Existing user? Sign in
Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Vilnius, the capital city of the Republic of Lithuania, is a vibrant hub for business activities and innovation. New business formation in Vilnius is governed by the legal framework of the Republic of Lithuania, which provides a straightforward process for entrepreneurs to start a business. The legal environment is designed to encourage investment and entrepreneurship, making it an attractive destination for both local and international business founders.
The process typically involves selecting a suitable business structure, such as a sole proprietorship, partnership, or a limited liability company (LLC), and ensuring compliance with the relevant regulations. Understanding the nuances of Lithuanian business law is essential for successful business formation in Vilnius.
Starting a new business involves navigating various legal requirements and regulations. Here are common situations where legal advice might be necessary:
Lithuania has streamlined processes for the incorporation of new businesses, supported by its regulatory framework. Key aspects include:
Choose a business structure that fits your needs and then register your business with the Lithuanian Register of Legal Entities.
No, foreigners can start a business in Lithuania with the right permits and compliance with local requirements.
The common types are sole proprietorships, partnerships, and limited liability companies (LLCs).
Business registration typically takes a few days to a few weeks, depending on the complexity and completeness of your documentation.
Businesses in Vilnius may be subject to corporate income tax, value-added tax (VAT), and social security contributions, depending on their structure.
Yes, your business must have a registered office address in Lithuania.
Yes, but you must comply with Lithuania's regulatory and tax requirements, including having a registered office.
You should consider registering trademarks, patents, and copyrights with the Lithuanian State Patent Bureau.
It depends on the nature of your business. Certain industries require specific licenses or permits.
Not necessarily, but if you do employ staff, it’s important to comply with Lithuanian labor laws and regulations.
Here are some resources to assist with new business formation in Vilnius:
If you're considering starting a business in Vilnius and require legal assistance, here’s how to proceed:
Engaging professional legal advice early in the process can save time and prevent costly mistakes, ensuring that your business in Vilnius is built on a solid legal foundation.
Lawzana helps you find the best lawyers and law firms in Vilnius through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including New Business Formation, experience, and client feedback.
Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters.
Get a quote from top-rated law firms in Vilnius, Republic of Lithuania — quickly, securely, and without unnecessary hassle.
Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation.
We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.
