Immigration Law News in Lithuania, 2017: A permit to reside in Lithuania when registering a company. If you are not a citizen of the European Union, you have your own company or business, which is also not registered in the European Union - in thi ...
Many entrepreneurs from Russia and CIS countries dream of starting business in the EU, since registration of the company in the EU is the way to the new market and a big step on the road to development. Lithuania stands out among many European countries. Therefore, experts advise to think about opening a company in Lithuania.
Foreign investments need stability, effective infrastructure, talented and motivated staff, and Lithuania understands these needs very well. Over the last years, Lithuania implemented a number of measures that help businesses running quickly and without fuss.
Many entrepreneurs seeking to enter new markets often think about starting a business in the EU. Due to its favourable geographical position, relatively low taxation, availability of qualified personnel and rapid technological and economic development, Lithuania is an attractive jurisdiction for conducting business within the territory of the EU.
Less difficult and less complex obtainment of residence permit in Lithuania is not supported by everyone, as one representative of Government describes, it may dictate and open ways for fictive companies to be opened.
In this Overview we decided to select several countries from the Central and East Europe (Estonia, Latvia, Poland, Slovak Republic and Czech Republic) as well from Scandinavia (Denmark and Sweden) in order as possible more to perceive business immigration trends of the recent years, get acquainted with the changes that occured, and also to find out with the basic taxes in those countries.
By using these proposed prepared amendments there will be set up a new legal ground for the procedure issuing residence permits in Lithuania - to allow temporarily live and work to start-up business creators and their relatives.
In nowadays when everybody knows that the time is very limited and many of us are so busy by doing different works, buying a pre-packaged enterprise or an already registered VAT trading company may be the great solution for Your business start or extension.
Foreign people, especially from non-European Union countries intending to initiate an own business registration or investment process in order start, run or develop business in Lithuania often regret not having sufficient information on entrepreneurial activity and investment opportunities in the regions of Lithuania.
Job - one of the main reasons for immigration to Lithuania. In recent years, the entry procedures have been simplified. For example, in 2011 entry rules were changed to allow all migrant workers to come with the national (D) visa, so now they can come hav ...