Starting from February 2005, incorporation of European companies (Societas Europea, hereinafter referred to as "SE") has been transposed into Lithuanian legal system. However, as a matter of practice, registration of SE with the Register of Legal Persons has become possible after full transportation of the Directive 2001/86/EC supplementing the Statute for a European company with regard to the involvement of employees into Lithuanian legal system by adopting appropriate law. On 12 May, 2005 the Parliament of the Republic of Lithuania implemented the said Directive by adopting the Law on the Involvement of Employees within the European company. The Law came into force as of 28 May, 2005.
According to the Council Regulation (EC) No 2157/2001 on the Statute for a European company (SE), as of 8 October 2001, SE is a public limited-liability company having its registered office in one of the EU member states and incorporated in one of the following specific ways:
