Company Formation

Lithuania Company Formation (UAB)

Registration through Registrų centras takes days, and the Bank of Lithuania substance bar is the part that takes months. We sequence both.

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Why Form in Lithuania?

Lithuania rests on three things operators care about: the EU’s deepest fintech and electronic-money ecosystem, single-market access with MiCA passporting to 30 EEA states, and a low corporate tax rate with generous reliefs for small and new companies. The UAB is the vehicle most regulated and high-risk operators use to enter the European market. We register it through the Centre of Registers (Registrų centras) in days once the file is in order. Formation is the fast, inexpensive part; the harder work is durable banking for a crypto or high-risk company and meeting the substance and capital bar if a Bank of Lithuania licence is the goal. We sequence all three together from the start, which is what separates a smooth launch from a stalled one.

Expert Comment

The €1,000 minimum capital lets you form fast and cheap, but a Bank of Lithuania licence requires €50,000 to €150,000 fully paid-in capital and genuine local substance—office, staff, qualified management—assessed by the regulator at application. Most operators who stall in licensing retrofit all three after formation; we design them in at incorporation so the company is built for the licence target, not reshaped halfway through.

Daniel Tomberg CEO & Senior Partner, Tomberg & Partners
In short: Lithuania fits payments, fintech and crypto operators who want a mature regulatory ecosystem, EU passporting and a low effective tax rate. It is a weaker fit if you want Estonia’s one-day, fully self-service digital registration: Lithuania has notary and substance touchpoints that Estonia’s e-Residency model removes. We deliver both and will tell you straight which one fits your model.

EU Access and MiCA Passporting

A Lithuanian UAB sits inside the EU single market. Lithuania designated the Bank of Lithuania (Lietuvos bankas) as competent authority for crypto-asset service providers; a MiCA CASP authorisation passports across all 30 EEA states with no additional national licences. The Bank of Lithuania also grants licensed payment and e-money institutions direct access to the national payment system, one reason the country hosts the EU’s largest population of EMIs. We build the entity to carry the licence, then take it through to a MiCA CASP authorisation for you.

Low Flat Corporate Tax

Lithuania applies a flat corporate income tax on profits whether retained or distributed: 17% from 1 January 2026 (16% in 2025), with a 7% reduced rate for small companies under €300,000 revenue and 0% for new small entities in their first two tax periods. The model is the inverse of Estonia’s, which taxes nothing until distribution then at 22%: a profitable, distributing business often does better in Lithuania, a reinvesting one in Estonia. We model both against your numbers before you commit, and we form in either.

Which Business Models Suit Lithuania

Lithuania earns its place for some operators and is the wrong call for others, and we will say which you are before you spend a euro. These are the profiles we form Lithuanian UABs for most often.

  • Payments and EMI businesses. The deepest EMI ecosystem in the EU and direct Bank of Lithuania payment-system access make this the natural home for e-money and payment institutions.
  • Crypto operators targeting EU customers. A Bank of Lithuania MiCA CASP authorisation passports across 30 EEA states under one licence, and we build the entity to carry it from day one.
  • Forex and trading firms entering the single market. A regulated EU base with a low flat tax and a credible supervisor behind it.
  • Small and new ventures. The 7% reduced rate (sub-€300,000 revenue) and the 0% new-entity relief make Lithuania genuinely cheap to run in the early years.
  • Profit-distributing businesses. A 17% flat charge on distributed profit can beat a distribution-based jurisdiction once you actually pay dividends.
  • × Reinvesting growth-stage businesses that pay out nothing are usually better in Estonia’s 0%-on-retained-earnings model. We form there too and will point you that way.
  • × US persons. We do not take US persons as clients; this page is reference only for them.

If you are not sure which column is yours, that is exactly the conversation a consultation is for. We compare Lithuania against the other jurisdictions we serve and recommend the one that fits.

What We Do for You

We are a direct service provider, not a referral desk. We form the company, deal with the Centre of Registers and the State Tax Inspectorate ourselves, and stand behind the outcome. Where local steps need a notary, an accountant or a licensed specialist, we use people we have personally vetted and work with directly. We never hand you to an unverified third party.

