Our tax consultation team has put together a simple comparison table of the primary corporate and personal taxes in Estonia, Lithuania, Sweden, Finland and UK. These tables are to be considered informative and general. Please note that tax rates can change. In case of further questions, feel free to contact us via email at estonia@1office.co…
Secure 2025 Tax Rates and Avoid Major 2026 Fiscal Burdens Are you running a dormant, underperforming, or non-compliant company in Lithuania (UAB, MB, etc.)? If you’ve considered closing your business, the window to act is closing fast. The Lithuanian Parliament has approved significant corporate tax and defense financing reforms effective January 1, 2026. For companies…
Here is a draft for a 600-700 word blog post, written from the perspective of November 2025. It incorporates the current economic climate, the upcoming 2026 tax changes, and the critical legal requirements regarding Lithuania’s business landscape in late 2025 is a study in contrasts. On one hand, the economy is outperforming expectations with robust…
On October 16, 2025, the Lithuanian government approved the 2026 budget, confirming an 11.1% minimum wage increase from €1,038 to €1,153 per month. This change, effective January 1, 2026, carries immediate and significant implications for payroll calculations, social security contributions, and labor costs, particularly for employers with minimum-wage workers and posted employees from Nordic markets.…
If you’re an online seller in the Baltics, there’s one name you already know Pigu.lt(also known as 220lv and Kaup24). As the largest e-commerce platform in the region (and part of the Pigu Group / PHH Group), Pigu connects thousands of entrepreneurs with customers in Lithuania, Latvia, and Estonia every day. But while listing products…
Many foreign shareholders are unaware that dividends from Lithuanian companies can be distributed tax-free under specific conditions. This tax advantage makes Lithuania an attractive location for holding and investment structures within the EU. When Are Dividends Exempt from Tax? If a foreign company holds at least 10% of the voting shares in a Lithuanian company…
As cross-border commerce in the EU evolves, businesses are grappling with immediate regulatory shifts. While the May 2025 VAT amendments are creating an urgent need for compliance changes (like the complex “hybrid VAT status” for cross-border SMEs), the European Union is simultaneously paving the way for long-term administrative simplification. The primary vehicle for this simplification,…
While much attention has been focused on the new Corporate Income Tax (CIT) rates – as detailed in our previous post, “Corporate Income Tax in Lithuania 2026” – the most impactful changes for large-scale investors and company executives are found in the system’s strategic incentives and shifts in Personal Income Tax (PIT). The 2026 tax…
Expanding to Lithuania? Here’s what you need to know about VAT If you’re entering the Lithuanian market or offering goods or services from abroad, understanding VAT registration in Lithuania is one of your first compliance steps. Lithuania follows the EU VAT system, but local rules, forms, and deadlines are unique. This guide explains how to…
Lithuania’s economy is expected to continue growing steadily in 2026, providing a generally favorable environment for entrepreneurs and corporate investors. After a brief slowdown in 2022–23, real GDP growth has picked up (2.7% in 2024) and is forecast to remain around 2.5–3.0% in 2026[1][2]. This growth is being driven by robust private consumption (buoyed by…