The only thing you’ll need is your ID card or passport.
Business set up guide
Wondering how Lithuania can help you achieve your business goals and hit your targets? You’ll find all you need to know here.
Get a quick breakdown of what makes Lithuania ready for your business.
Explore: Business setup guide
Explore: Business setup guide
- Investment environment
- Setting up guide
- Support for your growth
- Migration procedures
Explore: Business setup guide
Explore: Business setup guide
- Investment environment
- Setting up guide
- Support for your growth
- Migration procedures
Investment environment
International companies that are already here name talent, infrastructure, cost competitiveness and an unparalleled work-life balance as key advantages Lithuania has to offer. Praised for digital skills and gender equality at work, Lithuania is one of Europe’s leaders when it comes to jobs created by FDI projects.
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#1 globallyfor digital skills availabilitySource: IMD World Competitiveness Yearbook, IMD World Competitiveness Center, 2023 -
#9 globallyfor gender equality at workSource: World Economic Forum, 2023 -
Part of the Eurozonesince 2015 -
Part of EU and NATOsince 2004
Set up your business in a few clicks
Lithuania is an open and digital country, where you can set up your business in a matter of days. Best thing about it, you can do it all online. The speed of setting up is among the reasons Lithuania continues to ascend international rankings. To make your set-up process even smoother, we have prepared a concise guide with all the needed information:
Setting up a business in Lithuania.
A step-by-step guide
Optimal conditions for your growth
The Lithuanian tax system is simple and has a range of incentives for large-scale investors and those willing to conduct R&D activities. Here’s the main figures you need to know:
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Tax incentives for R&D
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5%Corporate profit tax (patent box) -
3xR&D cost reduction
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Tax incentives for R&D
Tax structure
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0-15%Corporate profit tax -
21%VAT
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20%Personal income tax
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0-15%Dividends
Utility prices
(EUR, excl. VAT)
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0.162-0.379 Eur/kWh
Electricity priceSource: Source: Eurostat, 2022 H2, Range of electricity costs for non-household consumers -
99.5-120.8 Eur/MWh
Gas priceSource: Eurostat, 2022 H2, Range of gas costs for non-household consumers -
2.02 EUR/m3
Cold drinking water priceSource: Average tariff of 3 largest cities for industrial consumers, 2023 -
5.39 EUR/m3
Hot drinking water priceSource: Average tariff of 3 largest cities for industrial consumers, 2023
Migration procedures
Lithuania is waiting for you! Moving to Lithuania is a straightforward process.
Here are the basic procedures explained in simple terms:
For EU citizens
Standard EU procedures applicable for EU citizens who aim to live and work in Lithuania:
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Stay up to 90 days
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Stay longer than 90 days (up to a maximum of 5 years)
You will need:
- A completed application form
- Your passport or ID card
- An employment contract – a letter from a Lithuania-based employer, confirming that you will be working for them or documents confirming that you are the (co-)owner of a Lithuania-based enterprise
- A declaration of your place of residence
For Non-EU citizens
If you are a non-EU citizen, you’ll need to go through 3 basic steps before you start working:
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Get a Schengen Visa (C)
A Schengen Visa allows you to stay in Lithuania for a total period of 90 days. A Schengen Visa is relatively easy and quick to get.
More information on the application procedure can be found here:
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Get an EU Blue Card
What is the EU Blue Card?
- A residence and work permit for highly-skilled non-EU citizens.
- It will be valid for up to 3 years, and it can be extended for up to 3 years also.
- You will have the right to bring family members.
- You will become eligible for permanent residence after 5 years.
You will find more information on the EU Blue card and the application procedure here:
For Non-EU startup owners
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Reach out to the startup visa programme
If you are a non-EU citizen and you are planning to establish a startup in Lithuania, there is a fast track programme specifically designed for you. For more information, please follow this link:
Want to find out more?
Download our relocation brochure
Key sectors to explore
Advanced Manufacturing
A top choice for advanced manufacturing operations
Biotechnology
A growth hotspot for personalized medicine and biomanufacturing
Business Services
A mature Business Services market with a drive for innovation and excellence
Cybersecurity
Robust infrastructure and prime talent for advanced cybersecurity solutions
Data centers
A premier destination for sustainable and innovative data centers
Defence
Future-focused military technology ecosystem with robust state support
E-mobility
A dynamic E-mobility platform that accelerates innovative transportation solutions
Fintech & Financial Services
A leading center for fintech and financial services in Northern Europe
Game Development
A rising hub of creativity and tech, perfect for GameDev
MedTech
Unique intersection of advanced technology and top-tier expertise
Technology
A hub for innovation and growth
Want to know more?
Invest Lithuania partners with clients to help deliver a soft landing and years of further growth. We’ll take care of the details while you get on with your business. We provide all the information, connections and assistance you need – from site visits to hiring your first employee.
