Fees and timelines in 2022

Fees

payment by instalmentLithuania LLC setup costs in Year 1 will amount to €4,275. The average fee per engagement amounts to €10,925 including: i) Lithuania company incorporation ii) corporate bank account setup iii) legal registered office and iv) all government registration fees.

Different Lithuania entity types Cost Draft invoice
Tax resident LLC €10,925 View invoice PDF
PLC €11,950 View invoice PDF
Branch of a foreign company €11,600 View invoice PDF
Representative Office €11,100 View invoice PDF
Lithuania readymade company €12,485 View invoice PDF
Bitcoin LLC €13,925 View invoice PDF
Lithuania shell VASP crypto wallet provider €44,470 View invoice PDF
Lithuania LLC crypto wallet provider €35,695 View invoice PDF

Timelines

The average Lithuania limited liability company registration period is 11 weeks as outlined below:

Service LLC PLC Branch Rep. office Lithuania readymade company
Engagement Planning 1 week 2 weeks 3 weeks 3 weeks 2 weeks
Company Incorporation 2 weeks 4 weeks 5 weeks 6 weeks 3 weeks
Corporate bank account approval 4 weeks 3 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 3 weeks 1 week 1 week 1 week 3 weeks
Engagement completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 11 weeks 11 weeks 14 weeks 15 weeks 13 weeks

lithuania business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Lithuania, please contact our in-house country expert, Ms. Lee Wen Bin, directly:
Consultant at HC - Wen Bin
  • Ms. Lee Wen Bin
  • Client Engagements Department, Deputy Director
  • Contact me!
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