Speed


- Ultra-fast company transfer
- All clear - fixed cost - no surprises
- Easy - just pick the company and tell us when you coming
Read more

 Fast banking


- Good relationship with most important banks
- Unlimited bank accounts - no caps/no limits
- Foreign bank accounts
Read more

 Many Addresses


- Multiple address locations
- Virtual Office service
- Landlines
Read more

 Support


- physical office arrangement/ staff recruitment & accounting
- tax inspection handling / EORI & GIOS
- WDL Trading / Energy / Electricity / Natural gas trading licenses
Read more

Lithuania


Lithuania is a Baltic state that borders with Poland, Latvia, Belarus and Kaliningrad. It’s capital, Vilnius, has more than half a million inhabitants. The country jointed the European Union in 2004, has an advanced economy and ranks very high in Human Development Index.

Lithuania is one of just a few countries in the CEE region that adopted euro. The common currency replaced Lithuanian litas in 2015. The state is known for robust IT sector and the fastest broadband internet in the continent. According to Forbes magazine, it is one of the top 5 entrepreneurial hubs in Europe.
Lithuanian company law provides for several types of legal structures. The most commonly used ones are public and private limited company (AB/UAB), general and limited partnership, individual enterprise and micro company. Business entities need to register in Register of Legal Persons of the Republic of Lithuania administered by the State Enterprise Centre of Registers.

In case of private limited liability companies, the initial capital may be no less than 2,500 EUR. Shareholders may be natural or legal persons. The Memorandum of Incorporation shall be drawn up when a company is incorporated by two or more shareholders. If the company is incorporated by one person only, a Deed of Incorporation shall be drawn up.

The Law on Financial Reporting of Entities states that UAB companies are under obligation to prepare annual financial statements and an annual report. They need to be drawn up in Lithuanian. If certain conditions are met, the statements need to be audited.
In Lithuania, the general corporate tax rate is 15%, which makes the country one of the most investor-friendly places in Europe. Additionally, entities whose income in a fiscal year does not exceed 300,000 EUR and the number of employees is no greater than 10 are enjoy a reduced 5% rate.

Fiscal law provides incentives for research and development activities. Withholding tax on dividends is 15% (EU entities are exempt). Capital gains are treated as general income. Loss carry-forwards are permitted as long as they do not exceed 70% of taxable income. Consolidated tax returns are not permitted.
Lithuania is a member of WTO and OECD. Important sectors of the country’s economy are services, agriculture, petroleum industry and food processing. The ice-free port of Klaipeda with a container terminal and a natural gas terminal is of strategic importance to the state. The location between Russian and Wester Europe make Lithuania an important transit hub.
Lithuania is a parliamentary republic whose laws are governed by the Constitution of 1992. The state’s parliament (Seimas) is unicameral and consists of 141 members. The head of state is the President who appoints the Prime Minister and the Council of Ministers consisting of 13 ministers (chosen by the head of the government).
In Lithuania there are seven commercial banks and a similar number of foreign bank branches in operation. The biggest ones in terms of assets are SEB, Swedbank and Šiaulių bankas. The supervision authority for the entire financial sector is Bank of Lithuania, the state central bank. Last year, the central bank granted a banking licence to Revolut.

Welcome message


ShelfCompanies24.com is one of the leading providers of ready made companies and special purpose vehicles (SPVs) as well as other investment structures delivering outstanding service at very reasonable prices and at highest speed. We have setup and sold hundreds of companies. Our company is considered trustworthy and reliable by our clients as well as by many professional law firms and tax advisers.

What is very unique in our style of operation is the fact that we have our ready made companies already registered in many various countries. All other providers have one address where they keep their shelf companies registered so that client wishing to buy more than one company with different address cannot be satisfied.

Many competitors may be offering lower prices however this always is at the expense of service and provided company quality. Our core activity is company formation and sale of ready made companies thus all members of our team have appropriate professional background. Our shelf companies are formed in accordance to all relevant laws and procedures by the team of qualified and experience professionals and lawyers. On the other hand the maintenance of our ready made companies is performed by licensed and proficient accountants and tax advisers. Therefore our clients can be sure that a shelf company they buy from us is clean, with no debts or tax issues, is formed professionally and its Articles of Association are of high quality.

Our main clients are private investors, traders, law, audit, accountancy and tax advisory firms as well as banks and investment funds. Throughout the years of activity Shelfcompanies24 has been enjoying the reputation of the fastest and most responsive shelf company provider.
Our ready made companies have been formed and maintained by our team. Therefore we always guarantee their quality and that they are debt free, with no trading history and consequently riskless to build new ventures on.

