Why Lithuania is the Perfect Gateway to the European Business Environment
Dreaming of starting your own business in Europe? Lithuania is one of the most convenient and affordable countries to begin with. Registering a sole proprietorship (IĮ – Individuali įmonė) allows you to launch your startup in the European Union quickly and with minimal costs, obtain official entrepreneur status, and access the EU market.
1. Why Lithuania?
- Simple and fast company registration.
- Minimal start-up costs.
- Full access to the European market and clients across the EU.
- Transparent taxation and simplified accounting.
- Possibility to manage your business remotely.
2. Key features of a company in Lithuania
- The founder can only be one individual.
- No share capital required.
- Registration takes 1 to 5 business days.
- The founder is personally liable for the company’s obligations.
- A sole proprietorship (IĮ) is registered in the official State Register.
3. Taxes and expenses
- Personal income tax — from 5% to 15% of profit.
- Social security and health insurance contributions depend on income.
- Reduced tax rates available for small businesses.
4. Registration process
- Choosing a company name.
- Consultation on the best business form and preparation of documents.
- Registration support at the Centre of Registers (Registrų centras).
- Preparation and submission of all required forms.
- Basic consultations on taxation and accounting.
- Receiving the official registration certificate.
5. How much does it cost?
- We provide a full-service package for starting your business in Lithuania, including:
- consultations on all related questions,
- preparation of all required documents,
- filing with government authorities,
- assistance with obtaining an electronic signature (Mobile-ID, Smart-ID or e-signature),
- basic tax and accounting consultations.
Service fee: only €999 (fixed price, no hidden fees).
Conclusion
Registering a sole proprietorship in Lithuania is one of the fastest and most affordable ways to launch a startup in Europe. Within just a few days, you can officially run a business inside the EU, open European bank accounts, work with EU clients, and grow your project without unnecessary bureaucracy.
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