As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
Commonly, legal opinion is what we consider as an experienced lawyer’s advice. It is presented in the form of a document prepared by a client’s requirement. The article will provide you with all interested details regarding the provision of legal consultation. Legal opinion: Why do we need it? Banks frequently demand LOs from risky businesses…
1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
1. Trade License Acquiring a pervasive trade licence is a pivotal step for most commercial functioning in Switzerland. This licence is mandatory that assures your commercial functioning bonds to indigenous market rules and protocols. Here’s what you should know: Submission routine: You can apply for a commercial licence to the local canton’s market branch. This…
This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
Seize the opportunity to effortlessly establish your business in the UK with our ready-made company, complete with premium bank accounts at Barclays and HSBC. Key features Company for Sale in UK with Barclays & HSBC Accounts Company Details: – Incorporated: 2024 – Registered Address: England – Company Type: Private Limited Company – Nature of Business…
Are you ready to establish your business presence in the UK effortlessly? Discover our exclusive offer—a ready-made company with immediate access to Natwest, Revolut, and Wise bank accounts. Here’s what you need to know: Key features Company for Sale in UK with Established Bank Accounts – Company Details: Founded in 2024, work in non-specialised wholesale…
An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
Zurich
+41 435 50 73 23Kyiv
+38 094 712 03 54London
+44 203 868 34 37Tallinn
+372 880 41 85Vilnius
+370 52 11 14 32New York
+1 (888) 647 05 40Permanent resident card in Lithuania – interesting possibility. Lithuania is a country that opens prospects for those who want to penetrate the European environment and change their social status.
Registration of a Lithuanian permanent resident card has many advantages. The population of Lithuania is distinguished by its friendliness and loyalty to immigrants. In addition, the climate for business development in Lithuania is quite comfortable.
In addition, EU membership gives the following:
In order to obtain a permanent resident card in Lithuania, there is no need to get documents as for the absence of a criminal record. In addition, there is no need to be constantly in the country in order to keep the acquired status.
Lithuanian permanent resident card is the right to official employment.
With a permanent resident card in this country, you can buy a car, get a mortgage, conduct business and, that is the most important, apply for a permanent permit, which is issued for ever and gives the privileges of a resident of a member state of the European Union.
A standard Lithuanian permanent resident card is issued for 1 year, and then it must be renewed. This procedure will need to be repeated periodically for 5 years, after which you can apply for a permanent status.
Applications are considered within 6 months, no more. In fact, everything happens much faster. Then, if an affirmative decision is made, the applicant gets a plastic ID card that replaces the visa.
You can submit documents only personally. An authorized person cannot do it. Among the basic reasons for obtaining a Lithuanian permanent resident card are the following:
The peculiarities of the registration procedure and the likelihood of a positive answer depend on each specific case, but, in general, the right to receive a Lithuanian residence permit is available to those who:
According to the Law, only citizens of Lithuania or persons who own a local business can buy real estate.
The company must be registered at least 6 months before sending a request for acquiring the status of a citizen. The company must employ at least three persons who are citizens of Lithuania or have a legal status.
The organization will need a legal address, and the applicant will need confirmation of a place of residence in the country.
As a rule, the most common form of a newly created enterprise is an LLC (rarely a JSC is chosen by the applicant). The owner also undertakes to promptly calculate payment for the work performed, pay the appropriate fees and tax duties.
Otherwise, the authorities may decide to refuse to issue a residence permit or to renew it for the next period.
However, it should be noted that in Lithuania there are very low rates in the taxation system and acceptable expenses for the maintenance of the organization, so the conditions for doing business there are in the hands of the entrepreneur.
A person applying for a residence in Lithuania needs the following:
For the first period, a residence permit can be issued only for the applicant. If it is planned to obtain a passport for a spouse or spouse, or children, then this will become possible with the next renewal of the document.
Immediately after the main applicant is granted status, spouses and children can receive a multi-visa.
The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.