Choosing Your Business Form
Choosing the right type of business for your company is crucial. Before you choose, it’s essential you have the right advice. That’s why we’ve put together this how to guide that will take you through all you need to know.
There are two ways of doing business in Lithuania:
- Establish a company
- Set up an individual activity license
The decision on the form of activities can be made based on the following criteria:
1. Nature of your business
Your decision should be dictated by what kind of business you’ll be doing, i.e. on how complex your business will be.
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Choosing the type of company
The type of company you choose will be determined by the kind of activity and company formation you require.
Having an affiliate or representative office
Having an affiliate or representative office can be a great way for companies to expand and grow their operations without having to worry too much about the burden on their resources.
Setting up a business
Setting up a business in Lithuania is straight-forward and stress free. All you need to do is check that you have all the necessary documents before you apply.