Company Formation in Lithuania

Key Facts About Lithuanian Company Setup

What you should know before incorporation – a brief overview of the core legal and structural aspects to consider when registering a Lithuanian company.

Taken together, these elements form the essential legal foundation of company formation in Lithuania, with the exact requirements shaped by the chosen incorporation route.

Register a Company in Lithuania with Confidence

Lithuania is a well-established EU jurisdiction for entrepreneurs planning to structure and operate a business within the European market. The most common corporate form is a UAB (private limited liability company), widely used for SMEs, international trade, technology projects, and service-oriented activities.

The company establishment process is governed by clear statutory rules and typically involves notarisation of incorporation documents, formal registration procedures, and the appointment of company management. Depending on individual circumstances, a Lithuanian company may be set up in person, remotely, or through the acquisition of a ready-made company.

This section provides a general overview of the available company setup approaches in Lithuania. Our role is to guide the process from start to finish, ensuring that each step is handled accurately, efficiently, and in full compliance with applicable Lithuanian corporate law.

Why Choose Lithuania for Company Formation?

Lithuania is commonly selected by entrepreneurs seeking a stable and well-structured EU jurisdiction for establishing and operating cross-border business activities. Its legal environment, geographic position, and corporate framework make it suitable for both initial company setup and long-term operational planning.

Taken together, these factors contribute to a jurisdiction where company formation and subsequent operations are governed by clear statutory rules and applied consistently in practice. This predictability reduces regulatory uncertainty and allows businesses to plan incorporation and ongoing activities with confidence.

What Is Included in Our Company Formation Services?

Our services focus on the legal and procedural steps required to establish a company in Lithuania in accordance with applicable corporate regulations. The scope is designed to ensure a structured, compliant, and predictable setup process.

The scope of services covers the incorporation stage and the related legal formalities required to establish a Lithuanian company.

Our assistance includes:

• Initial legal review of the proposed company structure
• Preparation of incorporation and registration documentation
• Coordination of notarisation procedures in Lithuania
• Representation under a power of attorney, where applicable
• Completion of required registration formalities
• Support with the appointment of shareholders and company management

Founders are typically required to provide identification documents and basic information regarding the planned company structure. The exact document list depends on the chosen registration method and individual circumstances.

Each engagement is handled individually, taking into account the business model, ownership structure, and practical setup considerations.

The UAB Company Structure Explained

A UAB (Uždaroji akcinė bendrovė) is the standard form of private limited liability company in Lithuania. It is the most commonly used corporate structure and is suitable for a wide range of commercial, service, and operational activities.

The UAB form is commonly used for operating businesses that require a clear ownership structure and limited liability within the EU legal framework.

General characteristics of a UAB include:

• Limited liability of shareholders
• Clearly defined corporate governance structure
• One or more shareholders permitted
• Director may be appointed locally or from abroad

From a practical perspective, the UAB structure offers a balance between flexibility and legal certainty. The structure allows for changes in ownership and management as the business develops, subject to applicable corporate rules. For this reason, it is frequently selected by international entrepreneurs who require a familiar and widely accepted company format within the European business environment.

Legal and Practical Considerations

Company setup in Lithuania is governed by formal legal procedures that must be followed with accuracy. Incorporation documents are required to be properly prepared, notarised, and registered in accordance with applicable corporate rules. Depending on the chosen setup and business profile, additional considerations may relate to corporate governance arrangements, compliance obligations, and operational planning.

Our approach is legal-driven rather than purely administrative. This means that the focus extends beyond the act of registration itself and includes assessing whether the chosen company structure is appropriate from a legal and practical standpoint from the outset.

A purely formal approach to incorporation may lead to structural issues at later stages, particularly in matters of governance, compliance, or changes in business operations. Addressing these considerations at the incorporation stage helps reduce the need for corrective legal actions as the company develops.

Practical requirements may also vary depending on the business model, ownership structure, and intended scope of activities.

Why Choose AdamSmith?

We provide company formation services built on a solid legal foundation and a practical understanding of cross-border business requirements. Our work is based on hands-on experience with Lithuanian corporate law and international company structures, with a focus on lawful and sustainable setup from the outset.

Clients choose us because

• We apply a legal- and compliance-oriented approach to company setup
• Our pricing is transparent and clearly defined from the beginning
• We have experience assisting international founders and cross-border structures
• Communication is conducted in clear, professional English

Each engagement is assessed individually, taking into account the business model, ownership structure, and jurisdictional context. Our objective is not only to complete the registration process, but to ensure that the company is established correctly and remains workable and compliant beyond the incorporation stage.

Frequently Asked Questions

The following questions address the most common legal and practical aspects of company registration in Lithuania. This section is intended to provide a general overview of how company setup works, the available options, and the key considerations involved.