{"id":37954,"date":"2026-05-06T12:35:03","date_gmt":"2026-05-06T09:35:03","guid":{"rendered":"https:\/\/tet.lt\/?page_id=37954"},"modified":"2026-10-09T15:43:51","modified_gmt":"2026-10-09T12:43:51","slug":"paslaugos","status":"publish","type":"page","link":"https:\/\/tet.lt\/lt\/services\/","title":{"rendered":"Verslo paslaugos Lietuvoje"},"content":{"rendered":"<h1>Business Services in Lithuania<\/h1>\n<div class=\"at-a-glance\">\n<h2>AT A GLANCE<\/h2>\n<ol>\n<li>We provide four categories of business service for companies operating in Lithuania: company incorporation, corporate services, accounting and tax compliance, and legal services \u2014 all under one engagement, coordinated by a single point of contact.<\/li>\n<li>Every service is available in English, delivered by professionals who understand both Lithuanian law and the practical requirements of international businesses setting up or operating in the country.<\/li>\n<li>Company incorporation covers the full range of registration methods \u2014 in-person, by power of attorney, subsidiary and branch registration, and purchase of a ready-made company \u2014 with timelines from 1\u20133 business days.<\/li>\n<li>Accounting services cover the complete compliance cycle from day-to-day bookkeeping to annual financial statements, including specialist services for crypto companies and firms undergoing liquidation.<\/li>\n<li>Legal services span corporate, contract, employment, immigration, tax, and compliance law \u2014 available as fixed-fee engagements, ongoing retainers, or project-based advisory.<\/li>\n<\/ol>\n<\/div>\n<div class=\"highlight-box\"><strong>Short answer<\/strong><br \/>\nOur business services cover everything a company needs to set up and operate in Lithuania: registering the legal entity, keeping it compliant (accounting, payroll, tax filings), providing the corporate infrastructure it needs to function (registered address, bank account, corporate documents), and advising on the legal matters that arise in day-to-day operations (contracts, employment, corporate governance, immigration). All services are provided in English by professionals who work exclusively with Lithuanian and internationally-owned businesses.<\/div>\n<h2 class=\"section-title\" style=\"text-align: center;\">Our Service Areas<\/h2>\n<p class=\"small-muted\" style=\"text-align: center;\">Select the service area that matches your need. Each area has dedicated supporting pages with full details, document checklists, process steps, and fixed-fee pricing.<\/p>\n[\/vc_column_text]\n\t<div class=\"wpb_raw_code wpb_content_element wpb_raw_html\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div style=\"display: flex; flex-direction: column; gap: 1.5rem; margin: 2rem 0;\">\n    \n    <!-- Company Incorporation -->\n    <div class=\"service-card\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-building\" style=\"color: #bfa161; font-size: 2rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <div style=\"display: flex; align-items: center; gap: 0.75rem; margin-bottom: 1rem;\">\n                <h3 style=\"margin: 0;\"><a href=\"https:\/\/tet.lt\/establishment-of-a-company-in-lithuania\/\" style=\"color: #bfa161; text-decoration: none;\">Company Incorporation<\/a><\/h3>\n            <\/div>\n            <p>Registering a Lithuanian company is fast \u2014 most UABs can be incorporated in 1\u20133 business days. What takes time is ensuring the entity is structured correctly: the right entity type, the right share capital structure, the right governance framework, and the right documentation for the founders' circumstances. We manage the complete registration process for all four incorporation routes, including remote registration by power of attorney for founders who cannot travel to Lithuania.<\/p>\n            <p><strong>Incorporation routes:<\/strong><\/p>\n            <ul class=\"checkmark\">\n                <li><a href=\"https:\/\/tet.lt\/purchase-of-a-ready-made-company-in-lithuania-uab\/\" style=\"color: #bfa161; text-decoration: none;\">Purchase of a ready-made company<\/a> \u2014 a pre-registered Lithuanian UAB, immediately available with a clean history<\/li>\n                <li><a href=\"https:\/\/tet.lt\/company-registration-in-lithuania-uab-upon-visit\/\" style=\"color: #bfa161; text-decoration: none;\">Company registration by visit to Lithuania<\/a> \u2014 in-person registration at the notary and Centre of Registers<\/li>\n                <li><a href=\"https:\/\/tet.lt\/establishment-of-a-company-in-lithuania-uab-by-proxy\/\" style=\"color: #bfa161; text-decoration: none;\">Opening a company by power of attorney<\/a> \u2014 remote registration for founders based outside Lithuania<\/li>\n                <li><a href=\"https:\/\/tet.lt\/subsidiary-branch-registration-in-lithuania\/\" style=\"color: #bfa161; text-decoration: none;\">Subsidiary \/ branch registration<\/a> \u2014 registering a Lithuanian subsidiary of a foreign parent company<\/li>\n            <\/ul>\n        <\/div>\n    <\/div>\n\n    <!-- Corporate Services -->\n    <div class=\"service-card\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-briefcase\" style=\"color: #bfa161; font-size: 2rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <div style=\"display: flex; align-items: center; gap: 0.75rem; margin-bottom: 1rem;\">\n                <h3 style=\"margin: 0;\"><a href=\"https:\/\/tet.lt\/corporate-services\/\" style=\"color: #bfa161; text-decoration: none;\">Corporate Services<\/a><\/h3>\n            <\/div>\n            <p>A registered company needs infrastructure to function: a legal registered address, a bank account, corporate documents prepared correctly for Lithuanian law, and \u2014 for companies without a local presence \u2014 a local director or corporate secretary who can handle day-to-day administrative matters. We provide the full suite of corporate support services for Lithuanian companies owned by foreign investors and international businesses.<\/p>\n            <p><strong>Corporate services we provide:<\/strong><\/p>\n            <ul class=\"checkmark\">\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/office\/\" style=\"color: #bfa161; text-decoration: none;\">Virtual office and physical office<\/a> \u2014 registered address in Vilnius; mail handling; physical workspace options<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/bank-account\/\" style=\"color: #bfa161; text-decoration: none;\">Bank account opening assistance<\/a> \u2014 coordinating with Lithuanian banks and payment institutions; documentation preparation<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/corporate-documents\/\" style=\"color: #bfa161; text-decoration: none;\">Corporate documents<\/a> \u2014 articles of association, shareholder resolutions, board minutes, and JAR filings<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/recruitment\/\" style=\"color: #bfa161; text-decoration: none;\">Recruitment services<\/a> \u2014 finding and placing Lithuanian-based employees for international companies<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/jadis\/\" style=\"color: #bfa161; text-decoration: none;\">JADIS system<\/a> \u2014 submission and maintenance of shareholder and participant information in the Information System of Participants in Legal Entities (JADIS). The Register of Legal Entities (JAR) is a separate register maintained by the Lithuanian Centre of Registers. Ultimate beneficial ownership information is submitted through JANGIS, a subsystem of JADIS. Each system has distinct reporting requirements.<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/director-services\/\" style=\"color: #bfa161; text-decoration: none;\">Director services<\/a> \u2014 providing a local director for companies that need a Lithuanian-resident management presence<\/li>\n                <li><a href=\"https:\/\/tet.lt\/corporate-services\/shareholder-services\/\" style=\"color: #bfa161; text-decoration: none;\">Shareholder services<\/a> \u2014 corporate secretary function; shareholder register maintenance; meeting management<\/li>\n            <\/ul>\n        <\/div>\n    <\/div>\n\n    <!-- Accounting Services -->\n    <div class=\"service-card\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-chart-line\" style=\"color: #bfa161; font-size: 2rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <div style=\"display: flex; align-items: center; gap: 0.75rem; margin-bottom: 1rem;\">\n                <h3 style=\"margin: 0;\"><a href=\"https:\/\/tet.lt\/accounting-services-in-lithuania\/\" style=\"color: #bfa161; text-decoration: none;\">Accounting Services<\/a><\/h3>\n            <\/div>\n            <p>Accounting compliance in Lithuania includes bookkeeping under the applicable Lithuanian Financial Accounting Standards or IFRS, VAT reporting where required, payroll and Sodra declarations, annual financial statements and Corporate Income Tax returns. Advance CIT declarations and quarterly payments apply only where the company meets the relevant statutory conditions. VAT reporting frequency depends on the company's registration status and applicable reporting rules. We provide accounting services on a fixed monthly retainer based on the company's transaction volume, activities and complexity, including specialist support for crypto-asset businesses, holding structures and companies undergoing liquidation.