The authorised capital is increased by the decision of the general meeting of shareholders by issuing new shares or increasing the nominal value of the issued shares.

The authorised capital is increased by additional contributions of shareholders and other persons only by issuing new shares.Newly issued shares can be paid for with both cash and property contributions

The authorised capital can be increased from the company’s funds, i. from retained earnings, share premiums and reserves (excluding repurchases of own shares and required reserves). ĮThe authorised capital is increased from the company’s funds by issuing new shares, which are issued free of charge to shareholders, or by increasing the nominal values ​​of previously issued shares. If a loss is recorded in the company’s balance sheet, the authorised capital can only be increased from the revaluation reserve

Increase of authorised capital online (245 Eur)

The increase of the authorised capital is carried out online by connecting to the self-service system of the State Enterprise Center of Registers. Upon arrival at our office, you need to have an electronic certified signature or you can give us a separate authorisation to connect to the self-service system of the State Enterprise Center of Registers.

Advantages of increasing the authorised capital online:

• You save on notary fees
• The increase of the authorised capital is registered faster

Please note that when increasing the authorised capital online: The Articles of Association of the Company will be exemplary, the Articles of Association will not include the procedure for issuing a power of attorney, nor may it establish restrictions on the activities of the Board or the Manager for certain transactions.

Increase of the authorised capital in a notary’s office (From 370 Eur)

Advantages of changing the Articles of Association (regulations) in the notary’s office:

• The chief does not have to have an electronic certified signature or authorise connections to the self-service system of the State Enterprise Center of Registers
• The company’s the Articles of Association (regulations) may specify the activities to be performed, as well as restrictions on the activities of the board or manager for certain transactions, the procedure for issuing procurations, etc. may be established.

The authorised capital is reduced by a decision of the general meeting of shareholders or in cases established by the Law on Companies of the Republic of Lithuania – by a court decision

Reduction of authorised capital online 205 Eur
Reduction of the authorised capital in the notary office from
 340 Eur

The authorised capital may be reduced only for the following purposes:

• Just for eliminating losses recorded in the company’s balance sheet
• In order to cancel the company’s own shares
• In order to pay out the company’s funds to shareholders. The decision to reduce the company’s authorised capital in order to pay out the company’s funds to shareholders can be made only at the Ordinary General Meeting of Shareholders
• To correct mistakes made during the formation or increase of the authorised capital

The authorised capital may be reduced only in the following ways:

• By reducing the nominal value of shares
• Cancellation of shares

Increase in the company’s authorised capital

• We provide consultations on the increase of the authorised capital of companies during the whole procedure
• We draw up the minutes of the shareholders’ meeting / the decision of the sole shareholder, ensure the proper publication of information about the convening of the general meeting of shareholders
• We are preparing a new version of the founding document (statutes) that meets the requirements established by legal acts 
• We prepare a share subscription agreement and other legal documents that meet the requirements established by legal acts
• We ensure proper publication of information on the increase of the authorised capital
• We fill in the forms provided to the Register of Legal Entities (JAR forms)
• We represent in notary offices and the Register of Legal Entities
• We fill in share accounting documents

Decrease in the company’s authorised capital

• We provide consultations on the decrease of the authorised capital of companies during the whole procedure
• We draw up the minutes of the shareholders’ meeting / the decision of the sole shareholder, ensure the proper publication of information about the convening of the general meeting of shareholders
• We are preparing a new version of the founding document (statutes) that meets the requirements established by legal acts 
• We ensure proper publication of information on the decrease of the authorised capital
• We fill in the forms provided to the Register of Legal Entities (JAR forms)
• We represent in notary offices and the Register of Legal Entities
• We fill in share accounting document