Tax services in Lithuania
Tax services has been one of our core practice areas since the very foundation of the law firm. Our law firm has been recognized by our clients as first tier tax advisor in Latvia. Since 2008 we have also been providing tax services in Estonia and Lithuania. We offer tax advice in international and domestic tax planning, tax litigation, market entry strategies and cross-border tax issues. Along with our deep knowledge of taxation we are able to offer a truly comprehensive legal service in other practice areas, such as mergers and acquisitions.
Lithuania remains attractive to foreign investors because of favourable tax planning opportunities. Notably, the corporate income tax has dropped to 15 percent (from 20 percent). Moreover, small businesses that employ 10 or fewer employees and have annual income of EUR 290.000 or less are eligible for a special 5 percent corporate income tax rate (previously 13 percent). Also, a new law allows the transfer of losses from 2010 and earlier between a Lithuanian resident parent company and its domestic subsidiaries. Until 2013, companies were able take part in investment projects that offered attractive tax benefits.
For further assistance on tax planning, please contact our law firm.
The full list of fields of our expertise in taxation is as follows:
Accounting consulancy in Lithuania
Appeal of Tax assessments in Lithuania
Arranging residence certificates according to double taxation agreements in Lithuania
Business profit tax in Lithuania
Capital gains in Lithuania
Corporate income Tax in Lithuania
Dependant services tax in Lithuania
Dividend taxation in Lithuania
Double taxation treaties in Lithuania
Exchange of tax information in Lithuania
Excise tax in Lithuania
Income from immovable Property tax in Lithuania
Independent services tax in Lithuania
Interest tax in Lithuania
International cross-borders transactions in Lithuania
Land transfer dues in Lithuania
Natural resource tax in Lithuania
OECD Model tax in Lithuania
Packaging tax in Lithuania
Payroll taxes in Lithuania
Permanent establishment tax in Lithuania
Personal Taxation, including filing of Annual Tax returns for expatriates in Lithuania
Preparation of declarations in Lithuania
Property tax in Lithuania
Representation before Tax authorities in Lithuania
Royalty taxation in Lithuania
Social Security in Lithuania
State dues in Lithuania
Tax planning and optimization in Lithuania
Tax audits in Lithuania
Tax litigation in Lithuania
Tax on capital in Lithuania
Taxation of income Law in Lithuania
Transfer pricing in Lithuania
Value added tax representative in Lithuania
VAT representations and registration in Lithuania
Withholding Taxes in Lithuania