Existing Measures. Sector: Financial services Sub-Sector: Banking and other financial services (excluding insurance) Type of Reservation: Market access Senior management and boards of directors National Treatment Measures: Law on Banks of the Republic of Lithuania of 30 March 2004 No IX‑2085 Law on Collective Investment Undertakings of the Republic of Lithuania of 4 July 2003 No IX-1709 Law on Supplementary Voluntary Pension Accumulation of the Republic of Lithuania of 3 June 1999 No VIII-1212 Description: Financial Services For the purpose of asset management, incorporation as a specialised management company (no branches) is required. Only banks having their registered office or branch in Lithuania may act as the depositories of the assets of investment fund. Only banks having their registered office or branch in Lithuania and authorised to provide investment services in the Member States of the EU or in the Member States of the EEA may act as the depositories of the assets of pension funds. At least one head of a bank's administration must speak the Lithuanian language and permanently reside in Lithuania. Sector: Energy services Sub-Sector: Pipeline transportation of fuels Industry Classification: CPC 7131 Type of Reservation: Market access Description: Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure with respect to pipeline transportation of fuels. Existing Measures: Law on Natural Gas of the Republic of Lithuania of 10 October 2000 No VIII-1973 Sector: Energy Sub-Sector: Storage and warehouse services of fuels transported through pipelines Industry Classification: ISIC rev 3.1 402, CPC 742 Type of Reservation: Market access Description: Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure with respect to services auxiliary to pipeline transport of goods other than fuel. Existing Measures: Law On Natural Gas of the Republic of Lithuania 10 October 2000 No VIII-1973 (Art 10.8) Sector: Business services Auxiliary services to maritime, internal waterways, rail and air transport Sub-Sector: Maintenance and repair of vessels, rail transport equipment and aircraft and parts thereof Industry Classification: CPC 86764, CPC 86769, part of CPC 8868 Type of Reservation: Market access Description: Investment In Lithuania, maintenance and repair services of rail transport equipment are subject to a state monopoly. Sector: Road transport Industry Classification: CPC 7121, CPC 7122, CPC 7123 Type of Reservation: Most-favoured-nation treatment Description: Investment and Cross-Border Trade in Services Measures that are taken under bilateral agreements and which set the provisions for transport services and specify operating conditions, including bilateral transit and other transport permits for transport services in, into, through and out of the territory of Lithuania to the contracting parties concerned, and road taxes and levies. Sector: Fishing Aquaculture Services incidental to fishing Industry Classification: ISIC rev 3.1 0501, ISIC rev 3.1 0502, CPC 882 Type of Reservation: Market access National treatment Description: Investment For the purposes of the registration and licensing of a fishing vessel, the owner, captain or master of the fishing vessel shall be resident in Malta, in accordance with the terms of the provisions of the Immovable Property (Acquisition by Non-Residents) Act.