One accountable firm. You deal with us throughout: formation, the capital deposit, beneficial-ownership filing, banking, tax registration and the licence pathway. One point of contact, real people in-country, work we file and own.
  • We form the UAB. Name reservation, founding act and articles, registered office, EVRK activity codes and submission to the Centre of Registers, by the electronic or notarial route, whichever fits.
  • We handle the capital deposit. We open the temporary capital-accumulation account with a credit institution, deposit the share capital and convert it to a working account after registration.
  • We file beneficial ownership. We register and maintain your UBO data in the JANGIS subsystem of JADIS so the AML duty is met from day one.
  • We arrange banking. We place the company with a suitable credit institution or licensed EU EMI for multi-currency accounts, SEPA and IBANs, the step where high-risk operators usually stall.
  • We take it through licensing. Where the goal is a Bank of Lithuania MiCA CASP, EMI or payment licence, we design the entity, capital and substance for it and file and manage the application.
  • We keep it compliant. Accounting, annual financial statements, tax filings and ongoing UBO upkeep, handled so nothing lapses while you run the business.

Entity Types Under Lithuanian Law

The UAB dominates regulated and high-risk formation and is the form we set up for almost every client. Governed by the Law on Companies (Akcinių bendrovių įstatymas) and the Civil Code, it is the standard entity for MiCA CASP, payment and electronic money institution licensing, and most regulated activities. The AB (akcinė bendrovė, public limited company) is reserved for larger or listed undertakings and needs €25,000 of capital. The MB (mažoji bendrija, small partnership) is a lighter form popular with sole founders but generally unsuitable for regulated financial activities.

Definition: UAB (uždaroji akcinė bendrovė): Private Limited Company

A limited liability company whose share capital is divided into shares not offered publicly. Since 1 May 2023 the minimum authorised capital is €1,000 (reduced from €2,500). It requires at least one shareholder and one director (vadovas, a natural person who need not be resident); a single person may hold both roles. The UAB is eligible for MiCA CASP, EMI, payment institution and gambling licences.

EntityLocal NameMin. CapitalMin. DirectorsUsed For
UABUždaroji akcinė bendrovė€1,0001 (natural person)Standard for crypto/fintech/high-risk
ABAkcinė bendrovė€25,0001 (manager) + supervisory/management boardPublic limited companies, listed undertakings
MBMažoji bendrijaNone1 (member-managed or appointed)Small businesses, sole founders (not for regulated finance)
Individuali įmonėNoneOwner-managed (unlimited liability)Sole proprietorships (unlimited liability)
BranchFilialasNoneAppointed managerBranch of a foreign company (not a separate legal entity)
Capital trap: The €1,000 minimum capital applies to general UAB registration only. Licensed activities require far higher, fully paid-in capital: a MiCA CASP licence requires €50,000–€150,000 depending on the service class, and an EMI licence requires €350,000. Capital for licensed activities must be held with a credit institution and is verified by the regulator. Design the entity and capitalisation for the licence target before formation. See the full Lithuania MiCA CASP licensing guide →

Formation Process

We register the UAB with the Centre of Registers (Registrų centras), which operates the Register of Legal Entities. There are two routes: fully electronic incorporation, where every founder holds a qualified electronic signature accepted in Lithuania and we file through the registry portal; and notarial incorporation, where a notary verifies identities and the founding documents and submits them. A well-prepared application is processed in 3 to 5 business days once complete documents reach the registrar, and our job is to make the file right the first time.

In short: Electronic registration with a qualified e-signature is fastest and avoids a notary appointment. The notarial route is the realistic default for most non-residents, solving identity verification without a Lithuania-compatible signature. Either way you do not travel to Lithuania, and we run the steps for you.

