Establishment of a Small Partnership

We will make all your plans come true!

Establishment of a Small Partnership

We will make all your plans come true!

Service description

Main information

Price

From 199€

The term

up to 3 working days

Consultation

Consultations are held remotely or live in Vilnius.

Flexibility

We also can establish Small Partnership via notary!

What do you need to know
  • Citizens of the Republic of Lithuania or foreigners with a Lithuanian personal identification code (having a temporary/permanent residence permit in the Republic of Lithuania) may have a mobile signature;
  • Establishment of MB with the client’s mobile signature is possible remotely.
  • A small partnership is a legal person with limited civil liability (liable for its own assets);
  • The manager of the MB works under a Civil Service Contract (no employment relationship);
  • A member of a small partnership (not the manager) can work under a Civil Service Contract where the services are provided exclusively by his/her Small partnership;
  • No share capital is required to set up an Small partnership. The founders determine the amount of the contribution;
  • A small community may carry out all activities that are not contrary to the procedures of the legislation of the Republic of Lithuania.
Documents and information required
  • Company name;
  • Operational objectives;
  • Details of the founder(s);
  • Director’s details;
  • Registration address (we can provide);
  • Amount of member’s contribution;
  • Company contact details – email. mail and tel. number
Price includes
  • Consultation;
  • Document preparation;
  • Address for registration in Vilnius;
  • Registry fees;
  • JADIS submission.

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