Accounting services
Ensure seamless financial operations and full compliance for your Lithuanian business with our expert accounting services in Lithuania. At 1Office, our seasoned accountants are registered with the State Tax Inspectorate, providing reliable and tailored financial management solutions for both local and foreign companies.
Your dedicated accountant communicates in English, so you always understand exactly where your business stands.
Accounting services in Lithuania
Ensure seamless financial operations and full compliance for your Lithuanian business with our expert accounting services in Lithuania. At 1Office, our seasoned accountants are registered with the State Tax Inspectorate, providing reliable and tailored financial management solutions for both local and foreign companies.
Your dedicated accountant communicates in English, so you always understand exactly where your business stands.
Essential Accounting & Payroll Services from €90/month
Dedicated English, Lithuanian and Russian speaking accountants
Everyday Bookkeeping
Payroll Services in Lithuania
Monthly VAT declarations
Cross-border accounting capabilities
Access to discounts for other services
Accounting tailored to your unique needs leads to optimal outcomes and partnerships. 1Office delivers both.
Accounting tailored to your unique needs leads to optimal outcomes and partnerships. 1Office delivers both.
Accounting services from €90/month
Everyday accounting
Payroll
Monthly VAT declarations
Cross-border accounting capabilities
Access to discounts for other services
Support in English, Lithuanian and Russian
Business Consultation · Lithuania
Have questions about taxes or accounting in Lithuania?
Get answers from a real expert.
From corporate income tax and VAT to payroll, dividends, and accounting obligations, our specialists give you precise, up-to-date guidance tailored to your company's situation. No generic templates, no guesswork.
Corporate & international taxation
VAT registration & calculations
Payroll & employer obligations
Dividend & salary taxation
Fringe benefits & expenses
Accounting & reporting questions
All consultations are held in English
WHY PEOPLE CHOOSE US
Providing our customers exactly what they need so their business can thrive.
Additional Financial & Compliance Services for Your Lithuanian Company
Beyond daily operations, we offer crucial financial and compliance services to help your Lithuanian business thrive and meet all statutory requirements, including those for financial reporting.
Annual Financial Reports
Comprehensive preparation and submission of annual financial statements for all active and dormant companies to the State Tax Inspectorate and Register of Legal Entities, ensuring compliance with Lithuanian Business Accounting Standards (BAS) or International Financial Reporting Standards (IFRS)
Corporate Profit Tax Declarations
Corporate Profit Tax Declarations: Accurate preparation and submission of your corporate profit tax declaration for companies operating in Lithuania.
VAT Registrations & Compliance
Full support with VAT registrations (drafting, submission, and managing applications with Tax Authorities) and ongoing VAT compliance, including SAF-T document preparation.
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Full English support, including your dedicated accountant
Get in touch with our business advisor
Tõnis Jõgeva
Business Solutions Advisor
“As a Business Solutions Advisor in the Finnish and Swedish markets, I have witnessed exceptional results that our clients have achieved. Our expertise in understanding the complexities of local regulations and providing tailored financial solutions has enabled businesses to thrive and make informed decisions, ensuring their long-term success in these markets.”
Tel: +370 521 401 48
E-mail: [email protected]
For local and international businesses operating in Lithuania
Multilingual Support for Top-Quality Customer Service
Our team of local experts is fluent in English, Russian, and Lithuanian, providing top-quality customer service in your preferred language. This multilingual support ensures seamless communication with local Lithuanian institutions and guarantees a clear, compliant path for your business.
Comprehensive Accounting & Bookkeeping Services
As a leading provider of outsourced accounting in Lithuania, we offer a comprehensive range of solutions to meet your business needs, from bookkeeping for small businesses to full-scope accounting for established companies. Our services go beyond basic bookkeeping, including cashbook completion, meticulous management of purchase and sale invoices, financial reporting, and end-to-end payroll services in Lithuania to ensure your team is paid on time and in compliance.
For companies without local VAT registration, we can also act as your fiscal representative in Lithuania, handling filings and communication with the tax authority on your behalf.
Professional level accounting software
As a client, you get seamless access to your professional accounting dashboard. This online platform provides real-time visibility and control over your finances, with reports on sales, payments, and payroll. With multicurrency capability, our online accounting services Lithuania simplify your international transactions and financial oversight from anywhere.