On capital: at least 25% of the subscribed capital (a minimum of €250 on the €1,000 floor) must be paid up before registration, with the remaining 75% payable within 12 months. Where the initial payment is in cash, we open a temporary capital-accumulation account with a credit institution to receive it; it converts to a full business account once the company is registered. For crypto and high-risk operators this is the first point where banking friction appears, so we pre-qualify a banking route in parallel with formation, not after it.

What You Need to Prepare

CategoryDocument / ItemDetails
IdentityQualified electronic signature or notarised IDE-signature accepted in Lithuania for the electronic route; otherwise the notary verifies passports/ID
IdentityProof of residential addressUtility bill or bank statement (within 3 months), for KYC by service providers
CorporateCompany nameReserve and pre-check availability with the Centre of Registers; must include “UAB”
CorporateRegistered office address in LithuaniaLease or service-address agreement; address must accept official correspondence
CorporateEVRK activity codeLithuanian classification of economic activities; codes for financial services, gambling, or crypto trigger separate authorisation
CorporateShareholder structureNames, identification, share allocation, and voting rights
CorporateDirector (vadovas) appointmentAt least one natural-person director; consent and ID required; need not be resident
FormationArticles of association & incorporation actFounding act (or agreement, if multiple founders) and the articles; standard templates exist for the electronic route
FormationBeneficial ownership dataFiled in the JANGIS subsystem of JADIS; UBO threshold >25%
FinancialShare capitalMinimum €1,000; deposited to a capital-accumulation account where paid in cash before registration
FinancialState fee paymentPaid to the Centre of Registers; name reservation fee separate
Step 1: Preparation and Name Reservation 1–3 days

Preparation and Name Reservation

We reserve the name, draft the founding act and articles, select the EVRK activity codes (financial-services, gambling or crypto codes flag activities needing separate authorisation), arrange the registered office and choose the route for you.

Step 2: Capital Deposit 1–5 days

Capital Deposit

We open the temporary capital-accumulation account and deposit at least 25% of the share capital (a minimum of €250); the balance is due within 12 months. This is the first point where banking due diligence bites, so we prepare the file with you in advance.

Step 3: Submission and Registration 3–5 business days

Submission and Registration

We submit the founding documents through the registry portal or via a notary. If complete, the Centre of Registers enters the company in the Register of Legal Entities and issues a registration number, typically within 3 to 5 business days.

Step 4: Post-Registration 1–4 weeks

Post-Registration

We file beneficial ownership in JANGIS, register with the State Tax Inspectorate (VMI), convert the capital account to a full business account, register you as a Sodra employer if you hire, and start any required Bank of Lithuania licence application.

Remote Formation and Digital Signatures

Lithuania does not operate an e-Residency programme, but we form and manage the UAB for you from abroad. Founders and directors need not be Lithuanian residents, 100% foreign ownership is permitted, and a single person can be sole shareholder and sole director. The electronic route uses a qualified electronic signature recognised under the EU eIDAS Regulation; cross-border eID acceptance is uneven, so we confirm your signature works before relying on it. Where none is available, a notarised, apostilled power of attorney lets us complete the notarial route so you never travel. Ongoing management is remote too: resolutions can be taken in writing and tax and financial-statement filings are submitted electronically. The company must keep a Lithuanian registered office throughout its life, which we provide.

Requirements

UAB formation requirements are moderate by EU standards: a single natural-person director, a Lithuanian registered office and €1,000 of share capital. Complexity rises when a licence is the goal. A MiCA CASP licence requires substantial fully paid-in capital (€50,000–€150,000), fit-and-proper management and genuine local substance, all assessed by the Bank of Lithuania. Because capital, board composition and substance obligations differ between CASP, EMI and payment regimes, we design the entity for the intended licence at incorporation; retrofitting an existing UAB adds weeks of restructuring a correctly-built one avoids.

