Legal Services for Current and Future Startups in Lithuania

Your start-up needs to get the first steps or accelerate, our experience extends beyond transaction or registration work – we look after our clients through every stage of the company life-cycle.

  • Fundraising and investment agreement. If you need funding and fundraising activities, we assist and advise on the capital increase, the issue of convertible bonds, the issues of joint ventures & strategic alliances. We act in a full range of investor types, including private equity, venture capital, infrastructure funds, and alternative capital providers.
  • Shareholders agreement. The shareholders agreement is intended to make sure that shareholders are treated fairly and that their rights are protected.
  • Employee share option. Employee share option is an excellent tool to align the founder’s, management team’s, and employee’s interests and for everyone to have a collective investment in the company’s future.
  • Start-up visa and blue card. The Blue Card is a permit to legally reside and work in Lithuania and move to another EU Member State to work in a highly-skilled position. In Lithuania, the Blue Card is a temporary residence permit.
  • The Startup Visa. Lithuania has a new talent attraction scheme that provides innovative non-EU entrepreneurs with a streamlined entry process to the Lithuanian startup ecosystem where they can build, grow, and compete in our booming international community.
  • Compliance check-list. Support in preparation of all operational policies, regulatory issues on data protection, mandatory procedures related to employment, and anything you need according to operating field or current situation.


WHY STARTING A BUSINESS IN LITHUANIA?

Setting up a business in Lithuania as a gateway in Europe is easy.

Lithuania has everything you need to make your investment in Europe (EU/EEA area) go further: dynamic talent pool, competitive, growth-oriented business environment, strong focus on continued innovation, EU-leading infrastructure, innovations and R&D, quality and costs, 7 Free Economic Zones in the economic centers of the country.

Business incorporation, legal, accounting, tax, and other services for the companies entering the European market.

Instant access to the common European Union market of 28 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.

Business can be set up electronically in just a few days as long as all the documents are in order. Lithuania is No. 11 in the world for ease of doing business (World Bank Doing Business Report, 2020).

Loreta Andziulytė

Lawyer, attorney at law, partner of the law firm, CIPP/E.

Contact person