<\/p>\n            <ul class=\"checkmark\">\n                <li>Bookkeeping \u2014 monthly transaction recording under VAS; bank reconciliation; accounts payable and receivable<\/li>\n                <li>Accounting for crypto companies \u2014 specialist accounting for crypto-asset businesses under Lithuanian and IFRS standards<\/li>\n                <li>Liquidation services \u2014 accounting support during voluntary company winding-up<\/li>\n                <li>Financial reporting \u2014 management accounts and group consolidation reporting for foreign parent companies<\/li>\n                <li>Annual report \u2014 preparation and filing of the statutory annual financial statements with the Centre of Registers<\/li>\n                <li>Tax compliance and VAT services \u2014 VAT return preparation and filing; VMI correspondence; tax planning advisory<\/li>\n                <li>Outsourced accounting \u2014 fully outsourced finance function for companies without an in-house accountant<\/li>\n                <li>Payroll services \u2014 payroll calculation, SoDra declarations, employee payslips, and employment tax compliance<\/li>\n            <\/ul>\n        <\/div>\n    <\/div>\n\n    <!-- Legal Services -->\n    <div class=\"service-card\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-gavel\" style=\"color: #bfa161; font-size: 2rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <div style=\"display: flex; align-items: center; gap: 0.75rem; margin-bottom: 1rem;\">\n                <h3 style=\"margin: 0;\"><a href=\"https:\/\/tet.lt\/legal-services-in-lithuania\/\" style=\"color: #bfa161; text-decoration: none;\">Legal Services<\/a><\/h3>\n            <\/div>\n            <p>Legal services for businesses in Lithuania span the full range of corporate and commercial law \u2014 from drafting the contracts that govern commercial relationships to advising on corporate restructuring, employment disputes, immigration for non-EU staff, and regulatory compliance. We provide legal services at fixed fees for defined engagements and on retainer for ongoing advisory, in English, by lawyers who understand both Lithuanian law and how international businesses operate.<\/p>\n            <ul class=\"checkmark\">\n                <li>Contract law \u2014 drafting, reviewing, and negotiating commercial contracts; NDA; service agreements; supply contracts<\/li>\n                <li>Corporate law \u2014 shareholders' agreements; corporate governance; M&A; restructuring; share transfers<\/li>\n                <li>Employment law \u2014 employment contracts; termination; non-compete; HR disputes; collective agreements<\/li>\n                <li>Immigration law \u2014 employment-based temporary residence permits, EU Blue Card applications, residence permits for innovative startup founders, residence permits based on qualifying business activities, family reunification and work permits where specifically required by Lithuanian law. Since 1 July 2024, a separate work permit has not been the standard immigration route for ordinary employment by third-country nationals in Lithuania.<\/li>\n                <li>Tax law \u2014 tax structure advisory; VMI correspondence; transfer pricing documentation; tax dispute support<\/li>\n                <li>Compliance \u2014 regulatory compliance advisory; AML\/KYC frameworks; GDPR; internal policies<\/li>\n            <\/ul>\n        <\/div>\n    <\/div>\n\n<\/div>\n\t\t<\/div>\n\t<\/div>\n<div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2>Why a Single Provider for All Services<\/h2>\n<p>Most international businesses entering Lithuania work with three or four separate providers \u2014 a law firm for incorporation, an accountant for compliance, a separate firm for HR or immigration, and perhaps a corporate services company for the registered address. Each provider knows their part of the picture but not the whole. The result is coordination gaps: the accountant does not know what the company&#8217;s corporate structure looks like; the lawyer does not know what the accounting treatment of a transaction will be; the corporate services company does not know whether the employment contracts are in order.<\/p>\n<p>We cover all four service areas from a single team with a single point of contact. When a company registers through us and takes accounting and legal services alongside, the same team that set up the entity knows the corporate structure, the shareholder arrangements, the intercompany transaction profile, and the employment framework. There is no re-briefing, no coordination gap, and no risk of advice from one provider conflicting with advice from another.<\/p>\n<h3>Coordination that matters in practice<\/h3>\n<p>The coordination benefit is most visible at three moments: at setup (the incorporation, the bank account, the first employment contracts, and the accounting system all need to be aligned from day one \u2014 a mismatch here creates work to fix later); at the annual reporting cycle (the accountant, the corporate secretary, and the legal team need to work together to produce the annual report, the dividend declaration, and the shareholder meeting documentation); and at significant events (a new investor, a restructuring, a regulatory query, or a dispute \u2014 all require the legal, accounting, and corporate context to be understood simultaneously).