Business Services in Lithuania

AT A GLANCE

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.

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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.

Incorporation routes:

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.

Corporate services we provide:

  • 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 — 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.
  • 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 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.

  • 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 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 — 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.
  • 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 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.

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 Assistance with opening the company’s operational bank or payment account, subject to the provider’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. The timeline depends on the account provider and the documentation required.
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 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 Ongoing
Start with incorporation — not with licences
Businesses 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.

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 EUR 400 per year Annual service fee, subject to the agreed scope and renewal terms.
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

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.

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Company in Lithuania UAB partners

Company in Lithuania UAB collaborates with a network of trusted partners across legal, financial, accounting, and business consulting sectors. Our strategic partnerships enable us to provide clients with end-to-end solutions for company registration, tax advisory, banking setup, and beyond — all under one roof, right here in Lithuania.

Strongest in Lithuania
Strongest in Lithuania
Strongest in Lithuania 2023
2024
2025

Company in Lithuania UAB has been recognised as one of Lithuania’s most trusted business services firms. Based on the independent economic data of 2025, we have been awarded the Strongest in Lithuania designation for four consecutive years — a testament to our financial stability, professional credibility, and the trust that our clients place in us.

We contribute to a transparent, well-functioning business environment in the Lithuanian Republic — and we bring that same standard of integrity to every client engagement.

Ready to start your business in Lithuania?Contact our team today for a personalized consultation. We are here to make the process simple, fast and hassle-free.Contact us
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