Nestled on the Baltic Sea, Lithuania is quietly scripting one of Europe’s most impressive economic success stories. While larger economies grapple with stagnation, this nation of 2.8 million has consistently punched above its weight. But what does its future hold? By synthesizing projections and trends, we can diagnose the Lithuanian economy in 2026—a landscape defined…
As a new year approaches, so do important tax changes. In 2026, Lithuania will implement a comprehensive tax reform package that impacts corporate income tax (CIT). Understanding these changes now is essential for proactive financial planning and ensuring your business remains compliant and competitive. The New Tax Rates for 2026 The most significant…
Many entrepreneurs from foreigner countries are interested in Europe as a business environment, but how to choose the exact country to start your business in? In this article we highlight Lithuania and bring out the reasons making Lithuania stand out. Lithuanian government has a strong emphasis of creating new jobs and therefore they are happy…
As annual report due dates are approaching, now is the ultimate time to start the process of submitting your company’s annual report. Annual reports are mandatory and required by the law in every country. To make business owners’ life easier and to avoid penalties, we have put together a guide of annual report due dates and prices in different countries.
In the following article, we will take a look at how employee vacation pay is calculated in Estonia, Sweden, Finland, UK, Latvia, Lithuania.
My1Office app is now available. Now you can start a company from your pocket and manage all my1Office services from your phone.
Choosing an accounting service provider from the long list of companies can be confusing. Here are 7 tips to help you make an educated decision.
The EU introduces a new One Stop Shop (OSS) voluntary VAT scheme that enters into force on 1 July 2021. The change aims to simplify VAT payments for cross-border sales in the EU.
We have created this step-by-step guide for setting up My Purchases and forwarding your expense documents in multiple convenient ways.
We have created this step-by-step guide for setting up myInvoices and creating/sending sales invoices through my1Office platform to make it easier for you to get started with creating and managing your sales invoices.