Question was asked by Dan
If the customer buys or open a company, he must be in business for at least 6 months before applying for a residence permit. The following documents confirm the conduct of the business: Agreements with customers, partners, invoices, bank statements, annual tax returns, lease agreements, etc. The firm has to make profit. There are no profit requirements. After the submission of the residence permit, the decision is made within 2-4 months. Two months in fast track, four months in normal track. The firm should continue its activities after the submission of the documents. A shareholder may stay in Lithuania on the basis of a vise until a decision o issue a residence permit is made.