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Doing business in Lithuania

Explore the key issues for doing business abroad, from setting up a business in Lithuania to understanding the local business environment. Find guides and other resources to support your organisation's global growth.

Key data

Ease of Doing Business in Lithuania
Summary of comprehensive annual data collated by the World Bank giving key indicators for business and economic conditions. Includes information on typical business procedures, showing time to complete and associated costs for each step.

Guides

Lithuania company registration
Comprehensive guide produced by Healy Consultants explaining company structures and business entity types, fees and timelines for incorporation, accounting and tax in this jurisdiction and comparisons with other countries in the region.

Overseas Business Risk - Lithuania
Report from the Foreign & Commonwealth Office looking at potential risks for UK businesses operating in this country. It includes economic and political risks, human rights issues, bribery and corruption, terrorism, intellectual property and organised crime.

Doing Business in Lithuania
Guide prepared by Moore Stephens member firms on doing business with or in this country. It also provides useful information for those living and working in Lithuania either temporarily or permanently. Published in 2018.

Lithuania: Guide to Doing Business
Guide published by legal firm Lex Mundi, providing an overview of the legal and business environment in Lithuania.

Investment in the Baltic States: A comparative guide to investment in Estonia, Latvia and Lithuania
Guide published by KPMG in 2015. Chapters cover business, taxation, accounting and auditing, employment, real estate and other legal considerations.

Exporting

On our Exporting to Lithuania page you can find export guides, trade forecasts and economic and political updates.

Corporate governance

Baltic Institute of Corporate Governance (BICG)
Non-governmental membership association covering the Baltic states. The website offers a toolbox of guidance documents.

European Corporate Governance Institute
The European Corporate Governance Institute (ECGI) aims to provide 'a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues and thereby promoting best practice'. The ECGI website also provides a directory of national Corporate Governance Codes, Principles & Recommendations.

European Commission: Corporate governance
Overview of current regulations and updates covering directors and board members, shareholders, employee share ownership, remuneration policies, transparency, and financial institutions. The page links to EU Directives, recommendations and proposals.

Law and regulation

Doing Business law library
World Bank
Collection of business laws and regulations from economies around the world, linking to official government sources. Topics include company law, labour, tax and trade.

The float guide: How to float a company on the Lithuanian Securities Exchange
Overview prepared by the International Bar Association describing the process for initial public offering (IPO) by companies. The guide explains the steps involved and offers a typical timetable.

Forums and support networks

Association of Lithuanian Chambers of Commerce & Industry
A forum for business people to network and encourage best practice, trade and investment.

British Chamber of Commerce in Lithuania
A support network for promoting business and trade between Britain and Lithuania.

Lithuanian Chamber of Commerce in the UK
Network representing UK and Lithuanian businesses.

Enterprise Europe Network
Network created by the European Commission of business support organisations helping SMEs to gain access to the EU market.

Embassies and consulates

Publications

Buy books from Amazon on doing business in Lithuania

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

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