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Registering a sole trader

Dviejų žmonių pokalbis dėl individualios veiklos steigimo
Registering a sole trader is the perfect start for a self-employed business. We’ll help you to follow all the steps for setting up your own business. We will guide you through the accounting procedures and help you register your business.

* You will be taken to our e-shop website

Dviejų žmonių pokalbis dėl individualios veiklos steigimo

About the services - setting up your own business

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QUESTIONS?

Discuss your needs today

Contact us for a free consultation to discuss how we can help you

Why choose us?

ELV Projects are professionals and enthusiasts in their field and can help you with a wide range of issues. We take care of company accounting throughout Lithuania and remotely.

Helping businesses grow

We solve accounting challenges for different companies.

Many years of experience

In our 11 years of existence, we have served more than 300 different businesses.

Putting the customer first

We listen to our customers’ needs, advise them and solve problems.

Operational decision system

We take care of your bookkeeping without holidays! Contact us the same day.

The process of providing accounting services

A frank conversation

We get to know the client’s situation, understand their wishes and expectations.

Situation analysis

We analyse the client’s situation and provide the best solution.

We make an offer

We provide a cooperation offer, take over the documents.

We care about you

We take care of the client’s bookkeeping and advise on business issues.

Our customers speak for us

GET A QUOTE

Put your company’s bookkeeping in the hands of professionals!

Frequently asked questions

Do I need incorporation documents or share capital to set up a sole proprietorship?
No, a sole proprietorship does not require incorporation documents or capital - just a registration form.
Can I carry out several activities with one sole trader?
Yes, it is possible to select several individual activity codes according to the Economic Activity Classification (EAC).
What is the tax liability of the operator of an IDV?
IDVs pay personal income tax (PIT), PSD and SSD. The amount of payments depends on the accounting method chosen and the income.
Can I hire employees as a sole trader?
No, an IDV cannot be an employer - it is a personal activity. However, it is possible to collaborate with other self-employed persons or use subcontractors.
How long does it take to register a sole trader?
Registration of an IDV through the Tax Inspectorate (VMI) system is very fast - it is usually approved on the same day, and the individual activity certificate is generated immediately after registration.