{"id":587,"date":"2018-07-31T20:20:04","date_gmt":"2018-07-31T20:20:04","guid":{"rendered":"https:\/\/ifa-consulting.com\/?page_id=587"},"modified":"2018-07-31T20:20:04","modified_gmt":"2018-07-31T20:20:04","slug":"lithuania","status":"publish","type":"page","link":"https:\/\/ifa-consulting.com\/en\/services\/european-companies-formation\/lithuania\/","title":{"rendered":"Lithuania"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/h4>\n

Company registration in Lithuania<\/th>\n

<\/th>\n<\/tr>\n
Name of service<\/th>\nPackage<\/p>\n

Standard<\/th>\n

Package<\/p>\n

Full<\/th>\n

Package<\/p>\n

Plus<\/th>\n

Package<\/p>\n

Exclusive<\/th>\n

<\/th>\n<\/tr>\n
Company registration, including the payment of state fees<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n\u00a0 \u00a0 +<\/td>\n<\/tr>\n
Notary Services<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Legal address for 1 year<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Remote opening, including the transfer of power of attorney<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Account in the Lithuanian bank<\/td>\n–<\/td>\n–<\/td>\n+<\/td>\n+<\/td>\n<\/tr>\n
Accounting service for 1 year<\/td>\n–<\/td>\n–<\/td>\n–<\/td>\n+<\/td>\n<\/tr>\n
VAT number<\/td>\non request<\/td>\non request<\/td>\non request<\/td>\non request<\/td>\n<\/tr>\n
Total cost<\/td>\n1040 EUR<\/td>\n1540\u00a0EUR<\/td>\n2040\u00a0EUR<\/td>\n2740\u00a0EUR<\/td>\n<\/tr>\n
Annual service fee<\/td>\n550 EUR<\/td>\n550 EUR<\/td>\n550 EUR<\/td>\n550 EUR<\/td>\n<\/tr>\n
<\/td>\n\n
Order<\/div>\n<\/td>\n
\n
Order<\/div>\n<\/td>\n
\n
Order<\/div>\n<\/td>\n
\n
Order<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Lithuania officially the Republic of Lithuania is a country in northeastern Europe, the biggest of the three Baltic states. Lithuania is bordered by Latvia to the north, Belarus to the southeast, Poland to the south and Russia to the Kaliningrad region belonging to the south-west. 1991st On the 17th September Lithuania became a member of the United Nations. 2004th On the 29th March, Lithuania became the NATO, but the 2004th on the first May – member of European Union. Is in the Schengen zone.<\/p>\n

General information<\/h2>\n

Area \u00a0 –\u00a0\u00a0 65 200 sq. km
\nPopulation\u00a0 –\u00a0\u00a0 3 054 000 people
\nCapital\u00a0\u00a0\u00a0\u00a0\u00a0 – \u00a0 \u00a0 Vilnius
\nOfficial language\u00a0\u00a0\u00a0\u00a0\u00a0 – \u00a0 \u00a0 Lithuanian
\nOfficial currency\u00a0 – \u00a0\u00a0 Lithuanian Litas (LTL)
\nLegal system\u00a0\u00a0 \u00a0 – \u00a0 The constitutional system<\/p>\n

Legal form of company<\/h2>\n

Most common form of legal entity in Lithuania is:
\n– Closed Joint Company (UAB);
\n– Open Joint Stock Company (AB).<\/p>\n

Key specials<\/h2>\n

Lithuania has agreements on exemption from double taxation with following countries:
\nAustria, Azerbaijan, Armenia, Belarus, Belgium, Bulgaria, Great Britain, Hungary, Germany, Georgia, Greece,
\nDenmark, Ireland, Israel, Iceland, Ireland, Italy, Kazakhstan, Canada, China, Korea, Latvia, Luxembourg,
\nMacedonia, Malta, Moldova, Netherlands, Norway, Poland, Portugal, Russia., Romania, Serbia, Singapore,
\nSlovakia, Slovenia, the USA, Turkey, Uzbekistan, Ukraine, Finland, France , Croatia, Czech Republic,
\nSwitzerland, Sweden, Estonia.<\/p>\n

