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Types of legal entities in Lithuania
Lithuania is the most advanced and promising Baltic country, where doing business is quite reliable and secure. The most common types of registered companies in the Republic of Lithuania are: private limited liability company, public limited liability company and Individual enterprise (sole proprietorship). Business in Lithuania is regulated by the laws: Civil Code, Joint Stock Companies Act, law on Public Institutions and other legal documents.
The main types oflegal entities in Lithuania (2013)
|
Type of legal entity |
Minimum authorized (share) capital |
Minimum number of shareholders (incorporators) |
Liability |
|
Private limited liability company (Uzdaroji Akcine Bendrove) |
10 thousand Lt. (2900 Euro) |
1 person |
limited liability of shareholders |
|
Public limited liability company (Joint-stock company) – (Akcine Bendrove – АB) |
150 thousand Lt (43 450 Euro) |
1 person |
limited liability of shareholders |
|
Individual enterprise – (sole prorietorship) -(individuali įmonė – IĮ) |
Not established |
single individual |
subsidiary liability (company and the founder) |
|
General partnership (TŪB) |
- |
2-20 people |
unlimited liability |
|
Limited partnership (KŪB) |
- |
3-20 people |
unlimited liability |
|
Agricultural company (ŽŪB) |
- |
2 people |
limited liability |
|
Co-operative enterprise (KB) |
Not established |
5 people |
limited liability |
|
Non-Governmental Organization (VšĮ) |
Not established |
- |
- |
Our company offers immigration services to Europe, specializing in business immigration (Business Investor Residence Permit) and work immigration services. We also provide accounting services and assist with limited company (Ltd) registration. With the assistance of EUROMIG consultants, you can purchase ready-made new limited companies (shelf companies), buy or sell companies or active businesses, and acquire ready-made businesses, among other services.
If you are interested in our services, including company registration, purchasing a company, obtaining a residence permit, or any other related inquiries, please use these links company registration in the European Union, purchasing a company, obtaining a residence permit, for any other inquiries, please:
Reach out to us using the contact form at the bottom of the page.
Contact us via email:
info@euromig.com (Main office)
migration@euromig.com (EN)
as@euromig.com (RU)
Call us at:
Main office (EN/RU): +370 655 45547 (WhatsApp, Telegram)
Business consultant (EN): +370 658 82255 (WhatsApp, Telegram)
Business consultant (RU): +370 679 44266 (WhatsApp, Viber)
Skype euromig.baltic