Category: Digital

Welcome to Paylight

We are delighted to welcome you to Paylight and look forward to being your payment service provider in Europe.  Paylight is a financial technology innovator, offering unparalleled access to convenient online business banking services.  With one low fee, you can obtain a new company with a full-service bank account in as little as 24 hours.

Why Lithuania

Paylar has chosen Lithuania for its headquarters, why shouldn’t you? Lithuania: 1. Is a Member of the European Union and NATO since 2004 2. Has Euro (€) as its currency since 2015Is a member of the Organisation for Economic Co-operation and Development (OECD) since 2018 3. Ranks 11 out of 190 countries evaluated by Ease

Taxation in Lithuania

Business taxation in Lithuania is quite simple and straightforward. Companies pay Profit Tax, Value Added Tax (VAT), Excises, and Labor-related Personal Income Tax and Social Security payments on behalf of their employees.

Required documents:

• Notarised Power of Attorney issued to one of our incorporation specialists; • Signed Deed of Incorporation; • Document proving a presence of an opened and replenished  company formation account; • Permission to register a company’s physical address; • Articles of Association prepared to suit your business needs*; ‍ *Additional charges may apply for complex shareholder and management structures.