Company Establishment

Required company? We can help! All troubles of company`s establishment you can trust for us. Our qualified, experienced professionals with legal and international business management knowledge, will assist You by:
  • Preparation of the company`s establishment documents (memorandum of association, articles of association, the founding shareholders’ decision, minutes, etc.);
  • Filling the forms provided to the Register of Legal Entities;
  • Representing you in the Register of the Legal Entities;
  • Representing you in the State Tax Inspection;
  • Representing in other institutions and organizations;
  • Opening company’s bank account at your required bank
  • Preparation of other corporate documents;

WE OFFER AN ESTABLISHMENT OF VARIOUS LEGAL FORMS LEGAL ENTATIES:
  • Limited liability company;
  • Joint-stock company;
  • Branches / representative offices.
LIMITED LIABILITY COMPANY ( LLC)
It is a limited liability private legal entity whose capital is divided into parts called shares. Closed joint-stock company`s authorized capital should be not less than 10 thousand litas (aprox. 2897 Eur).

It should be noted that shareholders along with the shares recieves property and non-property rights. Property rights of shareholders are related to obtain profit ( dividends ), while non-property rights are related with the ability to participate in corporate governance.

It should be noted that according to Article 2.50 of the Civil Code. 1 d. limited liability company is liable for its obligations only by its own assets. As a private limited company is a limited liability legal person, and in the case of losses, they will be covered with a company's assets.

BRANCH/ REPRESENTATIVE
The branch is a structural unit of a legal person with its registered office and carries out all or part of the legal entity functions. A branch is not a legal entity. Branch operates under regulations approved by the legal entity. Representative of the legal person is a legal entity, with its registered office and the right to perform certain actions: to represent the interests of the legal entity and defend them, to enter into transactions and perform other actions on behalf of the legal entity to carry out export and import operations, but only between foreign legal persons or other organizations that have established branch office or its affiliated companies, agencies, or organizations and agencies. Representative is not a legal entity. Representative operates under regulations approved by the legal entity.

JOINT-STOCK COMPANY ( JSC )
Joint-stock company is a limited liability private legal entity whose capital is divided into parts called shares. Joint-stock company`s authorized capital should be not less than 150 thousand litas (43443 Eur). Securities provides a right to its owners (shareholders ) to participate in management of the company, the right to receive dividends. Shares of Joint-stock company`s can be traded publicly .

If you have any questions please contact : +370 52 000 111