Lithuania companies

Lithuanian Company Formation

Its corporate tax is 15%, and is one of the lowest in the EU. The state has attracted significant inflows of foreign investment, due to its stable economy, low inflation, low labor costs and liberal business environment. The financial incentives are centered on the 3 Free Economic Zones, including: tax holidays and tax reductions for companies investing over €1 million, no taxes on dividends paid on foreign investments and EU support funds for companies setting up in Klaipeda. The most common types of companies in Lithuania are: Public Limited Liability Company (AB), Private Limited Liability Company (UAB) branch or representative office.

Requirements:

  • Incorporation agreement or act of incorporation
  • Minutes of the foundation meeting

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