Lithuanian jurisdiction is interesting in terms of free access to European markets and protection from double taxation. “Zero” tax rates are rare for entrepreneurship through a Lithuanian company, but cheap establishment and maintenance of the company is also an advantage.
Lithuanian jurisdiction is often a “transit point” for obtainment of a residence permit in Europe.
It is beneficial to create holdings, to pay dividends, royalties and interest, as well as to manage trading activities and to participate in government procurements in the Lithuanian jurisdiction.
It is possible to get free of the obligation to pay the tax on the capital gains in the Lithuanian jurisdiction.
When opening a bank account, a personal presence at the bank of non-residents is required.