European business is a chance to expand your sales markets, reduce production costs, and achieve a reduction in the tax burden. And it is not at all necessary to register your company in wealthy Switzerland or free America. An excellent option for a future company will be Lithuania – a European country with flexible and simple legislation, tax advantages, and a simple company registration system.
Incluence Limited has been dealing with company registration in Lithuania for many years and is ready to take care of all bureaucratic issues: opening bank accounts, processing documents and work permits, solving complex legal issues, bookkeeping, and regular reporting. Why do they offer Lithuania to their clients as an ideal country for doing business? We tell in this article.
Benefits of doing business in Lithuania
Small and medium-sized businesses are actively developing in Lithuania – the state is doing everything in its power for this. Especially many companies appear in Lithuania in the field of public catering, travel companies, transport companies, hotels. The IT industry is also actively growing – companies with remote employees who are engaged in programming, web design, and blockchain platforms.
At the same time, not all of the businessmen doing business in Lithuania have a Lithuanian passport. Many immigrants from the countries of the Customs Union and the European Union open their businesses here. All of them are attracted by the numerous advantages of Lithuania as a country for opening a company:
- Lithuania is actively developing remote technologies that allow you to start and run a business remotely. You can pay taxes, transfer documents to regulatory authorities, purchase goods and draw up contracts online.
- Tax rates here are among the lowest in the European Union. VAT – 21%.
- Lithuania ranks second in the rating of investment attractiveness among the EU countries. It is easy to start your own business here – the country occupies 11th place in the corresponding rating.
- A businessman can obtain Lithuanian citizenship, which provides freedom of movement around the country, the possibility of buying real estate.
- Stable economic growth in all sectors of the economy.
- Transparent legislative system with protection of property rights of entrepreneurs.
- Lithuania has a convenient geographic location for logistics – cargo flows from other European countries and vice versa go through the country. There are 4 international airports, an actively functioning railway that connects Europe and Scandinavia, a year-round seaport.
- Lithuania has concluded double tax treaties with a number of countries, so you can pay tax-free dividends to almost any jurisdiction.
Why is it beneficial to use the services?
- represent the interests of your company in Lithuania and other EU countries,
- we work quickly and without errors – we will prepare all the documents for registration, submit them to the regulatory authorities strictly on time,
- professional legal advice, protection of the rights of businessmen,
- only experienced experts who know the specifics of the legislation and taxation of a particular country work in the state.
Are you going to open a company in Lithuania, but are afraid to get lost in the intricacies of legislation? Don’t want to get bogged down in bureaucracy? Do you prefer to rely on professionals in your field? Then Incluence Limited is ready to offer its services to you! Many years in the market of legal support for business, assistance to businessmen, and organization of efficient work of firms.
