• Lithuania Tax Features

  • Taxable Basis
    Lithuanian tax resident companies are taxed on their worldwide income whereas non-Lithuanian tax resident companies are taxed only on income generated in Lithuania

    Taxable Period
    Calendar year - however, a corporation may apply to adopt a substitute year of reporting.

    Corporation Tax Rate(s)
    15%/5%

    Ordinary Tax Losses
    Can be carried forward indefinitely. No carry back

    Capital Gains Tax Rate(s)
    15%

    Capital Losses
    Can only be used to set off capital profits resulting from the transfer of securities or derivative financial instruments.

    Stamp Duty
    No

    Capital Duty
    No

    VAT
    Yes

    VAT Standard Rate
    21%

    VAT Reduced Rate(s)
    9%/5%/0%

    VAT Registration Threshold
    €45,000

    VAT Filing & Payment
    Monthly

Compare Lithuania to other jurisdictions and see the difference in corporation tax rates, tax residency requirements, VAT rates, capital gain taxes, etc.

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