In Lithuania, a partnership (Ūkinė bendrija) may take two legal forms: The general partnership in Lithuania shall be an enterprise all of whose members are general partners. The limited partnership…
A municipal enterprise shall be an enterprise, established from funds legally belonging to the municipal enterprise, or shall be one which has in accordance with the law, been transferred over…
Trade Union Persons who are legally employed under an employment contract or on other statutory grounds in the territory of the Republic of Lithuania shall, in accordance with the procedure…
Religious Community A religious community is a group of individuals aiming to fulfill the goals of a particular religion. It may serve as a local branch of a corresponding religious…
Establishing and operating a political party in Lithuania A political party in Lithuania – shall be a public legal person who has its own name, has been established pursuant to…
Apartment Building Owners’ Association A non-profit organization that implements the collective rights, duties, and interests of the owners of the premises in the building, related to the management, use, maintenance,…
Private limited liability company in Lithuania Is a legal person with limited liability whose authorised capital is divided into shares. It may be formed for any business not prohibited by…
The public limited liability company Is a legal person with limited liability. The amount of the statutory capital of a public limited liability company may not be less than 43443…
Immovable Property Property is classified as movable and immovable. Immovable objects is generally land and other items that relate to the land and can not be moved from one place…
Real Estate Purchases and Sales in Lithuania A purchase-sale agreement is a contract in which one party (the seller) undertakes to transfer an object (good) to the other party (the…