Management Services Agreement Between a Small Partnership (MB) and Its Manager: What You Need to Know
Discover when an MB manager needs a service agreement, how taxation works, common mistakes, and legal requirements.
Read MoreThe Cookie Policy explains how MB “Start Business LT” uses cookies and similar tracking technologies on our website.
We are transparent about what we collect and why.
For questions about how personal data is handled more broadly, please refer to our GDPR & Privacy Policy.
This Cookie Policy explains how MB “Start Business LT” (“we”, “us”, “our”) uses cookies and similar technologies on www.balticincorp.com (“Site”).
We are committed to protecting your privacy and ensuring transparency about how your data is collected and used.
By using our Site, you agree to the use of cookies as described in this Policy. You can manage or withdraw your consent at any time.
Cookies are small text files stored on your device (computer, tablet, or mobile) when you visit a website.
They help websites:
• Function properly
• Improve user experience
• Analyze traffic and behavior
• Deliver relevant advertisements
3.1 Strictly Necessary Cookies
These cookies are essential for the operation of our website. They allow you to:
• Navigate the site
• Use secure areas
• Submit forms
These cookies do not require your consent.
3.2 Analytics Cookies
These cookies help us understand how visitors use our website. We use tools such as:
• Google Analytics
These cookies collect data such as:
• Pages visited
• Time spent on the site
• Traffic sources
All data is anonymized and used only for improvement purposes.
3.3 Marketing Cookies
These cookies are used to:
• Show relevant ads
• Track user behavior across websites
• Measure advertising performance
We may use:
• Meta / Facebook pixel
• Google Ads
3.4 Functional Cookies
These cookies remember your preferences for returning visits:
• Preferences
• Language settings
• Form inputs
Cookies may collect:
• IP address
• Browser type
• Device information
• Location (approximate)
• Website usage behavior
This data does not directly identify you unless combined with other data.
We use cookies to:
• Ensure proper website functionality
• Improve performance and usability
• Analyze user behavior
• Show personalized marketing
Some cookies are set by third parties, including:
• Google (analytics, ads)
• Meta / Facebook (pixel)
• Other marketing or tracking tools
These providers have their own privacy policies and control their own cookies.
7.1 Cookie Banner
When you first visit our website, you will be asked to:
• Accept all cookies
• Reject non-essential cookies
• Customize your preferences
7.2 Browser Settings
You can disable cookies in your browser:
• Chrome
• Safari
• Firefox
• Edge
Note: disabling cookies may affect website functionality.
7.3 Block Cookies
You can block cookies at any time through your browser settings.
We take appropriate measures to protect your data:
• Secure storage systems
• Limited access
• Trusted third-party providers
Some data may be processed outside the EU, but we ensure proper safeguards.
We use cookies based on:
• Consent (for analytics and marketing cookies)
• Legitimate interest (for essential website functionality)
You can withdraw consent at any time.
Under GDPR, you have the right to:
• Access your data
• Request deletion
• Restrict processing
• Withdraw consent
If you have concerns, you may contact the Lithuanian Data Protection Authority (VDAI).
We may update this Cookie Policy from time to time.
The latest version will always be published on our website.
If you have any questions about this Cookie Policy:
MB “Start Business LT”
Senojo turgaus g. 13, Palanga, Lithuania
Email: info@balticincorp.com
Website: www.balticincorp.com
Discover when an MB manager needs a service agreement, how taxation works, common mistakes, and legal requirements.
Read More
Learn the differences between MB, UAB, Public Institution, and Association structures to choose the right legal entity for your company.
Read More
Lithuania introduces new corporate income tax changes from 2026, including 0% tax for new companies and updated 7% and 17% tax rates.
Read More
Learn how to get a Lithuanian Temporary Residence Permit through a company. Discover the activities rules, €28,000 capital requirement, TRP process.
Read More
Discover all types of companies in Lithuania — UAB, MB, VsI and more. Compare legal structures, costs, and tax rules to choose the right one for you
Read More
The most important information for people who already decided to open a company in Lithuania and left only with one question - which company form to choose.
Read More