Lithuania

Basic Facts

Lithuania overview

| OfficiallyRepublic of Lithuania | Northeast European country | EU and NATO member | Semi-presidential democratic republic | Euro (EUR) currency | Civil law legal system | Double taxation agreements with more than 55 countries | High quality of life | Lithuanian language 

Top 3

Reasons for doing business in Lithuania

High quality, educated, multilingual workforce

16% corporate income tax

Tax reliefs in 7 Free economic zones (FEZ)

More advantages​

  • Reduced corporate income tax (CIT) rate of 0% for 1st year and 6% for the following years for small companies with fewer than 10 employees and less than 300,000 EUR in gross annual revenues,
  • Tax incentives for companies investing into research and developments (R&D),
  • Tax reliefs in 7 Free economic zones (FEZ) – no CIT for the first ten years and then 50% lower CIT for further six years, no real estate tax,
  • The receiving company does not include the dividends received from other entities in its taxable income,
  • Operating losses may be carried forward for an indefinite period,
  • Thin capitalisation and controlled foreign companies (CFC) rules apply,
  • Inheritance tax rates of 5% and 10%,
  • No gift tax, no wealth tax.

Company Formation in Lithuania

Do you need to establish a company in Lithuania? Then administer it?  

Are you looking for a reliable lawyer or accountant in Lithuania? 

Do you want to structure your international business in a correct way?  

You do not know yet what do you need in Lithuania? 

Well, contact us at any time, we are ready to help you to find the right answers to your questions and workable solution for your specific needs. 

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