The total amount of the share capital must be
You have created a favourable climate for the opening of an activity, based on precise rules for the protection of the rights of investors and the development of economic areas-free (Kaunas and Klaiped), in which the investor is exempt from the payment of real estate taxes in the case of investments exceeding one million Euro, and for six years is exempted from the payment of the tax on profitsA foreign entrepreneur can open a business in Lithuania through a procurator. Has been developed a procedure for the registration of companies of different shapes. In Lithuania In twenty twelve are simplified procedures of registration of companies through the introduction of online registration for limited liability companies and the cancellation of the requirement notary certification of the corporate documents. Stock company of closed type: company whose share capital is divided into shares and the amount of shareholders does not exceed persons. The minimum capital required must be equal to at least. the twentieth-century euro). AB (joint stock company of open type): a company whose share capital must be at least. Litas (about five hundred euros). The special feature of a joint-stock company is the possibility of an open distribution of the shares. IP: free professional.
The presence of the founders is not mandatory
The minimum share capital recommended is. Litas (about the twentieth-century euro). It is also possible to open a Representation or Branch office that will be the headquarters decentralized of the legal person, the main act in the scope of the powers presented by this legal person. To choose the form of legal-organizational most convenient for Your needs - you Can commission a screening in order to compare the pros and against relating to the management of the business and the consequences of a fiscal nature that may arise from the choice of one or the other form. In addition, There will be of interest to our service is a simulation of a legal structure that is protected for the safety of Your assets in the republic of Moldova Programme). The control of the uniqueness of the name of a company in Lithuania must be carried out compulsorily. UAB AB The name of a company the registered office (can be provided by our company, even if, preferably, it would be more appropriate to rent an independent office) membership data (surname, name, patronymic, citizenship, a passport or company documents of the company) types of activity the selection of the bank in Lithuania and types of accounts opened at the same other documents and information. Representative branch: constituent documents, the selection of the bank in Lithuania and the types of bank accounts, other documents and news. All documents must be presented in advance to be translated into Russian. All documents submitted must have the notarization of the Ambascita of the member countries (shareholders), or in accordance with the dictates of the Hague Convention and must be appostilati and issued by the governing bodies of the corresponding after the notarization. You must also choose the system of taxation (generally recognized, simplified, with VAT without VAT). For the commissioning of a legal opinion standard or individual on taxation in Lithuania click here In accordance with the legislation, the place of residence of the legal person is considered to be the seat of its permanent body (general Director, administrative Headquarters). The data of the place of residence are recorded and included in the state Registry of legal persons and in the register of the representative offices and subsidiaries at the time of registration new registration. At the time of registration of Your company we we provide the registered office, which is divided into two types: you Can appoint as a director general to be a person of nationality Lithuanian, is a foreigner. For the appointment of a foreign citizen must obtain a work permit, if he is not inserted in the composition of the shareholders with the appropriate fee. If you are in need of the presence of the director-general of the solution of administrative matters, our company provides the service of directors nominal. These conductors can carry out different types of administrative positions. The main requirement of using the service rated it is the full legality of the activities of the Client company. The amount of the share capital of a company allows you to work to a foreigner without obtaining a work permit from the employment office. If you are the sole shareholder or director of the company with a single person, then it is enough that the share capital of the company is equal to.
twentieth century euro.
If a second stranger were to join your company and wanted to work on it, then the share of the director shall be. five hundred euros and also the second shareholder shall have a share in the company equal to. five hundred euros. Each of the next foreigner who wants to work in your company without permission from the office of placement must be paid in the social fund of the company in the amount of. If you decide to hire foreigners in your society Lithuanian not including them as shareholders, you will need to obtain from the employment office for permission and demonstrate that they are specialists and unique in Lithuania, these specialists are not there. As timing requires three months of time and is a procedure rather complicated. The main activities of registration will be made by our specialists on power of attorney.
The presence of the director-general will be required only at the time of the opening of bank accounts.
The registration of the UAB with foreign participation requires a minimum of four working days, as well as the registration of a Representative office or Branch. In planning the timing of the recording, keep in mind that you need additional time for the preparation, translation and dispatch of documents. If you re - registration of a company is already ready, such re-registration will require at least five working days. You can advise us of the banks in Lithuania. At the time of registration of the company you can open accounts in the bank, not only in litas, but also in rubles, euros, and dollars. In addition, our company can provide services for opening accounts for foreign companies in Lithuania, as well as of society in Latvian and abroad. In order to avoid sanctions and have the confidence that the work is controlled properly, use our services to bookkeeping. When you hire an accounting professor, you are never sure how to keep the accounting programs, which collects in the correct way, the primary documents, when he's going to resign. Our law firm has a highly professional team that controls the methodology and the correctness of accounting, is able to achieve the transformation of the systems of the reporting national compliance with the International Financial Reporting Standards (IFRS). The presence of a team of accounting allows You to receive permanently, the service accounting needed. Our programs for accounting are stored in servers remote. This is very important to safeguard the confidentiality of Your accounting data. Also, we can offer advice on the tax optimization and financial activities of Your company.
We can offer you: - the installation of the system Bank-to-client, the setting of the accounting records, the preparation of contracts and registration of transactions, the resolution of the customs issues and many other problems that can arise in the management of the business activities in Lithuania.
In the same way, we can provide you with services for obtaining the VNŽ (residence permit) in Lithuania. The granting of a VNŽ is decided by the government of Lithuania in - months.
For this it is required to open your own company in Lithuania.
Get the residency is only possible after five years from the time of obtaining a VNŽ. Your presence will be required at the beginning for the notary authentication of documents and the introduction of social capital on the account of your future company and, in the future, for the delivery of documents to the bodies migration in Lithuania.
At Your request, we can replace the general Director, the registered office, increase decrease the share capital, change the name or the composition of members’, make the purchase and sale of a UAB.
Some actions may be notification, while others will require the introduction of changes at organizations in the public sector of Lithuania.
The terms of the registration of the UAE will depend also on the changes to be made.
The company from Lithuania can optimize its activities using the company in the following countries: England, Switzerland, the Netherlands, Singapore and others. You can consult with our specialists about the possibilities and working patterns of Your company at the end of the effective management of Your business in Lithuania and abroad. And, in addition, you can take a look of the issues related to the management of business in Lithuania on the pages of the trade Magazine,"Business in the countries of the CIS and baltic countries". Articles and interviews with public men, and the businessman will help You to better understand the method of work in these countries.
