Being the biggest of the Baltic States, Lithuania is flooded with economic benevolences, hence becoming a new ice candy for prospective immigrants. Natural is to attract foreign direct investment options too. Principal applicant can aim for either of the following business entries:
- Public limited company (AB)
- Private limited company (UAB)
- Third way is to opt for a representative or a branch office
Know about banking options in Lithuania: Banks of Lithuania play a critical role, offering standard services like foreign exchange and international payment options, hence playing their role in the company formation in Lithuania. An overseas applicant won’t face any hindrance in commencing a company in Lithuania, ensuring ample assistance from various financial options of Lithuania. Further, there are NO foreign exchange restrictions.
Please note that it is vital to open a bank account for applicants intending to open a company in Lithuania. Further aspects like constant economy, stumpy inflation, small labor costs and a soothing ambiance for the flourishing of business add more feathers in the cap of Lithuania, attracting foreign capital from all over the globe.
Applicants would be requiring perfect arrangement of pre-requisite documents to register a private limited company in Lithuania. The list include proof of an account in Lithuanian bank, minutes of the founding meeting, proof to show the act of incorporation/agreement and the company’s articles of association.
Contact [email protected] for more information on “company formation in Lithuania” along with Lithuanian immigration application process.