Corporate Services in Lithuania
AT A GLANCE
- Corporate services provide a Lithuanian company with the operational infrastructure it needs to function: a legal registered address, a bank account, correctly drafted corporate documents, and the management presence required by Lithuanian law.
- A virtual office in Vilnius provides a legitimate registered address with mail handling from €50 per month — the minimum requirement for any Lithuanian company that does not have physical premises.
- Bank account opening in Lithuania has become more complex in recent years; we coordinate with multiple banks and payment institutions to maximise approval rates for foreign-owned and newly incorporated companies.
- The JADIS system — Lithuania’s register of beneficial owners — requires every Lithuanian company to declare its ultimate beneficial owners. Failure to comply results in the company being suspended from commercial activity.
- Director services and shareholder services provide the management and governance infrastructure for companies that need a local director, a corporate secretary, or ongoing support with Lithuanian shareholder and board administration.
Short answer
Corporate services for a Lithuanian company cover the practical infrastructure that makes a company operational beyond the moment of registration: a legal address, a functioning bank account, correctly prepared corporate documents, beneficial ownership compliance, and — for foreign-owned companies without a local presence — a local director or corporate secretary. We provide all seven corporate services as standalone engagements or as a coordinated package for companies setting up in Lithuania for the first time.
Corporate Services: What We Provide
Seven corporate services are available individually or as a coordinated package. Each links to a dedicated supporting page with full details, document requirements, and pricing.
Why Corporate Services Matter for Foreign-Owned Companies
A registered company without functioning corporate infrastructure is a legal shell. The registration creates the entity; the corporate services make it operational. For foreign-owned Lithuanian companies — managed from London, Dubai, Tel Aviv, or New York — the gap between registration and operational readiness is where most practical problems arise.
The registered address — more than a postbox
Every Lithuanian company must have a registered address. The address appears on the company’s JAR registration, its invoices, its contracts, and all official correspondence from VMI, JAR, and other authorities. A company without a valid registered address cannot be incorporated. A company whose registered address is a residential apartment (common among founders who try to use their own address) may face challenges: VMI may question whether the company is genuinely operating from that address; banks may be reluctant to open accounts for companies registered at residential addresses; and enterprise clients may raise questions about the company’s establishment. A professional virtual office address in Vilnius resolves all of these issues.
Bank account — the most frequently delayed step
In the current AML regulatory environment, Lithuanian banks have significantly tightened their corporate account onboarding processes. New companies, foreign-owned companies, and companies in fintech, crypto, or other higher-scrutiny sectors face the most intensive review. The most common causes of delay or refusal are: inadequate documentation of the company’s business model and expected transaction profile; inability to satisfactorily explain the source of share capital; unclear beneficial ownership documentation for multi-layer structures; and directors or shareholders who appear on adverse media or sanction-adjacent databases. We prepare bank applications specifically to address these scrutiny points, significantly reducing the incidence of requests for further information.
JADIS — the compliance gap most companies discover too late
JADIS (the beneficial ownership register) is not optional. Every Lithuanian company must register its ultimate beneficial owners within one month of incorporation. Companies that have not done so — which is a surprisingly large proportion of foreign-owned Lithuanian companies incorporated before 2020, when enforcement became more active — are technically suspended from commercial activity. The suspension does not always manifest immediately in visible ways, but it creates legal uncertainty about the company’s capacity to enter contracts and can affect bank account applications and regulatory licensing. We check JADIS status for every new client and bring non-compliant registrations into compliance as an immediate priority.
Director services — when a local presence is needed
Not every foreign-owned company needs a local director. A company whose foreign shareholder serves as director, signs documents electronically, and has a reliable power of attorney in place for Lithuanian administrative matters typically functions well without one. A local director adds value when: the company needs a Lithuanian-resident signatory for a bank account that requires one; when a regulatory authority expects to see a locally-present management figure; when the foreign director is frequently unavailable or unable to execute documents within required timelines; or when the company is in a regulated sector where the regulator assesses management presence as part of its licensing review.
