{"id":29918,"date":"2022-09-19T11:18:42","date_gmt":"2022-09-19T08:18:42","guid":{"rendered":"https:\/\/tet.lt\/?p=29918"},"modified":"2026-10-09T15:39:41","modified_gmt":"2026-10-09T12:39:41","slug":"how-to-open-it-company-in-lithuania","status":"publish","type":"post","link":"https:\/\/tet.lt\/lt\/blog\/how-to-open-it-company-in-lithuania\/","title":{"rendered":"Kaip atidaryti IT \u012fmon\u0119 Lietuvoje?"},"content":{"rendered":"<section class=\"l-section wpb_row height_auto\"><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\"><div class=\"wpb_wrapper\"><h1 style=\"text-align: center;\">Kaip atidaryti IT \u012fmon\u0119 Lietuvoje?<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"goldbg alignleft wp-image-29919 size-medium\" src=\"https:\/\/tet.lt\/wp-content\/uploads\/How-to-open-IT-company-in-Lithuania.svg\" alt=\"Kaip atidaryti IT \u012fmon\u0119 Lietuvoje?\" width=\"300\" height=\"300\" \/>With the growth of the digital economy, Lithuania has quickly established itself as an international hub for IT talents, attracting both local and global startups from around the world. Lithuania is a center of advanced technologies in the field of IT solutions, software development, solutions based on artificial intelligence (AI), FinTech, and GovTech. Lithuania&#8217;s IT industry is well known for its high-quality and well-developed infrastructure, active ambitious young talents and promising technology companies.<\/p>\n<p>Lithuania has the largest IT industry in the Baltic States with outstanding potential for both local and foreign expanding enterprises. A growing variety of companies in the IT sector offers fintech, game dev, AI, data storage, EdTech, and cybersecurity solutions. The Lithuanian government supports innovations in the IT sector.<\/p>\n<h2 style=\"text-align: center;\">Electronic guides \u2013 help for business start-ups in Lithuania<\/h2>\n<p>In Lithuania, there are also electronic guides for those who are starting or have recently started a business, electronic guides working on the question-answer principle. Based on the information provided by you, the e-guide will form a list of electronic services required for your business and provide information about the necessary permits or requirements for your business.<\/p>\n<ul>\n<li><a href=\"https:\/\/kc.inovacijuagentura.lt\/pradek-versla\/start-business\/starting-and-running-a-business.html?lang=en\" target=\"_blank\" rel=\"noopener\"><strong>Choosing a business form<\/strong><\/a> \u2013 after completing this e-guide, you will be provided with basic information about the business form that is suitable for you and its buildup.<\/li>\n<\/ul>\n<h2 style=\"text-align: center;\">Comparison of organizational and legal forms of business in Lithuania<\/h2>\n<p>In order to start a business in Lithuania, you need to legalize the business, that is, to register the appropriate form of doing business. IT services in Lithuania can be provided with a certificate of self-employment (independently) or after the establishment of a legal entity (after the <a href=\"https:\/\/tet.lt\/lt\/imones-steigimas-lietuvoje\/\"><strong>registration of a company<\/strong><\/a>). A self-employment certificate is issued at the Tax Inspectorate (VMI) free of charge. The income is taxed after the end of the fiscal year for the previous calendar year.<\/p>\n<p>To compare different forms of business in Lithuania, the following 3 elements are usually distinguished: The level of responsibility, the possibility to easily involve family members or other partners in their activities and the possibility of paying money.<\/p>\n<p>Currently, the most popular forms of business in Lithuania are a small business (MB) and a closed joint stock company (UAB). It should be noted that individual enterprise (I\u012e) is the only form of business in which the owner of the company is liable to the extent of his or her personal property. The buildup of individual entrepreneurship (I\u012e) is recommended if the business is an individual business, designed for 1 person, and the chosen type of activity is risk-free. If the business fails, the owner of the individual enterprise (I\u012e) will have to be personally liable for the unfulfilled obligations of the company.<\/p>\n<h2 style=\"text-align: center;\">MB ar UAB?