Lithuania have two free economic zones witch attract investors. They are:
\n– Kaunas Free Economic Zone;
\n– Klaipeda Free Economic Zone.
\nThey will be, according to Lithuanian legislation, until 2019.<\/p>\n

Corporate legislation<\/h2>\n

– Commercial Law of Lithuania<\/p>\n

Share capital<\/h2>\n

– Closed Joint Company\u00a0\u00a0 –\u00a0 2\u00a0 900\u00a0 EUR;
\n– Open Joint Stock Company\u00a0 – 43 500 EUR<\/p>\n

Bankaccount opening<\/h2>\n

For Lithuanian Company we offer bank accounts in following countries:
\nLatvia
\nEstonia
\nLithuania
\nSwitzerland
\nCyprus
\nDenmark
\nSt. Vincent and the Grenadines
\nBelize
\nSeychelles
\nTanzania
\nBosnia
\nHong Kong
\nDubai
\nFull list of bank accounts with tariffs you can find\u00a0here<\/a><\/p>\n

The main requirements for directors and shareholder for company (UAB)<\/h2>\n

Legal status \u00a0\u00a0 \u00a0a legal entity
\nFounders, Shareholders – \u00a0\u00a0 minimum one
\nStatus of \u00a0\u00a0 \u00a0private or corporate person
\nResidence\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0can be resident of any country
\nGovernment\u00a0 Management
\nDirectors \u00a0\u00a0 \u00a0minimum one
\nStatus of \u00a0\u00a0 \u00a0private person
\nResidence\u00a0 \u00a0\u00a0\u00a0 \u00a0can be resident of any country
\nSecretary \u00a0\u00a0 \u00a0one (private person)<\/p>\n

The main requirements for shareholder\u00a0 and directors\u00a0 for company (AB)<\/h2>\n

Legal status \u00a0\u00a0 \u00a0a legal entity
\nFounders, Shareholders \u00a0\u00a0\u00a0 – unlimited
\nStatus of \u00a0\u00a0 \u00a0private or corporate person
\nResidence\u00a0\u00a0 \u00a0\u00a0\u00a0 \u00a0can be resident of any\u00a0 country
\nGovernment\u00a0 Management \u00a0\u00a0 \u00a0Meeting of shareholders
\nDirectors \u00a0\u00a0 \u00a0one
\nStatus of \u00a0\u00a0 \u00a0private person
\nResidence\u00a0 \u00a0\u00a0\u00a0 \u00a0can be resident of any EU country
\nSecretary \u00a0\u00a0 \u00a0one (private person)
\n* The registered office and address must be in Lithuania
\n** Information about directors, shareholder kept in a register.<\/p>\n

Taxation<\/h2>\n

– Income Tax\u00a0 –\u00a0 20%;
\n– Value Added Tax – 21%
\n– The tax on dividends is: received (for foreign residents) –\u00a0 0% ; interest paid\u00a0 –\u00a0 0%; 15 % –\u00a0 If they were paid in the European Economic Area,
\nPaid royalties – \u00a0 0%<\/p>\n

Accounting<\/h2>\n

– The annual audit;
\n– VAT returns once a year;
\n– The financial statements and balance sheet to be submitted every year;
\nAccounting tariffs you can see\u00a0here<\/a><\/p>\n

Opening information on beneficiaries to government authorities<\/h2>\n

Not disclosed<\/p>\n

Timeframes<\/h2>\n

New Company registration takes from 1 day.
\nShelf companies are available.
\nFor more information, please\u00a0contact us.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Company registration in Lithuania Name of service Package Standard Package Full Package Plus Package Exclusive Company registration, including the payment of state fees + + + \u00a0 \u00a0 + Notary Services + + + + Legal address for 1 year + + + + Remote opening, including the transfer of power of attorney – +…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":529,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/587"}],"collection":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/comments?post=587"}],"version-history":[{"count":1,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/587\/revisions"}],"predecessor-version":[{"id":588,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/587\/revisions\/588"}],"up":[{"embeddable":true,"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/pages\/529"}],"wp:attachment":[{"href":"https:\/\/ifa-consulting.com\/en\/wp-json\/wp\/v2\/media?parent=587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}