Open Bank Account Lithuania

Lithuanian companies have the possibility to establish corporate bank accounts in Lithuanian national currency or other main foreign currencies. As most European banks, corporate account holders in Lithuania will be charged with the following types of commissions:
-    commission-fee for setting up the Lithuanian bank account;
-    on-going administration fee – it is usually charged yearly or monthly;
-    commission-fees for deposits or withdrawals;
-    commission-fee for closing the account.

Documents requested for the opening of an Lithuanian bank account might differ from bank to bank. However banks in Lithuania usually request the following documents:
-    copies of passports/ID Cards of directors and shareholders;
-    copy of the Lithuanian company’s Articles of Association;
-    copy of the company’s Certificate of Incorporation issued by the Lithuanian Trade Register;
-    Trade Register Extract/Certificate of Good Standing;
-    Specimen Signatures of Directors;
-    Bank Forms.