Entities registered in the Republic of Lithuania

In order to request opening a bank account, legal entities registered in the Republic of Lithuania, including companies with share capital, private limited companies, special purpose companies with share capital, investment companies with variable capital (SICAV), agricultural companies, cooperative companies, insurance companies, credit unions, their branches and agencies; budgetary institutions and organisations financed from the state or local self-government budget; state and self-government companies, public institutions, charity and support funds, associations (public organisations, groups, confederations, unions, societies, etc.), multi-apartment housing communities, political parties, trade unions, religious communities, non-profit companies and funds, are required to present the following documents:

  • a prescribed form of application for the opening of the bank account(s);
  • form of card prescribed by the bank with signatures and stamps;
  • a certificate of the legal entity’s registration  or extract from the RLE (the Register of Legal Entities) - an original or a copy/extract certified by the notary public.
  • articles of association of a legal entity (Charter / Regulations / Statute) (as amended to date) - an original document or copy/extract certified by the notary public thereof;
  • a document certifying the appointment / election of the legal entity’s head or a certificate/its extract from the RLE- an original or a copy/extract certified by the notary public. In the event the legal entity presents an extract from the RLE with the indication of the company’s head, submission of other documents specified herein is not required;
  • If a person authorized by the legal entity's head addresses the bank, then he must  additionally provide the authorization in a simple written form or in a notary  form to perform particular actions (e.g. to open a bank account, sign a bank's account agreement, fill signature sample cars, etc.) issued by the head of the legal entity or other management body (if the articles of association foresee such quantitative representation) - an original document or copy/extract certified by the notary public thereof;
  • original documents certifying the identity of the legal entity’s head or an authorised person for the purpose of personal identification.

In order to open a savings account for the accumulation of the authorised (stock) capital, companies in the process of establishment, the articles of association of which have not been registered yet, need to provide the following documents:

  • a prescribed form of application for the opening of the savings account(s);
  • form of card prescribed by the bank with signatures and stamps;
  • the incorporation agreement signed by the founder(s) (the act of incorporation or the incorporation agreement) - an original document or notary certified copy/extract ;
  • authorisation for the opening of a savings account (in case of its absence in the incorporation agreement) - an original document or notary certified copy/extract;  
  • founder(s) and/or authorised persons are required to submit original documents of personal identification.

In the event of a transition from a savings account to a bank account, the bank account number remains unchanged.

In order to open a bank account, sole proprietorships and farmers are required to submit the following documents:

  • a prescribed form of application for the opening of the bank account;
  • filled prescribed form card with signatures and stamps;
  • a certificate of the sole proprietorship’s registration / extract from the RLE or farmer’s licence / licence of farm registration - an original or copy/extract certified by the notary public;
  • approved provisions of sole proprietorships - an original document or copy/extract certified by the notary public thereof. The enterprises founded before 01/01/2004 may not have the latter.
  •  a document (order or decision) certifying the appointment / election of the sole proprietorship’s head  if the company’s head is not the owner of the sole proprietorship or a certificate from the RLE - an original or or copy/extract certified by the notary public. In the event the sole proprietorship presents an extract from the RLE with the indication of the head, submission of other documents specified herein is not required;
  • If a person authorized by the sole proprietorship's owner (head) or a person authorized by a farmer addresses the bank, he must additionally provide an authorization in a simple written form or in a notary approved form , in case of a person  authorized by the farmer - only a notary approved form,  to perform particular actions (e.g. to open a bank account, sign a bank's account agreement, fill signature sample cars, etc.). 
  • original documents certifying the identity of the sole proprietorship’s head/an authorised person, also a farmer’s personal identification documents. 

In order to open a bank account, general partnerships, limited partnerships, lawyer trade unions, are required to submit the following documents:

  • a prescribed form of application for the opening of the bank account(s);
  • filled prescribed form card with signatures and stamps;
  • a certificate of the entity’s registration / extract from the RLE - an original or a copy/extract certified by the notary public;
  • Joint activity agreement / an agreement on the establishment of a professional body of members of the Bar an original or a copy/ extract certified by the notary public ;
  • a document (order, decision, minutes of the meeting) certifying the appointment / election of the entity's head  from the RLE - an original or a copy/extract certified by the notary public. In the event the entity presents an extract from the RLE with the indication of the company’s head, submission of other documents specified herein is not required; 
  • If the bank is addressed by a person authorized by the head of partnership or by the partnership partners / partnership members in case a head of partnership is not assigned, he additionally must provide an authorization to perform particular actions (e.g. to open a bank account, sign a bank's account agreement, fill signature sample cards, etc.)  in a simple written form or in a notary certified form issued by the head of the partnership or other management body (if the joint activity agreement / lawyers trade union agreement foresee such quantitative representation) or only in a notary certified form if the bank is addressed by a person authorized by partnership partners/partnership members.
  • original documents certifying the identity of the company’s head or an authorised person.

In order to open a bank account, notaries, lawyers, bailiffs and their bureaus/offices are required to submit the following documents:

  • a prescribed form of application for the opening of the bank account(s);
  • filled prescribed form card with signatures and stamps;
  • The certificate issued by the Lithuanian Bar Association granting the right to engage in an activity as a lawyer/licence and lawyer’s certificate – applicable to lawyers; the order by the Minister of Justice of the Republic of Lithuania regarding the appointment as the notary public and the certificate of the notary public – applicable to notaries public; the certificate issued by the Ministry of Justice of the Republic of Lithuania approving the right to engage in an activity as a bailiff and the bailiff’s certificate – applicable to bailiffs - originals or copies/extracts certified by the notary public; 
  • authorised persons are required to present documents of personal identification (originals) and a stamp, where a notary public, a lawyer, bailiff bureaus / offices are required to have a stamp.

Companies in the process of bankruptcy, liquidation, or restructuring are required to present the following documents:

  • a prescribed form of application for the opening of the bank account(s);
  • filled prescribed form card with signatures and stamps;
  • a certificate of the company’s registration / extract from the RLE - an original or a copy / extract certified by the notary public;
  • certified copies of the court judgement ruling bankruptcy / restructuring or, in case of an out-of-court bankruptcy resolution, the minutes of the creditors’ meeting which recognised the company bankrupt and therefore subject to liquidation. Where the company is liquidated in accordance with the Civil Code of the Republic of Lithuania,  an original or a copy / extract certified by the notary public of the general shareholders’ meeting or of a court judgement on the liquidation of the company and the assignment of the liquidator;
  • court judgement on the assignment of an administrator of the company under bankruptcy / restructuring, and the document of the assignment of the administrator / liquidator or another entity authorised by the court (if not specified in the court judgement). In case of an out-of-court bankruptcy procedure, a certified copy of the minutes of the creditors’ meeting on the assignment of the administrator;
  • company’s administrator/liquidator or a person authorised by the latter (where the company’s administrator is a legal entity, the company’s head/authorised person) is required to present personal identification documents (original).