Buying a Car Through Your Lithuanian Company: Accounting and Tax Treatment
Learn how Lithuania treats company car purchases, including CO₂-based tax deductions, VAT recovery, running costs and private use.
Read MoreBanking in Lithuania
Fast, secure, and hassle-free bank account setup for your Lithuanian company.
Get AssistanceOverview
Opening a bank account in Lithuania is an essential step after company registration. Most international clients choose digital banks like Revolut or Wise for fast remote setup, while traditional Lithuanian banks are also available with in-person visits. We guide you through the entire process to ensure smooth approval.
For most international clients, digital banks are the fastest and most efficient solution for your business banking needs. But because every situation is different, we assist with selecting the best option and guide you through the entire process step by step.
What You Need
To open a bank account, you typically need:
Step By Step
We’re Here to Help
We help you choose the most suitable banking solution and guide you through the entire process — from application to approval.
Most of our clients successfully open their accounts within a few days with our guidance.
FAQ
Everything you need to know about forming a company in Lithuania.
Yes. In many cases, digital banking solutions such as Revolut Business or Wise allow remote onboarding without travelling to Lithuania. Traditional banks may require an in-person visit.
Testimonials
Get in Touch
Ready to register your company in Lithuania? Contact us today — we'll walk you through every step and answer all your questions, at no cost.
Call us
+370 (605) 142 08
Email us
Domantas@balticincorp.com
Message us on WhatsApp
Telegram
@DomantasR
Response within 24 hours
For faster responses, use WhatsApp or Telegram. We typically reply within minutes during business hours.
We'll get back to you within 24 hours. For a faster response, reach us on WhatsApp.
Help & Advice Centre
Learn how Lithuania treats company car purchases, including CO₂-based tax deductions, VAT recovery, running costs and private use.
Read More
How Lithuania taxes employee bonuses, gifts, health insurance and private use of company cars in 2026, with a clear example and payroll tips.
Read More
Selling online from Lithuania? Learn when OSS or IOSS applies, how the €10,000 and €150 rules work, and what to report to VMI.
Read More
First hire in Lithuania? Learn the 1-SD deadline, 2026 salary taxes, employer contributions, and monthly Sodra and VMI reports.
Read More
Learn when Lithuanian companies should apply reverse charge to EU business invoices, what details to include and which VAT registration rules apply.
Read More
Buying Google Ads, Meta Ads or foreign software? Learn when Lithuanian companies must register for VAT, how SVS works and when reverse-charge VAT applies.
Read More