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 — all under one engagement, coordinated by a single point of contact.
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.
Company incorporation covers the full range of registration methods — in-person, by power of attorney, subsidiary and branch registration, and purchase of a ready-made company — with timelines from 1–3 business days.
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.
Legal services span corporate, contract, employment, immigration, tax, and compliance law — available as fixed-fee engagements, ongoing retainers, or project-based advisory.

Short answer

Our 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.

Our Service Areas

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.

Company Incorporation

Registering a Lithuanian company is fast — most UABs can be incorporated in 1–3 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.

Purchase of a ready-made company — a pre-registered Lithuanian UAB, immediately available with a clean history
Company registration by visit to Lithuania — in-person registration at the notary and Centre of Registers
Opening a company by power of attorney — remote registration for founders based outside Lithuania
Subsidiary / branch registration — registering a Lithuanian subsidiary of a foreign parent company

Corporate Services

A registered company needs infrastructure to function: a legal registered address, a bank account, corporate documents prepared correctly for Lithuanian law, and — for companies without a local presence — 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.

Virtual office and physical office — registered address in Vilnius; mail handling; physical workspace options
Bank account opening assistance — coordinating with Lithuanian banks and payment institutions; documentation preparation
Corporate documents — articles of association, shareholder resolutions, board minutes, and JAR filings
Recruitment services — finding and placing Lithuanian-based employees for international companies
JADIS system — managing the company's data in the Lithuanian legal entities register
Director services — providing a local director for companies that need a Lithuanian-resident management presence
Shareholder services — corporate secretary function; shareholder register maintenance; meeting management

Accounting Services

Accounting compliance in Lithuania covers bookkeeping under Lithuanian Business Accounting Standards (VAS), monthly VAT returns, payroll and SoDra declarations, quarterly advance CIT payments, and the annual financial statements and CIT return. We provide accounting on a fixed monthly retainer calibrated to the company's transaction volume and complexity — with specialist services for crypto companies, holding structures, and companies undergoing liquidation.

Bookkeeping — monthly transaction recording under VAS; bank reconciliation; accounts payable and receivable
Accounting for crypto companies — specialist accounting for crypto-asset businesses under Lithuanian and IFRS standards
Liquidation services — accounting support during voluntary company winding-up
Financial reporting — management accounts and group consolidation reporting for foreign parent companies
Annual report — preparation and filing of the statutory annual financial statements with the Centre of Registers
Tax compliance and VAT services — VAT return preparation and filing; VMI correspondence; tax planning advisory
Outsourced accounting — fully outsourced finance function for companies without an in-house accountant
Payroll services — payroll calculation, SoDra declarations, employee payslips, and employment tax compliance

Legal Services

Legal services for businesses in Lithuania span the full range of corporate and commercial law — 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.

Contract law — drafting, reviewing, and negotiating commercial contracts; NDA; service agreements; supply contracts
Corporate law — shareholders' agreements; corporate governance; M&A; restructuring; share transfers
Employment law — employment contracts; termination; non-compete; HR disputes; collective agreements
Immigration law — work permits; EU Blue Card; Startup Visa; residence permits; family reunification
Tax law — tax structure advisory; VMI correspondence; transfer pricing documentation; tax dispute support
Compliance — regulatory compliance advisory; AML/KYC frameworks; GDPR; internal policies

Why a Single Provider for All Services

Most international businesses entering Lithuania work with three or four separate providers — 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’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.

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.

Coordination that matters in practice

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 — 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 — all require the legal, accounting, and corporate context to be understood simultaneously).

Services at a Glance

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.

Ready-made company

Pre-registered UAB available immediately; clean history; trading-ready in days

Registration by PoA

Remote company registration by notarised power of attorney; no travel required

Subsidiary registration

Lithuanian subsidiary of a foreign parent; full documentation in English

Virtual office

Registered address in Vilnius; mail handling; meeting rooms on demand

Bank account opening

Coordinating account opening with Lithuanian banks and EMIs

Corporate documents

Shareholder resolutions; board minutes; articles of association; JAR filings

Recruitment services

Finding and placing Lithuanian-based staff for international companies

Bookkeeping

Monthly bookkeeping under VAS; from €250/month (no VAT) or €350/month (VAT)

