Lithuania Company Formation

Lithuania, particularly as a European Union member with its digital infrastructure, is an attractive country for entrepreneurs. Located strategically in the Baltic region, Lithuania offers low operating costs and a flexible business environment. Foreign investors prefer Lithuania due to easy access to the EU market, tax advantages, and swift company formation processes. Additionally, its advanced infrastructure in technology and fintech creates significant opportunities for digital entrepreneurs.

In Lithuania, MB (Mažoji Bendrija) is preferred for small-scale ventures. MB stands out with its low capital requirement and simple establishment process. It can typically be established with around 1,000 Euros and offers highly flexible management. For larger and more corporate ventures, UAB (Uždaroji Akcinė Bendrovė) is ideal; with a minimum capital of 2,500 Euros, it has a more formal and prestigious shareholder and management structure. UAB has advantages over MB in terms of investor and bank trust.

Lithuania also excels in fintech and financial services. It provides a suitable foundation for international financial activities, particularly by offering electronic money, payment, and crypto licenses. Companies can apply for these licenses with a UAB structure and provide financial services throughout the EU. Lithuania’s swift licensing processes, low costs, and strong regulatory framework create a secure and attractive environment for fintech ventures.