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Fintech in Lithuania

Lithuania Fintech niche has shown significant progress over the past few years, drawing the attention of the world’s media to it. Vilnius is an ideal place for fintech: there’re many talented specialists, an advantageous business and regulative space, and a comfortable ecosystem. Lithuania is second biggest Fintech hub in Europe after the UK in terms...

EMI & PI license: what is the difference?

As experienced lawyers, we know what problems our customers may face while applying for an EMI license in Lithuania and a PI license in Lithuania. Lithuanian jurisdiction is fairly considered to be the fastest-growing Fintech sector in the EU, and the 2nd-fastest growing in Europe. To date, there are over 200 EMIs and PIs with...

Crypto and taxes in Lithuania

In line with the Law on Corporate Income Tax and the Law on Personal Income Tax, digital assets, in particular, cryptocurrency, are considered negotiable assets that can be applied as a form of payment for certain products and services. From the perspective of taxes on crypto in Lithuania, the crypto assets are regarded as the same currency as...

Why fintechs choose Lithuania

For decades, Lithuania has maintained the status of an international trade hub bridging gaps between the East and the West. Now, this traditional role has developed into its newest version – Lithuanian jurisdiction has become the EU’s central Fintech hub. To date, approximately 200 Fintechs with international outreach perform their services in Lithuania. The country’s...
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