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Your EU entry point in the Baltics.
Lithuania offers one of the most competitive and business-friendly environments in the European Union — with a straightforward UAB formation process, a robust fintech regulatory framework, and full EU market access. As an EU member state, Lithuania provides foreign businesses with access to the European single market, a skilled English-speaking workforce, and a modern digital infrastructure.
Best for
Choose the right business structure based on your ownership goals, activities, and budget.
Private limited liability company — the most common structure for foreign businesses. Flexible, limited liability, and fully recognized across the EU.
Public joint-stock company — suitable for larger enterprises planning to raise capital from public markets.
Extension of a foreign company operating in Lithuania — no separate legal entity, parent company liable.
For market research and liaison activities — cannot conduct commercial operations.
Follow these steps to successfully register and launch your business.
Search and reserve your company name in the Lithuanian Register of Legal Entities (Juridinių Asmenų Registras).
Prepare the company's Articles of Association defining share structure, governance, and business activities.
Open a bank account and deposit the minimum share capital (€2,500 for UAB) before filing.
Submit incorporation documents to the Register of Legal Entities — can be done via notary or online portal.
Register for corporate income tax and VAT with the State Tax Inspectorate (VMI).
Register with the State Social Insurance Fund Board (Sodra) for social insurance obligations.
Obtain EU VAT registration number — required for intra-EU trade and Intrastat reporting.
Apply for any sector-specific licences (e.g., Bank of Lithuania authorisation for fintech, EMI, or PI licences).
Explore the immigration and residency pathways available for business owners and investors.
For highly skilled non-EU professionals working in Lithuania — provides EU-wide mobility rights.
For entrepreneurs establishing innovative startups in Lithuania — fast-track route to temporary residence.
For company founders, directors, and employees of Lithuanian registered companies.
Long-stay visa for non-EU nationals planning to establish or manage a company in Lithuania.
Estimated timelines for each phase of your business setup.
Phase 1
3–7 business days
From name reservation to certificate of registration.
Phase 2
3–10 business days
VMI registration and EU VAT number issuance.
Phase 3
2–6 weeks
Traditional banks or EMI accounts — subject to KYC and AML due diligence.
Phase 4
1–3 months
Temporary residence permit for founders and key employees.
Information on this website is provided for general guidance only and may change based on government rules, jurisdiction, business activity, and individual circumstances. Silicon Mappers provides consultancy support but does not guarantee visa, bank account, licensing, or government approval outcomes. Final costs depend on jurisdiction, activity, authority approval, and individual circumstances.
Silicon Mappers manages the complexity of global expansion so your leadership team can focus on what matters — growing the business.