Yes, of course. Foreigners, who want to establish or buy a company in Lithuania, have the same rights as the citizens of Lithuania, and there are no specific restrictions applied.

The Limited Liability Company (UAB) is the most common form of company, when the owners are not liable for the company’s obligations with personal assets. Minimum authorized capital of an LLC in Lithuania is €2,500.

It is not mandatory to have a physical office within the country but it is mandatory to have a registered address in Lithuania.  

Minimum authorized capital for registration of the Limited Liability Company (UAB) is €2,500.  

The standard CIT rate is 15%. However, small companies and agricultural companies can apply a reduced CIT rate of 0% or 5% if certain conditions are met.

If all the documents are in order the company incorporation process will take approximately 2-4 working days.

The Limited Liability Company is known in Lithuania as a UAB - Uždaroji akcinė bendrovė.

Yes, sure. It is possible to establish a company remotely with the help of the representative.