Payroll services

Payroll calculation; SoDra declarations; payslips; employment tax compliance

Crypto accounting

Specialist accounting for crypto-asset businesses; VASP reporting

VAT services

VAT registration; monthly/quarterly returns; EC declarations; reclaim

Contract law

Commercial contracts; NDAs; service agreements; supply contracts; reviewed in English

Corporate law

SHA; governance; M&A; share transfers; corporate restructuring

Immigration law

Work permits; EU Blue Card; Startup Visa; residence permits; family reunification

Employment law

Employment contracts; termination; non-compete; HR disputes; policies

Compliance

AML/KYC; GDPR; internal policies; regulatory advisory for licensed businesses

The Typical Setup Journey for a New Business in Lithuania

For businesses entering Lithuania for the first time, the services required follow a logical sequence. Understanding the sequence — and the dependencies between steps — prevents the most common delays at setup.

Step	Service	What Happens	Typical Timeline
1	Company Incorporation	UAB registered with Centre of Registers (JAR); articles of association filed; share capital paid	1–3 business days
2	Virtual Office / Registered Address	Legal registered address confirmed before or at incorporation	Same day
3	Bank Account Opening	Company bank account opened with a Lithuanian bank or EMI; minimum capital deposited	3–10 business days after incorporation
4	Accounting Setup	Accounting retainer begins; chart of accounts configured; VAT registration if needed	Week 1–2 after incorporation
5	Employment Contracts	First employment contracts prepared; employees registered with SoDra	Before first employee starts
6	Licences / Permits (if applicable)	Sector-specific licences applied for in parallel with incorporation where possible	Variable by licence type
7	Annual Compliance Cycle	Monthly accounting; quarterly advance CIT; annual report; shareholder meeting	Ongoing

 Start with incorporation — not with licences

A common mistake for businesses entering regulated sectors (financial services, food, transport) is to focus on the licence before the company is registered. Every licence in Lithuania requires a registered Lithuanian entity as the applicant. Company registration takes 1–3 business days and should be the first step — the licence application follows immediately after. We register the company and begin the licence application simultaneously so neither process waits for the other.

Pricing Overview

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 — click through to the relevant supporting page for the full pricing table.

Service	Starting Price	Basis
Ready-made company purchase	€1,500	Fixed fee — includes transfer and JAR update
Company registration by PoA (remote)	€2,000	Fixed fee — government fees extra
Company registration by visit	€1,700	Fixed fee — government fees extra
Subsidiary / branch registration	€2,900	Fixed fee — full legal and registration service
Virtual office — registered address	€400/year	Monthly retainer
Bank account opening assistance	€2,000	Fixed fee per bank engagement
Accounting — no VAT number	From €250/month	Monthly retainer
Accounting — VAT registered	From €350/month	Monthly retainer
Annual financial statements	From €650	Fixed fee per year
VAT registration (resident company)	€800	Fixed fee
Payroll — per employee	€70/month	Per employee per month
Employment contract — standard	€350	Fixed fee
Shareholders’ agreement — standard	€900	Fixed fee
Residence permit application	€2,000	Fixed fee
NDA (English + Lithuanian)	€750	Fixed fee
Legal retainer (ongoing advisory)	On request	Monthly retainer — quoted by scope

Frequently Asked Questions

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 — registered address, bank account assistance, corporate documents — 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.

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 — particularly accounting, payroll, legal advisory, and corporate services — are equally relevant to Lithuanian-founded businesses that want professional support without an in-house finance or legal team.

The legal entity can be registered in 1–3 business days. Full operational readiness — registered address confirmed, bank account open, accounting retainer live, VAT registration submitted, first employment contracts in place — typically takes 2–4 weeks from the start of the process. The main variable is bank account opening, which depends on the bank’s internal onboarding timeline. We manage all workstreams in parallel to minimise the total time to operational readiness.

Yes. All services are provided in English — 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.

Yes — 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 — monthly accounting, payroll, ongoing legal advisory — a retainer is more cost-efficient and ensures continuity. We advise on the most appropriate engagement structure at the initial call.

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 — 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.

The supporting pages for each service area cover the most common services in that area in detail. For services not explicitly listed — unusual corporate structures, highly specialised legal matters, specific regulatory filings — 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.

Ready to get started?

Contact us 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 1–3 business days; accounting and corporate services begin in parallel.