Business Set-Up in Lithuania

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How clients rate our Business Set-Up Service...

Advocate Abroad seeks client feedback to ensure continued high-quality service provision.
Very helpful advice and very professional work, I would definitely recommend to everyone!
Katarzyna Chabinka
Katarzyna Chabinka
26 Apr 2024
G o o g l e Review

Service Details

Business Set-Up

This service is available across Lithuania

Who Needs This Service?

This service is designed for expats, global investors, tech startups, and multinational companies looking to establish or expand their operations in Lithuania. It is particularly suitable for businesses drawn to Lithuania's vibrant technology sector, strategic geographic location, and the advantageous EU market access it offers.

Who Needs This Service?

Process: Step by Step

  1. Strategic Assessment: Initial consultation to align your business model with Lithuania's economic sectors and market opportunities.
  2. Entity Structure Consultation: Expert advice on selecting the ideal business form such as UAB (private limited company), AB (public limited company), or individual enterprise, tailored to your business scale and sector.
  3. Regulatory Insight: Comprehensive overview of Lithuanian business regulations, encompassing licences, industry-specific regulations, and environmental compliance.
  4. Banking Arrangements: Assistance in setting up a corporate bank account in Lithuania, integral for financial operations and company registration.
  5. Site Selection and Setup: Support in choosing and setting up physical business locations, including negotiations and utility setups.
  6. Formal Registration: Efficient coordination of all registration actions with the Lithuanian Register of Legal Entities, ensuring accurate submission of required documents.
  7. Fiscal Registrations: Managing VAT registration and other fiscal obligations, interfacing with the State Tax Inspectorate to secure compliance.
  8. Employment Structuring: Guidance on drafting employment agreements, setting up payroll systems, and complying with local labour laws.
  9. Final Compliance Review: Thorough inspection to confirm compliance with all Lithuanian regulations prior to launching operations.
Process: Step by Step

What are the benefits of this service?

  • Market-specific Expertise: Navigate the Lithuanian market with insights from local experts.
  • Customised Planning: Tailored strategies that are specifically designed to meet your business requirements.
  • Process Efficiency: Quick and effective methods to get your business operational rapidly.
  • All-inclusive Multilingual Support: Extensive support from legal setup through to operational deployment.
What are the benefits of this service?

Key Elements of this Service

  • Customized Market Entry Strategy
  • Complete Adherence to Lithuanian Business Laws
  • End-to-End Establishment Assistance
Key Elements of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?

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