In short: A standard UAB is light: one director, one shareholder, a registered office, €1,000 capital. A licensed UAB adds substantial capital, qualified management, beneficial-owner transparency and demonstrable local substance.
RequirementStandard UABFor CASP Licensing
Min. Directors1 (natural person)Qualified management; fit-and-proper assessed
Min. Shareholders1 (individual or company)1 (with UBO transparency)
Supervisory BoardNot requiredMay be required by governance assessment
Foreign Ownership100% permitted100% permitted
Min. Share Capital€1,000€50,000–€150,000 (fully paid in)
Registered OfficeRequired (service address permitted)Required (genuine local substance)
Local SubstanceNot requiredRequired (office, staff, governance in Lithuania)
UBO Disclosure (JADIS/JANGIS)Mandatory (>25% threshold)Mandatory (>25% threshold)
Resident DirectorNot requiredEffective local management expected
Annual Financial StatementsMandatoryMandatory

Registered Office and Local Substance

Every UAB needs a Lithuanian registered office for official correspondence; for a standard UAB a service address is permitted and we arrange one. Local substance becomes a real obligation only for licensed activities: a MiCA CASP or electronic money institution must show a physical office, effective local management and staff sufficient to run the business and its compliance function. The Bank of Lithuania assesses substance during authorisation, and a shell with only a service address will not pass, so where a licence is the goal we plan real premises and hiring from the outset.

UBO Disclosure: the JADIS / JANGIS Register

Lithuania maintains a beneficial ownership register, JANGIS, a subsystem of JADIS administered by the Centre of Registers. Every entity must submit accurate information on its ultimate beneficial owners, any natural person holding more than 25% of shares or voting rights or otherwise exercising control. The duty derives from the Law on the Prevention of Money Laundering and Terrorist Financing; non-compliance exposes responsible persons to fines of €500 to €5,800. We file the data and keep it current as ownership changes.

Costs

Lithuania is a mid-cost EU jurisdiction. Government charges are modest: the state registration and name-reservation fees together come to under €100, with notary fees the main variable on the notarial route. The €1,000 minimum share capital is not a cost in the usual sense: it stays the company’s own money, available for operations once registered. The figures below are the statutory and third-party charges that apply to any UAB, current as of June 2026.

What we charge. Our fee depends on the entity, whether you need banking and a licence, and the substance the regulator will expect, so we quote it for you rather than list a one-size price. Book a free consultation and we will give you a clear, all-in figure for your case.

Government and Statutory Fees

Fee ItemAmount (EUR)Notes
UAB registration (state fee)~€57Paid to the Centre of Registers for the electronic route (as of June 2026)
Company name reservation~€16–€22Reserves the name with the Centre of Registers (as of June 2026)
Notary fee (notarial route)€70–€290Varies with transaction value; not incurred on the fully electronic route
Qualified e-signature~€20–€40For the electronic registration route, per founder
UBO filing (JANGIS)€0No separate filing fee for the beneficial-owner declaration
Register amendmentVariablePer amendment to the Register of Legal Entities
Annual statements filing€0No separate filing fee

Taxation

Lithuania applies a flat corporate income tax on profits whether retained or distributed: 17% from 1 January 2026 (16% in 2025), a reduced 7% for small companies (revenue under €300,000, and in 2025 no more than 10 employees), and 0% for newly established small entities in their first two tax periods from 2026. Credit institutions face a 5-percentage-point surtax on profits above €2 million. The full breakdown is below.

Tax TypeRateNotes
CIT (standard)17% from 2026 (16% in 2025)Flat; applies to retained and distributed profit alike
CIT (small companies)6% (2025); 7% from 2026Revenue < €300,000 (2025: ≤10 employees)
CIT (new small entities)0%First two tax periods from 2026 (revenue < €300,000)
VAT (standard)21%Registration threshold €45,000 turnover
VAT (crypto exchange services)ExemptVirtual currency ↔ fiat exchange; ECJ Hedqvist ruling (C-264/14)
VAT (custody/wallet services)21%Technical services not exempt
WHT on dividends0% with participation exemption; else 15% (2025), 17% from 2026Exempt if ≥10% held for ≥12 months; otherwise the standard distributed-profit rate applies
WHT on interest0% (EEA/treaty)0% to EEA or double-tax-treaty entities; else withholding applies
WHT on royalties0% (EU I&R Directive)0% to qualifying related EU parties; else withholding applies
Social insurance (Sodra, employer)~1.77%For permanent contracts (1.45% social insurance + Guarantee and Long-Term Employment funds); higher for fixed-term; plus employee contributions
Personal income tax (GPM)20% / 32%Progressive on employment income above a threshold
Capital gains (corporate)Within CITParticipation exemption may apply to qualifying share disposals

