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How to Start a Business in Lithuania in 2025
By ALTAJIR Team 15 Mar 2025 Business Setup

How to Start a Business in Lithuania in 2025

Lithuania has emerged as one of the most attractive destinations for business formation in Europe. With its strategic location, EU membership, and straightforward registration process, it's no wonder entrepreneurs from around the world are choosing Lithuania as their business hub.

Why Choose Lithuania?

Lithuania offers a competitive corporate tax rate of 15%, a highly educated workforce, and one of the fastest company registration processes in the EU — often completed in just 1-3 business days.

Step-by-Step Process

  1. Choose Your Company Type — The most common is UAB (private limited company), requiring a minimum share capital of €2,500.
  2. Reserve Your Company Name — Check availability through the Register of Legal Entities.
  3. Prepare Documents — Memorandum of Association, Articles of Incorporation, and director identification.
  4. Open a Bank Account — Required before or shortly after registration.
  5. Register with Tax Authorities — Register for VAT if annual turnover exceeds €45,000.

How We Help

At Global ALTAJIR, we handle the entire process from name reservation to final registration. Our team of experts ensures your business is set up correctly and efficiently, without the stress of navigating Lithuanian bureaucracy.

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