Law on Companies of the Republic of Lithuania
Lo que regula la ley
The Law on Companies (No. VIII-1835) governs the two forms of limited liability companies in Lithuania: the private limited liability company (UAB) and the public limited liability company (AB). It sets the rules for incorporating a company, its share capital and shares, the rights and duties of shareholders, the management bodies, and the reorganisation, transformation and liquidation of a company.
A quién se aplica
Every UAB and AB registered in Lithuania — including companies fully owned by foreign individuals or foreign companies. Matters not covered by this law are governed by the Civil Code.
Puntos clave para los propietarios de empresas
- Founding documents. A company is founded with a founding act or agreement and its articles of association, and comes into existence when it is registered in the Register of Legal Entities.
- Share capital. The capital is divided into shares; the law sets the minimum share capital and how it is paid, increased or reduced.
- Management bodies. The general meeting of shareholders and the director (manager) are mandatory; a board and a supervisory board are optional for a UAB.
- Annual decisions. The general meeting of shareholders approves the annual financial statements and decides on the distribution of profit.
- Shareholder register. Data on the company’s shareholders must be submitted to the JADIS information system and kept up to date.
- Changes. Amendments to the articles of association, a change of director or registered office, and similar changes must be registered with the Register of Legal Entities.
Texto oficial: Law on Companies, No. VIII-1835 (English translation) (Registro de Actos Jurídicos del Seimas, e-seimas.lrs.lt). Las traducciones al inglés que aparecen allí pueden no incluir las últimas modificaciones; prevalece la versión lituana.
Este resumen explica la ley en lenguaje sencillo para propietarios de negocios. No constituye asesoramiento legal y no reemplaza el texto oficial; las leyes cambian, por lo que siempre debe consultar la versión actual. Para obtener asesoramiento sobre su situación, contáctenos.