ACCOUNTING IN LITHUANIA

We offer comprehensive accounting services for companies, branches, and investments in Lithuania.

Thompson&Stein has a highly experienced team of accountants in Lithuania. We provide accounting services in Lithuania, supporting clients not only with company registration but also with ongoing accounting needs. Our services are tailored to small and medium-sized businesses operating within Lithuania, offering comprehensive solutions for Lithuanian company accounting, branch accounting, VAT registration, and complete tax compliance in Lithuania.

Call us to learn more about accounting in Lithuania

ACCOUNTING IN LITHUANIA – WHAT YOU NEED TO KNOW

Every entity registered in Lithuania, whether a company, a Lithuanian branch of a foreign company, or entrepreneurs executing contracts in Lithuania, is required to submit tax returns to the relevant authorities. To properly manage accounting in Lithuania, it is essential to know the Lithuanian language, understand Lithuanian tax regulations, have an accounting degree, and grasp the practical rules of this work. Delays in submitting tax returns or overdue tax payments can lead to intensified tax audits and fines imposed on company management.

To register for VAT in Lithuania, companies must meet several formal requirements. A company seeking VAT registration in Lithuania should maintain a physical office, as virtual offices are generally discouraged by administrative authorities. It must also provide proof of active business operations in Lithuania. In the case of VAT registration for a branch or a foreign company in Lithuania, agreements with local business partners may be necessary. Close collaboration with an accounting office is key to effective tax registration, including VAT compliance.

REQUEST A FREE QUOTE






    SCOPE OF OUR ACCOUNTING SERVICES IN LITHUANIA:

    ACCOUNTING RECORDS

    bookkeeping services

    VAT REGISTRATION

    lithuanian companies and foreign company branches

    ACCOUNTING

    for foreign company branches in lithuania

    POSTED WORKERS

    tax settlement for posted employees

    REPRESENTATION IN GOVERNMENT OFFICES

    client representation before lithuanian authorities

    FILING DECLARATIONS

    VAT and other tax filings in Lithuania

    WHY YOU SHOULD TRUST OUR SPECIALISTS WITH ACCOUNTING IN LITHUANIA?

    Our specialists provide accounting services for companies in Lithuania under the best conditions. We have extensive experience in managing accounting in Lithuania, serving a diverse clientele, including trading, manufacturing, service, construction companies, doctors, and more.

    Utilizing our firm’s services is the ideal solution for entrepreneurs who value professional outsourcing of financial and accounting services. With our support, business owners can focus entirely on the growth and operation of their companies, leaving the complexities of Lithuanian accounting to us. Our knowledge of local law gives us a competitive edge and ensures the reliability of our services.

    VISIT OUR YOUTUBE CHANNEL
    TO FIND OUT HOW TAXES LOOK LIKE IN LITHUANIA

    FIND OUT MORE

    If you'd like to learn more, please send us the form. It will be forwarded to our customer support team, and we guarantee that we will respond to your inquiry within 24 hours (on business days).

    Select the subject of your inquiry, and we will ensure it reaches the right person who can provide you with the relevant support.

    The form is protected by reCAPTCHA, and we adhere to our Privacy Policy.






      PUBLICATIONS

      EIN for a US LLC: How to Get a Tax ID Number Without Visiting the United States

      EIN for a US LLC: How to Get a Tax ID Number Without Visiting the United States

      An EIN (Employer Identification Number) is the nine-digit tax number without which an LLC in Wyoming or Delaware cannot open a bank account, connect a payment processor, or file anything…

      How Much Does an s.r.o. Company in Slovakia Cost in 2026? Full Breakdown

      How Much Does an s.r.o. Company in Slovakia Cost in 2026? Full Breakdown

      Key facts about this article: Thompson&Stein registers an s.r.o. in Slovakia for a one-time fee of EUR 1,300. The minimum share capital for a Slovak s.r.o. is EUR 5,000 and…

      How Much Does a UAB Company in Lithuania Cost in 2026? Full Breakdown

      How Much Does a UAB Company in Lithuania Cost in 2026? Full Breakdown

      Key facts covered in this article: Registering a UAB in Lithuania through a law firm costs EUR 2,100 net – a comprehensive package covering notarial services and filing with the…

      How to Pay a Dividend from an Estonian Company to a Foreign Shareholder? Taxes 2026

      How to Pay a Dividend from an Estonian Company to a Foreign Shareholder? Taxes 2026

      In this article, you will learn that: Paying a dividend from an OÜ triggers 22% CIT at company level (calculated as 22/78 of the net amount distributed), regardless of the…

      Estonian OÜ without e-Residency, registration by proxy step by step

      Estonian OÜ without e-Residency, registration by proxy step by step

      In this article, you will find out that: Registering an Estonian OÜ company without e-Residency is entirely possible, all it takes is a notarised power of attorney and a law…

      How much does an Estonian OÜ cost in 2026? Full cost breakdown

      How much does an Estonian OÜ cost in 2026? Full cost breakdown

      In this article, we cover: The cost of registering an OÜ through a law firm depends on the registration method and scope of service. At Thompson&Stein, fees range from EUR…