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Small partnership (MB)

OUR SERVICES
– We advise on establishing a small partnership
– We prepare all necessary documents for founding a small partnership
– We provide prepared documents to the notary and the Register of Legal Entities
– We coordinate the whole process of establishing a small partnership

TIMELINE
~ 4 business days

PRICE
– 870 Eur company with a Lithuanian name

PRICE INCLUDES
– Register of Legal Entities fee
– Notary fee
– Preparation of incorporation documents
– Introduction to internet bank solution

F.A.Q

Requirements
  • Passport copy of the director, all members and Ultimate Beneficial Owner
  • Proof of address (utility bill or bank statement) of the director, all members and Ultimate Beneficial Owner
  • Member contribution from 1 Eur
  • One director and at least one member. No requirements for local director and/or member
Taxes in Lithuania

– Corporate income tax of 5% for the turnover up to 300 000 Eur per year
– Corporate income tax of 15% for the turnover over 300 000 Eur per year
– Dividend tax – 15%
– VAT – 21%

Why Lithuania?

– NATO and EU member since 2004
– One of the lowest taxes in EU
– 1st in the EU for real GDP per capita growth (period 2000-2020)
– Fast and straightforward process to start a business
– Vast majority of young professionals are proficient in English

Business Made Simple

Call us today at +370 629 83 082

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