Updated 13.08.2026

Company registration · Lithuania

Company registration in Lithuania theEuropean fintech hub with licences

The country where most European electronic money and payment institution licences are issued, alongside a reduced corporate rate for small companies. A serious base for financial technology.

Select a structure
BRIDGES GLOBALCorporate

Launch package

What the base package covers

  1. 01Name check and preparation of the articles
  2. 02Capital deposit and filing with the registry
  3. 03Legal address for the first year
  4. 04Full set of corporate documents
  5. 05Tax registration and a Lithuanian accountant
  6. 06A calendar of obligations for the year ahead

and 3 more documents

Electronic money and payment institutionsFintech licences
BRIDGES feefrom $1 700
Incorporation with the registry3-7 days
Passporting across the single marketEU

The actual timing, cost and tax treatment depend on the corporate form, the activity and the structure of the company. Government fees are paid separately at the official tariffs.

Quick selection

Find the right structure

Where will the clients be?

What will the company do?

What do you need?

How many owners?

Reply within one business day

Fit

Who Lithuania suits

Works when
  • Payment and electronic money projects needing an EU licence
  • Fintech products passporting across the Union
  • IT companies with a local development team
  • Small companies eligible for the reduced rate
  • Businesses that need a regulated European entity
Does not work when
  • A licence is expected quickly and cheaply: it is neither
  • There is no capital or qualified management for the regulator
  • You are counting on anonymity: the registry is public
  • A fully remote company with no local substance

Company types

What company you can open in Lithuania

The private limited company is the base for both ordinary business and licensed projects.

Uzdaroji akcine bendroveUAB — private limited company

A company with limited liability and a defined minimum capital.

For whom
IT, services, trade, fintech projects.
Advantage
Fast registration and the standard vehicle for licence applications.
Limit
Capital must be deposited before registration.
Mazoji bendrijaMB — small partnership

A simplified form for a small number of individual members.

For whom
Small service businesses.
Advantage
Low entry cost and simple administration.
Limit
Only individuals may be members; not suitable for licensing.
Akcine bendroveAB — public limited company

A company with substantial capital that may issue shares publicly.

For whom
Larger businesses and listed structures.
Advantage
Higher standing and access to public capital.
Limit
Higher capital requirement and heavier governance.

For licensed activity the regulator expects local management, qualified personnel and genuine operations in the country.

Comparison

Lithuania or Ireland for fintech

Two European jurisdictions where payment businesses are licensed.

LithuaniaIreland
Licensing speedfaster on averageslower and more selective
Regulator approachpragmatic, with growing scrutinyconservative
Cost of the projectlowerhigher
Passportingacross the EUacross the EU
Substance expectedlocal management and stafflocal management and staff
Corporate taxreduced rate for small companies12.5% on trading income
Who it suits betterlaunching a new payment productestablished groups with capital

Lithuania is the faster route to an EU payment licence. Ireland is slower but carries more weight with institutional partners.

Where to register

What shapes the structure in Lithuania

For a licensed project the requirements dictate almost everything.

What we check

  • Whether a licence is needed and of which type
  • What capital can be committed to the project
  • Who will act as management and where they live
  • Whether an office and staff will be maintained locally
  • What the anti-money-laundering framework will look like
  • Which bank or partner will hold client funds
  • Whether passporting to other member states is planned
  • Whether the reduced corporate rate applies
  • How the source of capital is evidenced
  • The upkeep budget for the next three years

The regulator has tightened its expectations in recent years. Applications without real management, staff and controls are rejected.

Licensing

Activities and licences

Ordinary business needs no licence; financial activity is the reason most clients come here.

IT and services

No licence required.

Electronic money institution

Licensed by the central bank with a defined capital requirement.

Payment institution

A lighter licence with a lower capital requirement.

Specialised bank

A dedicated licence with a substantially higher capital requirement.

Crowdfunding and lending

Registered and supervised under sector rules.

Digital assets

Subject to registration and tightening requirements.

