{"id":39053,"date":"2026-10-02T10:40:47","date_gmt":"2026-10-02T07:40:47","guid":{"rendered":"https:\/\/tet.lt\/legal-framework\/law-on-companies\/"},"modified":"2026-10-02T10:40:48","modified_gmt":"2026-10-02T07:40:48","slug":"law-on-companies","status":"publish","type":"page","link":"https:\/\/tet.lt\/lt\/legal-framework\/law-on-companies\/","title":{"rendered":"Law on Companies of the Republic of Lithuania"},"content":{"rendered":"<section class=\"l-section wpb_row height_custom\"><div class=\"l-section-h i-cf\"><div class=\"g-cols via_flex valign_top type_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column tet-lf\"><div class=\"wpb_wrapper\"><h1 style=\"text-align: center;\">Law on Companies of the Republic of Lithuania<\/h1>\n<h2>What the law regulates<\/h2>\n<p>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.<\/p>\n<h2>Who it applies to<\/h2>\n<p>Every UAB and AB registered in Lithuania \u2014 including companies fully owned by foreign individuals or foreign companies. Matters not covered by this law are governed by the Civil Code.<\/p>\n<h2>Key points for company owners<\/h2>\n<ul>\n<li><strong>Founding documents.<\/strong> 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.<\/li>\n<li><strong>Share capital.<\/strong> The capital is divided into shares; the law sets the minimum share capital and how it is paid, increased or reduced.<\/li>\n<li><strong>Management bodies.<\/strong> The general meeting of shareholders and the director (manager) are mandatory; a board and a supervisory board are optional for a UAB.<\/li>\n<li><strong>Annual decisions.<\/strong> The general meeting of shareholders approves the annual financial statements and decides on the distribution of profit.<\/li>\n<li><strong>Shareholder register.<\/strong> Data on the company&#8217;s shareholders must be submitted to the JADIS information system and kept up to date.<\/li>\n<li><strong>Changes.<\/strong> 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.<\/li>\n<\/ul>\n<p class=\"tet-lf-official\"><strong>Official text:<\/strong> <a href=\"https:\/\/e-seimas.lrs.lt\/portal\/legalAct\/lt\/TAD\/2af0c0d049b811e68f45bcf65e0a17ee\" target=\"_blank\" rel=\"noopener\">Law on Companies, No. VIII-1835 (English translation)<\/a> (Register of Legal Acts of the Seimas, e-seimas.lrs.lt). English translations there may not include the latest amendments \u2014 the Lithuanian version prevails.<\/p>\n<div class=\"tet-term-links\">\n<div class=\"tet-term-links-title\">Susijusios paslaugos<\/div>\n<ul>\n<li><a href=\"https:\/\/tet.lt\/lt\/imones-steigimas-lietuvoje\/\">\u012emon\u0117s registracija Lietuvoje<\/a><\/li>\n<li><a href=\"https:\/\/tet.lt\/lt\/teisines-paslaugos-lietuvoje\/imoniu-teise\/\">Corporate law services<\/a><\/li>\n<li><a href=\"https:\/\/tet.lt\/lt\/imoniu-paslaugos\/jadis\/\">JADIS<\/a><\/li>\n<li><a href=\"https:\/\/tet.lt\/lt\/zodynelis\/uab\/\">Glossary: UAB<\/a><\/li>\n<\/ul>\n<\/div>\n<p class=\"tet-lf-note\">This overview explains the law in plain English for business owners. It is not legal advice and does not replace the official text; laws change, so always check the current version. For advice on your situation, <a href=\"https:\/\/tet.lt\/lt\/kontaktas\/\">kontaktai<\/a>.<\/p>\n<p class=\"tet-back\"><a href=\"https:\/\/tet.lt\/lt\/legal-framework\/\">\u2190 Legal framework<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"Law on Companies of the Republic of Lithuania What the law regulates 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...","protected":false},"author":1,"featured_media":0,"parent":39052,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-39053","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/39053","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=39053"}],"version-history":[{"count":1,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/39053\/revisions"}],"predecessor-version":[{"id":39058,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/39053\/revisions\/39058"}],"up":[{"embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/pages\/39052"}],"wp:attachment":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/media?parent=39053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}