Easy Inspire MB is an approved Lithuanian company incorporated at the VALSTYBĖS ĮMONIŲ REGISTRŲ CENTRAS.
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Easy Inspire MB is an approved Lithuanian company incorporated at the VALSTYBĖS ĮMONIŲ REGISTRŲ CENTRAS.
Business Immigration to Lithuanian
Welcome to Easy Inspire MB, a dedicated business immigration consultancy based in Lithuania. We specialize in guiding entrepreneurs, investors, and professionals through the entire process of establishing or expanding their businesses in Lithuania, leveraging our local expertise and industry connections to make the journey smooth and successful. Our team is committed to providing personalized support at every step—from strategic planning and legal registration to navigating visa and residency requirements. With a deep understanding of Lithuanian regulations and market dynamics, we help you build a solid foundation for growth in one of Europe’s most promising business landscapes.
Why Choose Lithuania for Business Immigration?
Lithuania stands out as a desirable destination for business immigrants due to several key advantages:
1. Strategic Location: Situated at the crossroads of Northern, Eastern, and Central Europe, Lithuania offers businesses access to the European Union’s single market, as well as neighboring countries like Russia, Belarus, and Ukraine.
2. Supportive Business Environment: Ranked highly in ease of doing business by the World Bank, Lithuania provides entrepreneurs with minimal bureaucratic barriers, favorable tax incentives, and comprehensive support systems for businesses, especially in sectors like technology, manufacturing, and logistics.
3. Highly Skilled Workforce: With a well-educated, multilingual workforce, Lithuania offers businesses a competitive advantage in terms of talent, particularly in technology and finance sectors.
4. Digital Infrastructure: Known for its advanced digital infrastructure, Lithuania offers businesses fast and reliable internet services, as well as a burgeoning fintech industry supported by government policies aimed at digital innovation.
5. Access to the EU Residence and Market: By establishing a business in Lithuania, entrepreneurs and investors can gain residency in an EU country, facilitating travel and business operations throughout the Schengen area and beyond.
Types of Business Immigration Visas and Permits
Lithuania offers several visa and residence permit options for business immigrants, based on their needs and level of investment:
1. Temporary Residence Permit for Business Purposes: Designed for entrepreneurs who wish to start or expand a business in Lithuania, this permit allows individuals to reside in Lithuania and work towards establishing their enterprise.
2. Startup Visa: Aimed at innovative entrepreneurs looking to create startups, the Startup Visa is a streamlined residence permit program that provides support and mentoring for tech and high-growth companies.
3. Investment-Based Residency: Investors who contribute significant capital to the Lithuanian economy may qualify for residency permits based on investment, with additional pathways toward permanent residency or citizenship.
4. EU Blue Card: For highly skilled professionals employed by Lithuanian companies, the EU Blue Card offers residency and work authorization across the European Union.
Tax and Financial Considerations
Tax and Financial Considerations
Lithuania offers a competitive tax environment with various incentives for businesses, particularly for small and medium-sized enterprises (SMEs) and startups:
Corporate Income Tax: The standard corporate income tax in Lithuania is 15%, but certain small businesses may qualify for a reduced rate of 5%.
Value Added Tax (VAT): The standard VAT rate is 21%, but reduced rates are available for specific goods and services.
R&D Tax Incentives: Lithuania provides a 200% deduction on eligible research and development expenses, fostering innovation and investment in technology.
Pathways to Permanent Residency and Citizenship
Business immigrants can apply for permanent residency after five years of continuous residence in Lithuania, provided they have fulfilled visa requirements and maintained legal residence. Permanent residency allows individuals to live and work in Lithuania without restrictions and offers access to the broader EU job market.
Citizenship applications are available to permanent residents after ten years, granting full EU citizenship benefits. Applicants must demonstrate proficiency in the Lithuanian language and pass a citizenship test.
Support Services for Business Immigrants
Lithuania provides various support programs and resources for business immigrants, such as:
Invest Lithuania: A government agency offering information, guidance, and support for foreign investors and entrepreneurs.
Startup Visa Program: Tailored to tech entrepreneurs, the program provides mentoring, networking opportunities, and additional resources.
Lithuanian Innovation Centre: Assists businesses in developing innovative products and services, offering support with R&D and access to EU funding programs.
Here's a step-by-step guide for the business immigration process to Lithuania:-
1. Research and Business Planning
Market Research: Begin by analyzing the Lithuanian market to understand demand, competition, and the feasibility of your business idea.
Business Plan Development: Prepare a detailed business plan outlining your goals, financial projections, and growth strategies. The plan will be essential for registration and permit applications.
Choose Business Structure: Select the appropriate business structure, such as a limited liability company (UAB), branch office, or representative office, based on your operational and legal needs.
2. Company Registration
Legal Entity Registration: Register your business with the Lithuanian Register of Legal Entities. For an LLC, you will need to provide key information, including the company name, structure, and management details.
Required Documentation: Submit necessary documents like the business plan, identification proof (passport or ID), and details about the business address.
Open a Bank Account: In many cases, opening a local bank account is required for capital deposit purposes, especially for LLCs.
3. Apply for a Visa and Residence Permit
Determine the Type of Permit: Depending on your business, apply for the appropriate visa or temporary residence permit for business purposes.
Application Submission: Submit the application through the Lithuanian Migration Department or a Lithuanian consulate in your home country.
Supporting Documents: Include documents such as your business plan, proof of funds, investment details, and any relevant qualifications.
Proof of Funds: Provide evidence of sufficient financial resources to support yourself and cover the initial investment or operational costs of the business.
4. Approval and Obtaining the Residence Permit
Application Review and Approval: Lithuanian authorities will review the application and may ask for additional information.
Permit Issuance: If approved, you will receive a temporary residence permit, typically valid for 1–3 years. This permit allows you to live and work in Lithuania for business purposes.
Permit Collection: You may need to collect the residence permit from the relevant authorities in Lithuania or your consulate.
5. Establishing Business Operations
Setting Up Operations: Begin actual business operations, such as renting office space, hiring employees, and setting up utilities and other essential services.
Compliance with Local Regulations: Register for tax and social security purposes, hire local staff (if required), and follow employment and business regulations.
Financial Reporting: Prepare and submit periodic financial reports and maintain transparent records for tax purposes.
6. Ongoing Compliance and Permit Renewal
Renewing Residence Permit: Before your permit expires, apply for renewal, demonstrating continued business activity and compliance with financial obligations.
Stay Compliant: Maintain compliance by regularly updating business information, paying taxes, and adhering to employment and corporate laws.
Monitor Regulatory Changes: Keep informed about any regulatory changes that may affect your business operations or immigration status in Lithuania.
Business Immigration Packages
We offer company formation packages for both domestic and international clients.
Basic Package
of Business Immigration to LithuaniaAdvance Package
of Business Immigration to LithuaniaPremier Package
of Business Immigration to LithuaniaDocuments Required for Business Immigration to Lithuania
We require the following documents and information for Business Immigration to Lithuania.
How can you Process Business Immigration?
Choose Package
Choose the package from the list of incorporated packages above.
Fill Registration Form
Please fill out the company registration form with accurate information.
Pay Its Fee through card
Pay your company fee with credit/debit card or directly from you bank accounts.
Your company is ready
After submitting your application, you will receive the documents within 5 business days.