An employer of record, sometimes known as an international PEO can help you quickly hire and onboard workers in Lithuania – often with just two weeks’ notice. Establishing your own local entity without risk and saving costs, this type of service makes an EOR in Lithuania worth checking out!
One of the three Baltic States (alongside Latvia and Estonia), Lithuania is known for its beautiful baroque architecture, local beers, shores lined with amber and basketball — it’s like a second (if not the first!) religion in the country.
Located in central Europe, Lithuania offers easy travel between other EU states. Since declaring itself an independent state in 1990, the nation has been making the transition from an industrial economy to a knowledge-based one that focuses on high-value products and services. Today, Lithuania offers a diverse economy and a vibrant financial sector, with many international banks doing business in the country.
In recent years, the country has also excelled in IT and communications technologies — and Lithuania is now one of the leading European nations for biotechnology, communications and IT. Perhaps surprising for such a small country, Lithuania is also one of the most efficient internet providers in Europe. Locals are very proud of the cheap, fast and reliable internet that is accessible all over the country.