In Lithuania, the licensing requirements for business brokers and M&A advisors are governed by Bank of Lithuania (Lietuvos bankas) + Register of Legal Entities (JAR). This 2026 guide covers the exact licensing pathway, fees, MiFID II obligations, and M&A advisor requirements — verified against current EU member (2004) + Euro area (2015) regulations.
Last verified: 2026 | Sources: Bank of Lithuania (Lietuvos bankas) + Register of Legal Entities (JAR) (lb.lt / rekvizitai.lt)
| Key Factor | Lithuania | EU Benchmark (Germany / BaFin) |
| License for SME business sales | JAR company registration | Gewerbeanmeldung (trade registration) |
| M&A securities regulator | Bank of Lithuania (Lietuvos bankas) | BaFin §32 KWG |
| Application fee (approx.) | €115–€200 JAR registration; €5,000–€20,000 Bank of Lithuania application | €10,000–€50,000 |
| Continuing education | Ongoing CPD | 20 hrs / year |
| MiFID II / EU passport status | Full MiFID II — Bank of Lithuania-authorized firms passport across EU27 | Full EU27 passport |
| EU membership status | EU member (2004) + Euro area (2015) | Founding EU member |
EU Status: EU member (2004) + Euro area (2015)
Full MiFID II — Bank of Lithuania-authorized firms passport across EU27
The Bank of Lithuania has become one of Europe's fastest-growing fintech licensing authorities — over 120 electronic money institutions and payment service providers licensed in Lithuania. Revolut's EU banking license is held in Lithuania. Bank of Lithuania-authorized firms passport across EU27.
Vilnius fastest-growing M&A sectors: fintech (Revolut EU license, Bitpanda, PaySera — Europe's fastest-growing fintech hub), laser/optics technology, IT, and energy.
Key insight for Lithuania brokers: Vilnius has issued more fintech licenses than any other EU city in the last 5 years — fintech M&A advisory is the most active and fastest-growing niche for Lithuanian business brokers, with deal multiples in fintech exceeding those in any other Lithuanian sector.
JAR company registration; Bank of Lithuania investment firm license under MiFID II for securities M&A; no mandatory license for pure business asset sales. Check directly with Bank of Lithuania (Lietuvos bankas) (lb.lt ) for current requirements.
Full MiFID II — Bank of Lithuania-authorized firms passport across EU27. Cross-border M&A advisory in EU member states requires MiFID II-compliant authorization. Consult a local financial law firm to confirm current passporting rights.
Business brokers in Lithuania typically handle SME transactions (under €5M) involving pure asset transfers. M&A advisors handle larger or more complex transactions involving equity, securities, or listed companies, requiring authorization from Bank of Lithuania (Lietuvos bankas).
The CBI (Certified Business Intermediary) from IBBA, M&AMI from IBBA, CMAP from AM&AA, and CFA (Chartered Financial Analyst) are recognized across Lithuania's M&A market. RICS, CCIM, and ACCA are additionally respected in real estate-linked and financial analysis roles.
Similar to Latvia and Estonia; lowest company registration cost in Baltics at €115; Vilnius fintech licensing is one of Europe's most accessible MiFID II pathways.
Entering Lithuania's business brokerage market requires the right training, the right certifications, and a clear understanding of EU member (2004) + Euro area (2015) regulatory requirements. Explore our business broker training pathway → built for professionals entering European markets in 2026.