The dividend participation exemption is the other material relief: dividends are exempt from withholding where the recipient has held at least 10% of the voting shares for an uninterrupted 12 months and the distributing entity is subject to CIT, in line with the EU Parent-Subsidiary Directive. The small-company rate is not automatic; it depends on revenue and (through 2025) headcount tests and on the company not being part of a connected group that breaches the thresholds. We check this against your structure rather than leave it to chance.

Crypto-specific reporting is coming. Lithuania is implementing the Crypto-Asset Reporting Framework and the EU’s DAC8 directive, which extend automatic exchange to crypto-asset transactions from 2026. If you plan a CASP licence, we build that data collection into onboarding from day one. The Pillar Two 15% global minimum tax applies only to groups above €750 million in consolidated revenue, so it does not affect standalone Lithuanian companies.

Banking

Banking is one of our core services, and it is the step where high-risk operators most often stall, so we handle it alongside formation. Access for Lithuania-formed entities is comparatively deep, as the country is one of the EU’s largest fintech and electronic-money hubs. Traditional banks apply enhanced due diligence to non-resident-managed and crypto-adjacent companies and several decline crypto applications outright, but the breadth of licensed payment and e-money institutions gives Lithuanian companies more workable routes than most EU markets.

Reality check: Most crypto and high-risk companies formed in Lithuania bank with a licensed EU electronic money or payment institution rather than a retail bank. A traditional bank account is realistic mainly for established businesses with demonstrable revenue and a clean compliance history. We set expectations honestly before we start.

Lithuanian law does not require a domestic account: any EEA-licensed credit or payment institution is acceptable. A licensed EU EMI offers multi-currency accounts, SEPA, dedicated IBANs and card issuance, covering most early-stage needs. Due diligence first bites at the capital deposit, so expect document requests on the business model, source of funds and beneficial ownership. Because a single rejection after weeks of review can turn a manageable process into a quarter-long bottleneck, we prepare that file with you, approach several suitable institutions in parallel and place the company where it will actually be onboarded, working only with institutions we deal with directly so banking moves in step with formation.

Annual Compliance

All Lithuanian companies carry ongoing filing obligations, and we keep yours met as part of ongoing service.

In short: The core obligations are annual financial statements filed with the Centre of Registers, regular corporate and VAT returns with the State Tax Inspectorate (VMI), monthly Sodra social-insurance reporting where staff are employed, and keeping UBO data current in JANGIS. Dormant companies must still file nil returns. We handle all of it.

Statements, Tax and Audit

We prepare and file the annual financial statements on your behalf. They must be approved by the shareholders within four months of the financial year end and filed with the Centre of Registers, generally within 30 days of approval, where they become public record. A statutory audit is required only when the company exceeds at least two of three thresholds: net sales above €3.5 million, balance-sheet assets above €1.8 million, or an average of more than 50 employees; public-interest entities such as credit institutions are always audited. We also handle the annual CIT return (generally due 15 June), periodic VAT returns once registered, and monthly GPM and Sodra declarations where you employ staff.

Penalties for Non-Compliance

Late or missing filings carry administrative fines on the company’s manager, late tax accrues interest, and persistent failure to file lets the Centre of Registers strike the company off the register. Failure to keep beneficial ownership current in JANGIS carries separate fines of €500 to €5,800. We run the calendar so none of this becomes your problem.

Licensing Pathways from a Lithuanian Company

The Bank of Lithuania (Lietuvos bankas) is the competent authority for MiCA CASP, electronic money institution and payment institution authorisations. A UAB formed with €1,000 capital and a single non-resident director will need recapitalisation, qualified management and genuine local substance before any of these can proceed, so we structure for the intended licence at incorporation rather than retrofit it. The company must exist on the register before an application is filed, and we run banking in parallel so it is solved before commercial launch. When we take on a licence, we file and manage the application ourselves and deal with the regulator directly.