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Existing Measures. Sector: Financial services Sub-SectorEnergy Industry Classification: Banking ISIC rev 3.1 232, ISIC rev 3.1 4010, ISIC rev 3.1 4020, CPC 613, CPC 62271, CPC 63297, CPC 7131, CPC 742, and CPC 887 (other financial services (excluding insurancethan advisory and consulting services) Type of Reservation: National treatment Market access Senior management and boards of directors National Treatment Measures: Law on Banks of the Republic of Lithuania of 30 March 2004 No IX‑2085 Law on Collective Investment Undertakings of the Republic of Lithuania of 4 July 2003 No IX-1709 Law on Supplementary Voluntary Pension Accumulation of the Republic of Lithuania of 3 June 1999 No VIII-1212 Performance requirements Description: Financial Services For the purpose of asset management, incorporation as a specialised management company (no branches) is required. Only banks having their registered office or branch in Lithuania may act as the depositories of the assets of investment fund. Only banks having their registered office or branch in Lithuania Investment and authorised to provide investment services in the Member States of the EU or in the Member States of the EEA may act as the depositories of the assets of pension funds. At least one head of a bank's administration must speak the Lithuanian language and permanently reside in Lithuania. Sector: Energy services Sub-Sector: Pipeline transportation of fuels Industry Classification: CPC 7131 Type of Reservation: Market access Description: Cross-Border Trade in Services Lithuania Cyprus reserves the right to adopt or maintain any measure limiting the cross-border supply of and requiring establishment for storage and warehousing services of fuels transported through pipelines, and the retail sales of fuel oil and bottled gas other than by mail order. Cyprus reserves the right to adopt or maintain any measure with respect to the manufacture of refined petroleum products in so far as the investor is controlled by a natural or juridical person of a non-EU country which accounts for more than 5 per cent of the EU's oil or natural gas imports, as well as to the manufacture of gas, distribution of gaseous fuels through mains on own account, the production, transmission and distribution of electricity, the pipeline transportation of fuels, services incidental to electricity and natural gas distribution other than advisory and consulting services, wholesale services of electricity, retailing services of motor fuel, electricity and non-bottled gas. Existing Measures: Law on Natural The Regulating of the Electricity Market Laws of 2003 to 2008 (arts. 34(2) and 37) The Regulating of the Gas Market Laws of 2004 to 2007 The Petroleum (Pipelines) Law, Chapter 273 of the Constitution of the Republic of Lithuania Cyprus The Petroleum Law L.64(I)/1975 The Petroleum and Fuel Specifications Laws of 10 October 2000 No VIII-1973 2003 to 2009 Sector: Energy Business services Sub-Sector: Storage and warehouse Real estate services of fuels transported through pipelines Industry Classification: ISIC rev 3.1 402CPC 821, CPC 742 822 Type of Reservation: Market access National treatment Description: Cross-Border Trade in Services Lithuania The Czech Republic reserves the right to adopt or maintain any measure with respect to services auxiliary to pipeline transport the cross-border supply of goods other than fuelreal estate services. Existing Measures: Law On Natural Gas of the Republic of Lithuania 10 October 2000 No VIII-1973 (Art 10.8) Sector: Business services Auxiliary services to maritime, internal waterways, rail and air transport Sub-Sector: Maintenance and repair of vessels, rail transport equipment and aircraft and parts thereof Auction services Industry Classification: part of CPC 86764, CPC 86769612, part of CPC 8868 621, part of CPC 625, part of 85990 Type of Reservation: Market access National treatment Description: Investment In Lithuania, maintenance and repair Cross-Border Trade in Services Auction services of rail transport equipment in the Czech Republic are subject to licence. To obtain a state monopolylicence (for the supply of voluntary public auctions), a company must be incorporated in the Czech Republic and a natural person is required to obtain a residency permit, and the company, or natural person must be registered in the Commercial Register of the Czech Republic. Existing Measures: Act no.455/1991 Coll., Trade Licence Act Act no. 26/2000 Coll., on public auctions Sector: Road transport Business services Sub-Sector: Auditing services Industry Classification: CPC 712186211, CPC 7122, CPC 7123 86212 other than accounting services Type of Reservation: MostMarket access National treatment Senior management and boards of directors Description: Investment Only an enterprise in which at least 60 per cent of capital interests or voting rights are reserved to nationals of the Czech Republic or of the Member States of the EU may be authorised to carry out audits in the Czech Republic. Existing Measures: Law of 14 April 2009 no. 93/2009 Coll., on Auditors Sector: Business services Sub-favoured-nation Sector: Executive search Placement services Supply services of office support personnel Industry Classification: CPC 87201, CPC 87202, CPC 87203 Type of Reservation: Market access National treatment Senior management and boards of directors Description: Investment and Cross-Border Trade in Services Measures that are taken under bilateral agreements and which set The Czech Republic reserves the provisions for transport right to adopt or maintain any measure with regard to the establishment of placement services of office support personnel. The Czech Republic reserves the right to adopt or maintain any measure with regard to the supply of executive search services and specify operating conditions, including bilateral transit and other transport permits for transport supply services in, into, through and out of the territory of Lithuania to the contracting parties concerned, and road taxes and levies. Sector: Fishing Aquaculture Services incidental to fishing Industry Classification: ISIC rev 3.1 0501, ISIC rev 3.1 0502, CPC 882 Type of Reservation: Market access National treatment Description: Investment For the purposes of the registration and licensing of a fishing vessel, the owner, captain or master of the fishing vessel shall be resident in Malta, in accordance with the terms of the provisions of the Immovable Property (Acquisition by Non-Residents) Actoffice support personnel.
