareholders/directors of the expected Lithuanian company exceeds two, a price difference needs to be paid.
Has Solutions?: Yes
Number of services already included in this product: 2.00
You need a Lithuanian address
To register a company in Lithuania, a Lithuanian address is required. If you don't have a Lithuanian address, you can choose the address-anchoring service provided by TKEG Expat.
Has Solutions?: Yes
Service Not Included in Product
Ownership
Consolidated Ownership
Limited Liability
Positive
Publicly Participates In Capital Market
Negative
Requirements For Shareholders
At least one
Requirements For Directors
At least one
Legal Representative Not Mandatory
Negative
Local Directors Not Mandatory
Positive
Local Secretaries Not Mandatory
Positive
Minimum Registered Capital Requirement
1. Starting from 2500 euros.
Capital Injection Not Required
Negative
Capital Injection Requirement
The share capital of 2 500 EUR deposit is required in order to incorporate a UAB in Lithuania.
Memo
N/A
Document Requirement
We Need These To Help You With Lithuanian UAB Company Incorporation
TKEG Expat ™ (HK SAR) aims to provide the most accurate and up-to-date information to our clients. Please use this "Document Requirement Table" to determine which documents you will need to submit to fulfill the product requirements. Please note, the requirements of document can change depending on your case.
Natural Person Shareholders & Directors's Required Documents
Power of Attorney
TKEG Expat provides a lawyer's power of attorney, and the client needs to proceed with English notarization + Apostille on their own.
Document Process: Apostille
Document Format: Scan Copy
Proof of Address
Shareholders and directors' address verification: Scan of water, electricity, and gas bills or bank statements. It needs to be translated into English. The document should clearly indicate the shareholder/director's name, address, and date, and must not be older than 1 month.
Document Process: Not Applicable
Document Format: Scan Copy
Passport
Shareholders and directors need to provide scans of the first page of their passports, and customers are required to arrange for notarization in English and Apostille by themselves.
Document Process: Apostille
Document Format: Scan Copy
Frequently Asked Questions
The traditional incorporation model of choosing a power of attorney requires a cumbersome document authentication process and a power of attorney can only be used once for the respective event. The e-signature option requires the customer to sign all company documents, including incorporation and subsequent filings or changes to the company's business information, in person via video authentication.
The company's registered capital must be used for the company's day-to-day operating costs, such as paying for the cost of goods, paying an accountant, and paying for our services.
Yes, the registered capital must be transferred from a bank account in the name of the shareholders in proportion to their shareholding to the company's provisional capitalization account.
The company's registered capital must be used for the company's day-to-day operating costs, such as paying for goodscosts, to pay accountants, to pay for the services of TKEG Expat.
Simple establishment process
Although some business owners may still choose to submit documents to national institutions in person to create a company, there is another clearly more effective way. In order to simplify the process and make it easier to obtain, Lithuania is offering a very convenient and reliable digital registration platform. The cost of establishing a company online has been greatly reduced, requiring only an electronic signature to verify identity and legal commitments.
Lowering the threshold for immigration requirements
According to Lithuanian law, investing in a company in Lithuania is a valid reason for immigration and residence in the country for foreign citizens. This decision is made to encourage investment in business and has attracted many foreigners to reside here based on legal activities. Foreigners have the right to join the management of a legal entity already established in Lithuania (becoming shareholders of the company) or to establish a new legal entity.
Simple management
A Lithuanian company can be established with 100% foreign ownership. Its management board must have at least one board member, who can also be a foreigner.
Self-declaration of value-added tax
Since the tax reform in July 2021, all e-commerce companies registered outside the European Union need to have platforms like Amazon declare value-added tax on their behalf. Registering a Lithuanian company allows you to self-declare value-added tax, reducing the tax payable.
General CIT Rate
17
CIT Return Due Date
Before the 15th day of the sixth month in the next tax period.
CIT Payment Due Date
Before the 15th day of the sixth month in the next tax period.
CIT Estimated Payment Due Date
Prepaid CIT must be paid before the 15th of the last month of the corresponding quarter.
Resident Withholding Tax (Dividend/Interest/Royalty)
0/0/0
None-Resident Withholding Tax (Dividend/Interest/Royalty)
17/10/10
General VAT Rate
21
General Capital Gain Tax Rate
Capital gains are constrained by the normal corporate income tax rate.
Composite Effective Average Tax Rate
13.67%
Composite Effective Marginal Tax Rate
7.25%
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