Start a Startup in Lithuania
Lithuania combines a fully digital, fast UAB registration with a dedicated Startup Visa — one of the more streamlined routes into the EU for non-EU founders.
BIZ TRP confirms what your case actually needs before you commit to anything.
At a glance
- Entity
- UAB (Uždaroji akcinė bendrovė)
- Capital
- 1000 EUR minimum initial aggregate contribution — reduced from €2,500, 2023
- Remote formation
- Yes — via a Qualified Electronic Signature via the Centre of Registers self-service portal
- Corporate tax
- 17% — Special rates apply for small businesses, credit institutions, and specific sectors.
- VAT
- 21%
- Registration time
- 1–3 business days
Lithuanian Startup Visa
- Who it's for
- Non-EU founders establishing an innovative startup
- Duration
- Up to 1 year, renewable
- Approval via
- A committee evaluating your business plan
Startup visa requirements
- An innovative business plan
- Committee approval
Registration process
Choose your legal entity
Most startups register as a UAB (Uždaroji Akcinė Bendrovė), offering full limited liability and investor credibility.
Prepare incorporation documents
Draft the Articles of Association; decide founders, share structure, and business activities.
Register the company
Online via the Centre of Registers — typically completed in 2–5 business days.
Register for tax
Obtain a VAT number if required; register with the State Tax Inspectorate and Social Insurance Fund (Sodra).
Apply for the Startup Visa
Requires an innovative business plan and committee approval — grants up to 1 year residence, renewable.
What it costs
Government fees
- Share capital
- 1,000 EUR
- Registry filing
- 12.11 EUR electronic + 4.22 EUR data registration — 30–60 EUR typical total for registry procedures
BIZ TRP fees
- Route confirmation & application support
- Ask us for a quote — from €120/hour
Why Lithuania
- Fast, fully digital formation — register entirely online with minimal bureaucracy.
- Startup Visa — designed for non-EU founders building scalable businesses.
- Business-friendly environment — ranked highly in Europe for ease of doing business.
- Fintech and IT hub — a recognized center for fintech and software startups, especially Vilnius.
- EU market access — full European Single Market membership.
- Supportive ecosystem — Startup Lithuania, accelerators, incubators, and VC access.
- Cost-efficient operations — lower office and labor costs than Western Europe.
Ready to start your company in Lithuania?
BIZ TRP confirms the real requirements for your Lithuania startup — company formation and visa, together.
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