[Crypto

MiCA CASP Licence

€50,000–€150,000 capital. Bank of Lithuania-regulated. EU passporting to 30 EEA states.](/crypto-licensing/lithuania/) [Payments

EMI / Payment Institution Licence

€20,000–€350,000 capital. Bank of Lithuania-regulated. EU passporting for e-money and payment services.](/emi-licensing/) [Gambling

Lithuanian Gambling Licence

Gaming Control Authority-regulated. Capital and substance requirements apply; remote gambling permitted under licence.](/gambling-licensing/)

MiCA transition: Lithuania set an early end to the legacy virtual-asset regime, with grandfathered operators required to obtain a MiCA CASP authorisation from the Bank of Lithuania to continue. The number of full CASP authorisations granted is far smaller than the historic count of registered virtual-asset operators, so allow a realistic months-long timeline. See the full Lithuania MiCA CASP licensing guide →

Advantages and Limitations

Lithuania offers genuine advantages for fintech and payment businesses seeking EU access, alongside real limitations that the 2025–2026 tax changes and the move to MiCA crypto licensing have sharpened.

  • Deep EU fintech and e-money ecosystem, with one of the EU’s largest populations of licensed payment and electronic money institutions and direct Bank of Lithuania payment-system access.
  • Low flat corporate tax with reliefs: 17% standard, a 7% reduced rate for small companies and 0% for new small entities’ first two years from 2026.
  • EU single-market access and MiCA passporting across 30 EEA states under a single Bank of Lithuania CASP authorisation.
  • Low €1,000 minimum share capital since May 2023, and it stays the company’s own working money.
  • Remote formation and 100% foreign ownership, with a sole shareholder-director permitted and no nationality restrictions.
  • FATF-clear status, reducing enhanced due-diligence friction with banking partners and counterparties.
  • × Banking is still hard for crypto businesses. Traditional banks apply conservative due diligence to non-resident and crypto-adjacent companies. How we handle it: we place the company with a licensed EU EMI or payment institution that will actually onboard it.
  • × No e-Residency equivalent. Non-residents need a compatible qualified e-signature or a notary for incorporation. Mitigation: the notarial route with a power of attorney completes formation without travel.
  • × Corporate tax rose on 1 January 2026, standard 16% to 17% and small-company 6% to 7%. Mitigation: small-company and new-entity reliefs still cut the effective rate sharply for sub-€300,000 businesses.
  • × Crypto licensing requires substantial local substance: a physical office, qualified local management and €50,000–€150,000 paid-up capital. Mitigation: plan all three for the licence target before formation.
  • × Tax is due on profit as earned, unlike Estonia’s 0% on retained earnings. Mitigation: for reinvesting growth-stage businesses, compare against a distribution-based jurisdiction before committing.

How Lithuania Compares

Lithuania competes most directly with Estonia (a faster digital formation model), Latvia and the Czech Republic. The choice usually turns on the tax model, the digital-formation experience and where banking and licensing are easiest to coordinate.

FactorLithuaniaEstoniaLatviaCzech Republic
Entity TypeUABSIAs.r.o.
Timeline3–5 business days1 business day (online)3–5 business days5–10 business days
State Fee~€57 + name fee€265~€150~€160–€330 (notary + court)
Min. Capital€1,000 (since May 2023)€0.01€2,800 (reduced forms exist)~€0.04 (CZK 1)
Corporate Tax17% flat (16% in 2025); 7% small0% retained / 22% distributed0% retained / 20% distributed21% (since 2024)
EU PassportingYesYesYesYes
FATF StatusMONEYVAL: not grey-listedMONEYVAL: not grey-listedMONEYVAL: not grey-listedMONEYVAL: not grey-listed
Remote FormationYes (e-signature or notary)Yes (e-Residency)Yes (e-signature or notary)Yes (notarial, via PoA)
Crypto BankingModerate (deep EMI market)Difficult (traditional) / Moderate (EMIs)ModerateModerate
Best ForFintech, EMI/payment businesses, EU crypto licensingReinvesting digital businesses, remote managementBaltic alternative, holding and tradingCEE market access, notarial certainty

