Lithuania welcomes entrepreneurs from all over the world. Starting a business here is fast, digital, and open to foreigners. Vilnius offers a business-friendly environment, digital registration, and access to EU markets.
Yes! Both EU and non-EU citizens can set up a business in Lithuania. EU citizens can register without a residence permit. Non-EU entrepreneurs may apply via programmes like the Startup Visa Lithuania if their business idea is innovative and meets financing criteria.
Setting up a business is straightforward and can often be completed in just a few days electronically, provided you have all necessary documents prepared.
You can register as:
Private limited company (UAB) – the most common type for startups and SMEs
Individual activity – for freelancers and small-scale entrepreneurs
Business licence (“verslo liudijimas”) – for certain regulated services
Choose the type based on your business model and long-term goals.
Yes, some business activities require sector-specific permits. Check the requirements for your business type before registering.
Company registration fees are paid to the Register of Legal Entities.
You may also need a notary for founding documents, and a bank account for share capital.
Costs vary depending on the company type and legal requirements.
Yes. It’s important to evaluate your expected results, market prospects, and ensure all founding documents are in order before registration.
Schedule a meeting with an International House Vilnius consultant for personalized guidance: