Build your business future in Europe

Yes, foreigners can open a company in Lithuania. Both EU and non-EU citizens are allowed to register a business remotely, as long as they provide valid identification and required legal documentation. Lithuania welcomes international entrepreneurs and has one of the fastest online registration systems in the EU.

Yes, every company registered in Lithuania must have a business bank account to operate legally and handle payments. VAT registration becomes mandatory when annual turnover exceeds €45,000, but many foreign-owned companies choose to register voluntarily for tax advantages and credibility when trading within the EU. IN IURE assists with VAT registration, accounting setup, and bank account opening to ensure full compliance from the first day of operations.

The two main types of companies in Lithuania are UAB (Private Limited Liability Company) and MB (Small Partnership). Most international clients choose a UAB, as it offers limited liability, growth flexibility, and easy share transfer. However, an MB may be a better fit for freelancers or consultants working independently. During consultation, IN IURE experts assess your goals, business size, and tax needs to recommend the best legal structure.

Yes, you can register and manage a Lithuanian company entirely remotely without visiting the country. Our legal team prepares all incorporation documents, represents you before state authorities, and assists with bank account setup. Many of our clients from South Africa, the UK, and the US successfully manage their Lithuanian businesses from abroad while benefiting from EU market access and competitive tax rates. The incorporation process usually takes 3–5 working days after all documents are signed.

The total cost depends on your company’s type, ownership structure, and additional services such as VAT registration or banking assistance. Before starting, IN IURE provides a clear and transparent cost breakdown with no hidden fees. Our goal is to make incorporation predictable and cost-efficient, so you always know exactly what’s included.