Company formation in Lithuania
UAB
Legal minimum, year 1£320
Legal minimum, per year after£100
Typical year 1£1,735
Corporation tax17%Ease Banking
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Every fee
Setting up
Government fee£50
About €57 onlineNotary£70 to 150
Required
Registered address£100 to 300
Required
Formation agent£0 to 400
Optional
Power of attorney or EU e-signature£0 to 150
Optional
Share capital€1,000
Time to form1 to 2 weeks
Running it, per year
Registered address£100 to 300
Required
Accountant£0 to 1,800
Practically needed
Legal minimum after year 1£100
Audit: Exempt below thresholdsForeign ownersNo resident directorRemote with EU e-signature or power of attorney
Tax17% (7% under €300k revenue; 0% first two years for qualifying new companies)Dividend withholding: 15%VAT/GST: 21%
BankingMany EMIs licensed in Lithuania; local banks selective
SourcesLithuania 2026 CIT changes
Questions
- How much does it cost to set up a company in Lithuania?
- The legal minimum for the first year is £320, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £1,735. The government fee is £50 (About €57 online). Share capital is not included.
- How much does it cost per year to run a company in Lithuania?
- The legal minimum after the first year is £100 a year. Running costs including optional and practically needed services range from £100 to 2,100. Audit: Exempt below thresholds.
- Do I need a local director in Lithuania?
- No. No resident director.
- Can a non-resident form a company in Lithuania remotely?
- Yes. Remote with EU e-signature or power of attorney.
- What is the corporation tax rate in Lithuania?
- 17% (7% under €300k revenue; 0% first two years for qualifying new companies). Dividend withholding: 15%. VAT/GST: 21%.
- How long does it take to form a company in Lithuania?
- 1 to 2 weeks.