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Existing Measures. Law on Enterprises and Facilities of Strategic Importance for National Security and Other Enterprises of Importance to Ensuring National Security of the Republic of Lithuania of 21 July 2009 No. XI-375. Sector: Financial All sectors Sub-Sector: Purchase of land Type of Reservation: National treatment Market access Description: Investment and Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure which is consistent with the commitments taken by the EU and which are applicable in Lithuania in the General Agreement on Trade in Services (GATS) with respect to land acquisition. The land plot acquisition procedure, terms and conditions, as well as restrictions shall be established by the Constitutional Law, the Law on Land and the Law on the Acquisition of Agricultural Land. However, local governments (municipalities) and other national entities of Members of the Organisation for Economic Co-operation and Development and North Atlantic Treaty Organization conducting economic activities in Lithuania, which are specified by the constitutional law in compliance with the criteria of European and other integration which Lithuania has embarked on, are permitted to acquire into their ownership non-agricultural land plots required for the construction and operation of buildings and facilities necessary for their direct activities. Existing Measures: Constitution of the Republic of Lithuania The Constitutional Law of the Republic of Lithuania on the Implementation of Paragraph 3 of Art. 47 of the Constitution of the Republic of Lithuania of 20 June 1996, No. I-1392 as last amended 20 March 2003, No. IX-1381 Law on land, of 27 January 2004, No. IX-1983 Law on acquisition of agricultural land of 24 April 2014, No. XII-854 Sector: Business services Sub-Sector: Banking Legal services Industry Classification: Part of CPC 861 Type of Reservation: Most-favoured-nation treatment Description: Investment and other financial Cross-Border Trade in Services Attorneys from foreign countries can participate as advocates in court only in accordance with bilateral agreements on legal assistance. Sector: Business services (excluding insurance) Sub-Sector: Executive search Placement services Supply services of office support personnel Industry Classification: CPC 87201, CPC 87202, CPC 87203 Type of Reservation: Market access National treatment Senior management and boards of directors National Treatment Measures: Law on Banks of the Republic of Lithuania of 30 March 2004 No IX‑2085 Law on Collective Investment Undertakings of the Republic of Lithuania of 4 July 2003 No IX-1709 Law on Supplementary Voluntary Pension Accumulation of the Republic of Lithuania of 3 June 1999 No VIII-1212 Description: Financial Investment and Cross-Border Trade in Services For Lithuania reserves the purpose right to adopt or maintain any measure with regard to the supply of asset managementexecutive search services, incorporation as a specialised management company (no branches) is required. Only banks having their registered placement services, and supply services of office or branch in Lithuania may act as the depositories of the assets of investment fund. Only banks having their registered office or branch in Lithuania and authorised to provide investment services in the Member States of the EU or in the Member States of the EEA may act as the depositories of the assets of pension funds. At least one head of a bank's administration must speak the Lithuanian language and permanently reside in Lithuaniasupport personnel. Sector: Energy Business services Sub-Sector: Pipeline transportation of fuels Security services Industry Classification: CPC 7131 87302, CPC 87303, CPC 87304, CPC 87305, CPC 87309 Type of Reservation: Market access National treatment Senior management and boards of directors Description: Investment and Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure with regard to the supply of security services. Licensing and authorisation requirements may exist. Residency or commercial presence is required and nationality requirements may exist. Sector: Business services Sub-Sector: Investigation services Industry Classification: CPC 87301 Type of Reservation: Market access Description: Investment In Lithuania, investigation services are a monopoly reserved to the State. Sector: