FAQs

1. How long does it take to open a company in Vilnius?

2-3 weeks.

2. What is the rate of corporate tax in Vilnius?

5%.

3. What is the VAT rate in Lithuania?

21%.

4. What is the company incorporation process in Vilnius?

Prepare the AOA
Make a temporary company name reservation (optional)
Open a savings account for accumulation.
Share capital should be transferred to the such accumulative account
The founding paperwork at a registered notary's office for notarization
Finalize the legal entity of the company
Convert the accumulative bank account into a settlement account
Get an electronic signature that has been verified (only needed for online company registration)

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*Prices valid till 30th Sep 2022