Why You Should Buy a Ready Made Company in Lithuania

Jan 19, 2025

If you are considering starting a business in Europe, buying a ready made company in Lithuania can be one of the most strategic decisions you make. Lithuania, a member of the European Union since 2004, offers a unique blend of business-friendly regulations, a skilled workforce, and a strategic geographical location. In this article, we will explore the numerous benefits of acquiring a ready-made company in Lithuania, particularly for those in the business sectors related to Doctors, Medical Centers, and Dermatologists.

The Strategic Advantage of Lithuania

Lithuania is often overlooked in favor of larger Western European countries, but its strategic advantages are compelling:

  • EU Membership: Lithuania's status as an EU member state opens doors to the single market, allowing for free movement of goods, services, capital, and people.
  • Favorable Tax Regime: The corporate tax rate in Lithuania is one of the lowest in the EU, at just 15%, with small businesses often eligible for even lower rates.
  • Skilled Workforce: Lithuania boasts a highly educated population with a strong emphasis on STEM fields, making it an ideal location for healthcare innovations.
  • Accessibility: With top-notch infrastructure and transport links, Lithuania is well-connected to key markets across Europe and beyond.

What is a Ready Made Company?

A ready-made company, sometimes referred to as a shelf company, is a pre-registered business entity that is available for immediate transfer to a new owner. This option eliminates the lengthy process of setting up a business from scratch and provides immediate access to operational capability. Here are some compelling reasons to consider buying one in Lithuania:

1. Immediate Operational Capacity

When you buy a ready made company in Lithuania, you benefit from instant operational capabilities. This means you can start conducting business activities immediately, without having to wait for registration processes to complete. This is particularly beneficial for sectors like healthcare, where market dynamics can change rapidly.

2. Established Credit Profile

Ready-made companies often come with an established credit history. This can facilitate easier access to financing options and help you secure contracts more rapidly than starting a new business with no credit history.

3. Simplified Legal Requirements

Navigating the bureaucratic landscape can often be daunting for foreign investors. By acquiring a ready-made company, you inherit compliance with local regulations, which simplifies the process of entering the Lithuanian market.

The Financial Benefits of a Ready-Made Company

Purchasing a ready-made company can have multiple financial advantages:

  • Cost-Efficient: Setting up a new company can be expensive and time-consuming. A ready-made company saves you money by reducing incorporation fees and other startup costs.
  • Tax Advantages: Lithuania's tax policies favor business operations, which can mean significant savings in the long run.
  • Immediate Revenue Potential: A ready-made company can sometimes have existing contracts or clients, giving you the potential for immediate revenue generation.

The Process of Buying a Ready-Made Company

The process of acquiring a ready-made company in Lithuania is straightforward:

  1. Choose a Reputable Agency: Start by finding a reliable firm that specializes in selling ready-made companies.
  2. Review Available Options: Look at the different companies available for sale. Review their history, financial status, and legal standing.
  3. Complete the Purchase: Once you have found a company that fits your needs, complete the necessary legal documentation to transfer ownership.
  4. Register with Authorities: Inform the Lithuanian authorities about the ownership transfer and ensure all legal requirements are met.
  5. Begin Operations: With the company registered under your name, you can start operations immediately.

Setting Up Your Business in the Healthcare Sector

When focusing on the healthcare sector, particularly for Doctors, Medical Centers, and Dermatologists, time is of the essence. Here’s how buying a ready-made company facilitates your entry into this critical and fast-paced industry:

1. Quick Access to the Market

The healthcare industry in Lithuania is growing, with an increased demand for quality medical services. By acquiring an established company, you can respond quickly to this market need.

2. Building Trust with Patients

Patients value established relationships and trust. An existing company, with a track record, can help you build immediate credibility in the marketplace.

3. Collaboration Opportunities

Buying a ready-made company might also allow you to partner with existing medical professionals, facilitating collaboration in research and service delivery, enhancing your service offerings.

Legal Considerations When Buying a Company

Even though the process of acquiring a ready-made company is streamlined, it is important to be aware of the legalities involved. Here are key legal considerations:

  • Due Diligence: Conduct thorough due diligence to examine the company’s finances, liabilities, and legal standings.
  • Contractual Obligations: Be aware of any existing contracts the company has and how they will affect your operations.
  • Licensing and Permits: Ensure that all necessary licenses and healthcare permits are in place to avoid future complications.

Success Stories: Businesses Thriving in Lithuania

Many international businesses have seen tremendous success after acquiring ready-made companies in Lithuania. For instance:

  • Medica: A healthcare firm that expanded rapidly after acquiring a compliant medical center, leveraging its established client base.
  • Dermatech: A dermatology clinic that quickly gained market share by providing innovative dermatological solutions to a ready-made client base.

These examples highlight the potential for success within the Lithuanian market, especially when starting from a position of strength.

Conclusion

In summary, buying a ready made company in Lithuania is a fast, efficient way to enter a burgeoning market rich with opportunities. With its favorable business environment, strategic location, and skilled workforce, Lithuania stands out as a prime destination for entrepreneurs in the healthcare sector. By choosing this route, you can bypass the lengthy startup frustrations and focus on what matters most: delivering quality healthcare services and meeting the needs of your patients.

For more information about acquiring a ready-made company in Lithuania and to explore available options, visit eli-lithuania.com.