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Republic of Lithuania
TKEG Expat ™ (EU) Business Guide

Republic of Lithuania

Corporate Services in Lithuania

  • Simple establishment process

    Although some business owners may still choose to submit documents to national institutions in person to create a company, there is another clearly more effective way. In order to simplify the process and make it easier to obtain, Lithuania is offering a very convenient and reliable digital registration platform. The cost of establishing a company online has been greatly reduced, requiring only an electronic signature to verify identity and legal commitments.

  • Lowering the threshold for immigration requirements

    According to Lithuanian law, investing in a company in Lithuania is a valid reason for immigration and residence in the country for foreign citizens. This decision is made to encourage investment in business and has attracted many foreigners to reside here based on legal activities. Foreigners have the right to join the management of a legal entity already established in Lithuania (becoming shareholders of the company) or to establish a new legal entity.

  • Simple management

    A Lithuanian company can be established with 100% foreign ownership. Its management board must have at least one board member, who can also be a foreigner.

  • Self-declaration of value-added tax

    Since the tax reform in July 2021, all e-commerce companies registered outside the European Union need to have platforms like Amazon declare value-added tax on their behalf. Registering a Lithuanian company allows you to self-declare value-added tax, reducing the tax payable.

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If you represent a big corporation, or if your company already has more than $10 million USD in revenue, you may be interested in the enterprise solutions provided by THE KEITH &EVEN GROUP.

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TKEG Expat ™ (EU) provides overseas company incorporation, bank account opening, and tax advisory service.
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