Business Services by Industry

Why Industry-Specific Services Matter

Lithuanian corporate, accounting and tax requirements depend on a company’s legal form, size, activities, tax status and applicable regulatory framework. Different types of companies may be subject to different financial reporting, audit, taxation and governance obligations. Additional requirements concerning licensing, compliance, contracts and regulatory supervision vary according to the industry and the specific activities carried out.

A foreign investor registering a holding company to receive dividends from an existing business needs a clean structure, a competent accountant, and clear transfer pricing documentation. A fintech founder applying for an EMI licence needs all of that plus an AML policy, a compliance officer, a capital adequacy plan, and a Bank of Lithuania that is satisfied with the governance structure before the licence is granted. The underlying company registration is the same. Everything that follows it is not.

We have structured our industry pages to reflect this reality. Each page maps the services most relevant to that sector, explains the specific regulatory context, and describes what a company in that industry typically needs at each stage of its lifecycle in Lithuania — from first registration through to ongoing operations and, where applicable, regulatory authorisation.

Services by Industry — Overview

The table below shows which services are most commonly required by each industry type. This is a general guide — the exact scope for your company depends on your specific activities, structure, and regulatory status. Each industry page provides a more detailed breakdown.

Why Lithuania for Your Industry

The choice of EU jurisdiction matters — particularly for fintech, e-commerce, and SaaS businesses where the regulatory framework, banking infrastructure, and tax treatment of specific activities create meaningful differences between member states. Lithuania’s advantages are sector-specific as well as general.

For fintech and payment companies

Lithuania has developed an established financial technology sector, particularly in electronic money and payment services. The Bank of Lithuania supervises authorised Electronic Money Institutions (EMIs) and Payment Institutions (PIs) under the applicable Lithuanian and EU regulatory frameworks. Licensing applications are assessed individually against requirements concerning initial capital, governance, management suitability, safeguarding of client funds, operational infrastructure and AML/CFT compliance. The duration of authorisation depends on the completeness and complexity of the application. Claims concerning Lithuania’s ranking by number of licences or comparative licensing speed should be supported by current, comparable regulatory statistics. For companies seeking an EMI or payment institution licence that allows them to operate across the EU under a single authorisation, Lithuania is the most practical entry point.

For crypto and blockchain businesses

Lithuania regulates crypto-asset services under Regulation (EU) 2023/1114 (MiCA), which has generally applied to Crypto-Asset Service Providers (CASPs) since 30 December 2024. Lithuania’s transitional period for previously registered Virtual Asset Service Providers (VASPs) ended on 31 December 2025. Since 1 January 2026, national VASP registration no longer provides authorisation to conduct regulated crypto-asset services. Companies must generally obtain CASP authorisation from the Bank of Lithuania or qualify for an applicable exemption or notification procedure, including Article 60 of MiCA for certain authorised financial institutions. The Financial Crime Investigation Service (FNTT) retains relevant AML/CFT functions within its statutory competence. We assist with CASP authorisation applications, regulatory compliance and related corporate requirements.

For e-commerce businesses

Lithuania’s membership in the EU Single Market allows eligible e-commerce businesses to sell goods and services to consumers across EU Member States, subject to applicable VAT, consumer protection and product compliance requirements. The EU One Stop Shop (OSS) scheme simplifies VAT reporting for qualifying cross-border B2C transactions through a single Member State of identification. However, OSS does not eliminate every obligation to register for VAT in another Member State, particularly where a company holds stock, makes domestic supplies outside the scope of OSS or carries out other transactions requiring local registration. Lithuania’s standard VAT rate is 21%. Cross-border operations involving non-EU countries are subject to separate customs, trade, sanctions and tax requirements.

For SaaS and technology companies

Lithuania has a growing technology talent pool — particularly in Vilnius and Kaunas — with competitive salaries relative to Western European markets. For SaaS companies that need Lithuanian-based engineers, product managers, or data specialists, the employment market is accessible and the Labour Code framework is manageable with the right legal support. Lithuania’s IP box regime allows qualifying intellectual property income to be taxed at a reduced effective rate, which we structure correctly for SaaS companies holding their IP through a Lithuanian entity.

For foreign investors and holding structures

Lithuania’s participation dividend exemption — which allows dividends received by a Lithuanian holding company from qualifying subsidiaries to be exempt from Lithuanian corporate income tax under certain conditions — makes Lithuania a viable holding jurisdiction for multi-entity EU structures. Combined with the 55+ double taxation treaty network and the country’s membership in the EU and OECD, a Lithuanian holding company can be an efficient intermediate between a non-EU parent and EU operating subsidiaries. We advise on holding structure design as part of our tax law service.

Frequently Asked Questions