Abakan
From: Lithuania
1/5/2009 17:18 EST
Well, it is going to take 6 months to process your permanent residency permit and you are allowed to stay here for only 3 months without a visa. So either you start the process and leave the country, pay a big fine, or file in advance.
On the other hand, according to art. 45 of the Law on the Legal Status of Aliens (http://www3.lrs.lt/pls/inter3/dokpaieska.showdoc_l?p_id=243642), you can arrive in Lithuania, immediately present the registration documents for your company, and then apply for a temporary residency permit, which takes 3 months to obtain. Then you would only have to leave to leave for a week or so at worst.
As to registering a company (I presume you prefer a joint stock company, not a sole proprietorship), you need a company name (If you send it to me, I can check it in the register. A Lithuanian name is preferable.), the address (including the building’s unique (ID) number) of the registered office (Since you presumably don’t own it, you will need an official statement from the owner of the property confirming that s/he will allow the company to be registered at said address.), notarised copies of the incorporation documents (memorandum of incorporation (steigimo aktas) and statutes (istatai)), the list of company organs, and LTL 10 000 deposited in the company’s settlement account (opened by right of the memorandum of incorporation). The registration fee is about LTL 200 and the notarisation fee used to be around LTL 600 but has probably increased to LTL 800 to comprise the LTL 1000 figure you quoted.
Copies of memoranda of incorporation and statutes should be available on the internet. I can look if you are going to register the company yourself. All documents will need to be presented in Lithuanian, including most likely a translation of your passport.
If you wish to hire a company, Finreda (http://www.finreda.net/eng/index.htm) specialises in founding companies for foreigners. I don’t know what their fees are.
Good luck.
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