Business in Lithuania — Bauman Kondratyuk
Business in Lithuania

Legal entry into the Lithuanian and wider EU market

Company incorporation in Vilnius, licensing, banking, residence permits, and tax structuring — we take the client from the first consultation through to a stable operation inside the European Union. The practice is led from our Vilnius office by Dr Vilius Nikitinas.

Company incorporation

UAB, MB, branch, or representative office — the form is chosen to match the actual business model and the shareholders’ structure.

  • Name clearance and articles of association
  • Notarial execution of the incorporation documents
  • Filing with the Lithuanian Register of Legal Entities

Bank account

End-to-end support through KYC with Lithuanian banks and licensed EMIs — from the beneficial-ownership questionnaire through to live operating accounts.

  • KYC file and source-of-funds evidence
  • Liaison with the compliance officer
  • EMI alternatives in the event of a bank declination

Residence permits

Temporary and national permits for founders, directors, and key employees — on the basis of business activity or the start-up visa.

  • Business case for the Migracijos departamentas
  • Documentation for family members
  • Renewal and transition to permanent residence

Licensing and regulation

Sectoral licences from Lietuvos bankas, the State Food and Veterinary Service, the communications regulator, and other authorities.

  • Payment institutions, EMIs, and crowdfunding
  • Transport, logistics, and the food industry
  • IT, telecoms, and personal-data processing

Tax structuring

Effective-rate planning across VAT, 15 / 6 / 0 % corporate income tax, and the Ukraine–Lithuania double-tax treaty.

  • Residence of the company and of the beneficial owner
  • Cross-border dividends, royalties, and interest
  • Preparation for VMI tax audits

Ongoing support

Corporate secretarial, contracts, employment, GDPR, and dispute defence — on a continuing retainer.

  • Shareholder resolutions and minutes
  • Contracts with counterparties and with staff
  • Representation before the Lithuanian courts
Dr Vilius Nikitinas — Of Counsel
Practice lead

Dr Vilius Nikitinas

Doctor of Law, with more than twenty years’ practice in Lithuania. Leads client matters personally: company incorporation, banking, licensing before Lietuvos bankas, residence permits, tax structuring, and disputes before the Lithuanian courts. Working languages: English, Lithuanian, Russian, and Ukrainian.

HOW WE WORK

From the first meeting to an operating Lithuanian company

Each stage is structured so that the client knows exactly what is happening today, what comes next week, and where the risks in the project lie.

Diagnosis and objectives

We map the business model, the target markets, the ownership, and the reasons for choosing Lithuania. The conclusions are set out in a short memorandum.

Structure and budget

We propose two or three options for the corporate and tax structure, with timelines, official fees, and an estimate of legal costs.

Set-up and launch

We prepare the documents, deal with the notary, the bank, and the Register, and obtain the permits and licences on the agreed timeline.

Post-launch support

Corporate secretarial, contracts, employment, and tax audits. One partner of record, and a predictable monthly budget.

RESPONSE PROTOCOL

The first twenty-four hours after instruction

The Lithuanian working day overlaps with our clients’ schedule. The first substantive steps are taken on the first business day.

0–2 h
Instruction acknowledged
We assign the partner who will lead the project, and agree the channel of communication and the basis of confidentiality.
2–6 h
Initial assessment
We identify the key Lithuanian-law requirements for your model — from the corporate form through to sanctions screening.
6–12 h
Action plan
You receive a written plan: the stages, the responsible team members in Vilnius and Kyiv, indicative timelines, and official fees.
12–24 h
Project begins
We open the client file, instruct the notary and the bank, and prepare the first set of documents for signature.
Action scenarios

The matters clients bring to us

Four practical cases. Each is focused on the outcome — not on process for its own sake.

A Ukrainian business entering the EU market through Lithuania+
  • Import and sanctions analysis for the goods
  • UAB set-up, and EORI and VAT registration
  • Distribution and logistics contracts with Lithuanian partners
  • Residence permits for the Ukrainian management team
An IT company relocating its operating jurisdiction+
  • Choice between UAB, MB, and the Startup Lithuania track
  • Transfer of software rights and trademarks to the new entity
  • Employment and stock-option arrangements for developers
  • Tax planning for dividends to Ukrainian founders
A start-up applying for the Startup Lithuania visa+
  • Eligibility review against the innovation criteria
  • English-language business plan for the assessment panel
  • Support through the evaluation interview
  • National visa and subsequent residence permit
An investor acquiring a Lithuanian asset or a stake in a UAB+
  • Legal due diligence of the company and the assets
  • Share purchase agreement with notarial execution
  • Merger-control clearance where required
  • Filings with the Register and with the beneficial-ownership register
OUR COMMITMENTS
Transparent fees
A fixed fee per stage, or a monthly budget, is agreed before the work begins. No undisclosed line items on the invoice.
One partner owns the file
The partner leading the practice works on your matter personally. The client is never left in the hands of a junior associate alone.