Branch establishment

A company branch is not a legal entity. It is a unit that has its own office and performs all or part of the functions of a legal entity. The legal person is responsible according to the obligations of the branch, and the branch is responsible according to the obligations of the legal person.

Required data:

• Branch name;
• The commercial – economic activity of the branch.
• Founder’s (legal person): registration certificate/statement, Articles of Association, appointment documents of the director and members of the board (if a board is formed), names of representatives of the legal entity, personal identification numbers. If the founder is a foreign legal person must submit the following documents: an extract from the register of foreign legal entities, approved in the prescribed manner and legalized with the “Apostille” mark and translated into Lithuanian, Articles of Association, approved in the prescribed manner and legalized with the “Apostille” mark and translated into the Lithuanian language; last year’s financial statements, approved in accordance with legal acts;
• The director’s of the branch and/or members of the Board data: name, surname, personal number, address of the place of residence.
• Registration address of branch (if premises are owned by an individual person, the Agreement must be certified by a notary; if the premises owner is a legal person, the Agreement must be signed by the director of a legal person; if the premises are pledged to a bank, the bank’s consent is required).