Stock Compay (in Lithuanian "Akcinė bendrovė" or the acronym AB) is an enterprise whose authorised capital is divided into shares. It may be formed for any business activity not prohibited by the laws of the Republic of Lithuania.

The minimal amount of the authorised capital cannot be less than LTL 150,000.00 (43,500.00 EUR).  Shares of AB may be offered for sale and treated in publicly in compliance with the legal acts regulating securities market.

The name of AB must have the words defining its legal form "Akcinė bendrovė" or the acronym AB. The registered office of AB must be situated in the Republic of Lithuania.

In its activities the company is guided by the Articles of Association, the Civil Code of the Republic of Lithuania, and other laws and legal acts.

The shareholders shall be liable for the obligations of the Company only by the amounts which they must pay for their shares, with the exception of cases provided for in laws.