How to Choose the Right Business Structure in Lithuania

Choosing the right company type affects your liability, taxes, and management duties. The two most popular forms are:

Feature	UAB (Private Limited Liability Company)	MB (Small Partnership)
Setup Cost	€850	€650
Minimum Share Capital	€1,000 (Standard), €125,000 (Crypto)	None
Shareholder Limit	No maximum	Up to 10 members
Suitable For	Local & foreign investors, SMEs	Small teams, startups, family businesses
Liability	Limited to investment	Members not liable for company obligations
Corporate Tax (CIT)	15%	15% (with reduced rates for small MBs)
Annual Reporting	Required	Required
Management Structure	Director/Board	Members (may elect manager)

Other Forms: Sole Proprietorship, General Partnership, and Branches of Foreign Companies are also options but come with different tax and liability considerations.