Company in Lithuania UAB

Call Directions Website Contact the business

Company in Lithuania UAB Company in Lithuania UAB offers corporate, accounting, legal, and business development services. 🇱🇹

🇱🇹 **Beneficial Owner Registration in Lithuania: JANGIS Guide**If you own or control a Lithuanian company, one complianc...
13/10/2026

🇱🇹 **Beneficial Owner Registration in Lithuania: JANGIS Guide**

If you own or control a Lithuanian company, one compliance step you should not overlook is **JANGIS - Lithuania’s beneficial ownership register**.

Lithuanian legal entities, including UAB companies, must obtain, keep and update accurate information about their **ultimate beneficial owners (UBOs)**.

👤 **Who is a beneficial owner?**

Generally, it is the natural person who ultimately owns or controls the company. A person holding more than **25% of the shares or voting rights**, directly or indirectly, is normally treated as a beneficial owner. Control can also arise through other means.

📌 **What must be done?**

✅ Identify the ultimate natural persons behind the ownership structure
✅ Submit the beneficial-owner information electronically through JANGIS
✅ Make sure the ownership chain is correctly disclosed
✅ Update JANGIS when ownership or control changes
✅ Keep the information accurate and current

⚠️ **Important:** Updating shareholders in JADIS does NOT automatically update JANGIS. These are separate reporting systems.

Foreign shareholders can make the process more complex, especially where ownership passes through several foreign companies. Supporting information on the ownership chain and foreign individuals may be required.

Even an inactive Lithuanian company is generally still subject to beneficial-owner reporting obligations.

**Why does JANGIS matter?**

Banks, payment institutions and other obliged entities use beneficial ownership information for KYC and AML compliance. Incorrect or outdated information can cause delays in banking and corporate procedures.

At **Company in Lithuania UAB**, we assist foreign-owned companies with JANGIS registration, shareholder changes and ongoing corporate compliance.

📩 **Need to register or update your Lithuanian company’s beneficial owners?** Contact us.

🇱🇹 What Happens If a Lithuanian Company Does Not Submit Annual Reports?Annual financial statements are not optional for ...
09/10/2026

🇱🇹 What Happens If a Lithuanian Company Does Not Submit Annual Reports?

Annual financial statements are not optional for a Lithuanian UAB - even if the company had no activity during the year.

So, what can happen if annual reports are not filed?

⚠️ 1️⃣ Fines for the company director

Failure to submit annual financial statements on time may result in administrative liability. The responsible person may face a fine of €600–€1,450.

2️⃣ Public non-compliance information

The Register of Legal Entities identifies companies that have failed to submit annual financial statements for more than 12 months.

This can create difficulties during:

🔹 Bank and payment-provider compliance checks
🔹 Financing applications
🔹 Investor or buyer due diligence
🔹 Business-partner KYC
🔹 Corporate transactions

3️⃣ Risk of compulsory liquidation

If the required financial documents remain unfiled for more than 12 months after the statutory filing deadline, the Registrar has the right to initiate liquidation of the legal entity.

4️⃣ “Dormancy” does not solve the problem

Temporarily stopping business activity does not cancel the obligation to prepare and submit annual financial statements.

📌 If reports from previous years are overdue, the safest approach is to restore the accounting records and submit the missing reports as soon as possible.

At Company in Lithuania UAB, we assist foreign-owned companies with:

✅ Accounting restoration
✅ Annual financial statements
✅ Late filings
✅ Tax declarations
✅ Ongoing company compliance

📩 Have overdue annual reports in Lithuania? Contact us to bring your company back into compliance.

🇱🇹 **Dormant Lithuanian Company: Accounting, Tax and Reporting Obligations**Not using your Lithuanian UAB at the moment?...
06/10/2026

🇱🇹 **Dormant Lithuanian Company: Accounting, Tax and Reporting Obligations**

Not using your Lithuanian UAB at the moment? A company with no active business is **not automatically free from compliance obligations**.

A “dormant” or temporarily inactive company still legally exists in Lithuania until it is liquidated and removed from the Register of Legal Entities.

📌 **What still needs to be done?**

1️⃣ **Accounting records**
Even if there are no sales or business transactions, the company must maintain proper accounting records and supporting documents.

2️⃣ **Annual financial statements**
A Lithuanian UAB must continue preparing and filing **annual financial statements** - even if the company has no activity.

3️⃣ **Tax declarations**
A company that genuinely carries out no transactions, receives no business income and makes no settlements with other entities may notify **VMI** of temporary inactivity and request exemption from certain tax declarations.

