finverit.
Accounting for new businesses

You build the business.
We help keep your accounts clear.

For a newly established MB, UAB or startup, it is important to establish from the outset how financial documents, tax returns and reports will be handled. Finverit helps organise accounting around your business and its needs.

For new and established businesses. Scope and pricing are agreed individually.

For small partnerships (MB)
For private limited companies (UAB)
For startups and growing businesses
Who we work with

Different businesses.
Different accounting needs.

Whether your company has just been established or has already started operating, we tailor the accounting process to its transactions, documents and reporting needs.

01 / MB

For newly established MBs

When starting an MB, it is important to agree on document submission, transaction recording and applicable accounting requirements.

  • Setting up accounting from the start
  • Review of documents and tax obligations
  • Preparation of financial statements as needed
02 / UAB

For newly established UABs

We help establish a consistent accounting process so management knows which data and documents are needed.

  • Recording daily transactions and invoices
  • Preparation of tax returns and reports
  • Payroll accounting within the agreed scope
03 / STARTUPS

For startups and growing businesses

When a business model changes quickly, reliable accounting data is essential for planning the next steps.

  • An accounting process tailored to your operations
  • Visibility into income, expenses and cash flow
  • Option to discuss additional financial planning
Scope of services

What does accounting for a new business include?

You do not need every possible service from day one. We first assess your current operations, applicable obligations and the accounting support you actually need.

We agree on specific tasks, responsibilities and frequency before starting our cooperation.

All Finverit accounting services
01

Accounting setup

We review your operations, document flow and the accounting process required.

02

Day-to-day bookkeeping

Recording transactions and processing invoices and other accounting documents.

03

Tax returns

Preparing and submitting tax returns required for your business and applicable obligations.

04

Financial statements

Preparing financial statements in line with applicable requirements and the agreed scope.

05

Payroll accounting

We assess payroll calculations and related filing requirements individually.

06

Financial data review

Where needed, we can discuss additional analysis, planning or management reporting.

How we work

From the first conversation to a clear working process.

Getting started should be straightforward. We agree in advance on the information required, the work to be done and how we will communicate.

01 / DISCUSSION

We discuss your business

Its activities, legal form, planned transactions and key needs.

02 / SCOPE

We prepare a proposal

We define the proposed tasks, responsibilities, timelines and pricing approach.

03 / SETUP

We agree on the process

We agree on how documents will be shared and what information is needed.

04 / DELIVERY

We manage your accounts

We deliver the agreed services and maintain clear communication.

Beyond accounting

Your business grows.
Your financial needs evolve.

Reliable accounting provides the foundation. As your business grows, you may need greater visibility into profitability, cash-flow planning or investment decisions.

Finverit can support these areas too, with any additional services agreed separately.

Explore financial management services
Financial analysisReview of performance, costs and profitability.
Budgeting and forecastingPlanning revenue, expenses and cash flow.
Independent CFO expertiseIndependent review of financial decisions, risks and growth plans.
Business operations reviewReviewing processes and planning potential improvements.
Pricing

How much does accounting for a new business cost?

There is no single price for every business. We prepare a proposal based on the expected scope of work and discuss payment terms before services begin.

01 /Nature of business activities
02 /Volume of documents and transactions
03 /Number of employees and payroll requirements
04 /Tax filings, reporting and additional work required

A tailored proposal. A clear scope.

Tell us what kind of company you have established or plan to establish, what it will do and whether you already have accounting documents. We will review your situation and discuss a suitable way of working together.

Request a proposal
Practical questions

Frequently asked questions when starting a business.

Concise answers to questions worth considering before choosing an accounting partner.

Does a newly established company need accounting from day one?

Accounting obligations depend on the company’s legal form and activities. Even if there are few transactions at first, it is worth establishing how documents will be recorded and applicable obligations fulfilled.

Do you work with newly established MBs and UABs?

Yes. We can help organise accounting for newly established Lithuanian small partnerships (MB) and private limited companies (UAB). The scope depends on the business and its needs.

What documents will you need to get started?

We agree on the document list based on your circumstances. We generally need to understand your activities, transactions to date, available accounting records and responsible contacts.

Can we start if the company has no revenue yet?

Yes. We can discuss your accounting needs before the first revenue arrives. The work required depends on existing transactions and applicable requirements.

Do you provide accounting services for startups?

Yes. We can discuss accounting and additional financial planning based on your startup’s business model, transactions and growth plans.

Can we transfer our accounting from another provider?

Yes. Before taking over, we review the current accounting position, available documents and handover requirements, then agree on the scope of work.

Is payroll accounting included?

We assess payroll needs and complexity individually. Payroll is included in a proposal only when its specific scope has been agreed.

How can I find out the price?

We first discuss your activities, document volume and required work. We then provide an individual proposal with a defined scope of services.

Let’s start with your business.

If you have just established an MB or UAB, or are building a startup, let’s discuss how to organise your accounting from the outset.

Discuss your accounting needs