Preparation of a full package of documents depending on the chosen form of ownership, communication with authorities on all matters during the registration
Full notary support of all procedures required for company incorporation and further business activities within the jurisdiction
Legal address for 1 year
We provide a legal address for your company in this jurisdiction, eliminating the need to purchase or rent a property. The cost is indicated for 1 year of use.
Seal of the company
Registration of the company's seal in accordance with the laws of the jurisdiction
Visiting jurisdiction personally for registration of a company is not necessary - the remote opening service will help us save your time
Corporate bank account
Preparation of necessary documents for opening of a bank account on choice of the client from the selection offered by Prifinance
VAT number for an incorporated company
Assistance in obtaining a tax number
Accounting service for 1 year
Accounting for the company for 1 year
|Total cost||550 EUR||850 EUR||1550 EUR||2950 EUR|
|Cost of annual service (paid from the second year)||500 EUR||500 EUR||500 EUR||500 EUR|
Choose your service
and request an offer
Lithuania is a member of the EU, OECD and Eurozone. Lithuania, like other Baltic countries, has a stable economy. Despite the global crisis in 2020, the following dynamics was observed in the country:
It should be noted that foreigners and Lithuanians are provided with the same conditions for starting a business, which is why this place is so popular among entrepreneurs.
An innovative, woodworking, construction and chemical business is actively developing in the republic. Despite the fact that the labor force here is not expensive, it provides high-quality services.
The economic relations of Lithuania are regulated by Chapter XI "Finance and state budget" of the Constitution:
Useful laws of the Republic of Lithuania for entrepreneurs:
Main tax laws:
In Austria, the following 4 organizational and legal forms are most common:
|Number of founders||1||1||>=2||2|
|Numbers of shareholders||No limited||100||>=2||No limited|
|Min share capital||EUR 43.500||EUR 2.900||-||-|
Individuals and legal entities, residents and non-residents have the right to be shareholders in Lithuania.
Financial and economic control over the legality of the management of state property and its use and the execution of the state budget in the country is exercised by the State Control.
The list of taxes paid by Lithuanian entrepreneurs was formed under the influence of the European Union and is indicated in the Constitution of the Republic. The average tax rate in the country is below the European level, it is about 30%.
The following features can be noted in the tax system of Latvia:
1. personal income - 15%;
for income> 104,277.6 EUR - 32%;
for some types of self-employment - 10%;
for disabled people, single parents - 0%;
2.corporate - 15% (taxable base - profit from trading operations and capital gains, passive income)
with profit <810 EURO and <10 employees - 13%;
for micro companies (<10 employees, income <300,000 EUR) - 5%;
for agricultural companies (with a profit of 50%), for companies that do not pursue a profit - 0%;
benefits for holding companies;
3. value added - 21%;
goods supplied outside the EU - 0%;
medicines, services for the disabled, periodicals - 5%;
non-periodical publications; public transport, heating services - 9%;
4. social insurance - 21.27%;
5.for dividends of non-residents - 15%
for foreign companies registered in the EU - 0%;
6. excise taxes - on sugar, chocolate, coffee, tobacco, jewelry, alcohol, fuel, electricity, some art publications;
7. on land - 0.1-4% (depends on the value of the land);
and natural resources, environmental pollution;
For all the nuances of the tax payment process, please, contact our Prifinance specialists.
A company in Lithuania can be registered in just 4 stages:
When registering a private limited liability company, you must provide the following documents:
Our experts provide a wide range of services, ranging from obtaining licenses for certain types of activities and permits for opening companies to supporting in receiving a residence permit and citizenship. If you are interested in any stage of opening a company or its entire process - feel free to contact us by 24-hour number. As soon as possible, you will be contacted and our specialists will advise on all issues.