⚠️ This exemption is not automatic and can generally be granted for up to **3 years**. It does **not** remove the obligation to file annual financial statements.

4️⃣ **VAT status**
If an inactive company is VAT registered and requests exemption from VAT returns due to inactivity, it may be deregistered from the VAT register.

5️⃣ **Corporate information**
The company must still maintain correct registered-office, director, shareholder and beneficial-owner information.

❗ Leaving a company unused is **not the same as closing it**.

If you no longer plan to use your Lithuanian UAB, consider whether maintaining or formally liquidating it is more suitable.

At **Company in Lithuania UAB**, we assist with accounting, annual reports, tax compliance and company liquidation.

📩 Contact us to keep your Lithuanian company compliant.

🇱🇹 Branch vs UAB in Lithuania: Which Structure Is Better?Planning to expand your business to Lithuania? Foreign investor...
02/10/2026

🇱🇹 Branch vs UAB in Lithuania: Which Structure Is Better?

Planning to expand your business to Lithuania? Foreign investors usually consider two main options: registering a Lithuanian UAB or opening a branch of a foreign company.

Here are the key differences:

🔹 Legal status
A UAB is a separate Lithuanian legal entity.
A branch is not a separate legal entity — it remains part of the foreign parent company.

🔹 Liability
With a UAB, the company’s obligations are generally separate from those of its shareholders.
With a branch, the foreign parent company remains directly responsible for the branch’s obligations.

🔹 Share capital
A Lithuanian UAB currently requires minimum share capital of €1,000.
A branch does not have separate share capital.

🔹 Management
A UAB has its own director.
A branch must appoint a manager authorised to represent it in Lithuania.

🔹 Accounting & tax
Both structures may have Lithuanian accounting, VAT, payroll and tax obligations.
A branch does not automatically mean less tax or less reporting.

🔹 Annual reporting
A UAB files its own annual financial statements.
A branch may also need to submit financial information relating to its foreign parent company.

📌 Which structure is more suitable?

A branch may work well if an existing foreign company wants to operate directly in Lithuania under the same legal entity.

A UAB may be preferable if you want a separate Lithuanian company, limited liability, independent ownership structure and greater flexibility for future investors.

There is no one-size-fits-all answer — the right structure depends on your business model, tax position and long-term plans.

At Company in Lithuania UAB, we assist with UAB formation, branch registration, VAT, accounting and ongoing compliance.

📩 Contact us to discuss the most suitable structure for your business.

Importing Goods From China Into Lithuania: VAT, EORI & CustomsPlanning to import through a Lithuanian company? Check the...
29/09/2026

Importing Goods From China Into Lithuania: VAT, EORI & Customs
Planning to import through a Lithuanian company? Check these points before shipping:
1️⃣ EORI. Your company needs an EORI number to complete EU customs formalities.
2️⃣ Product classification. Identify the correct CN/TARIC code and origin. These determine the applicable duty and may reveal anti-dumping measures, restrictions or licence requirements. There is no single duty rate for all goods from China. Lietuvos Respublikos muitinė
3️⃣ Customs duty and VAT. Duty depends on the customs value and applicable tariff. Lithuania’s standard VAT rate is 21%. Import VAT is generally calculated on the customs value plus duty, relevant taxes and qualifying transport or other costs. European Commission
Example: €10,000 customs value + €500 duty = €10,500 simplified VAT base; 21% VAT = €2,205. Actual costs may change the result.
4️⃣ VAT deduction and cash flow. A VAT-registered Lithuanian company may deduct import VAT if the goods are used for activities that give a right to deduction and the documentation requirements are met. Qualifying Lithuanian VAT payers may account for import VAT through VMI instead of paying it to Customs. European Commission
5️⃣ Clearance and compliance. Prepare the invoice, packing list, transport documents and evidence of value and origin. Submit a customs declaration and check product-specific EU rules, including safety, labelling, CE marking or licences where applicable.
Once released into free circulation, goods can generally move within the EU without another import customs procedure.
At Company in Lithuania UAB, we assist with company formation, VAT and EORI registration, import VAT accounting and ongoing bookkeeping.
📩 Contact us before your first shipment to plan the customs and tax process.

🇱🇹 Selling on Amazon Through a Lithuanian Company: VAT & OSSPlanning to sell on Amazon through a Lithuanian company?For ...
25/09/2026

🇱🇹 Selling on Amazon Through a Lithuanian Company: VAT & OSS

Planning to sell on Amazon through a Lithuanian company?

