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COMPANY PURCHASE PROCEDURE

BusinessLT, 2016

STEP 1. Contacting us

Please fill in a contact form in our webpage, email us at info@businesslt.com, or simply call us at +370 604 30006. We promise our immediate response.

STEP 2. Choosing a company. Sending information

After you contact us, we will email you a list of available companies. Also, we will offer to form a new
company specifically for you (with your desired name and other preferences).

After choosing one of the options, you will be asked to send the information about the purchaser:
  • if a purchaser is a natural person – we need a copy of his valid passport, residence address and contact data – email and phone No.;
  • if a purchaser is a company – at the beginning we need its name, code and registration address. After receiving this, we will send you the full list of documents and information we need.
BusinessLT guarantees 100 percent confidentiality. We take all the responsibility and oblige not to use the data we had received in any other purpose except for the formation and/or purchase of your company.

STEP 3. Payment. Meeting at the notary.

Company purchase documents must be signed at the notary. After we get all the required information from you, we prepare company purchase documents within 1 day, and discuss with you when you can come to Vilnius, Lithuania to sign the purchase documents at the notary.

Also, we send you the preinvoice for our services which must be covered by bank transfer in full prior to our meeting at the notary. We are not able to accept cash, credit card, Paypal, or any other type payment except the bank transfer.

Our bank details are:
UAB BUSINESSLT
address: Žvejų str. 14A, Vilnius, Lithuania
company code 302279562, VAT code LT100009110914
IBAN: LT03 7300 0101 3226 3673, Swedbank, AB
SWIFT: HABALT22, bank address: Konstitucijos ave. 20A, 03502 Vilnius, Lithuania

STEP 4. Signing and registration

At the agreed date and time we sign company purchase documents at the notary. The procedure takes up to 1 hour. BusinessLT covers all the notary fees as they are already included in company price. After this, we register new owner and director in the Register of Legal Entities. This takes up to 5 workdays.

BusinessLT covers all the register fees as they are already included in company price.

STEP 5. Finalizing

After the new owner and director is registered, we pass all the original documents to the purchaser. This can take place at our office in Zveju str. 14A, Vilnius, or we can post them to the purchaser ‘s residence address (postage fees apply).

AFTER PURCHASING

Company purchase agreement shall be prepared in Lithuanian and English. However, upon client ‘s request all the documents can be translated into English or any other language desired by a client (translation fees apply, duration – up to 3 days).

Upon client ‘s request company documents can be apostilled (additional fees apply, duration – up to 2 days).

After the company is purchased, the new director is free to go to the bank to confirm his rights for using the existing bank account of the company or open a new bank account. BusinessLT can offer consultation and assistance during those procedures.

In order to avoid unlawful acts or misunderstandings, BusinessLT highly recommends to hire a bookkeeper or sign an agreement with a bookkeeping company. BusinessLT can offer this type of service, however, the client is not obliged to purchase those services from us by any means.

WE KNOW. WE CAN HELP

There are many different types of businesses. There are many different grounds to set up in, relocate to or expand to Lithuania. There are many different reasons why you need a company in Lithuania.
During our more than 10 years of experience with foreign clients setting-up businesses here, we have managed to establish a wide network of partners and service providers to proudly be called a quality onestop-shop for foreigners settling in or relocating here.
Whether you need legal help, tax advice, you are looking for an investment project, search for people or search for trade partners any with many other topics concerning starting here – feel free to apply to us.
We promise to provide quality advise to you ourselves or direct you to the ones who will.

Questions? Ideas? Always feel free to contact us at:
UAB BusinessLT
info@businesslt.com
+370 604 30006

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