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Šiauliai, Republic of Lithuania Attorneys in related practice areas.
Corporate & Commercial law in Šiauliai, Republic of Lithuania covers a broad spectrum of legal matters related to doing business, managing companies, and facilitating commercial transactions. As a key city in northern Lithuania, Šiauliai hosts a variety of businesses, from startups to well-established corporations. Local companies operate under the regulations and requirements set by Lithuanian law and relevant EU directives. Legal matters in this field include the formation, operation, reorganization, and liquidation of companies, as well as numerous commercial activities such as contract negotiations, mergers and acquisitions, intellectual property protection, and more.
There are various situations where individuals and businesses in Šiauliai may require the assistance of a Corporate & Commercial lawyer. Some of the most common scenarios include:
Legal advice is essential to avoid costly mistakes, ensure compliance, and protect your business interests within the local legal framework.
Corporate & Commercial matters in Šiauliai are governed primarily by the laws of the Republic of Lithuania, notably the Civil Code, Law on Companies, Law on the Bankruptcy of Enterprises, Law on Partnerships and European Union regulations when applicable. Key aspects of local law that are relevant to businesses include:
To start a business in Šiauliai, you must choose a legal structure, prepare founding documents, register with the State Enterprise Centre of Registers, and follow local licensing and tax registration requirements.
No, foreign nationals and companies can fully own businesses in Lithuania. There is no requirement for a local partner, though practical business relationships may be beneficial.
The most common types of business entities are private limited liability companies (UAB), public limited liability companies (AB), partnerships, and individual enterprises.
You can register your trademark or business name with the State Patent Bureau. Trademark registration gives you exclusive rights to use that mark in Lithuania.
Commercial contracts must be drafted in accordance with Lithuanian law. While contracts can generally be made in writing or electronically, certain contracts require a specific form or notarization.
Disputes can be resolved through negotiation, mediation, arbitration, or by litigation in civil courts. Many companies include dispute resolution clauses in their contracts specifying the method and venue.
Lithuanian employment law regulates work contracts, working hours, vacation, termination procedures, employee rights, and occupational safety. Non-compliance may lead to penalties.
Businesses must comply with both national laws and any local municipal requirements, such as obtaining special permits or adhering to zoning rules depending on the type of activity.
Lithuanian law does not mandate a local director or company secretary for most types of companies, but details may vary depending on the corporate form and sector.
The closure or liquidation of a company involves formal notification to authorities, settlement of debts and liabilities, distribution of assets, and removal from the company register. Legal assistance is highly recommended due to the procedural complexity.
Several governmental and non-governmental bodies offer support to those seeking advice on Corporate & Commercial legal matters in Šiauliai:
For specific commercial disputes or contract issues, local commercial arbitration centers and business associations can also provide valuable assistance.
If you need legal assistance in Corporate & Commercial matters in Šiauliai, consider the following actions:
Professional legal advice enables you to make informed decisions, avoid risks, and support the growth and success of your business in Šiauliai, Republic of Lithuania.