Tourism and travel-related services Sub-Sector: Tourist guides services Industry Classification: CPC 7472 Type of Reservation: Most-favoured-nation treatment Description: Investment and Cross-Border Trade in Services In so far as Canada and its provinces and territories allow nationals of Lithuania to provide tourist guide services, Lithuania will allow nationals of Canada to provide tourist guide services under the same conditions. Sector: Telecommunications Type of Reservation: Market access National treatment Description: Investment and Cross-Border Trade in Services State Enterprise "Infostruktura" has exclusive rights to provide the following services: data transmission through secure state data transmission networks, granting of internet addresses ending "▇▇▇.▇▇", certification of electronic cash-registers. Existing Measures: Government Resolution of 28 May 2002 No.756 On the approval of the standard procedure for setting prices and tariffs of goods and services of a monopolistic nature provided by state owned enterprises and public institutions established by ministries, governmental institutions and county governors and assigned to them. Sector: Construction services Industry Classification: CPC 51 Type of Reservation: Market access Measures: Law on Construction of Republic of Lithuania of 19 March 1996 No. I‑1240 Description: Cross-Border Trade in Services The right to prepare design documentation for construction works of exceptional significance is only given to a design enterprise registered in Lithuania, or a foreign design enterprise which has been approved by an institution authorised by the Government for such activities. The right to perform technical activities in the main areas of construction may be granted to a non-Lithuanian person who has been approved by an institution authorised by the Government of Lithuania. Existing Measures: Law on Construction of Republic of Lithuania of 19 March 1996 No. I-1240 Sector: Social services Industry Classification: CPC 933 Type of Reservation: Market access Description: Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure with respect to pipeline transportation of fuels. Existing Measures: Law on Natural Gas of the Republic of Lithuania of 10 October 2000 No VIII-1973 Sector: Energy Sub-Sector: Storage and warehouse services of fuels transported through pipelines Industry Classification: ISIC rev 3.1 402, CPC 742 Type of Reservation: Market access Description: Cross-Border Trade in Services Lithuania reserves the right to adopt or maintain any measure with respect to services auxiliary to pipeline transport of goods other than fuel. Existing Measures: Law On Natural Gas of the Republic of Lithuania 10 October 2000 No VIII-1973 (Art 10.8) Sector: Business services Auxiliary services to maritime, internal waterways, rail and air transport Sub-Sector: Maintenance and repair of vessels, rail transport equipment and aircraft and parts thereof Industry Classification: CPC 86764, CPC 86769, part of CPC 8868 Type of Reservation: Market access Description: Investment In Lithuania, maintenance and repair services of rail transport equipment are subject to a state monopoly. Sector: Road transport Industry Classification: CPC 7121, CPC 7122, CPC 7123 Type of Reservation: Most-favoured-nation treatment Description: Investment and Cross-Border Trade in Services Measures that are taken under bilateral agreements and which set the provisions for transport services and specify operating conditions, including bilateral transit and other transport permits for transport services in, into, through and out of the territory of Lithuania regard to the contracting parties concernedcross-border supply of all social services which receive public funding or State support in any form, and road taxes and levies. Sector: Fishing Aquaculture Services incidental are therefore not considered to fishing Industry Classification: ISIC rev 3.1 0501, ISIC rev 3.1 0502, CPC 882 Type of Reservation: Market access National treatment Description: Investment For the purposes of the registration and licensing of a fishing vessel, the owner, captain or master of the fishing vessel shall be resident in Malta, in accordance with the terms of the provisions of the Immovable Property (Acquisition by Non-Residents) Actprivately funded.
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