About Lithuania
Lithuania offers the fastest company registration in the EU, a competitive 15% corporate tax rate, a highly skilled tech workforce, and a thriving fintech ecosystem with EU banking passporting.
Remotely Process Your Purchase VAT number for Lithuania UAB company
Unlock business opportunities with the Lithuania Shelf Company service, offering a seamless path to owning a company in Lithuania. This service includes the purchase of a shell company in Lithuania, covering essential government and notary lawyer fees. Our package ensures a smooth transition with background investigation fees for the ultimate beneficiary and provides a power of attorney (PoA) for remote registration. Enjoy one year of registered address hosting, catering exclusively to government mail, ensuring your company stays compliant. Lithuania is a strategic choice for limited liability company formations, boasting a favorable tax environment and streamlined VAT registration. Whether you're buying a ready-made company or exploring the benefits of aged shelf companies, this service simplifies your entry into the Lithuanian market. Make an informed decision to buy with confidence, supported by basic information and expert guidance on state fees and share capital requirements. Please contact us to start your journey in the dynamic world of Lithuanian companies.
Service Included
-
- Purchase of a shell company in Lithuania for the client;
- Lithuanian government fees related to the purchase of the shell company;
- Notary lawyer fees in Lithuania related to the purchase of the shell company (excluding the client's required document certification, such as the client's own lawyer authorization certification);
- Background investigation fees for the ultimate beneficiary;
- A power of attorney (PoA) for remote registration of a Lithuanian company;
- One year of registered address hosting (excluding mail reception, only government mail).
Number of services already included in this product: 0.00
Ownership
Consolidated Ownership
Limited Liability
Positive
Publicly Participates In Capital Market
Negative
Requirements For Shareholders
At least one
Requirements For Directors
At least one
Legal Representative Not Mandatory
Negative
Local Directors Not Mandatory
Positive
Local Secretaries Not Mandatory
Positive
Minimum Registered Capital Requirement
1. Starting from 2500 euros.
Capital Injection Not Required
Negative
Capital Injection Requirement
The share capital of 2 500 EUR deposit is required in order to incorporate a UAB in Lithuania.
Memo
N/A
Document Requirement
We Need These To Help You With Purchase VAT number for Lithuania UAB company
TKEG Expat ™ (Malta) aims to provide the most accurate and up-to-date information to our clients. Please use this "Document Requirement Table" to determine which documents you will need to submit to fulfill the product requirements. Please note, the requirements of document can change depending on your case.
Natural Person Shareholders & Directors's Required Documents
Proof of Address
Shareholder and director's address proof: Scan of utility bills or bank statements. It needs to be translated into English, and the document must clearly indicate the name, address, and date of the shareholder/director, and should not be more than 1 month old.
Document Process: Not Applicable
Document Format: Scan Copy
Power of Attorney
Yi Zi Global provides a lawyer's power of attorney, and the client needs to proceed with English notarization + Apostille on their own.
Document Process: Apostille
Document Format: Scan Copy
Passport
Scan of the passport information page of shareholders and directors. Online identity verification is required (Yi Zi will provide guidance).
Document Process: Not Applicable
Document Format: Scan Copy
Frequently Asked Questions
The Lithuanian government does not impose any nationality or identity restrictions on foreigners registering Lithuanian companies and does not require EU residency as a nominee director.
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.
General CIT Rate
17
CIT Return Due Date
Before the 15th day of the sixth month in the next tax period.
CIT Payment Due Date
Before the 15th day of the sixth month in the next tax period.
CIT Estimated Payment Due Date
Prepaid CIT must be paid before the 15th of the last month of the corresponding quarter.
Resident Withholding Tax (Dividend/Interest/Royalty)
0/0/0
None-Resident Withholding Tax (Dividend/Interest/Royalty)
17/10/10
General VAT Rate
21
General Capital Gain Tax Rate
Capital gains are constrained by the normal corporate income tax rate.
Composite Effective Average Tax Rate
13.67%
Composite Effective Marginal Tax Rate
7.25%
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