Our Commitment: Proactive Support & Expert Guidance
Proactive
We don’t just react to your needs; we anticipate them. By taking a proactive approach to your business, we actively look for solutions that help you succeed. Our mission is to ensure your finances are always in order, allowing you to focus on growth without worrying about compliance issues.
Flexible
Whether you are a startup just getting started or an established company looking to expand, our accounting services are fully customizable. We adapt our solutions to match your business’s unique speed and growth, ensuring you always have the support you need, when you need it.
Experienced
With over 17 years of experience in providing top-tier accounting services in Lithuania, we have gained extensive local and international know-how. This deep expertise gives us a unique perspective on the challenges faced by foreign companies and allows us to provide reliable, informed guidance that you can trust.
FREQUENTLY ASKED QUESTIONS
We’ll gladly answer your questions about accounting services in Lithuania.
Who needs accounting services in Lithuania?
Accounting services are required for:
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Lithuanian UABs, including foreign-owned companies
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Foreign-owned or internationally managed companies operating in Lithuania
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Active and dormant companies
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Startups, SMEs, e-commerce businesses, and holding companies
All Lithuanian companies must maintain accounting records, regardless of activity level.
Is accounting mandatory for Lithuanian companies?
Yes. Accounting is mandatory for all Lithuanian companies. Also dormant or low-activity companies still have statutory reporting obligations.
Do I need a local accountant in Lithuania?
While not legally required to hire a local accountant, Lithuanian accounting rules, language requirements, and tax filings make local expertise essential, especially for foreign-owned and internationally managed companies.
What accounting services does 1Office provide in Lithuania?
Our Lithuanian accounting services include:
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Monthly and annual financial reporting
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Corporate Income Tax (CIT) compliance
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VAT accounting and VAT returns (if registered)
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Payroll and salary calculations (if applicable)
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Communication with Lithuanian tax authorities
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Annual financial statements preparation
Services are tailored based on company size and activity.
How often does accounting need to be done in Lithuania?
Accounting frequency depends on activity, but typically includes: monthly bookkeeping, monthly tax filings (if VAT or payroll applies), annual financial statements and tax returns. Even companies without activity must meet annual reporting obligations.
Do foreign-owned Lithuanian companies have different accounting rules?
No. Foreign-owned companies follow the same accounting and tax rules as locally owned companies.
Do I need to register for VAT in Lithuania?
VAT registration is required if: annual turnover exceeds the VAT registration threshold, you perform certain EU or cross-border transactions, you voluntarily register for VAT (in some cases). We assess VAT obligations individually based on business activity.
Do Lithuanian companies need to file annual accounts?
Yes. All Lithuanian companies must file annual financial statements, even if the company had no activity.
Annual reporting typically includes:
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Financial statements
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Corporate income tax return (if applicable)
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Submission to the relevant authorities
Missing filings can result in penalties or company status issues.
Do I need payroll accounting if I pay a director or employees?
Yes. If your Lithuanian company pays employee salaries or director remuneration. You must run payroll and comply with: income tax, social security contributions, monthly payroll reporting. We handle full payroll compliance.
Can I manage my Lithuanian accounting remotely?
Yes. Lithuanian accounting can be managed fully remotely.
How much do accounting services cost in Lithuania?
1Office Lithuania accounting services start from €90 per month. The exact monthly fee depends on transaction volume, whether VAT returns are required, and whether payroll processing is included. Services are tailored to your company’s activity level — a dormant company with minimal transactions costs less than an active trading company with employees.
How is salary calculated in Lithuania?
Salary calculations include gross-to-net conversion, income tax, social security (Sodra) contributions, and any applicable reliefs. We handle the full salary calculation and payslip process as part of our payroll service, so figures are correct and filed on time.
Get in touch
Email, call or complete the form to request more information about 1Office Lithuania accounting services or how we can help you maintain a high level of quality in accounting and compliance for your business in Lithuania.
Email us
We are happy to respond to your requests
Call us
Happy to take your call during office hours
Visit us
T. Narbuto 5, Vilnius, Lithuania, LT-08103
Mon-Fri 9.00-17.00, local time
A team on location with international experience
Our team’s international background and on-site presence offer valuable location-specific insights and perspectives.
Customised services based on your specific needs
Our approach to your business is personalised and focused to deliver the best experience.