Charity fund formation in Lithuania

Formation typically takes around 5–15 working days, depending on document preparation and the current workload at the Centre of Registers.

You'll need the founding act, statutes, founder details, and information about the fund's objectives. Depending on the formation method chosen, notary authentication or additional declarations may also be required.

A fund is a non-profit organisation whose primary purpose is to provide charity and support — not to operate in the interests of its members or founders. A fund cannot have members, and its profits cannot be distributed.

If the fund wants to receive support from individuals or companies (for example, the 1.2% GPM donation), you'll need to apply for paramos gavėjas (support recipient) status. It's an additional but important step after formation.