Establishment of a company

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Taking a long-term view is crucial for business success. This is especially true at the start of a business, when every legal decision can have a decisive impact on the future of the company.

Prevence Business Law Firm advises on all aspects of company formation in Lithuania, the EU and beyond. We establish legal entities of all legal forms and, if necessary, adapt the incorporation documents in order to obtain the relevant permit or status in your business industry (e.g. we review and adjust the documentation in order to obtain the status of a PEB – a Citizens’ Energy Partnership).

For those seeking to set up companies in Lithuania or abroad, we provide services from the beginning of the establishment process through to implementation – from the selection and analysis of the most appropriate legal form of business organisation, preparation of the incorporation package, the balancing of shareholder relations, to all practical matters such as assisting with the opening of a bank account in Lithuania or a foreign country, the registration of a registered office, and any other necessary matters.

Whether your business is a start-up, a medium-sized enterprise or a large corporation, we ensure that the processes of setting up your business are tailored to your unique needs.

For the business sector, we can assist with:

  • Setting up an MB.
  • Incorporationof a limited liability company.
  • Establishment of an association.
  • Establishment of a public body.
  • Establishment of branches and representative offices.
  • Establishment of communities.
  • Establishment of charitable or other types of foundation.

Preparation of founding documents

Company formation documents are often the basis for preventing future conflicts and should therefore be read carefully. Our team’s guiding principle is an in-depth understanding of our client’s objectives, which allows us to optimally prepare the most important documents for the company’s operations. 

Prevence will take care of all the incorporation issues for you: preparing the necessary documentation, including the deed or contract of incorporation, the company’s articles of association or by-laws, the founder’s decision or the minutes of the founders. We will also handleall the necessary procedures for registering the company, this includes adding the company’s name to the list of provisional names entered by the Registry Centre and submitting information on the legal entity’s shareholders and beneficiaries to the appropriate registries. Our advice also extends to the size of the initial contribution and the management structure of the company. Our aim is to streamline the company establishment process, while simultaneously making it more effective, seamless, and secure. 

Company formation electronically or by notarial deed

The needs of every business are unique. Our team of experts knows how to listen to our clients and adapt to their changing needs, offering a flexible approach to the company formation process.   

We have experience in representing clients in all types of incorporation processes, meaning that we can assist you in setting up a company using both the modern electronic method and the traditional notarial procedure.  

We represent clients in all aspects of company formation when dealing with state institutions, the Centre of Registers and notaries.  

Regardless of the method of incorporation chosen, we will always be one message ahead, ensuring constant and clear communication throughout the entire incorporation process. 

Data submission and correction in JANGIS and JADIS

All legal entities registered in Lithuania have a mandatory obligation to submit data on legal entity shareholders to the JADIS system and on final beneficiaries to the JANGIS system.  

We help entrepreneurs find their way in the maze of JADIS and JANGIS data systems by ensuring efficient and smooth processing and submission of customer data. 

We understand that time is a precious business resource, so we aim to reduce the administrative burden, allowing you to focus on your core business activities.

Experts

BOARD | MEMBER | MENTALITY

Gintarė Daukšė
  • Senior Associate
Edgaras Margevičius
  • Attorney at Law
  • Managing partner
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