Business Registration in the European Union

Business Registration and Market Entry in the EU

Instant access to the common European Union market of 27 member-states and more than 450 million wealthy consumers.

Ready-made infrastructure for production facilities set up and duty free sales in the European Union.

European Free Economic Zones (Special Economic Zones), tax exemptions, reduced profit tax and governmental grants for foreign investors.

Products and services registration and licensing for sales in the European Union.

Residence and employment permits for non-European businesspersons and employees in Europe.

Corporate and personal documentation notarization, legalization and verification in the Ministry of Foreign Affairs. Apostille in accordance to the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents

Experienced Pan-European Service Provider

ECOVIS – experienced international consultancy service provider specialising in business incorporation and licensing having offices in every European Union member-state and major World economic centers. ECOVIS services companies from Americas and Asia entering European common market.  Local knowledge in the home country and international expertise of the international network of ECOVIS professionals ensure fast and efficient services for every client from almost every country of the world.

Why Choose Lithuania for Business in Europe?

• Looking from the perspective of logistics, Lithuania is a truly convenient country. All European capitals, for instance, can be easily reached from 3 Lithuanian international airports (in Vilnius, Kaunas, and Klaipėda) by making a two-three-hour flight and not longer. Rail, sea transportation systems, and the road transport system are extremely well-developed in Lithuania as well.
• The highest internet data transfer rate as compared to the rest of the EU (104 Mbps / 101 Mbps Average fixed broadband download/upload speed) and excellent access to fiber-optic Internet technologies make Lithuania a perfect location for international business.
• 53 % of the population speak at least two foreign languages and 85 % of young professionals who proficient in English.
• Many qualified and motivated professionals are currently working in Lithuania. There are more than 26 000 students in innovation-related programs and 22 500 students in finance, economics, business administration, and related programs. For this reason, the effectiveness of this country and the quality of life are increasing rapidly.
• It takes just 1 day to register a business in Lithuania using an e-signature.
• 3rd lowest corporate profit tax in Central and Eastern Europe (CEE) and 0% tax on profits in Free Economic Zones

International Rankings and Investment Climate

High rankings granted to Lithuania recently confirms preferable business conditions, good investment possibilities, capacity to create a good well-being of the country:

• 11^th position in the World Bank’s Doing Business 2020 report measuring business conditions;
• 1^st on Global Talent Competitiveness Index by ease of hiring (INSEAD, Global Talent Competitiveness Index, 2019);
• 6^th on the 2020 International Tax Competitiveness Index;
• 15^th freest economy in the world (2021 Index of Economic Freedom). Lithuania is ranked 8^th among 45 countries in the Europe region, and its overall score is above the regional and world averages;
• 31^th position in the 2020 IMD World Competitiveness Index. IMD Institute assesses how the countries are able to use available resources and competencies to increase their prosperity;
• 6^th place globally for the best work-life balance (OECD Better Life Index, 2019);
• 18^th position in Paying Taxes Ranking 2019, ranked by PwC and the World Bank Group.

Free Economic Zones in European Union. Profit Tax Exemptions.

Financial Institution Licensing.