MAIN STAGES OF COMPANY FORMATION
CHOOSING A BUSINESS LEGAL FORM
We advise on choosing the most suitable legal form for a business in Lithuania, taking into account the planned activities and individual business needs. We explain the main differences between MB and UAB and help assess which legal form is most suitable for the planned business.
CHOOSING A COMPANY NAME
We advise on choosing a company name in Lithuania. It is recommended to check the proposed name in relevant databases and assess whether it is identical or too similar to existing company names or trademarks. We recommend preparing several alternative names.
DETERMINING THE CAPITAL STRUCTURE
We advise on the company’s capital structure, taking into account the chosen legal form and planned business activities. In the case of a UAB, we help clients understand the key aspects of the capital structure, including the number of shares, their nominal value and other related matters.
PREPARATION OF COMPANY FORMATION DOCUMENTS
The company formation process requires appropriate documents depending on the chosen legal form. We advise on the required documents, their preparation, and other matters related to company formation.
COMPANY’S LEGAL ADDRESS IN LITHUANIA
A legal address is required when establishing a company in Lithuania. We advise on legal address requirements, necessary consents, and other matters related to choosing an address. If needed, we help find a suitable legal address solution in Lithuania.
INFORMATION ABOUT SHAREHOLDERS
When establishing a company, information about its shareholders is generally required. We advise on what shareholder information and documents may be needed, as well as on the distribution of shares among multiple shareholders and other matters related to the shareholder structure.
INFORMATION ABOUT THE DIRECTOR
When establishing a company, information about its director is generally required. We advise on what director information and documents may be needed, as well as on other matters related to the company’s director.
PREPARATION OF THE COMPANY FORMATION AGREEMENT
When establishing a company, a formation agreement or another formation document may be required, depending on the chosen legal form and the number of founders. We advise on the content and preparation of these documents, as well as other related matters.
FORMATION OF SHARE CAPITAL
Share capital requirements depend on the chosen legal form of the company. We advise on the formation and amount of share capital, accounts related to the capital, and other matters relevant at this stage.
CONSULTING ON COMPANY REGISTRATION
We advise on the company registration process in Lithuania, the required documents, and the main registration stages. Official company registration is carried out by the relevant Lithuanian state authority.
INFORMATION ABOUT REGISTRATION DOCUMENTS
Once the company is registered, the relevant state authority provides the official company registration details and documents. We advise on these documents, their purpose, and other matters relevant after company registration.
CONSULTING ON REGISTRATION WITH STATE AUTHORITIES
After company registration, additional steps with the relevant Lithuanian state authorities may be required. We advise on applicable requirements, necessary steps, and other matters related to this stage.
CONSULTING ON OPENING A BANK ACCOUNT
We advise on opening a company bank account in Lithuania and Poland. We help clients understand bank requirements, prepare the necessary information and documents, and choose a suitable solution based on the company’s needs.
ANY QUESTIONS?
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