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Setting up an MB/IE

Setting up a small partnership or a sole proprietorship becomes easier with our help. We’ll take care of all the documents for setting up an MB or an IJ and help you with the registration. We will guide you through the essential aspects of setting up an MB/IE.

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About the services - setting up an MB/IE

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from 150 Eur + VAT
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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

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

Frequently asked questions

Do I need a notary to set up an MB/IE?
No, if all documents are submitted through the self-service system of the Centre of Registers with electronic signatures. A notary is only needed in exceptional cases.
Does the founder of an MB/IE need a registered office address?
Yes, the address of the registered office and the owner's consent are required when setting up an MB/IE if it is not an asset of your own.
When can I start working after setting up an MB/IE?
Immediately after registration in the Register of Legal Persons. A VAT code or other authorisations are only required in certain cases, depending on the nature of the activity.
Do I need a notary when setting up an MB/IE
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/IE?
Yes, EU nationals can set up a company in Lithuania without restrictions. Non-EU nationals can too, but sometimes additional documents are required (residence permit, authorised representative).