Lithuania UAB
Uždaroji Akcinė Bendrovė
Time of Update: 2026-03-31
UAB is a legal entity in Lithuania, abbreviated as Uždaroji Akcinė Bendrovė. It is a form of joint stock company with limited liability. UAB does not publicly participate in the market, and therefore does not require public shareholders. According to Lithuanian law, UAB must have at least one shareholder and one director. Unlike in other countries, foreigners can serve as directors of a Lithuanian UAB without the need for local residents. Additionally, UAB is not required to appoint a legal representative or company secretary. According to Lithuanian law, the minimum registered capital for UAB starts at 2500 euros. Verification capital refers to the funds that must be paid before company registration, and this also applies to UAB. Therefore, UAB needs to pay a minimum of 2500 euros before registration.
Lithuania UAB Basic Information
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Publicly Participates In Capital Market:
Negative
Lithuania UAB Shareholder / Director / Secretary Requirements
Requirements For Shareholders:
At least one
Requirements For Directors ::
At least one
Legal Representative Not Mandatory:
Negative
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Lithuania UAB Registered Capital Requirement
Minimum Registered Capital Requirement:
1. Starting from 2500 euros.
Capital Injection Not Required:
Negative
Capital Injection Requirement:
The share capital of 2 500 EUR deposit is required in order to incorporate a UAB in Lithuania.
Lithuania UAB Memo
Memo:
N/A
1 Outcome Product
LT
Lithuania
CI - Company Incorporation
Lithuanian UAB Company Incorporation
From EUR 1,300.00 /
Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
LT - Lithuania
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