Registration of
offshore companies
Ready-made company in Lithuania in 2023

How to buy a ready-made company in Lithuania in 2023

01. 02. 2023

Thanks to a series of government reforms aimed at supporting business, Lithuania boasts a stable and robust economy. Attracting foreign capital into the country has played no small part in this. Local laws are investor-oriented, so the purchase of a ready-made company in Lithuania in 2023 is fast, with a minimum package of documents.

The only difficulty is finding a ready-made company that meets all the requirements. And here we advise you to contact IT-OFFSHORE experts. We have a list of companies with a clean history, which have undergone due diligence.

Features of buying a ready-made business in Lithuania

Two types of ready-made companies are available to buyers:

  • A working business. Its pluses - promoted brand, employees, customers, suppliers. Amongst the disadvantages - one cannot rule out the risk of hidden loans, unfulfilled obligations, and involvement in fraud. Therefore, such a business should be carefully checked before buying.
  • Shelf company. This is a company that was created specifically for sale. It has a complete package of documents, which confirms state registration. At the same time, it has never worked, so it has no debts, unfulfilled obligations, etc.

If you decide to buy a shelf company, give preference to a business that was incorporated more than 2 years ago. Even if the company hasn't been in operation, it has a history, so it has more credibility with customers than a firm established a month ago. Also banks cooperate with it more willingly - they open an account and give favorable loans.

The most popular with foreign investors are shelf companies, which are registered as an LLC. Having completed the transaction, the buyer receives a legal address, founding documents, registered with the local authorities. By prior arrangement, you can buy a business with an open bank account, VAT number, which will affect the final price of the company.

How to buy a ready-made business in Lithuania

If investors have all necessary documents, buying a company takes one day. The deal takes place before a notary. If purchaser has no possibility to come, he can appoint representatives (for example, issue a power of attorney to our company's employees).

To buy a ready-made business in Lithuania in 2023, the new owner must provide the following information:

  • name;
  • telephone number;
  • residence address;
  • e-mail;
  • photo (as a passport).

If the new owner plans to change the director, his data is needed when processing the transaction.

After the purchase

When the transaction is complete, the new owner can:

  • Appoint new directors.
  • Give a new address.
  • Increase the share capital.
  • Change the form of activities.

When all the documents are executed, it is necessary to register the transfer of ownership in the Lithuanian Commercial Register. In some cases, a business license may be required after the transaction is completed (e.g., for crypto-activities). In this case, you must submit documents to obtain one.

If the purchased business does not have a VAT number, it must be registered through the state tax inspectorate, which operates under the Ministry of Finance of Lithuania.

How to buy a ready-made company in Lithuania

To buy a ready-made company in Lithuania in 2023, contact IT-OFFSHORE experts.

Apply now

and get a personalized offer