Bring your business
to Lithuania
We stand ready to provide you with the right tools to bring your business to Lithuania – from company formations to customised accounting services and tax registrations.
Build a strong foundation for your business in Lithuania, starting with a compliant company.
Company formation remotely
Establishing a limited company (Uzdaroji Akcine Bendrove or UAB) in Lithuania is convenient and seamless by leveraging 1Office’s representative, who can efficiently act on your behalf during notary procedures.
This option is ideal for both individuals and legal entities, providing a hassle-free alternative to managing the intricacies of document completion across various offices.
Included in the service:
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Company formation with one founding member and one director (please ask a quote if there are two or more founding members).
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Preparation of registration documents in Lithuanian and English
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Arranging transaction in the notary’s office in Vilnius
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State fee and notary fees
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Filing documents to the Business Register
Accounting services
Run your business by entrusting your company’s accounting with 1Office’s experienced accountants who know how to align with your business goals and industry.
Our comprehensive service ranges from vital accounting functions, including cashbook completion, registration of petty cash vouchers, purchase and sale invoices management, and verification.
Additionally, we ensure the preparation of social insurance reports and the delivery of declarations and reports to key entities such as the State Tax Inspectorate, Social Insurance Fund Board, Department of Statistics, and State Enterprise “Centre of Registers.”
Our accounting service starts with a one-time setup fee of 69€ which includes:
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Setting your company up in an accounting software
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Instructions about necessary accesses (Social Insurance Fund Board, State Tax Inspectorate, etc.)
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Preparation of documents archiving and additional actions needed to manage your accounting
Tax Registrations and Declarations
When your business in Lithuania generates €45,000 or more in turnover or purchases goods from another EU country that exceeds the amount of €14,000, it will be mandatory for your company to have a VAT registration.
Getting a VAT number in Lithuania as a company owned by non-residents is a complex process. In order to apply for VAT number your company must have an accountant registered with the State Tax Inspection, who has the right to submit documents to the Tax Inspection.
Included in the service:
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Drafting the VAT application
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Translation of Business Registry extract to the Lithuanian language
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Submitting the application to State Tax Inspectorate (STI)