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Doing Business In Lithuania

Information on doing business In Lithuania provided by independent local law and accounting firms

If you are an entrepreneur or small or medium sized business, you will find a range of information and expert professional advice you need to set up a business in Lithuania.

Need professional advice?
Potential investors are advised to consult one of our professional service firms at an early stage as they will be able to ensure that all matters relevant to the particular requirements of their business are identified.

To contact a local MSI member firm click here or on the 'Contact a local firm' button.  If you require professional advice in a city not listed, please contact the MSI Secretariat directly.
 

Lithuania Fast Facts
GDP (PPP) US$49.41 billion
GDP per capita (PPP) US$13,700
GDP real growth rate 7.5%
Inflation 2.7%
Local currency Litas (LTL)
Exchange rate 2.6957 LTL : 1 US$ (Nov 2006)
Capital city Vilnius
Population 3,585,906 (July 2006 est.)
Ethnic groups Lithuanian 83.4%, Polish 6.7%, Russian 6.3%, other or unspecified 3.6% (2001 census)
Language Lithuanian (official) 82%, Russian 8%, Polish 5.6%, other and unspecified 4.4% (2001 census)
Religion Roman Catholic 79%, Russian Orthodox 4.1%, Protestant (including Lutheran and Evangelical Christian Baptist) 1.9%, other or unspecified

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