Registering a Company as a Non-EU Citizen in Lithuania

Lithuania offers a welcoming environment for entrepreneurs, including non-EU citizens. Here’s a step-by-step guide on handling visa requirements, understanding the legal process, and best-practice tips for smooth company registration.

Visa Requirements for Non-EU Citizens

• Visa Type: Most non-EU entrepreneurs require a National Visa (D) or a temporary residence permit to stay in Lithuania for company formation and management.

• Key Documents:

  • Valid passport

  • Proof of financial means

  • Business plan or company formation documents

  • Health insurance policy

• Process Overview:

  • Apply at a Lithuanian diplomatic mission or visa center.

  • Submit company registration documents and other supporting paperwork.

• Timeline: National Visa (D) is typically processed within 15 days; residence permits may take up to 2 months.

Legal Steps to Register a Lithuanian Company

1. Decide on Company Type: Most common options are UAB (Private Limited Liability Company) and MB (Small Partnership).

2. Prepare Documents:

   • Company statutes

   • Founding act

   • Proof of registered address (real or virtual office)

3. Open a Bank Account & Deposit Capital:

   • For UAB, minimum share capital is €1,000 (but €125,000 for crypto companies).

4. Register with the Register of Legal Entities:

   • Submit all documents to the Centre of Registers electronically or in person.

5. Obtain Other Permits:

   • EORI number (for import/export), VAT registration if needed.

   
   

Tips for Non-EU Citizens

• Use a virtual office solution if you don’t have a physical location.

• Consider professional advice or consulting services to ensure compliance.

• Be mindful of language requirements—documents must be in Lithuanian or certified translated.