Information Society Development Committee under
the Ministry of Transport and Communications
2017/09/06 - 2018/03/04
Project
Current legislation in Lithuania requires to indicate a physical address when registering a new legal entity. This legal obligation burdens the company establishment process and leads to ineffective communication between legal entities and public authorities. Businesses operating without a permanent physical location will often get a so-called ‘virtual office address’ service provided by middlemen. Consequently, the communication between the parties becomes ineffective as correspondence usually will not reach an owner at the physical address, or reach with delay.
The virtual registered office is a platform that delivers documents and messages from the public institutions to legal entities in real-time and could be a solution to the above-mentioned problem. Lithuania is technologically mature to legitimise the virtual registered office – the country has a well-developed IT infrastructure, businesses are actively using eGovernment services and reliable electronic authentication services. A legitimisation of the virtual registered office would ease doing business in Lithuania and improve communication between state and legal entities.
During this project, Raminta and Adele will assess the opportunities and risks of legitimation of virtual registered office, observe international best practices and will unleash the potential of a national communication channel. This project aims to strengthen a connection between businesses and public sector, simplify the establishment of legal entities and increase the international competitiveness of Lithuania.
Raminta Olbutaite Adele Jaskunaite Olbutaite Raminta Jaskunaite Adele eGovernment eVyriausybe Virtual office Virtual registered office Create Lithuania Virtual address for registering business Legitimisation of virtual registered office Create Lithuania
Project goal
Opportunity and risk analysis regarding legimitization of virtual registered office will be completed. The virtual registered office will lead to stronger connections between businesses and public sector and simplify the establishment of legal entities.
Project results

Project files
Research conducted on current legal ant technological background:
Project Summary (One-pager) (LT)
External factor analysis on the establishment of virtual registered office in Lithuania (LT)
Analysis on the need of virtual registered office and technical background report (LT)
International best practices for establishing virtual registered office (LT)
Report on the thematic study “Virtual registered office establishment in Lithuania” (LT)
Public consultation
Results of the public survey (LT)
Report on public consultation “Virtual registered office establishment in Lithuania” (LT)
Recommendations on further action plan
Strategic action plan on establishing virtual registered office (LT)
Additional files