Terms and Conditions

Welcome to adamsmith.lt (the “Website”). The Website is managed by LTCompany UAB (“the Contractor,” “we,” “us,” or “our”). These terms and conditions (the “Terms”) regulate your access to and use of the Website and the services provided by us, which include company registration, the sale of pre-established companies, accounting, licensing, legal services, business consulting, and related services (collectively, the “Services”).

By accessing or using the Website and the Services, you agree to adhere to these Terms. If you do not agree, you must not use the Website or the Services.

Use of the Services

Eligibility

You must be at least 18 years old and legally capable of entering into binding contracts to use our Services.

Prohibited Conduct

By using the Services, you agree not to:

• Utilize the Services for any illegal activities or in breach of any applicable laws.
• Provide inaccurate or misleading information when using the Services.
• Engage in fraudulent, deceptive, or harmful activities.

Business Use Only

By accessing our Services, you confirm that:

• You are acting in a business capacity, not as a consumer. This implies your use is for business, commercial, or professional purposes.
• You waive consumer protection rights typically granted under consumer laws, as your use is strictly in a business-to-business (B2B) context.
• You acknowledge and assume all business risks associated with your use of the Services, including financial, legal, operational, and market risks. The Contractor is not liable for any business losses you may incur from using the Services.

User Representations and Warranties

When using the Website and the Services, you affirm that:

• Non-Nominee Status: You are not acting as a nominee or in any capacity for another individual or entity, such as a nominee director or shareholder.
• Non-PEP Status: You are not classified as a Politically Exposed Person (PEP) under relevant anti-money laundering laws.
• Sanctions: You are not subject to any sanctions, embargoes, or restrictions by any government or regulatory authority.
• Legality of Income: All funds and income used in connection with the Services originate from legal sources and are not tied to any criminal activities.
• High-Risk Jurisdictions: You do not engage in business with or operate in jurisdictions identified as high-risk by EU authorities.
• Anti-Money Laundering and Counter-Terrorism Financing: Your use of the Services is not intended for money laundering or financing terrorism.

Fees and Payments

Fees

Fees for our Services are listed on the Website or outlined in separate agreements. These fees are subject to change and may include additional taxes, duties, or charges, which will be added to the total fee unless specified otherwise.

Payments

Payment terms are agreed upon during the engagement process. Full and timely payment is required to avoid service interruption or termination.

Refund Policy

Our fees are non-refundable. However, any payments made can be applied to other services we offer within one year from the payment date.

Disclaimers and Limitation of Liability

Disclaimers

The Services are provided “as-is” and “as-available.” We make no warranties, express or implied, about the Services. To the fullest extent allowed by law, we disclaim all warranties, including those of merchantability and fitness for a specific purpose.

Limitation of Liability

The Contractor and its affiliates will not be liable for any indirect, incidental, special, or consequential damages arising from your use of the Services. Our total liability is limited to the amount you paid for the Services.

Indemnification

You agree to indemnify and defend the Contractor and its affiliates against any claims or expenses arising from your use of the Services or breach of these Terms.

Miscellaneous

Intellectual Property

All content on the Website, including text, graphics, logos, and images, is owned by the Contractor or its suppliers and protected by intellectual property laws. You cannot use any content without prior written permission.

Confidential Information

Confidential Information disclosed in connection with the Services must be treated with care. Each party agrees to protect the other’s Confidential Information and use it only as necessary to fulfill obligations under these Terms.

Governing Law

These Terms are governed by the laws of the Republic of Lithuania, without regard to its conflict of law principles.

Changes to Terms

We may update these Terms at any time. Changes take effect immediately upon posting on the Website. Continued use of the Services implies acceptance of the new Terms.

Contact Information

For any questions about these Terms or our Services, please contact us at info@adamsmith.lt.

Entire Agreement

These Terms represent the complete agreement between you and the Contractor concerning your use of the Services and replace all prior agreements, whether written or verbal, on this subject.