What sets the licence

  • Which licence the business model requires
  • What capital is available
  • Who will be the responsible managers
  • What controls and systems are planned
  • Whether passporting is intended
  • How client funds will be safeguarded

Prices

Three ways to launch

The scope is built from real scenarios, from an ordinary company to a licensed institution.

Company

from $1 700

An EU entity for contracts and invoicing

1-2 weeks

Included

  • Name check and preparation of the articles
  • Capital deposit and filing with the registry
  • Legal address for the first year
  • Full set of corporate documents
  • Tax registration and a Lithuanian accountant
  • A calendar of obligations for the year ahead

Government fees, paid separately

  • Registry fees

Not included

  • EU VAT number
  • A financial licence
Licensed institution

by project

A payment or electronic money project

from 6 months

Included

  • Everything in the Company, VAT and account package
  • Preparation of the full licence application
  • Business plan, policies and control framework
  • Recruitment of responsible managers and staff
  • Office and operational set-up
  • Support with the regulator through to authorisation

Government fees, paid separately

  • Regulatory capital
  • Regulator fees
  • Audit and office costs

Regulatory capital, regulator fees and payroll appear as separate lines in the quote. Licensing projects are always priced individually.

Estimate

Preliminary quote

Seven questions about the model, the licence, capital and staff. A preliminary budget in return.

The range is indicative: licensing projects are priced individually.

Add-ons

Add-ons for any package

Switched on as the task requires.

Financial licence

Full support of the application to the central bank.

Compliance framework

Policies, procedures and the anti-money-laundering system.

Responsible managers

Recruitment of candidates the regulator will approve.

EU VAT registration

Application and periodic returns.

Accounting

A Lithuanian accountant, monthly filings and annual accounts.

Office and staff

Premises and hiring for the substance requirements.

Account for the company

Selection of a bank or a partner institution.

Liquidation

Proper closure of the company.

Banking

The bank account after incorporation

For ordinary business the account is straightforward; for licensed projects safeguarding arrangements come first.

01
What the bank looks at

The activity, the customers, expected turnover, the local presence and the source of funds.

02
Which documents are needed

The corporate set, management identification, contracts and, for licensed projects, the authorisation.

03
Where the account is opened

With Lithuanian banks, and with European institutions for safeguarding client funds.

04
What we do

We prepare the file, choose the institution and run the submission through to the result.

Safeguarding accounts for a new payment institution are genuinely hard to arrange. We start that conversation at the same time as the licence application, not after it.

Tax

Taxes in Lithuania

A standard corporate rate with a reduced rate for small companies.

01
Standard corporate tax

Charged on taxable profit at the statutory rate.

02
Reduced rate

Available to small companies within statutory limits on turnover and headcount.

03
First-year relief

A qualifying new small company may benefit from a nil rate in its first period.

04
VAT

The standard rate applies, with reduced rates for certain supplies.

05
Payroll charges

Employer and employee contributions apply on top of gross salary.

06
Obligations at home

Owning a foreign company creates obligations in the beneficiary country of residence.

Verified on 13 August 2026. This is not tax advice: eligibility for the reduced rate is assessed case by case.

Documents

What we need from you

The set is collected remotely; documents are translated into Lithuanian.

  1. 01Passport with a certified copy
  2. 02Proof of residential address
  3. 03Curriculum vitae
  4. 04Description of the planned activity
  5. 05Evidence of the source of funds

The regulator reviews the business plan, the managers and the control framework in detail. Superficial applications are returned.

Annual administration

What we handle every year

For an ordinary company upkeep is low; for a licensed one it is a serious budget.

Legal address

Renewed annually.

Monthly accounting

Maintained by a Lithuanian accountant.

VAT returns

Filed where the company is registered.

Annual accounts

Prepared and filed with the registry.

Corporate tax return

Filed after the financial year ends.

Regulatory reporting

Regular filings to the central bank for licensed institutions.

Audit

Mandatory for licensed institutions and above the size thresholds.

Payroll and contributions

Filed and paid monthly where staff are employed.