<\/h2>\n<p>One of the main advantages of establishing a Small Partnership (MB) is that Lithuanian law does not prescribe a minimum share capital requirement. However, MB members must make contributions in accordance with the arrangements established by the members. By comparison, a private limited liability company (UAB) requires minimum authorised share capital of EUR 1,000. Both of these legal entities have limited liability, which means that companies are liable for their debts and obligations with the company&#8217;s property, and not with personal assets or property. One of the advantages of a small business (MB) is the possibility to attract family members, business partners to MB without hiring them. Members of a Lithuanian Small Partnership (MB) do not enter into employment contracts with the MB. However, they may receive payments under civil service agreements, subject to statutory restrictions, or withdraw funds for personal needs and receive distributed profits in accordance with applicable legislation. Where an MB has an appointed manager, the management relationship is generally governed by a civil service agreement. The tax and social security treatment depends on the legal basis and nature of each payment. It is not difficult to involve partners in business \u2013 unlike UAB, where transactions for the transfer (sale or donation) of shares must be carried out, which often have to be notarized, when selling 25% or more of the shares owned, for example. An MB offers different mechanisms for remunerating its members, including payments under civil service agreements, withdrawals for personal needs and profit distributions, subject to applicable statutory requirements. A UAB may remunerate employees and directors through employment-related payments and distribute dividends to shareholders. Lithuanian law also permits interim dividends where the statutory financial, corporate approval and solvency requirements are satisfied, meaning that dividends are not necessarily limited to distributions following the end of the financial year. Meanwhile, a small business can pay participants the remuneration due to them through funds for personal needs, through an advance profit, and the head can additionally withdraw funds for services rendered.<\/p>\n<p>UAB is a globally accepted form of business that is easily recognized by entrepreneurs abroad. If there are larger plans to attract investments in the future, then it is better to <a href=\"https:\/\/tet.lt\/lt\/imones-steigimas-lietuvoje\/\"><strong>register a company<\/strong><\/a> in the appropriate UAB form.<\/p>\n<p><strong>B2Lithuania<\/strong> (<a href=\"https:\/\/b2l.enterpriselithuania.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Enterprise Lithuania<\/strong><\/a>) is a platform designed for companies looking for a reliable partner in Lithuania. Here you can find detailed information about Lithuanian manufacturers and service providers from various business sectors. Establishing a new contact has never been so easy, since you can directly contact a potential partner, organize a video meeting or put forward a public request. It&#8217;s all free of charge. The B2 Lithuania platform is full of companies of both organizational and legal forms.<\/p>\n<p>To search for business partners, you can also try the database of foreign partners in<a href=\"https:\/\/kc.inovacijuagentura.lt\/eksportuok\/eksportuok\/uzsienio-partneriu-paieskos-duomenu-baze-orbis.html?lang=en\" target=\"_blank\" rel=\"noopener\"><strong> Orbis<\/strong><\/a>.<\/p>\n<h2 style=\"text-align: center;\">Advantages of Lithuania as a country for starting an IT business<\/h2>\n<p>Startups are supported at the state level, and the state is actively involved in opening and running a business.<\/p>\n<ul>\n<li>The infrastructure is well-developed. For example, office rental prices are lower than in other European countries, and the state is also engaged in the construction of new offices for business.<\/li>\n<\/ul>\n<ul>\n<li>Lithuania is home to many highly qualified specialists in all areas of IT. These are not only Lithuanians, but also immigrants from other CIS countries and Europeans. Plus, the government is interested in attracting new personnel from abroad and is making every effort to do this.<\/li>\n<\/ul>\n<ul>\n<li>Lithuania offers access to qualified IT professionals, including software developers, cybersecurity specialists, data engineers and technology project managers. However, remuneration depends on professional qualifications, experience and market conditions. Employers must comply with Lithuanian minimum wage legislation, employment regulations, social security contribution requirements and applicable immigration rules when hiring foreign specialists. IT salaries may be competitive compared with certain Western European markets, but Lithuania should not be characterised as a uniformly low-wage jurisdiction.<\/li>\n<\/ul>\n<ul>\n<li>Lithuanian is the official language of Lithuania, while English is widely used in the technology sector and international business. Foreign entrepreneurs are not generally required to speak Lithuanian to establish a company. However, official registration documents, employment documentation and communications with public authorities may be subject to Lithuanian language requirements. Translation or local professional assistance may therefore be necessary during incorporation and subsequent business operations.<\/li>\n<\/ul>\n<ul>\n<li>Business in Lithuania is easy access to European clients. The state supports those who use Lithuania as a springboard to enter the European market.