Before starting a business, it’s essential to choose the right business structure based on your activity and needs. To do this, ask yourself a few key questions:

• Are you aiming to generate profit, serve the public interest, or unite people with common goals?
  If your goal is profit, consider forming a UAB (private limited company), MB (small partnership), or IĮ (sole proprietorship). If you’re working alone, IĮ is a good fit. For businesses with partners, UAB or MB may be better options.
• If you’re creating an organization to defend specific group interests, an association or public institution (VšĮ) might be ideal. For charity-related activities, consider a charitable foundation.
• What size business do you plan to create? Larger businesses might benefit from forming a UAB or MB due to tax advantages and flexibility in attracting investors.
• Will your organization rely on donations or grants? If yes, choose a non-profit form such as a VšĮ, association, or charity, which can qualify for public support and serve the community.

By clarifying these aspects, you can select the most suitable business structure for your needs.

The timeline for company establishment varies depending on the type of entity and the specific requirements. Typically, it takes 5-10 business days for company registration, although certain entities may require additional time for documentation and compliance checks.

We offer business and legal consultations focused on:

• Employment law and HR policies
• Company formation and corporate structuring
• Tax advice for new businesses
• Compliance with local and international regulations

We specialize in human resources management, including recruitment, onboarding, employee training, and HR compliance. We can also assist with employee benefits, payroll management, and workplace policy development.