1. Reservation of the company name at the Centre of Registers (RC)

•  The uniqueness of the selected company name is checked.
•  An application is submitted through the Centre of Registers self-service system..
•  The name is reserved for6 months.
•  A reservation confirmation is received.

2. Preparation of the Articles of Association (Incorporation Documents)

The Articles of Association define:

• Company name.
• Legal form (e.g., UAB or MB).
• Registered office address.
• Share capital:
  • UAB – minimum EUR 1,000.
  • MB – from EUR 1.
• Number of shares and their nominal value (for UAB).
• Management structure (Managing Director, Board of Directors, if applicable).
• Decision-making procedures.

3. Determination of Business Activities

This stage includes:

• Defining the company’s primary and secondary business activities.
• Selecting the appropriate EVRK activity codes.
• Assessing whether any licenses or permits are required (e.g., transportation, construction, catering, or other regulated activities).
• Preparing a clear business activity description for the incorporation documents

4. Registration of the Registered Office Address

• Obtain the property owner’s consent.
• Prepare the registered office consent document.
• Include the registered address in the incorporation documents.

5. Share Capital Formation and Bank Account Opening

Share Capital

• Select a bank.
• Open a temporary capital deposit account.
• Deposit the required share capital:
  • UAB – minimum EUR 1,000.
  • MB – from EUR 1.
• Obtain a bank confirmation of the deposited funds.
• After company registration, transfer the capital to the company’s current business account.

Business Bank Account

• If additional accounts are required, select an alternative bank or fintech institution.
• Submit the incorporation documents.
• Complete the KYC (Know Your Customer) verification process.
• Activate the corporate business account.

6. Certification of Incorporation Documents and Registration with the Register of Legal Entities

• If the company is not incorporated electronically, the incorporation documents must be notarized.
• If the standard Register Centre Articles of Association are used, incorporation can be completed entirely online.
• Submit the incorporation documents to the Register Centre.
• Pay the applicable state registration fee.
• The company is officially registered and assigned a legal entity registration number.

7. Registration with the State Tax Inspectorate (VMI)

The company is automatically registered as a taxpayer.

Where applicable, additional registration may be completed as:

• a VAT payer.

8. Accounting Setup

• Appoint an accountant or accounting firm.
• Approve the company’s accounting policy (recommended).
• Prepare internal accounting documentation.
• Implement an accounting system.

9. Registration with Sodra

If the company intends to employ staff:

• Register as an employer with Sodra.
• Submit employee hiring notifications.

10. Additional Actions (If Required)

Depending on the nature of the business, additional procedures may include:

• Obtaining licenses and permits.
• Registration with the Intrastat system.
• Cash register registration.
• Obtaining a qualified electronic signature.
• Preparing internal company documentation, including:
  • Internal work regulations;
  • GDPR compliance documentation;
  • Other mandatory internal policies and procedures.

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From idea to an operating business — smoothly, safely, and strategically

When establishing a company, it is important not only to submit documents to the Centre of Registers. Equally important is choosing the right structure, assessing tax risks, planning the financial model, and creating a solid foundation for growth from day one.

We do not just register companies — we help build them correctly.

1. Company name reservation at the Centre of Registers

We check the uniqueness of your chosen company name and reserve it in the Register of Legal Entities.

We ensure that the name:

• complies with legal requirements
• does not create future legal or branding risks

2. Business model selection and EVRK/NACE activity codes

We help accurately define your business activity, including:

• selection of appropriate EVRK/NACE codes
  (Lithuanian Classification of Economic Activities / Statistical Classification of Economic Activities in the European Community)
• assessment of licensing or permit requirements
• tax authority and audit risk analysis

A correctly defined activity reduces future tax risks.

3. Preparation of the Articles of Association

We prepare incorporation documents that clearly define:

• company structure
• management model
• share capital amount
• shareholders’ rights
• decision-making procedures

If needed, we adapt the Articles to non-standard or complex business models.

4. Registered office formalization

We handle all matters related to the registered office, including:

• preparation of owner consents
• required legal documentation

5. Share capital formation

We support the full process of capital formation:

• opening of a temporary accumulation account
• advisory on optimal share capital size
• coordination of capital contribution process

6. Bank account opening

We assist with preparation for bank or fintech onboarding (KYC process):

• document preparation
• support during compliance checks
• communication with financial institutions

7. Registration in the Register of Legal Entities

We manage the full registration process:

• submission of documents
• obtaining the legal entity code

8. Registration with the State Tax Inspectorate and Sodra

We ensure full tax and employer setup:

• company tax registration
• VAT registration advisory
• employer registration
• preparation of initial financial documents

9. Accounting system setup

We establish a proper accounting foundation from day one:

• accounting policy definition
• document structure setup
• financial flow assessment
• internal control mechanisms

We approach your business as a tax authority and auditor would — to eliminate future surprises.

Why establish a company with us?

• Strategic approach — not just document filing
• Tax risk assessment before operations begin
• Financial stability model from day one
• Modern communication and technology in one workflow

We are not just registration service providers.

We are analysts who help businesses start on the right foundation.