<\/p>\n<h2>Services at a Glance<\/h2>\n<p>The grid below maps the key services across all four categories. Click through to the relevant supporting page for full details, process steps, and pricing.<\/p>\n<\/div><\/div>\n\t<div class=\"wpb_raw_code wpb_content_element wpb_raw_html\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<div style=\"display: flex; flex-wrap: wrap; gap: 1.5rem; margin: 2rem 0;\">\n    \n    <!-- Ready-made company -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-building\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Ready-made company<\/strong><\/h4>\n            <p>Pre-registered UAB available immediately; clean history; trading-ready in days<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Registration by PoA -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-file-signature\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Registration by PoA<\/strong><\/h4>\n            <p>Remote company registration by notarised power of attorney; no travel required<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Subsidiary registration -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-globe\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Subsidiary registration<\/strong><\/h4>\n            <p>Lithuanian subsidiary of a foreign parent; full documentation in English<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Virtual office -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-map-marker-alt\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Virtual office<\/strong><\/h4>\n            <p>Registered address in Vilnius; mail handling; meeting rooms on demand<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Bank account opening -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-university\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Bank account opening<\/strong><\/h4>\n            <p>Coordinating account opening with Lithuanian banks and EMIs<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Corporate documents -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-folder-open\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Corporate documents<\/strong><\/h4>\n            <p>Shareholder resolutions; board minutes; articles of association; JAR filings<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Recruitment services -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-users\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Recruitment services<\/strong><\/h4>\n            <p>Finding and placing Lithuanian-based staff for international companies<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Bookkeeping -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-book\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Bookkeeping<\/strong><\/h4>\n            <p>Monthly bookkeeping under VAS; from \u20ac250\/month (no VAT) or \u20ac350\/month (VAT)<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Payroll services -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-calculator\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Payroll services<\/strong><\/h4>\n            <p>Payroll calculation; SoDra declarations; payslips; employment tax compliance<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Crypto accounting -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fab fa-bitcoin\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Crypto accounting<\/strong><\/h4>\n            <p>Specialist accounting and regulatory reporting support for crypto-asset businesses, including authorised Crypto-Asset Service Providers (CASPs) under Regulation (EU) 2023\/1114 (MiCA). Lithuania's former national VASP transitional regime ended on 31 December 2025, and VASP registration alone no longer authorises regulated crypto-asset services from 1 January 2026.<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- VAT services -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-file-invoice\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>VAT services<\/strong><\/h4>\n            <p>VAT registration; monthly\/quarterly returns; EC declarations; reclaim<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Contract law -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-file-contract\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Contract law<\/strong><\/h4>\n            <p>Commercial contracts; NDAs; service agreements; supply contracts; reviewed in English<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Corporate law -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-building\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Corporate law<\/strong><\/h4>\n            <p>SHA; governance; M&A; share transfers; corporate restructuring<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Immigration law -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-passport\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Immigration law<\/strong><\/h4>\n            <p>Work permits; EU Blue Card; Startup Visa; residence permits; family reunification<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Employment law -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-briefcase\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Employment law<\/strong><\/h4>\n            <p>Employment contracts; termination; non-compete; HR disputes; policies<\/p>\n        <\/div>\n    <\/div>\n\n    <!