Our services do not finish on the sale of shelf companies or company formation. We provide also many other related and necessary services so that we can be treated as a one stop shop in a business setup in many countries. We are also experts in tailor made company formation as well as compliance and registering various changes within the company like director appointments and dismissals, company name change, share capital increase or decrease, company address change and many other issues.

We also provide tax and legal advisory services that are inevitably required by the businesses. We cooperate with many reputable tax and legal advisory firms whose services we can also recommend when the nature of the problem requires certain field specialist engagement.

For those clients who have a need to present their companies documents in foreign countries we provide apostille and translation services. After company sale documents can simply stay with us for the purpose of their apostille or legalisation and sworn translation to any desired language. This service is mainly required when there is a need to open a foreign bank account for a shelf company.

Furthermore we have agreements with many different accounting offices so that we are able to offer a wide choice of the particular accountant that will be dealing with client’s company. Also in case two or more of our clients are trading partners we can ensure that their books will be handled by separate and independent accountants.

Ultimately we can also support with a procedure of liquidation/bankruptcy of a company if a client wishes to withdraw their business presence. In this case we can either manage the process of liquidation or bankruptcy on client’s behalf or simply just dispose the assets and takeover the company so that the clients can enjoy fast exit.

Testimonials  

  • The company delivered a ready-to-go business, with VAT and EU VAT registration. Paperwork and the whole re-registration process was handled efficiently. I recommend this to anyone looking for a no-hassle company acquisition.

    Lionel Ronald

  • Company name of your choice? Check. Accounting services? Check. Help with tax authorities? Check. Finding a translator? Check. What can I say, these people are great and can help you with just anything.

    Sarah Duke

  • We needed to start building our presence in Poland fast, and a ready-made company seemed like the best option. We got presented with several location choices, picked the company name, signed some paperwork and were good to go. We got a company that was VAT-registered, with multiple bank accounts, just as we wanted.

    Jon Kim

  • Thank you for all the help. Your after-sale support is what sets you apart from the competition. It was important for me to get comprehensive company services at one place, with accounting, banking, tax issues handled for me, etc. I got everything I needed.

    Garret Lopez

  • I really recommend this website if you are looking for a shelf company in Poland. The companies are already registered, with no history and all documentation in place. This is really a great solution if you want to start your business ASAP. And the range of available post-sale services is just amazing.

    Francis Klein

  • Thank you for your support! Your advice was invaluable. Polish tax and legal provisions can really be a pain in the neck, but with your help I am able to get going.

    Eugene Syracuse

  • Not only did we need a new company, but also someone to take care of our accounting and compliance. Now, we must say ShelfCompanies24 helped us to transition smoothly into the Polish market. Good work, guys!

    Samantha Earthling

  • The company indeed delivers what it promises. I was able to start business in less than no time, with all the formalities taken care of by a super nice team of people. This is a good stop if you want a ready-made company operating in Poland.

    John Mathews

Latest News

 

2016 Regional Competitiveness Index

Beata Andziak  Comments (0)
The European Commission published the 2016 edition of its Regional Competitiveness Index. The index, prepared for the third time in history, presents detailed information on the development of all regions in the European Union. The...

Our Team

Elżbieta Jagieła

Director

Elżbieta has graduated from Cracow University of Economics. Her specialization was Economy and Management. Elżbieta supervises the whole business activity of ShelfCompanies24.com and manages all company’s affairs.
Beata Andziak

Company Formation Specialist

Beata has graduated from Wrocław University as well as Collegium Civitas Warsaw. At ShelfCompanies24.com Beata is responsible for company formation, shelf companies, foreign bank accounts and customer service.
Iwona Pietras

Corporate Client Service Specialist

Iwona is a graduate of European Studias at Cardinal Stefan Wyszyński University in Warsaw. At ShelfCompanies24.com Iwona takes care of Customer Service concernig company formation and bank accounts opening assistance.

Maciej Alba

In-house
Lawyer

Maciej is a graduate of Law Faculty at University of Gdańsk. He is currently is an attorney trainee. At ShelfCompanies24.com Maciej takes care of compliance and company registry issues.
Adrianna Waliszewska

Corporate Client Service Specialist

Adrianna has completed a master degree in law at European School of Law and Administration. At ShelfCompanies24.com Arianna is responsible of customer service, logistics as well as relationships with the banks.