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Increase of the minimum monthly wage from 2020

From January 1, 2020 the gross minimum monthly wage in Lithuania will be EUR 607, 9,4% higher than it is now – EUR 555. Meanwhile, the gross minimum hourly wage will be EUR 3,72 instead of the current EUR 3,39.

It is estimated that the net minimum monthly wage should increase from EUR 396 to EUR 425 – 445, depending on the amount of non – taxable income.

Furthermore, the increase in the minimum monthly wage will also change the State Social Insurance Fund Board contribution floor which is equal to minimum monthly wage

If you have any related questions, please do not hesitate to contact us. Leinonen team will be happy to help you.


26.07.19


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Evelina Dausėnaitė

Evelina Dausėnaitė

Head of Tax & Legal

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Mobile: +370 699 77637

Email: evelina.dausenaite(at)leinonen.lt

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