For EU e-commerce, VAT obligations depend mainly on where your customers are located and where your products are stored.

📦 If a Lithuanian company sells goods to private customers in other EU countries, EU distance-selling rules may apply.

The EU has a €10,000 annual threshold for qualifying cross-border B2C sales. Once exceeded, VAT is generally charged at the rate applicable in the customer’s country.

💡 This is where OSS can help.

The One Stop Shop allows eligible Lithuanian businesses to report and pay VAT on qualifying B2C sales in multiple EU countries through a single OSS registration instead of registering separately in every customer’s country.

🇱🇹 Lithuania’s standard VAT rate is 21%, but sales to consumers in other EU countries may require applying the VAT rate of the destination country.

⚠️ Using Amazon FBA?

If Amazon stores your goods in warehouses in other EU Member States, additional VAT registrations may be required. Keeping stock abroad or making local sales from foreign warehouses can create domestic VAT obligations that OSS does not replace.

🛒 Amazon sellers should consider:

• Lithuanian VAT registration
• €10,000 EU threshold
• OSS registration and reporting
• VAT rates in customer countries
• Amazon FBA warehouse locations
• VAT registration where stock is stored
• Cross-border inventory movements
• VAT accounting and reporting

✅ Lithuanian company + Amazon + EU sales = proper VAT planning is essential.

📩 Professional VAT and accounting support can help structure your Amazon operations, manage OSS reporting and maintain EU tax compliance.

🇱🇹 7 Things You Must Do After Registering a Company in LithuaniaYour Lithuanian UAB has been registered — but incorporat...
23/09/2026

🇱🇹 7 Things You Must Do After Registering a Company in Lithuania

Your Lithuanian UAB has been registered — but incorporation is only the beginning.

To operate legally and efficiently, several important steps should follow.

1️⃣ Formalise the Director’s Employment
A Lithuanian UAB must have a director. The employment relationship and applicable social-security obligations should be properly arranged. For directors working abroad, cross-border tax and social-security rules may also apply.

2️⃣ Register Beneficial Owners in JANGIS
Lithuanian companies must disclose their ultimate beneficial owners (UBOs) through JANGIS. This information is often required by banks, accountants, licensing authorities and business partners.

3️⃣ Arrange Accounting From Day One
Your company should maintain proper records of invoices, expenses, bank transactions, payroll, taxes and supporting documents. Annual reporting obligations may apply even with little or no activity.

4️⃣ Open a Business Account
Keep company and personal finances separate. Any personal payments made on behalf of the company should be properly documented.

5️⃣ Check VAT Obligations
VAT registration may depend on turnover, EU transactions, cross-border services, e-commerce, imports or exports. In some cases, VAT obligations arise before the standard domestic threshold is reached.

6️⃣ Obtain Required Licences
Registration of a UAB does not automatically permit regulated activities. Additional licences or registrations may be required for financial services, transport, recruitment, food, healthcare and other sectors.

7️⃣ Prepare for Ongoing Compliance
Depending on your activities, obligations may include corporate tax, VAT, payroll reporting, annual financial statements and updates to corporate or UBO information.

At Company in Lithuania UAB, we assist foreign entrepreneurs with accounting, VAT, payroll, JANGIS registration, annual reporting and corporate legal services.

📩 Contact us to make sure your Lithuanian UAB is compliant from day one.

🇱🇹 How Can a Foreign Shareholder Withdraw Money From a Lithuanian UAB?A Lithuanian UAB is a separate legal entity, so co...
18/09/2026

🇱🇹 How Can a Foreign Shareholder Withdraw Money From a Lithuanian UAB?

A Lithuanian UAB is a separate legal entity, so company funds cannot simply be treated as the shareholder’s personal money.

Here are the main legal ways a foreign shareholder may receive funds:

💰 1. Dividends
Dividends may be paid from distributable profits after the required corporate decision. For an individual foreign shareholder, Lithuanian dividends are generally subject to 15% withholding tax, although a tax treaty may reduce the rate.

If the shareholder is a foreign company, different corporate tax and exemption rules may apply, including participation-exemption conditions.

💼 2. Salary or Director Remuneration
If the shareholder also works for the company or acts as director, payments may be made for actual work performed. Tax treatment depends on tax residence, where the work is performed, social-security rules and the applicable tax treaty.

💳 3. Reimbursement of Business Expenses
Properly documented business expenses paid personally on behalf of the UAB may be reimbursed. This can include business travel, company purchases and professional services.

