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Small partnership (MB) / Individual enterprise (IĮ) formation

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Setting up a small partnership (MB) or sole proprietorship (IĮ) is easier with our help. We handle every document required for MB or IĮ formation and support you through registration. We also walk you through the key aspects of the process.

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About the services - MB / IĮ formation

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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.

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Helping businesses grow

We solve accounting challenges for different companies.

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Many years of experience

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

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Putting the customer first

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

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Operational decision system

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

The process of providing accounting services

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A frank conversation

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

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Situation analysis

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

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We make an offer

We provide a cooperation offer, take over the documents.

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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 you need a notary for MB / IĮ formation?
No, provided that all documents are submitted through the Centre of Registers self-service portal using electronic signatures. A notary is only required in exceptional cases.
Does the MB / IĮ founder need a registered address?
Yes — during MB / IĮ formation you must provide a registration address and submit the owner's consent if the property isn't yours.
When can you start operating after MB / IĮ formation?
Immediately after registration with the Register of Legal Entities. A VAT code or other permits are only required for certain types of activities.
Do you need a notary when setting up an MB / IĮ?
Nevisada. Electronic incorporation does not require a notary. However, if the incorporation documents are not signed with an electronic signature, a notary is required.
Can a foreigner set up an MB / IĮ in Lithuania?
Yes — EU citizens can set up a company in Lithuania without restrictions. Non-EU citizens can also do so, though in some cases additional documents may be required (such as a residence permit or an authorised representative).

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