> Mission - we intend to create enjoyable and cooperative working environment which will motivate employees to deliver high quality service to our customers at every point of contact as well as fully meet their needs and expectations. We also seek to inspire customers to think В«greenВ», develop and use ecological habits in everyday life. - To become leading travel agency offering eco-friendly tours in Lithuania as well as to promote the country as an attractive tourism destination while providing unforgettable experience .
2. Company summary
tourism agency intends to provide individual and group travel tours to eco tourists, professional service and consultation which will meet the basic needs of customers as well as eco travel markets. The company will be positioned as a specialist in the field of green and eco-friendly travel agency in Lithuania which will provide unique and exclusive, fully-arranged or private tours within the country. Moreover, our services include arranging tour packages by the needs of customers which will meet their expectations. br/>
2.1 Company ownership
We have decided to register travel agency as closed joint - stock company. This type of company prevents stock holders of losing their personal property in the situation of failure. According to Lithuanian laws closed joint - stock company can be established by one or more individuals (maximum 249). Personal stocks can be sold, exchanged or gave away.: p align="justify"> В· In case of failure shareholders are risking only with the share (property) they brought into business, so their individual assets stay untouchable;
В· In order to gain more money company can sell stocks to new shareholders;
В· Possibility to quit the business by selling or transferring stocks;
В· Tax relief: if the average number of employees is not higher than 10 and the income is not bigger than 291 427 euro (1 million Lithuanian Litas), applied 5% tax rate instead of usual 15%.:
В· To open closed joined - stock company minimum of 2900 euro (10000 Lithuanian Litas) fund is required;
В· Shareholders can get company's earned profit only through dividends or by getting salary (in this case higher taxes will need to be paid):
paid from salary
TaxRatePersonal income tax15% (paid by employee) Compulsory health insurance contributions3% (paid by company) 6% (paid by employee) State social insurance contributions27.98% (paid by company) 3% (paid by employee) Contributions to the Guarantee f...
