• A limited liability company is a private legal entity with limited civil liability.
• A private limited company is a company whose share capital is divided into parts called shares.
• Shareholders of an LLC are natural and legal persons who have acquired shares in the company.
• Each shareholder in a company has the rights attached to the shares he owns in the company. In the same circumstances, all holders of the same class of shares have the same rights and obligations.
• The shares of the company to be set up must be paid up in full within the period laid down in the memorandum or articles of association, which may not exceed 12 months from the date of its conclusion.

Also:

• Setting up a limited liability company with a client’s mobile signature is possible remotely.
• The mobile signature can be used by citizens of the Republic of Lithuania or foreigners who have a Lithuanian personal identification number (with a temporary/permanent residence permit in the Republic of Lithuania or on the basis of another document).