Lithuania_Europe_Shanghai CHYIELD Enterprise Consulting Co., Ltd.

GLOBAL REGISTRATION

Lithuania

Advantages of Registering a Company in Lithuania

1. Low tax rate: The 15% corporate income tax attracts numerous enterprises for company registration.

2. High digitalization level: The registration procedure is straightforward and mostly completed online, saving time and costs.

3. EU Member State: It benefits from preferential access to the EU market and facilitates cross‑border business operations.

4. Favorable geographical location: Situated in the heart of Europe, it connects Eastern and Western Europe as well as the Baltic region, enabling convenient logistics and trade.

5. Stable politics and economy: It features a sound legal system and a reliable business environment.

REQUIREMENTS

COMPANY TYPE

MATERIALS

Serial

Name

Details

Shareholders and Directors

At least one shareholder (shareholders may be natural persons or corporate entities, with no nationality restrictions); at least one director (no nationality restrictions).

Registered Capital

The minimum registered capital is EUR 2,500, which shall be fully paid‑in prior to company registration. The funds may be deposited in a temporary bank account or held in escrow by a notary public.

Business Scope

Full details of the company’s business scope in Lithuania shall be provided for the assignment of corresponding NACE activity codes.

Registered Address

A registered address in Lithuania is mandatory for company incorporation. Our firm can provide registered address hosting service.

Serial

Name

Details

UAB (Private Limited Liability Company)

It is the most prevalent company type in Lithuania and suitable for the majority of enterprises.

At least one director and one shareholder are required. There is no statutory minimum registered capital, though an amount above EUR 2,500 is commonly adopted.

The company name must be unique and comply with Lithuanian naming regulations. The articles of association shall be prepared and submitted for registration.

AB (Public Limited Liability Company)

It applies to large‑scale enterprises intending to publicly issue shares. At least one director and two shareholders are required, with a minimum registered capital of EUR 40,000.

The company name must be unique and comply with Lithuanian naming regulations. The articles of association shall be prepared and submitted for registration.

MB (Small Partnership)

It is applicable to small‑scale enterprises or cooperatives and may consist of one or more partners.

There is no minimum registered capital requirement, yet each partner’s capital contribution shall be specified upon company establishment.

The company name must be unique and comply with Lithuanian naming regulations. The articles of association shall be prepared and submitted for registration.

Serial

Name

Details

Information Collection Form

Power of Attorney

Individual Shareholder

Clear and complete scanned copy of passport;

Proof of address (utility bills for water, electricity or gas within the last 3 months, or bank / credit card statements showing the address, together with their English translations)

Corporate Shareholder

Business license and articles of association of the corporate shareholder (English translations shall be provided if the documents are in Chinese);

Clear scanned copies of the legal representative / director of the corporate shareholder and their proof of address (water, electricity or gas utility bills within the latest 3 months, or bank / credit‑card statements displaying the address, together with corresponding English translations);

Complete equity structure chart of the proposed company to be incorporated;

Clear and complete scanned passport copy and proof of address of the ultimate beneficial owner (water, electricity or gas utility bills within the latest 3 months, or bank / credit‑card statements displaying the address, together with corresponding English translations)

Director of the Lithuanian‑registered company

Clear and complete scanned passport copy; proof of address (utility bills for water, electricity or gas issued within the past 3 months, or bank / credit‑card statements showing the residential address, together with their English translations)

Notes

All the above‑mentioned documents, except for the proof of address and equity structure chart, shall undergo Hague apostille.

REGISTRATION PROCESS

1

The client completes the information collection form and submits relevant documents.
2

Company name approval
3

Draft the Power of Attorney (POA)
4

Arrange Hague‑apostilled copies for the Power of Attorney and other documents.
5

Register with the Register of Legal Entities
6

Tax registration
7

Corporate bank account opening