<\/span><\/div><\/div>[vc_toggle title=”What does the starting fee mean?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]Since we want to maintain the highest level of quality straight from the beginning with each client, we apply a starting fee to be able to give you our full attention.[\/vc_toggle][vc_toggle title=”Is it allowed to take care of my company\u2019s accounting myself?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]No. Accounting can be done by another company or accounting service provider (requires insurance) or you can hire a chief accountant (this is the only option that doesn\u2019t require an insurance).[\/vc_toggle][vc_toggle title=”Is it mandatory to do accounting every month?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]If your company is registered for VAT, it is required to submit declarations every month. It is also mandatory to have a director on salary, even if he is not working and it is required to send the salary info monthly to Social Insurance Fund Board.[\/vc_toggle][vc_toggle title=”What are the obligations of director? ” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]The director doesn\u2019t have any real obligations according to the law. Duties of Members of Legal Person\u2019s Managing Bodies can be found in Article 2.87 of Lithuanian Civil Code.[\/vc_toggle][vc_toggle title=”Who has to submit the annual report?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]The annual report needs to be submitted by the director of the company, chief accountant or other authorized person. As your official accountant registered in Tax Office we will do this for you.[\/vc_toggle][vc_toggle title=”What happens if I don\u2019t submit the annual report?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]Not submitting annual report might result in a fine. Your company also might be up for deletion.[\/vc_toggle][vc_toggle title=”Can I also apply for VAT number before my company has reached the threshold?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]Yes, it is possible. If you want to approve for VAT number before reaching the threshold be prepared to answer the questions from State Tax Inspectorate and ready to prove that you are engaged in business activities in Lithuania and have according agreements in place.[\/vc_toggle][vc_toggle title=”What are the due dates for monthly declarations?” style=”arrow” color=”green” size=”sm” custom_font_container=”tag:h5|text_align:left|color:%23000000″ custom_use_theme_fonts=”yes” use_custom_heading=”true”]Salary \u2013 and tax declarations have to be submitted by 15th of the next month. VAT invoice register must be submitted by 20th and VAT declarations by 25th of the next month.[\/vc_toggle][vc_empty_space][\/vc_column_inner][\/vc_row_inner][\/vc_tab][\/vc_tabs][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"[vc_row full_width=”stretch_row” bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^61166|url^https:\/\/1office.co\/wp-content\/uploads\/2013\/12\/pexels-photo-326576.jpeg|caption^null|alt^null|title^pexels-photo-326576|description^null” bg_image_repeat=”no-repeat” bg_img_attach=”fixed” bg_image_posiiton=”0 10%” seperator_enable=”seperator_enable_value” seperator_type=”tilt_left_seperator” seperator_position=”bottom_seperator” el_class=”one-blog-head”][vc_column][\/vc_column][\/vc_row][vc_row][vc_column width=”2\/3″][\/vc_column][vc_column width=”1\/3″][vc_wp_search][\/vc_column][\/vc_row][vc_row][vc_column el_class=”one-service-flags formspage”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” equal_height=”yes” content_placement=”middle” type=”vc_default” margin_top=”5″ margin_bottom=”10″ css=”.vc_custom_1516026833584{margin-bottom: -40px !important;}” el_class=”one-online-forms”][vc_column width=”5\/6″ offset=”vc_col-lg-12 vc_col-md-12 vc_col-xs-12″ css=”.vc_custom_1516024905668{padding-bottom: 50px !important;}”][vc_tabs interval=”0″ title_size=”h5″ style=”tab-style-three”][vc_tab title=”Igaunija” tab_id=”1509701123473-4-8″][vc_row_inner equal_height=”yes” content_placement=”top”][vc_column_inner][vc_toggle title=”Who can register an Estonian company in 1Office Company Formation Portal?” style=”arrow” color=”green” size=”sm”…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":116,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_wp_rev_ctl_limit":""},"class_list":["post-64295","page","type-page","status-publish","hentry","description-off"],"acf":[],"yoast_head":"\n
BUJ - 1Office<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n