Individual Enterprises

The individual enterprise is a private legal entity of unlimited liability. The founder of an individual enterprise may be only a legally capable natural person. From the moment of the enterprise registration the founder of the individual enterprise shall be considered as the owner of the individual enterprise. The individual enterprise shall be registered after the appointment of the individual enterprise manager, where he is not the owner of the individual enterprise, and after the filing with the Legal Entities Register of the documents specified in the Civil Code as required for the enterprise registration.

Registration procedure of individual enterprises and information, documents which are needed for registration

The registration of an individual enterprise should be started from filling the symbolic name reservation application.

The Civil Code of the Republic of Lithuania (Article 2.39 of Part 3) prescribes that "the name of the legal entity shall not contradict the social order and principles of morality or mislead the public as to the incorporator of the legal entity, its member, place of registration, corporate goals, legal form or because of its identity with or similarity to the names of other legal entities, names of foreign enterprises, institutions and organizations, trade marks that are known to the Lithuanian public. The name of a legal entity shall not be confusingly similar or identical to well known trade marks or trade marks that have been already registered." Part 1 of Article 2.40 of the Civil Code of the Republic of Lithuania states that "the name of a legal entity must be made up of words or combinations of words used in a direct or figurative meaning." Part 2 of Article 2.40 of the Civil Code states that "the name of a legal entity must be made up in compliance with the norms of the standard Lithuanian language and it may not be made up only of a word (words) identifying only a direct type of activities or only of a place-name, or only of another word (words) which does not have a distinguishing feature".

If you choose to use our services, you should provide us with the following documents in order to register an individual enterprise:

  • Passport data (first name, surname, home address, nationality, personal ID No., passport series and No.) and contact phone No.;
  • Legal address in Lithuania and a written consent of the owner of the premises to provide the premises;
  • Projected activities.
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