The tendency of Latvian entrepreneurs establishing enterprises in other Baltic States becomes increasingly frequent. The accession of Lithuania to the European Union (EU) in 2004 ensured not only additional advantages for business in the territory of Lithuania, but also in the Member States of the EU and the countries that are members of the Commonwealth of Independent States, thus providing an opportunity for more successful development of the economic relations between Latvia and Lithuania.
Registration of Lithuanian companies is performed by the state enterprise - Centre of Registers. The Centre of Registers is a state enterprise with limited civil liability. It was established by the Ministry of Justice of the Republic of Lithuania on 8 July 1997 by using State resources.
The most significant function of the Centre of Registers is management of the three following main registers of the state:
Real Estate Register;
Register of Legal Entities;
Register of Addresses.
Submitted 1 day(s) ago by dainikastro
Submitted 1 day(s) ago by pressreleasekolkata