Asset Management and Collective Investment in Lithuania

Asset management (wealth management, portfolio management) and collective investment in Lithuania is a professional activity of managing investments of individuals and legal entities, and creating and managing collective investment funds.

Lithuania is one of the most attractive EU fintech and investment hubs thanks to full passporting of licences across the EEA and professional, predictable supervision by the Bank of Lithuania.

Who it suits

Who can benefit from these services?

Investment funds

Investment companies and funds planning to set up UCITS or alternative funds (AIFs)

Corporate groups

In need of centralised asset management

International management companies

Wanting to obtain a European licence with passporting rights

Licences

Key licensing regimes

Allows providing portfolio management of financial instruments and investment advisory services (wealth & portfolio management). Minimum initial capital: from EUR 75,000 (limited services without holding client funds) to EUR 150,000-750,000 depending on the scope of services.

Allows creating and managing collective investment funds (UCITS and AIFs). Minimum initial capital: EUR 125,000 plus additional own funds (0.02% of assets under management exceeding EUR 250 million, total cap of EUR 10 million).

Process

Licensing procedure

Preliminary meeting

A preliminary meeting with the Bank of Lithuania is recommended

UBO check

Checking the UBO and its source of income confirming share capital

Document package

Business plan, compliance, risk management, AML and IT security policies, fit & proper questionnaires

Application filing

Filing the application and paying the state fee

Bank of Lithuania review

Up to 6 months for a brokerage firm, 3-6 months for a management company

Licence and launch

Obtaining the licence and starting operations with EU passporting rights

Support

Our support services

Choosing a regime

Legal analysis and choice of the optimal licensing regime (brokerage firm / management company)

Documents and policies

Preparing all necessary documents and policies

Consultations and filing

Supporting preliminary consultations and the application with the Bank of Lithuania

Process coordination

Assessing compliance and fit & proper status

Obtaining the licence

Upon meeting all the regulator's legal requirements

Contact us

Ready to obtain an asset management or fund licence in Lithuania?

Our team experienced in investment and fund regulation will ensure fast and successful licensing with the Bank of Lithuania for your company. Let us handle the details so you can focus on growing your business in Lithuania!

Contact Us

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Asset Management and Collective Investment in Lithuania