-- Compliance -->\n    <div class=\"service-card\" style=\"flex: 1 1 calc(50% - 1.5rem); min-width: 250px;\">\n        <div class=\"service-icon\">\n            <i class=\"fas fa-shield-alt\" style=\"color: #bfa161; font-size: 1.5rem;\"><\/i>\n        <\/div>\n        <div class=\"service-content\">\n            <h4 style=\"margin: 0 0 0.5rem 0;\"><strong>Compliance<\/strong><\/h4>\n            <p>AML\/KYC; GDPR; internal policies; regulatory advisory for licensed businesses<\/p>\n        <\/div>\n    <\/div>\n\n<\/div>\n\t\t<\/div>\n\t<\/div>\n<div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2>The Typical Setup Journey for a New Business in Lithuania<\/h2>\n<p>For businesses entering Lithuania for the first time, the services required follow a logical sequence. Understanding the sequence \u2014 and the dependencies between steps \u2014 prevents the most common delays at setup.<\/p>\n<table class=\"costs-table\">\n<thead>\n<tr>\n<th>Step<\/th>\n<th>Service<\/th>\n<th>What Happens<\/th>\n<th>Typical Timeline<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Company Incorporation<\/td>\n<td>UAB registered with Centre of Registers (JAR); articles of association filed; share capital paid<\/td>\n<td>1\u20133 business days<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Virtual Office \/ Registered Address<\/td>\n<td>Legal registered address confirmed before or at incorporation<\/td>\n<td>Same day<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Bank Account Opening<\/td>\n<td>Assistance with opening the company&#8217;s operational bank or payment account, subject to the provider&#8217;s KYC and onboarding requirements. For a newly incorporated Lithuanian UAB, the initial share capital of at least EUR 1,000 must generally be paid into an accumulation account before incorporation, rather than deposited for the first time after registration.<\/td>\n<td>The timeline depends on the account provider and the documentation required.<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Accounting Setup<\/td>\n<td>Accounting retainer begins; chart of accounts configured; VAT registration if needed<\/td>\n<td>Week 1\u20132 after incorporation<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Employment Contracts<\/td>\n<td>First employment contracts prepared; employees registered with SoDra<\/td>\n<td>Before first employee starts<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Licences \/ Permits (if applicable)<\/td>\n<td>Sector-specific licences applied for in parallel with incorporation where possible<\/td>\n<td>Variable by licence type<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Annual Compliance Cycle<\/td>\n<td>Bookkeeping and periodic tax reporting as applicable; advance Corporate Income Tax calculations and payments only where required; preparation and approval of annual financial statements; statutory filing with the Register of Legal Entities; annual Corporate Income Tax return and required shareholder decisions<\/td>\n<td>Ongoing<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div class=\"highlight-box\"><i class=\"fas fa-lightbulb\" style=\"color: #bfa161;\"><\/i> <strong>Start with incorporation \u2014 not with licences<\/strong><br \/>\nBusinesses entering regulated sectors in Lithuania should determine the applicable licensing requirements before commencing operations. The eligibility criteria differ according to the regulated activity. Certain licences require an established legal entity, while other permits may be available to natural persons, individual entrepreneurs, foreign companies or registered branches. Incorporation of a Lithuanian company is therefore not a universal prerequisite for every licence. We assess the proposed activities and licensing requirements, determine the appropriate legal structure and coordinate incorporation and authorisation procedures in the correct statutory sequence.<\/div>\n<h2>Pricing Overview<\/h2>\n<p>All defined services are priced at fixed fees. Monthly retainer services are confirmed after an initial assessment of scope. The table below gives indicative starting prices across the main service categories \u2014 click through to the relevant supporting page for the full pricing table.