{"id":1979,"date":"2026-01-16T15:48:23","date_gmt":"2026-01-16T13:48:23","guid":{"rendered":"https:\/\/lexida.lt\/?p=1979"},"modified":"2026-02-10T17:59:57","modified_gmt":"2026-02-10T15:59:57","slug":"company-formation-is-not-just-a-formality","status":"publish","type":"post","link":"https:\/\/lexida.lt\/en\/company-formation-is-not-just-a-formality\/","title":{"rendered":"Setting up a company: not just a paperwork formality"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1979\" class=\"elementor elementor-1979\">\n\t\t\t\t<div class=\"elementor-element elementor-element-117c22b e-flex e-con-boxed e-con e-parent\" data-id=\"117c22b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ca5311 elementor-widget elementor-widget-heading\" data-id=\"8ca5311\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Setting up a company: not just a paperwork formality<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-567fdea elementor-widget elementor-widget-text-editor\" data-id=\"567fdea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Establishing a company \u2013 many entrepreneurs during the establishment stage only think about registration in the Register of Legal Entities, however:<\/p><ul><li>An improperly chosen legal form (MB, UAB, I\u012e or V\u0160\u012e) may later hinder development or attraction of investments.<\/li><li>The founding documents must be aligned with the nature of the future activities - e.g., articles of association, founding agreement, limitation of liability between founders.<\/li><li>Agreements between business partners are often forgotten, which later become a cause of disagreements (profit distribution, exit conditions, competition restrictions).<\/li><\/ul><p>A lawyer helps you prepare company formation documents not just \"just in case\", but so that they protect you in real situations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d52744 elementor-widget elementor-widget-image\" data-id=\"3d52744\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-1024x683.jpg\" class=\"attachment-large size-large wp-image-2036\" alt=\"Setting up a company\" srcset=\"https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-1024x683.jpg 1024w, https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-600x400.jpg 600w, https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-300x200.jpg 300w, https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-768x512.jpg 768w, https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1-1536x1024.jpg 1536w, https:\/\/lexida.lt\/wp-content\/uploads\/2026\/01\/Teisiniu-paslaugu-kontora-1.jpg 1680w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e0d7b6 e-flex e-con-boxed e-con e-parent\" data-id=\"1e0d7b6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9df350f elementor-widget elementor-widget-heading\" data-id=\"9df350f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Contracts with customers, suppliers and partners<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa9cd30 elementor-widget elementor-widget-text-editor\" data-id=\"fa9cd30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>In business, contracts are not a backup measure, but the main protection for operations.<\/p><p><strong>Most common mistakes:<\/strong><\/p><ul><li>Use of template or vague contracts.<\/li><li>Not signing contracts at all (\u201ewe agreed verbally\u201c).<\/li><li>Imprecise clauses on liability, time limits, dispute resolution.<\/li><\/ul><p>Even a simple service or supply contract can be the basis for a long-lasting dispute if it does not cover essential issues.<\/p><p>A lawyer helps you draw up clear contracts that protect your business, and assesses the risks in the documents you have already signed.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6982263 elementor-widget elementor-widget-heading\" data-id=\"6982263\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. Employment relationships: not just employment contracts<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6b8f48 elementor-widget elementor-widget-text-editor\" data-id=\"e6b8f48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Employers often underestimate that employment law is one of the most heavily regulated areas:<\/p><ul><li>Inadequate terms and conditions of employment can be invalidated.<\/li><li>Labour disputes can arise over overtime, dismissals, restrictions on competition.<\/li><li>Failure to respect workers' rights can result not only in financial penalties but also in reputational damage.<\/li><\/ul><p>A lawyer helps you set up a clear framework for your employment relationship, from employment contracts to internal rules and confidentiality agreements.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bf7071 elementor-widget elementor-widget-heading\" data-id=\"3bf7071\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. Intellectual property and trademarks<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2041a39 elementor-widget elementor-widget-text-editor\" data-id=\"2041a39\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>If your business is based on creativity, innovation or branding, it's essential to make sure they are legally protected:<\/p><ul><li>Isn't your logo similar to one already registered?<\/li><li>Who owns the copyright in your product or website design?<\/li><li>Do things created by employees or contractors pass to you?<\/li><\/ul><p>A lawyer can help you register trademarks, register copyrights or patents, or take care of licensing documents.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e5f04c elementor-widget elementor-widget-heading\" data-id=\"4e5f04c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. Business development, investment, reorganisation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd14ae5 elementor-widget elementor-widget-text-editor\" data-id=\"cd14ae5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>As business grows, new questions arise:<\/strong><\/p><ul><li>How to let the investor in without losing control?<\/li><li>How to protect shareholders' interests?<\/li><li>How to formalise a partnership or share responsibilities?<\/li><\/ul><p><strong>As the structure grows, it also needs clarity:<\/strong><\/p><ul><li>Partner agreements,<\/li><li>Shareholder agreements,<\/li><li>Trade secrets, not obligations to compete.<\/li><\/ul><p>A lawyer helps you plan a secure business development and assess the risks that can affect long-term stability.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cebb99 elementor-widget elementor-widget-heading\" data-id=\"2cebb99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion: setting up a company with legal assistance is an investment in the future<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23716d7 elementor-widget elementor-widget-text-editor\" data-id=\"23716d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Legal aid for business is not an expense, but an investment in security and smooth growth. The earlier it is used, the fewer problems you have to deal with later. Whether you are starting up or expanding, clarity, prevention and sharing of responsibility become the cornerstones at every stage.<\/p><h4><strong>Questions about the process <\/strong><strong>setting up a company or <\/strong><strong>your business?<\/strong><\/h4><p><strong>Contact Lexida - we help you set up, create, protect and grow your business responsibly and legally.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c1c00c3 elementor-widget elementor-widget-button\" data-id=\"c1c00c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/lexida.lt\/en\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CONTACT US<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div 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apie registracij\u0105 Juridini\u0173 asmen\u0173 registre, ta\u010diau: Netinkamai pasirinkta teisin\u0117 forma (MB, UAB, I\u012e ar V\u0160\u012e) gali v\u0117liau trukdyti pl\u0117trai ar investicij\u0173 pritraukimui. Steigimo dokumentai turi b\u016bti suderinti su b\u016bsimos veiklos pob\u016bd\u017eiu \u2013 pvz., \u012fstatai, steigimo sutartis, atsakomyb\u0117s ribojimas tarp steig\u0117j\u0173. [&hellip;]<\/p>","protected":false},"author":1,"featured_media":2036,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-straipsniu-temos"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/posts\/1979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/comments?post=1979"}],"version-history":[{"count":32,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/posts\/1979\/revisions"}],"predecessor-version":[{"id":2604,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/posts\/1979\/revisions\/2604"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/media\/2036"}],"wp:attachment":[{"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/media?parent=1979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/categories?post=1979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lexida.lt\/en\/wp-json\/wp\/v2\/tags?post=1979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}