The key difference is: Lithuania pairs the EU’s deepest payments and e-money ecosystem with a low flat corporate tax, but it lacks Estonia’s one-day, card-based digital formation and taxes profit as it is earned rather than only on distribution. We form companies in Estonia and the Czech Republic too, and across the wider EU, with registration, banking and licensing delivered by the same team. If a neighbour fits you better, we will tell you and form you there instead. See the Estonia formation page →

Comparing Baltic and CEE jurisdictions?

We deliver Estonia, the Czech Republic and Lithuania end to end: formation, banking and the licensing path, with one point of contact. Tell us about your business and we will recommend the right one.

Frequently Asked Questions

Formation Basics
How fast can a non-resident register a UAB in Lithuania?

The Centre of Registers (Registrų centras) processes a well-prepared registration in 3 to 5 business days. Fully electronic incorporation needs no notary visit where every founder holds a qualified electronic signature accepted in Lithuania; otherwise the documents are notarised. Foreign founders need not be present. Including document preparation, the registered address and a name check, the realistic end-to-end timeline is one to three weeks. We run it for you.

What is the minimum share capital for a UAB?

€1,000, reduced from €2,500 by the amendment to the Law on Companies that took effect on 1 May 2023; older guides quoting €2,500 are out of date. For licensed activities the regulator sets a far higher, fully paid-in figure: a MiCA crypto-asset service provider licence requires €50,000 to €150,000 depending on the service class, and an electronic money institution licence requires €350,000.

What does it cost to form and run a UAB?

Statutory and third-party charges are modest: state registration and name reservation come to under €100, plus a notary fee on the notarial route. The €1,000 share capital is not a cost in the usual sense, as it stays the company’s own money. Our fee depends on the entity, whether you need banking and a licence, and the substance the regulator expects, so we quote it for your case. Book a free consultation for a clear all-in figure.

Banking & Licensing
Can crypto and high-risk businesses open accounts in Lithuania?

Yes, with the right preparation, and we handle it for you. As one of the EU’s largest fintech and electronic-money hubs the market is comparatively deep, but traditional banks apply enhanced due diligence to crypto-adjacent and non-resident-managed companies. Most early-stage operators therefore bank with a licensed EU electronic money or payment institution for multi-currency accounts, SEPA and IBAN access and faster onboarding. Lithuanian law does not require a domestic account; any EEA-licensed institution is acceptable. We place the company with one we deal with directly and that will actually onboard it.

Does company formation include a crypto licence?

No. They are separate processes with different authorities and timelines. UAB registration is handled by the Centre of Registers and takes days; a MiCA crypto-asset service provider licence is granted by the Bank of Lithuania (Lietuvos bankas) and is a months-long application with its own capital, governance and substance requirements. The UAB must exist first, so we design the entity, board and capital for the licence target before formation rather than retrofit it. We deliver both, end to end. See the Lithuania MiCA CASP licensing page →

Form your Lithuanian company with one accountable firm

We form the UAB, deal with the Centre of Registers, handle the capital deposit and beneficial-ownership filing, arrange banking and take it through to a Bank of Lithuania licence if you need one. Real people in-country, work we file and stand behind, never offloaded to a stranger. Tell us about your business and we will map the entity, costs and timeline.

Banking & Payments

A company and a licence still need a bank account

Banking is one of our three core services. We help high-risk and regulated businesses open the bank and payment accounts that others refuse: we work directly with EU EMIs, payment institutions and crypto-aware banks, confirm appetite before you apply, and make the introduction. Take it with your company and licence, or on its own.

Explore banking & payments →

Tomberg & Partners

Tell us what you need to build.

Speak with our team about formation, licensing, banking, or the operating structure your business needs.

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