Here are the main differences between the Estonian and Lithuanian e-residency programs.
Estonia | Lithuania | |
---|---|---|
Online application | Yes | Yes |
Cost of application | 100-130 EUR | 90 EUR |
Application time | 30 mins | 10-15 mins |
Ease of Doing Business rating (2020) | 18th | 11th |
Cost of starting a business | 190 EUR | 73 EUR |
Annual company running costs | Legal address + contact person 120-730 EUR | Legal address 45-500 EUR |
Corporate tax rate | 14-20% | 0 – 15% |
As you can see, there are a number of differences between the programs and it can come down to the scale of your business.
Lithuania’s fee is cheaper than Estonia’s and the cost of doing business in the country can be considerably cheaper than its northern counterpart.
Applying for Lithuania’s e-residency program is also four times faster than Estonia’s, taking only 10 minutes in most cases.
Lithuania’s impressive Ease of Doing Business ranking, excellent infrastructure, cheaper application fee, and lower company running costs make its e-residency program the stand-out choice.
Let us help you get started
If you’re looking to establish a company in Lithuania, Creada is ready and waiting to help you throughout every step of the process.
Setting up a Lithuanian entity couldn’t be more straightforward, thanks to our dedicated team that comprises over 20 years of experience in the sector. Over that time, we\ve introduced over 800 effective business solutions to our clients.
Here’s what we can offer you:
- A tailor-made solution — we take time to get to know you and understand your business, helping to produce a bespoke, high-quality solution.
- A one stop-shop — We offer an extensive range of B2B services. Company registration, banking, and complete corporate services.
- We speak your language — Our dedicated team has a strong background in providing a wide range of services and are fully-proficient in English, Lithuanian, and Russian.
- Remote services — Almost all of Creada’s services can be delivered remotely, meaning that you don’t need to be in Lithuania to get things done.
If you’re interested in the Lithuanian e-residency program, get in touch with us today to book your free 15-minute consultation.