Steps to open a company in Lithuania
Opening a company in Lithuania remotely requires a representative who can act on your behalf if you are not a Lithuanian resident.
Choose your company structure:
Every company formation begins with a structure. Select the appropriate company type based on your business goals.
Register your business name:
Check the availability of your desired company name through the Registrar of Enterprises (Registrų centras)
Appoint a local representative (if required):
If you’re not a resident of Lithuania, you may need to appoint a local representative to handle legal and administrative matters.
Prepare the necessary documents:
Outline the company’s structure, purpose, and rules.
Submit documents and pay fees:
Submit the required documents and fees to the Registrar of Enterprises. Fees typically include state registration fees and notary fees.
Register for taxes:
After approval register your company for taxes with the State Tax Inspectorate (VMI). This includes VAT, corporate income tax, and other relevant taxes.