Taxation in Lithuania

Business taxation in Lithuania is quite simple and straightforward. Companies pay Profit Tax, Value Added Tax (VAT), Excises, and Labor-related Personal Income Tax and Social Security payments on behalf of their employees.

Required documents:

• Notarised Power of Attorney issued to one of our incorporation specialists; • Signed Deed of Incorporation; • Document proving a presence of an opened and replenished  company formation account; • Permission to register a company’s physical address; • Articles of Association prepared to suit your business needs*; ‍ *Additional charges may apply for complex shareholder and management structures.