11 answers for owners and founders of a Lithuania company, from ordering to banking, annual compliance and what happens after incorporation. General information, not legal or tax advice; your specialist confirms how it applies to you.
Yes. Registrų centras can reserve a legal entity name, usually for 6 months, on application form JAR-5 (confirm the current period and fee with your specialist). Reserving is optional but useful when documents are being signed or apostilled abroad. We check your three name choices before filing.
Source: E-guide: starting business (UAB), Registrų centras (State Enterprise Centre of Registers)
A valid passport and proof of address for each shareholder, the manager and every beneficial owner, plus a short description of the business and the source of the share capital. Founders without a supported electronic signature sign before a notary, and documents signed abroad usually need an apostille. We send you a checklist matched to the signing route you choose.
Yes, for euro payments. Under the EU SEPA Regulation, payers must accept a payee account held anywhere in the EU. Lithuanian customers and suppliers can therefore pay an IBAN from an EMI licensed in another member state.
Source: Regulation (EU) No 260/2012 (SEPA Regulation), Article 9, EUR-Lex, European Union
Through the Mano VMI portal, at least three working days before the date you want the registration to start. If the application lacks details, the tax inspectorate checks the information itself, which can take longer. The registration decision is posted in Mano VMI and applies from the date it states.
Source: Kaip įsiregistruoti PVM mokėtoju?, State Tax Inspectorate (VMI)
By calendar year, since 1 May 2025. The obligation to register arises when goods and services supplied in Lithuania in the previous or current calendar year exceed €45,000. Track sales monthly so you apply before the threshold is passed.
Source: Kaip skaičiuojama 45 000 eurų riba dėl prievolės tapti PVM mokėtoju?, State Tax Inspectorate (VMI)
The body named in the articles, usually the shareholders, appoints the new manager, and the change is registered with Registrų centras. If the change also shifts control, update JANGIS as well. We prepare the decision, collect the new manager's KYC and file both updates.
Mostly accounting: bookkeeping, the annual financial statements, the corporate income tax return and VAT returns once the company is VAT-registered. The renewal from US$1,650 covers our annual services. We quote the accounting separately once we know your transaction volume.
The registration certificate and articles, ID for the manager and owners, the beneficial owner details filed with the register, and a clear business plan with expected volumes and counterparties. Expect questions about why the company is in Lithuania and who runs it day to day. Consistent answers across all documents speed up the review.
A current extract from the Register of Legal Entities, which shows the company's status, manager and registered details. Banks outside Lithuania often want it apostilled and sometimes translated. We order the extract and arrange the certification together.
A UAB files form PLN204 and pays the tax by the 15th day of the sixth month after the tax year, which is 15 June for a calendar year. If taxable income in the previous period exceeded €300,000, the company also pays advance corporate income tax during the year.
Source: Kokia tvarka įmonė deklaruoja pelno mokestį?, State Tax Inspectorate (VMI)
Within 10 working days of the change, according to Registrų centras guidance (confirm with your specialist). The company's head files the update electronically through the Registrų centras self-service portal. Any change in direct or indirect ownership or control counts.
Can't find it? Ask a Lithuania specialist, reply within 1 business day.
