company formation lithuania



Company Formation Lithuania



Obtain Business Permits and Licenses in Lithuania

Updated on Friday 22nd January 2021

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Obtain-business-permits-and-licenses-in-Lithuania.jpgLithuania is a very appealing investment destination for foreign investors from both the EU and outside it. The local workforce which comprises young and well-prepared individuals, the legislation which favors foreign direct investments and the easy registration procedure of a company are just a few of the appealing factors for starting a business in Lithuania.

Speaking about the company registration procedure, one of the most important steps when starting a business in Lithuania is obtaining the necessary licenses and permits in order be able to operate.

Below, our company formation agents in Lithuania offer information about the main types of business licenses and permits needed to open a company.

Business license and permit types in Lithuania

There are two main categories of business licenses and permits to be obtained when opening a company in Lithuania. The first one is related to the ordinary permits, such as the business license issued upon company incorporation, while the other category is related to the licenses required for specific activities.

The following business licenses must be obtained by certain companies in Lithuania:

  • -          the catering license for companies operating in the food manufacturing industry;
  • -          the construction license which is required for construction companies in Lithuania;
  • -          the license for selling and manufacturing tobacco and alcoholic products;
  • -          the pharmaceutical license used by companies producing and marketing pharmaceutical products;
  • -          the business permit required to manufacture and sell oil-based products;
  • -          the transportation license employed by local transporting companies.

It must be noted that separate licenses are required to transporting goods and passengers.

How to obtain business licenses and permits in Lithuania

The Civil Code is the main law stipulating that all Lithuanian companies need to obtain one or more business permits before starting any economic activity. In order to obtain any business license in Lithuania, a company must:

  • -          prepare the necessary documents related to its activities;
  • -          prove certain qualifications, where the case requires;
  • -          file the business licensing application only after the company is registered.

For full information on how to apply for business licenses and permits, please contact our company registration consultants in Lithuania.

Meet us in Vilnius

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Marijus Šaras is our experienced corporate lawyer who can help clients open companies in Lithuania.

Call us now at +37061578743 to set up an appointment with our lawyers in Vilnius, Lithuania. Alternatively you can incorporate your company without traveling to Lithuania.

As our client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Lithuania.

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