Businesses can be up and running in just three days, thanks to a streamlined registration process. Here’s how it works:
Open a bank account, which costs €30 and takes one day. Your bank card will arrive within 5 working days. You can find all of the banks that are operating in Lithuania here.
Have your company documents notarised, which takes one day. Find a notary online here.
Register your company at the Centre of Registers – it can be done online or in person. The Centre will help you make your business legally recognised by the state, which takes 3 days.
It’s that simple! That’s why we’re No. 2 in the EU in ease of starting a business (World Bank Doing Business Report, 2016).