<\/li>\n<\/ul>\n<h2 style=\"text-align: center;\">Steps for opening an IT company in Lithuania<\/h2>\n<h3>Step 1. Choosing the form of ownership.<\/h3>\n<p>Lithuanian legislation provides several legal forms for conducting business, including a private limited liability company (UAB), public limited liability company (AB), Small Partnership (MB), individual enterprise (I\u012e), general partnership (T\u016aB) and limited partnership (K\u016aB). Foreign founders most commonly consider a UAB or, where eligible, an MB, depending on the proposed ownership structure, capital requirements, governance arrangements and business objectives.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols via_flex valign_top type_default\"><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><ul>\n<li>Limited liability company<\/li>\n<li>Joint-stock company<\/li>\n<li>Full partnership<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><ul>\n<li>Limited liability partnership<\/li>\n<li>Sole ownership<\/li>\n<li>Individuali \u012fmon\u0117<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_auto\"><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\"><div class=\"wpb_wrapper\"><p>The choice of form depends on the size and goals of the enterprise.<\/p>\n<p>For most IT startups and privately owned technology businesses in Lithuania, a private limited liability company (UAB) is generally the most suitable legal form, with minimum authorised share capital of EUR 1,000. A public limited liability company (AB) requires minimum share capital of EUR 25,000 and may be appropriate for businesses intending to raise capital through public offerings of shares, subject to applicable securities regulations. An AB is not generally necessary for establishing or operating an IT company.<\/p>\n<p>The Full partnership and Limited liability partnership forms are not suitable for corporations.<\/p>\n<p>LLC is a universal form for corporate and private business. It implies drawing up a contract that lists the rights and obligations of the owner or partners.<\/p>\n<h3>Step 2. We turn for help to the state structures of Lithuania<\/h3>\n<p>Two organizations existing at the state level \u2013 <strong><a href=\"https:\/\/www.enterpriselithuania.com\/en\" target=\"_blank\" rel=\"noopener\">Enterprise Lithuania<\/a><\/strong> ir <a href=\"https:\/\/investlithuania.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Invest Lithuania<\/strong><\/a> will help to provide support at the stage of preparation for a personal visit to Lithuania.<\/p>\n<p>You can even contact them on the Internet \u2014 using a special form.<\/p>\n<p>You can find the information about drawing up the right business plan, about permits and licenses necessary for doing business, about sources of financing and much more.<\/p>\n<p>Lithuania&#8217;s Innovation Agency (Inovacij\u0173 agent\u016bra), which incorporated the functions of the former Enterprise Lithuania, provides support for startups, small and medium-sized enterprises, innovation projects and international business development. Its services include business consultations, entrepreneurship support, innovation programmes and export development initiatives.<\/p>\n<p><strong>Invest Lithuania<\/strong> is focused on ready-made businesses and the opening of Lithuanian branches of existing companies.<\/p>\n<p>The specialists of <strong class=\"golden\">Company in Lithuania UAB<\/strong> will be happy to help you with the opening of an IT company in Lithuania.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>","protected":false},"excerpt":{"rendered":"How to Open IT Company in Lithuania? With the growth of the digital economy, Lithuania has quickly established itself as an international hub for IT talents, attracting both local and global startups from around the world. Lithuania is a center of advanced technologies in the field of IT solutions, software development, solutions based on artificial...","protected":false},"author":1,"featured_media":29919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-29918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorised","tag-register-company"],"acf":[],"_links":{"self":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/posts\/29918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/types\/post"}],"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=29918"}],"version-history":[{"count":8,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/posts\/29918\/revisions"}],"predecessor-version":[{"id":32588,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/posts\/29918\/revisions\/32588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/media\/29919"}],"wp:attachment":[{"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/media?parent=29918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/categories?post=29918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tet.lt\/lt\/wp-json\/wp\/v2\/tags?post=29918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}