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    FAQ
Does Lithuanian Law allow to establish a company, those establishers are citizen from other countries?
 Yes, it does, but we suggest you to have the translator or otherwise you have to understand Lithuanian language. 
Does Lithuanian Law allow to reorganize private enterprise into joint stock company?

Yes, it does. You have to provide the following information:

Company’s registration documents, Copy of Identity Card of Shareholders and Director; decision about the amount of the authorised capital (it may not be less than LTL 10,000), nominal value of shares, the price of issue of the shares; decision about company’s registered office address; company’s names (please, chose three) and the objects of the company and type of business activities.

Private enterprises are being reformed, according LR Civil Code, chapter VIII and LR Private enterprise law, article 11 th.
What are requirements for the company’s registered office address?
Agreement of the property owner, which allows to registrate a new company. If the owner of property is private person you must have the agreement, proofed by solicitor. If the owner of property is legal person it’s not necessary to have this agreement, proofed by solicitor. If the owner of property has claims from the third party, it’s necessary to provide the agreement , sight by the third party.
What kind of data we need to know to establish joint stock company, private enterprise and public enterprise?
1. Joint stock company Copy of Identity Card of Shareholders and Director; decision about the amount of the authorised capital (it may not be less than LTL 10,000), nominal value of shares, the price of issue of the shares; decision about company’s registered office address; company’s names (please, chose three) and the objects of the company and type of business activities.

2. Private enterprise Copy of Identity Card of Owner or Director; decision about company’s registered office address; the name of the company (please chose three) and the objects of the company and type of business activities. 

3.Public enterprise Copy of Identity Card of Owner or Director, decision about company’s registered office address; the name of the company (please chose three) and the objects of the company and type of business activities.  



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