ASSOCIATION ESTABLISHMENT
ASSOCIATION ESTABLISHMENT
An association is a non-profit legal entity with limited civil liability, whose primary purpose is to represent the interests of its members, coordinate activities, and fulfill other public interests. Like a public institution, an association is focused on the common benefit of its members, but unlike other legal forms, an association can only be established by at least three individuals (either physical or legal persons), meaning that it cannot be founded by a single individual. It is also important to note that the name of an association can include various synonyms that define this legal form, such as “society,” “club,” “union,” “public organization,” “union,” “confederation,” and more. All of these terms operate under the same Associations Act, giving you greater flexibility in choosing a name that suits the specific nature of your activities.
For any questions about setting up an Association, you can consult:
Phone: +370 615 32117
Email: [email protected]
OUR SERVICES:
- Free consultations
- Verification and registration of the business name
- Preparation of company founding documents
- Option to order a company stamp if desired
COMPANY ESTABLISHMENT TIMEFRAME:
- 5-7 business days
COMPANY ESTABLISHMENT COST:
- Starting from €230
THE PRICE INCLUDES:
- Document preparation
- Free registered address for the first year
- Register of Legal Entities fees
- Data submission to JADIS (Legal Entity Information System)
ASSOCIATION ESTABLISHMENT VIA INTERNET
230€
ex VAT
ASSOCIATION ESTABLISHMENT VIA NOTARY
380€
ex VAT
Establishment of an Association online
Establishing an association online is an affordable and quick way to start your business. All you need to do is choose a business name and have a valid electronic mobile signature, while the rest can be taken care of by our team. You’ll be able to sign the documents without leaving your home. The entire process will only take about 1 hour. We will:
– Provide free consultation;
– Verify and register the business name;
– Prepare the company establishment documents;
– Provide a registration address for free;
– If desired, we will order a company stamp.
For any questions regarding the online establishment of an Association, you can consult with us:
Phone: +370 615 32117
Email: [email protected]
Association establishment through a notary
For any questions regarding the online establishment of an Association, you can consult with us:
Phone: +370 615 32117
Email: [email protected]
ASSOCIATION PROS
Associations advocate for the interests of their members, ensuring their voices are heard by policymakers and the public.
Many associations are eligible for grants and funding, which can support their activities and initiatives.
Many nonprofit associations can qualify for tax exemptions, reducing their financial burdens.
There is strength in numbers. An association can amplify the voice of individuals, making it more likely that their concerns will be addressed.
ASSOCIATION CONS
Establishing and maintaining an association requires compliance with various legal and regulatory requirements, which can be time-consuming and complex.
Maintaining engagement and membership over time can be difficult, leading to potential sustainability issues.
Many associations operate with limited budgets and volunteer support, which can hinder their ability to execute projects effectively.
More About Associations
The primary goal of an association is to represent the interests of its members, ensuring that public institutions take their needs into account, and to foster collaboration with foreign organizations pursuing similar objectives. As a result, associations become an essential tool for individuals with common interests. Establishing an association in Lithuania can be a meaningful step toward strengthening community ties, addressing specific issues, and promoting active societal participation. However, prospective founders should carefully assess potential challenges, clearly define objectives, and plan their actions thoroughly to ensure success.
However, prospective founders should carefully assess potential challenges, clearly define objectives, and plan their actions thoroughly to ensure success.