Corporate Services Quick Reference
| Service |
Why It Is Needed |
When to Set Up |
Recurring Obligation |
| Virtual office / registered address |
Legal requirement — every company must have a registered address |
Before or at incorporation |
Annual renewal; notify JAR of any change |
| Bank account opening |
Required to receive payments, pay suppliers, and pay share capital |
Within 1–2 weeks of incorporation |
No — one-time setup; ongoing banking relationship |
| Corporate documents |
Shareholder resolutions, board decisions, and JAR filings are required throughout company life |
On demand as corporate events arise |
Annual AGM; annual JAR confirmation |
| Recruitment services |
Finding qualified Lithuanian-based staff for internationally managed companies |
When the company is ready to hire |
No — per-hire engagement |
| JADIS registration |
EU AML legal requirement — all Lithuanian companies must register beneficial owners |
Within 1 month of incorporation |
Annual confirmation; update on any ownership change |
| Director services |
Local management presence for banking, regulatory, or operational reasons |
At incorporation or when need arises |
Monthly retainer while director is in role |
| Shareholder services |
Corporate governance compliance and administration for foreign shareholders |
At incorporation or when corporate secretary support is needed |
Annual AGM; ongoing as events arise |
Corporate Services Pricing
All corporate services are available as standalone fixed-fee engagements or as a coordinated package. Monthly retainer services are confirmed after an initial scope assessment.
| Service |
Price |
Virtual office — registered address in Vilnius
Includes address registration, mail handling, and digital notification service |
€400/year |
Registered address change (JAR filing)
Updating registered address with Centre of Registers and notifying VMI |
€650 |
Bank account opening assistance — standard company
Document preparation, bank selection advisory, and application coordination |
€2,000 |
Bank account opening — complex structure or high-scrutiny sector
Extended advisory for multi-layer ownership structures, fintech, or crypto companies |
€2,500 |
EMI / payment institution account opening advisory
Identifying suitable EMI providers and coordinating onboarding |
€500 |
Articles of association (bespoke)
Customised for the ownership structure and governance requirements |
€900 |
Shareholder resolution (standard)
Per resolution — dividend declaration, director appointment, capital changes, etc. |
€750 |
Share transfer documentation
Share purchase agreement, transfer deed, JAR update |
€850 |
Dividend declaration package
Resolution, withholding tax calculation, and payment documentation |
€600 |
JAR filing (change of directors / shareholders)
Filing changes with the Centre of Registers |
€850 |
Apostille and legalisation coordination (per document)
Coordinating notarisation, apostille, and certified translation |
€800 |
Recruitment — standard hire (up to senior specialist)
Per placement; includes sourcing, screening, shortlist, and placement guarantee |
€2,000 |
Recruitment — senior / management hire
Management and C-suite roles; quoted individually |
On request |
JADIS registration (initial — at incorporation)
Registering all ultimate beneficial owners in the Centre of Registers system |
€300 |
JADIS annual confirmation
Annual declaration that registered data remains accurate |
€180 |
JADIS update (ownership change)
Updating beneficial owner data following share transfer or restructure |
€300 |
JADIS compliance audit (existing company)
Reviewing and correcting JADIS registration for companies not previously compliant |
€500 |
Director services — monthly retainer
Scoped per engagement; based on transaction volume and authority requirements |
On request |
Director service agreement drafting
Service agreement defining scope, authority, decision protocol, and indemnification |
€800 |
Annual general meeting management
AGM agenda, shareholder notice, resolutions, and minutes |
€800 |
Corporate secretary — monthly retainer
Ongoing shareholder register maintenance, resolutions, and governance support |
On request |
Power of attorney preparation
PoA for foreign shareholder/director; English and Lithuanian; apostille coordination |
€750 |
Frequently Asked Questions