ESTABLISHMENT OF AN AGRICULTURAL COMPANY (ŽŪB)
ŽŪB ESTABLISHMENT
An Agricultural Company (ŽŪB) is a business form known for its simple management and excellent tax benefits. It is an ideal choice for those looking to develop agricultural or related activities. Thanks to the state-provided benefits, it is easier for businesses to become more competitive. The establishment of ŽŪB can be done in two ways: electronically or through a notary.
For any questions about setting up an ŽŪB, 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:
- 4-5 business days
COMPANY ESTABLISHMENT COST:
- Starting from €180
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)
ŽŪB ESTABLISHMENT ONLINE
180€
ex VAT
ŽŪB ESTABLISHMENT VIA NOTARY
380€
ex VAT
Establishing an Agricultural Company Online
Establishing a Agricultural Company (ŽŪB) Online is a cheap and quick way to start a business. All you need to do is come up with a business name and have an electronic mobile signature, and you can leave the rest to our team. You will be able to sign the documents without leaving your home. The entire process will take you only 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 establishment of an Agricultural Company (ŽŪB), you can consult:
Phone: +370 615 32117
Email: [email protected]
ŽŪB Establishment Via Notary
For any questions regarding the establishment of an Agricultural Company (ŽŪB), you can consult:
Phone: +370 615 32117
Email: [email protected]
More About Agricultural Company (ŽŪB) Establishment
An Agricultural Company (ŽŪB) is a private legal entity with limited civil liability, where the revenue from agricultural production and services constitutes more than 50% of total income during the financial year.
ŽŪB can have two types of participants – members and shareholders. The minimum number of members is two. The key difference between members and shareholders is that shareholders do not have the right to vote at the company’s general meetings. Members can only be natural persons, while shareholders can be both natural and legal persons. All participants have separate assets from the company’s assets.
An agricultural company is exempt from profit and real estate taxes and does not need to contribute to the road fund.
The founders of ŽŪB can be both natural and legal persons from Lithuania or abroad. The company’s founding documents include the establishment agreement, a list of members, the minutes of the founding meeting, and the company’s statutes.
