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Simple establishment process
Although some business owners may still choose to submit documents to national institutions in person to create a company, there is another clearly more effective way. In order to simplify the process and make it easier to obtain, Lithuania is offering a very convenient and reliable digital registration platform. The cost of establishing a company online has been greatly reduced, requiring only an electronic signature to verify identity and legal commitments.
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Lowering the threshold for immigration requirements
According to Lithuanian law, investing in a company in Lithuania is a valid reason for immigration and residence in the country for foreign citizens. This decision is made to encourage investment in business and has attracted many foreigners to reside here based on legal activities. Foreigners have the right to join the management of a legal entity already established in Lithuania (becoming shareholders of the company) or to establish a new legal entity.
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Simple management
A Lithuanian company can be established with 100% foreign ownership. Its management board must have at least one board member, who can also be a foreigner.
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Self-declaration of value-added tax
Since the tax reform in July 2021, all e-commerce companies registered outside the European Union need to have platforms like Amazon declare value-added tax on their behalf. Registering a Lithuanian company allows you to self-declare value-added tax, reducing the tax payable.
Tax Info
Enter Dynamic Page- General CIT Rate
- 17
- CIT Return Due Date
- Before the 15th day of the sixth month in the next tax period.
- CIT Payment Due Date
- Before the 15th day of the sixth month in the next tax period.
- CIT Estimated Payment Due Date
- Prepaid CIT must be paid before the 15th of the last month of the corresponding quarter.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 0/0/0
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 17/10/10
- General VAT Rate
- 21
- General Capital Gain Tax Rate
- Capital gains are constrained by the normal corporate income tax rate.
- Composite Effective Average Tax Rate
- 13.67%
- Composite Effective Marginal Tax Rate
- 7.25%
Administrative Regions
- 01 - Akmenė District Municipality
- 02 - Alytus City Municipality
- 03 - Alytus District Municipality
- 05 - Birštonas Municipality
- 06 - Biržai District Municipality
- 07 - Druskininkai municipality
- 08 - Elektrėnai municipality
- 09 - Ignalina District Municipality
- 10 - Jonava District Municipality
- 11 - Joniškis District Municipality
- 12 - Jurbarkas District Municipality
- 13 - Kaišiadorys District Municipality
- 14 - Kalvarija municipality
- 15 - Kaunas City Municipality
- 16 - Kaunas District Municipality
- 17 - Kazlų Rūda municipality
- 18 - Kėdainiai District Municipality
- 19 - Kelmė District Municipality
- 20 - Klaipeda City Municipality
- 21 - Klaipėda District Municipality
- 22 - Kretinga District Municipality
- 23 - Kupiškis District Municipality
- 24 - Lazdijai District Municipality
- 25 - Marijampolė Municipality
- 26 - Mažeikiai District Municipality
- 27 - Molėtai District Municipality
- 28 - Neringa Municipality
- 29 - Pagėgiai municipality
- 30 - Pakruojis District Municipality
- 31 - Palanga City Municipality
- 32 - Panevėžys City Municipality
- 33 - Panevėžys District Municipality
- 34 - Pasvalys District Municipality
- 35 - Plungė District Municipality
- 36 - Prienai District Municipality
- 37 - Radviliškis District Municipality
- 38 - Raseiniai District Municipality
- 39 - Rietavas municipality
- 40 - Rokiškis District Municipality
- 41 - Šakiai District Municipality
- 42 - Šalčininkai District Municipality
- 43 - Šiauliai City Municipality
- 44 - Šiauliai District Municipality
- 45 - Šilalė District Municipality
- 46 - Šilutė District Municipality
- 47 - Širvintos District Municipality
- 48 - Skuodas District Municipality
- 49 - Švenčionys District Municipality
- 50 - Tauragė District Municipality
- 51 - Telšiai District Municipality
- 52 - Trakai District Municipality
- 53 - Ukmergė District Municipality
- 54 - Utena District Municipality
- 55 - Varėna District Municipality
- 56 - Vilkaviškis District Municipality
- 57 - Vilnius City Municipality
- 58 - Vilnius District Municipality
- 59 - Visaginas Municipality
- 60 - Zarasai District Municipality
- AL - Alytus County
- KL - Klaipėda County
- KU - Kaunas County
- MR - Marijampolė County
- PN - Panevėžys County
- SA - Šiauliai County
- TA - Tauragė County
- TE - Telšiai County
- UT - Utena County
- VL - Vilnius County
Belonging Jurisdiction
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LT - Lithuania
Republic of LithuaniaLearn MoreRepublic of Lithuania -
EEA - European Economic Area
European Economic AreaLearn MoreEuropean Economic Area -
EU - European Union
European UnionLearn MoreEuropean Union -
WORLD - Global
EarthLearn MoreEarth
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