🤝 4. Repayment of a Shareholder Loan
If the shareholder previously lent money to the company under a documented loan agreement, the principal may be repaid. Interest may have separate tax consequences.

⚠️ A transfer from the company account to a personal account should always have a clear legal and accounting basis: dividend, salary, reimbursement, loan repayment or another documented transaction.

At Company in Lithuania UAB, we assist with dividends, accounting, payroll, director remuneration, shareholder loans and cross-border tax matters.

📩 Contact us before withdrawing funds so the payment can be structured and documented correctly.

🇱🇹 **How Much Does It Cost to Maintain a Lithuanian Company Per Year?**Opening a company in Lithuania is only the first ...
15/09/2026

🇱🇹 **How Much Does It Cost to Maintain a Lithuanian Company Per Year?**

Opening a company in Lithuania is only the first step. Foreign shareholders should also plan for the ongoing costs of keeping a Lithuanian UAB compliant.

💶 **Typical annual costs may include:**
🔹 Accounting — from €250/month for a non-VAT company
🔹 VAT accounting — from €350/month for a VAT-registered company
🔹 Registered legal address — from €400/year
🔹 Annual financial statements — from €650/year
🔹 Payroll administration — if the company has a director or employees
🔹 Additional legal, tax or corporate services where required

📊 **Example: Non-VAT company**
Accounting: €250 × 12 = €3,000
Registered address: €400
Annual financial statements: €650
➡️ **Estimated annual cost: from €4,050 + VAT**

📊 **Example: VAT-registered company**
Accounting: €350 × 12 = €4,200
Registered address: €400
Annual financial statements: €650
➡️ **Estimated annual cost: from €5,250 + VAT**

The final cost depends on the company’s activity, including:
✅ Number of invoices and bank transactions
✅ VAT status
✅ Employees and payroll
✅ International or e-commerce transactions
✅ Import/export activity
✅ Complexity of annual reporting

Director or employee salaries, payroll taxes, bank fees, audits, licences and one-off legal changes are normally calculated separately.

📌 Even companies with limited or no activity must maintain proper corporate records and comply with applicable annual reporting obligations.

At **Company in Lithuania UAB**, we support foreign-owned Lithuanian companies with accounting, VAT compliance, payroll, annual reports, registered address and corporate legal services.

📩 **Want to estimate your annual maintenance costs?** Contact us with your expected activity, transaction volume and VAT status.

🇱🇹 Does a Foreign Director of a Lithuanian Company Need to Pay Himself a Salary?Generally, yes — if we are talking about...
11/09/2026

🇱🇹 Does a Foreign Director of a Lithuanian Company Need to Pay Himself a Salary?

Generally, yes — if we are talking about the director of a Lithuanian UAB.

One of the most common questions from foreign founders is:

💬 “If I own the Lithuanian company and I am also its director, do I need to pay myself a salary?”

Under Lithuanian company law, the director of a UAB must generally have an employment contract with the company, and the director’s remuneration must be formally established.

Being a foreign citizen, non-resident or shareholder does not by itself remove this requirement.

📌 How does it work?

✅ The director is formally appointed
✅ The salary is approved
✅ An employment contract is concluded
✅ The employment relationship is reported
✅ Tax and social-security obligations are assessed

If you are both the sole shareholder and director, the remuneration should still be properly documented through corporate decisions and employment documentation.

🌍 What if the director lives outside Lithuania?

Cross-border situations require additional analysis. The applicable:

🔹 Personal income tax
🔹 Social-security contributions
🔹 Payroll obligations
🔹 Double-taxation treaty rules

may depend on the director’s tax residence and where the work is physically performed.

Salary for work performed in Lithuania is generally subject to Lithuanian employment taxation, while work performed abroad may require a different tax and social-security treatment.

⚠️ Dividends and salary are not the same. Receiving dividends as a shareholder does not automatically replace the obligations connected with the director’s employment.

At Company in Lithuania UAB, we assist foreign founders with:

🔹 Director employment documentation
🔹 Payroll and accounting
🔹 Tax and social-security assessment
🔹 Company formation in Lithuania
🔹 Ongoing corporate compliance

📩 Planning to become a director of your Lithuanian company? Contact us to structure the arrangement correctly from the beginning.

Address

Lvovo Gatvė 25
Vilnius
09320

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

Telephone

+37068021596

Website

Alerts

Be the first to know and let us send you an email when Company in Lithuania UAB posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Company in Lithuania UAB:

Shortcuts

Share

Category