Kaunas is a great place to start and develop a new business. Choose the most suitable business form, get acquainted with procedures for establishing and developing a business venture and embrace opportunities, provided for your business. Become a part of Kaunas city business community!
Selecting type of company
The founder of business has an opportunity to choose the most suitable business form for its venture. Most widespread types of companies in Lithuania are – small partnership, private limited liability company and individual enterprise. How to choose the most suitable legal entity for a newly established business? Find more information here.
The founder of business may choose to pursue an individual activities. You may choose between two options: become self-employed without taking out a business certificate or become self-employed according to a business certificate.You can find the key differece between implementation of these two individual activities here.
Procedure for establishing business
1 day
Open an accumulative bank account with minimum capital
1 day
Submit establishment documents to a notary
3 days
Submit establishment documents to a notary
1 day
Open a settlement bank account for ordinary transactions
The average duration of business establishing procedure is 3 days. Find all information about the procedure for establishing business here.
Ease of starting business World ranking
Ease of doing business World ranking
Time needed to establish a business
Business development opportunities
National public funding, provided by MITA
MITA provides national public funding for projects participants in the national and international research and innovation programmes.
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EU funding for business
EU provides access to financial instruments, opportunity to participate in competitions for funding as well as to participate in public purchases as a service provider for project implementers.
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Incentives for investment projects
Businesses implementing investment projects have the opportunity to benefit from a income tax incentive.
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Kaunas Free Economic Zone
Kaunas Free Economic Zone (Kaunas FEZ) grants exclusive tax incentives and conditions for enterprises operating in the FEZ.
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Startups
Kaunas city carries out various initiatives during which young entrepreneurs are encouraged to develop new ideas.
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Other business development opportunities
Kaunas city is ready to talk and look for the most suitable decisions for you.
Contact us