Taxes in Lithuania
The population of Lithuania is 2 people, the capital of the state is Vilnius. This country is considered one of the successful and promising republics compared to other Baltic locations.
Taxes in Lithuania are paid by all commercial entities registered in the country. The main tax payments include:
- business direction;
- personal income tax;
- the property;
- dividends;
- vehicles.
Contacting the Company «E-COMMERCE BROKER”, in return you receive competent advice and professional performance of the services provided. The accumulated practical knowledge allows us to offer a fairly wide range of work, ranging from company registration in different jurisdictions to crypto-acquiring.
We successfully work with high and low risk industries. We provide face-to-face consultations in our own office located in Tallinn, as well as through instant messengers. If you wish, you can use the feedback form.
Tax system in Lithuania
Companies carrying out business activity in Lithuania are subject to the following taxes:
- Income tax – 24% of the amount of earnings specified in the employment contract.
- VAT – 18%.
- Social income tax – 4%.
- Contributions to the Social Insurance Fund – 34%.
- Income tax – 15%. If the organization has the status of a small company (no more than 10 employees, annual turnover up to 1 million litas) – 13%.
Existing tax privileges in Lithuania:
- generous incentives for construction business;
- research programs;
- The tax rate for persons who produce original films is 25%.
If you wish open a company in Lithuania, We will help you choose the optimal tax system. We take full responsibility for the paperwork. We work with each client individually, discussing in detail all the details of mutually beneficial cooperation.
Free economic zones in Lithuania
On the territory of the European state there are 2 SEZs in Kaunas/Klaipeda. In order to operate in these zones, it is necessary to invest in the Lithuanian economy. The investment size must be at least 100 thousand euros. It will also be necessary to create at least 20 jobs for local residents.
If the above conditions are met, the organization will be completely exempt from taxes for the first 6 years, the only payment transferred to the state is land tax in the amount of 50%.
In the SEZ, it is preferable to develop the restaurant, hotel business, tobacco production, logistics, real estate, services, and so on. If you are interested in this area, then our company’s specialists will provide comprehensive assistance in preparing the appropriate package of documentation and will carry out the entire registration process according to the power of attorney submitted by you.
According to current legislation, foreign individuals have the right to buy any real estate in Lithuania, with the exception of land plots. There are no exceptions for legal entities.
To get an effective and rational banking solution, contact our specialists, who will clarify all the details of the current situation, and based on reasoned facts and additional wishes, they will draw up a list of required services for you.
To contact us, please use the mobile phone number +371 28 375 598, or write by email info@ecommerce-broker.com.
