Company Registration in Lithuania

Companies with up to €300,000 annual revenue may qualify for 0% corporate income tax for the first two years, subject to certain conditions. After that, a reduced 7% rate applies. If annual revenue exceeds €300,000, the standard corporate tax rate of 17% applies. VAT registration becomes mandatory once your annual turnover exceeds €45,000, but you can also register voluntarily earlier.

Yes. Company owners and employees may qualify for a Temporary Residence Permit (TRP) based on business activity or employment in Lithuania. However, certain conditions apply. The company must be actively operating for at least 6 months, carry out real business activity, and meet capital requirements. Typically, the company’s equity should be at least €28,000, with at least €14,000 paid-in share capital.

No. Foreigners can fully own and manage a company in Lithuania without being residents.

You will need to provide a passport or ID copy, preferred company name, business activity description, and shareholder details. We take care of preparing all required legal documents and handle the full registration process on your behalf.

Yes. Once VAT registered, your company will appear in the EU VIES database.

Yes. An MB can be converted into a UAB as your business grows.