where integrity and excellence meets together
Incorporate your business in Lithuania
Plant your capital in Lithuania – the country which provides the possibility to do business in EU at lower costs. The unique combination of highly educated people and low salaries together with highly competitive utility and real estate costs is worth to explore.
Small Tax Burden
Lithuania pursues business-friendly tax policy. Lithuania’s corporate tax is 15%, individual taxation (15%) is in line with similar countries, and the overall tax burden is one of the smallest among the EU countries.
Lithuania became a fully-fledged NATO and EU member in early 2004, and on 21 December 2007 the country was accepted into the Schengen area.
Taxation issues Every Investor Should Know
Withholding Tax Rates | |
Dividends, Interest, Royalties | 10% |
Dividends paid to a foreign entity when the foreign entity for at least 12 past months owns more than 10% of voting shares of such Lithuanian entity | not subject to taxation. |
Payments for Leased and Sold Immovable Property | 15% |
Value-Added Tax | |
Standard VAT rate | 21% |
Reduced VAT rates | 5% and 9% |
Corporate Income Tax | |
Corporate Income Tax Rate | 15% |
Capital Gains Tax Rate | 15% |
Personal income tax | 15 (+6% health insurance contribution) |
Real estate tax | 0.3-1 |