Company Registration in Lithuania
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Baltic region in Northern Europe; borders Latvia and Poland
Location
Bahamian Dollar (BSD), pegged to the US Dollar
Currency
Legal System
UAB (Private Limited Company), AB (Public Limited Company)
Corporate Structures
Tax System
- Corporate tax rate is set at a flat rate of 15%; small businesses may qualify for reduced rates as low as 5%
Legal Framework
- Based on Civil Law; governed by the Law on Companies of Lithuania
- UAB (Private Limited Company) is the most common structure requiring a minimum share capital of €2,500
Advantages
- Access to European markets through EU membership
- Favorable tax regime for startups and SMEs
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