Open a Liaison Office in Lithuania

Updated on Thursday 06th December 2018

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Open-a-liaison-office-in-Lithuania.jpgThe representative or liaison office is one of the three available business forms foreign companies interested in having a presence in Lithuania. The other two types of legal forms foreign companies can use are the branch office and the subsidiary.

Our company formation agents in Lithuania can assist overseas companies interested in registering a representative office in this country.

Steps to open a liaison office in Lithuania

The first step to set up a liaison office in Lithuania is for the management board or executives to adopt a decision on the establishment of the office. Following that, the resolution must be approved by the company’s shareholding and the registration process can begin.

The next steps must be completed with the Lithuanian Trade Register and imply:

  1. filing the resolution for opening the representative office in Lithuania;
  2. finding a business address which will be used as the liaison office’s official address in Lithuania;
  3. appointing a local representative who will keep in touch with the Lithuanian authorities;
  4. Obtaining the approval of the Trade Register to start its operations.

It should be noted that a Lithuanian representative office is subject to certain restrictions, which is why it is usually employed by foreign companies for short periods of time.

The uses of a representative office in Lithuania

As mentioned above, a Lithuanian liaison office is subject to certain restrictions which are shown in the table below:

 Activity  Restrictions
 Commercial activities   No
 Signing contracts on behalf of the parent company   No
 Completing marketing activities   Yes
 Representing the foreign company in relation to business partners   Yes
 Acting as a contact point for clients   Yes

Our company registration consultants in Lithuania can help with the establishment of a representative office.

Why open a liaison office in Lithuania?

Even if it cannot undertake commercial activities in Lithuania, the liaison office is a good choice for companies interested in surveying the market before setting up a permanent establishment. Also, the establishment of a liaison office is cheaper and does not imply any share capital deposit from the parent company.

For assistance in opening a liaison office or a new company, please contact our company formation advisors in Lithuania.

 

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