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Lithuania, a country with a developed economy and a favourable business climate, offers a wide range of opportunities for entrepreneurs and investors. Accession to the European Union has opened new horizons for Lithuania, making it an attractive location for launching and developing a variety of business projects. In this article, we will look at what kind of activities a company can engage in in Lithuania, emphasising the flexibility and diversity of opportunities offered by the Lithuanian legislation and economy.
There are no blacklists
Prepare the necessary documents
Registering a cryptocurrency company in Lithuania in 2024 represents a promising direction for entrepreneurs interested in blockchain technology and digital assets. Lithuania attracts with its favourable regulatory environment, transparent legislation and openness to innovation. The article discusses key aspects related to the process of registering a cryptocurrency company in this country, including requirements for founders, the amount of authorised capital and other important points.
Step 3: Prepare and Submit the Required Documentation

The agreement allows for the exchange of information between other EU countries and Cyprus, even if the information is not required for tax purposes of these countries. However, the country from which the information is requested is not obliged to provide the information if it is a violation of the law or public interest of that country. It is also not allowed to request information that is not publicly available in that country.
It should be noted that the Cypriot tax authorities in most cases do not have information on the beneficiaries of private companies or any other information material. For these reasons, Cypriot companies registered through nominees and information about the real owners is confidential.
In this regard, persons whose information is withheld must be properly accumulated in the files of the registration agents. Professional secrecy cannot be used as an excuse for not providing information about these persons.
However, the conditions under which professional secrecy may be lifted will depend on state law. Thus, disclosure will not be a simple automatic administrative procedure, but will require the intervention of local government officials.
Opening a company in Cyprus can be a powerful step to expand your business and explore new markets. Because of its unique advantages, Cyprus offers great opportunities for growth and success in international business. However, success depends on careful planning, an understanding of the local business culture and effective resource management.

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