Cost of ownership

The cost of the company over three years

A company is not a one-off payment for incorporation: the annual items below repeat every year. We count ownership, not entry.

Year 1
  • Registration and corporate documents
  • Legal address
  • Monthly accounting
  • VAT returns
  • Annual accounts
  • Corporate tax return
  • Regulatory reporting
  • Audit
  • Payroll and contributions
Year 2
  • Legal address
  • Monthly accounting
  • VAT returns
  • Annual accounts
  • Corporate tax return
  • Regulatory reporting
  • Audit
  • Payroll and contributions
Year 3
  • Legal address
  • Monthly accounting
  • VAT returns
  • Annual accounts
  • Corporate tax return
  • Regulatory reporting
  • Audit
  • Payroll and contributions

What falls into each year depends on the corporate form, the activity and the requirements of the bank and the regulator. The three-year calculation comes together with the incorporation quote — before the engagement.

Process

How the work runs

Timelines are split by who is responsible.

01
Consultation and structure

Model, licence type, capital, staff, banking.

One meeting
02
Quote and contract

We fix the scope of work and the amount.

1-2 days
03
Incorporation

Capital deposit and filing with the registry.

3-7 days
04
Licence preparation

Business plan, policies, recruitment, systems.

2-4 months
05
Regulator review

Application, queries and authorisation.

from 3 months
06
Accounts and launch

Operating and safeguarding accounts, start of operations.

The institutions set the timing

The outcome is a European company, and where required a licensed institution with passporting rights, real staff and full reporting.

Scenarios

A company for a specific task

The structure follows the client task and the banking model, not the name of the jurisdiction.

Clients in the EU

BusinessThe customers are EU companies; an EU counterparty and VAT are required.

DirectionAn operating company in the EU with a VAT number and reporting.

BankingAn EU bank looks at contracts, turnover and presence.

IT and services

BusinessDevelopment, consulting and digital work for European clients.

DirectionA company with the relevant activity and local accounting.

BankingCustomer contracts and payment providers are required.

Trade within the EU

BusinessSupplies of goods between EU countries.

DirectionA company with VAT and VIES registration.

BankingThe bank checks the supply chain and the counterparties.

Holding EU assets

BusinessHolding shares in EU companies and distributing profit.

DirectionA holding structure set up with the directives and tax treaties in mind.

BankingAn account for dividends and intra-group settlements.

A scenario does not assign a corporate form automatically: the actual form, licence and bank are checked against the current requirements for your activity.

Why BRIDGES

Who runs the incorporation and what we answer for

The difference shows in how the work is run, not in the promises.

We are honest about licensing

A payment licence takes months, real capital and real people. Anyone promising it in weeks is selling a refusal.

We plan safeguarding early

Client funds need somewhere to sit. We arrange it alongside the application.

We recruit for the regulator

Responsible managers must be approvable, not nominal.

We check the reduced rate

Where the company qualifies, the saving is real; where it does not, we say so.

A full budget before the contract

Capital, staff, office, audit — three years ahead.

We run the annual cycle

Accounts, returns, regulatory reporting and changes stay with us.

FAQ

Questions and answers

It has issued more electronic money and payment institution licences than most European countries, and the regulator built a dedicated process for them.

Realistically six months or more from the start of preparation to authorisation.

It depends on the licence type: a payment institution needs materially less than an electronic money institution.

Yes. The regulator expects management and key functions to be genuinely present in the country.

Yes, authorisation allows the service to be offered across the European Union.

The standard rate applies, with a reduced rate and a first-year relief for qualifying small companies.

Three to seven days for an ordinary company once the capital is deposited.

Straightforward for ordinary business; safeguarding accounts for new payment institutions are genuinely difficult.

Calculation

Get the structure and a full quote before incorporation

Tell us what the product does and whether it needs authorisation. We will identify the right licence, plan the capital and staffing and prepare an honest launch and upkeep budget.

The structure, budget and scope are fixed after the business and the owners are reviewed. Account opening and registration decisions are taken by banks and state authorities.

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