<\/p>\n<table class=\"costs-table\">\n<thead>\n<tr>\n<th>Service<\/th>\n<th>Starting Price<\/th>\n<th>Basis<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Ready-made company purchase<\/td>\n<td>\u20ac1,500<\/td>\n<td>Fixed fee \u2014 includes transfer and JAR update<\/td>\n<\/tr>\n<tr>\n<td>Company registration by PoA (remote)<\/td>\n<td>\u20ac2,000<\/td>\n<td>Fixed fee \u2014 government fees extra<\/td>\n<\/tr>\n<tr>\n<td>Company registration by visit<\/td>\n<td>\u20ac1,700<\/td>\n<td>Fixed fee \u2014 government fees extra<\/td>\n<\/tr>\n<tr>\n<td>Subsidiary \/ branch registration<\/td>\n<td>\u20ac2,900<\/td>\n<td>Fixed fee \u2014 full legal and registration service<\/td>\n<\/tr>\n<tr>\n<td>Virtual office \u2014 registered address<\/td>\n<td>EUR 400 per year<\/td>\n<td>Annual service fee, subject to the agreed scope and renewal terms.<\/td>\n<\/tr>\n<tr>\n<td>Bank account opening assistance<\/td>\n<td>\u20ac2,000<\/td>\n<td>Fixed fee per bank engagement<\/td>\n<\/tr>\n<tr>\n<td>Accounting \u2014 no VAT number<\/td>\n<td>From \u20ac250\/month<\/td>\n<td>Monthly retainer<\/td>\n<\/tr>\n<tr>\n<td>Accounting \u2014 VAT registered<\/td>\n<td>From \u20ac350\/month<\/td>\n<td>Monthly retainer<\/td>\n<\/tr>\n<tr>\n<td>Annual financial statements<\/td>\n<td>From \u20ac650<\/td>\n<td>Fixed fee per year<\/td>\n<\/tr>\n<tr>\n<td>VAT registration (resident company)<\/td>\n<td>\u20ac800<\/td>\n<td>Fixed fee<\/td>\n<\/tr>\n<tr>\n<td>Payroll \u2014 per employee<\/td>\n<td>\u20ac70\/month<\/td>\n<td>Per employee per month<\/td>\n<\/tr>\n<tr>\n<td>Employment contract \u2014 standard<\/td>\n<td>\u20ac350<\/td>\n<td>Fixed fee<\/td>\n<\/tr>\n<tr>\n<td>Shareholders&#8217; agreement \u2014 standard<\/td>\n<td>\u20ac900<\/td>\n<td>Fixed fee<\/td>\n<\/tr>\n<tr>\n<td>Residence permit application<\/td>\n<td>\u20ac2,000<\/td>\n<td>Fixed fee<\/td>\n<\/tr>\n<tr>\n<td>NDA (English + Lithuanian)<\/td>\n<td>\u20ac750<\/td>\n<td>Fixed fee<\/td>\n<\/tr>\n<tr>\n<td>Legal retainer (ongoing advisory)<\/td>\n<td>On request<\/td>\n<td>Monthly retainer \u2014 quoted by scope<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: center;\">Frequently Asked Questions<\/h2>\n<\/div><\/div><div class=\"w-tabs style_default switch_click accordion has_scrolling\" style=\"--sections-title-size:inherit\"><div class=\"w-tabs-sections titles-align_none icon_chevron cpos_right\"><div class=\"w-tabs-section\" id=\"cbf7\"><button aria-controls=\"content-cbf7\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">Can I use all four service areas together or do I have to choose one?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-cbf7\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>All four service areas are designed to work together and we recommend using them as an integrated engagement for a new business setup. In practice, most clients begin with incorporation, add the accounting retainer immediately after, and engage legal services as specific needs arise. Corporate services \u2014 registered address, bank account assistance, corporate documents \u2014 are typically set up at the incorporation stage. There is no requirement to use all areas simultaneously, and each area is available independently if you have existing providers for the others.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"gc66\"><button aria-controls=\"content-gc66\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">Do you only serve foreign-owned companies, or also Lithuanian-owned businesses?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-gc66\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>We serve both. While a significant part of our client base is foreign-owned Lithuanian companies and international businesses establishing a Lithuanian presence, we also provide accounting, legal, and corporate services to Lithuanian-owned companies. The services on this page \u2014 particularly accounting, payroll, legal advisory, and corporate services \u2014 are equally relevant to Lithuanian-founded businesses that want professional support without an in-house finance or legal team.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"lcca\"><button aria-controls=\"content-lcca\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">How quickly can a new company be fully operational after incorporation?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-lcca\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>The legal entity can be registered in 1\u20133 business days. Full operational readiness \u2014 registered address confirmed, bank account open, accounting retainer live, VAT registration submitted, first employment contracts in place \u2014 typically takes 2\u20134 weeks from the start of the process. The main variable is bank account opening, which depends on the bank&#8217;s internal onboarding timeline. We manage all workstreams in parallel to minimise the total time to operational readiness.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"sd2d\"><button aria-controls=\"content-sd2d\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">Do you provide services in English?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-sd2d\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Yes. All services are provided in English \u2014 documentation, correspondence, management reports, and advisory. Where Lithuanian versions of documents are required by law (certain employment contracts, filings with Lithuanian authorities, court documents), we provide the Lithuanian version alongside the English version. All client communication is in English as standard.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"ad89\"><button aria-controls=\"content-ad89\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">What is the minimum engagement \u2014 can I just get help with one specific task?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-ad89\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>Yes \u2014 all services are available as one-off fixed-fee engagements. You can instruct us to prepare a single employment contract, manage a single VAT registration, or assist with a specific permit application without committing to an ongoing retainer. For recurring needs \u2014 monthly accounting, payroll, ongoing legal advisory \u2014 a retainer is more cost-efficient and ensures continuity. We advise on the most appropriate engagement structure at the initial call.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"fdde\"><button aria-controls=\"content-fdde\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">Do you have minimum revenue or company size requirements?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-fdde\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>No. We work with pre-revenue startups, early-stage companies, established SMEs, and subsidiaries of large international groups. The services are priced to be appropriate across these different stages \u2014 a pre-revenue startup does not need the same accounting scope as a 50-person company, and our retainer pricing reflects this. We confirm scope and pricing at the initial assessment for each engagement.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"w-tabs-section\" id=\"qe34\"><button aria-controls=\"content-qe34\" class=\"w-tabs-section-header\"><div class=\"w-tabs-section-title\">What happens if I need a service that is not listed here?<\/div><div class=\"w-tabs-section-control\"><\/div><\/button><div class=\"w-tabs-section-content\" id=\"content-qe34\" aria-expanded=\"false\"><div class=\"w-tabs-section-content-h i-cf\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><p>The supporting pages for each service area cover the most common services in that area in detail. For services not explicitly listed \u2014 unusual corporate structures, highly specialised legal matters, specific regulatory filings \u2014 we assess the requirement at the initial consultation and either handle it directly or refer it to a specialist with whom we work. We do not decline engagements because they are unusual; we assess each one and confirm whether and how we can help.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><\/div><\/div>\n<div class=\"highlight-box\">\n<p><strong class=\"golden\">Ready to get started?<\/strong><\/p>\n<p><a href=\"https:\/\/tet.lt\/contact\/\">Contact us <\/a> to discuss your business situation and immediate priorities. We will confirm the most efficient setup sequence, provide fixed-fee quotes for the services you need, and can begin within 24 hours of your instruction. Company registration can be completed within 1\u20133 business days; accounting and corporate services begin in parallel.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Business Services in Lithuania AT A GLANCE We provide four categories of business service for companies operating in Lithuania: company incorporation, corporate services, accounting and tax compliance, and legal services \u2014 all under one engagement, coordinated by a single point of contact. Every service is available in English, delivered by professionals who understand both Lithuanian&#8230;<\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-37954","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/37954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/comments?post=37954"}],"version-history":[{"count":9,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/37954\/revisions"}],"predecessor-version":[{"id":38274,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/37954\/revisions\/38274"}],"wp:attachment":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/media?parent=37954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}