We would like to kindly inform you that
Lithuanian government has approved a temporary VAT relief which will be valid until
31 December 2022. A reduced VAT rate of 9% will be applied in the
below mentioned cases:
·Catering services with the exception of services or parts of services which are related to alcoholic beverages, i.e., the reduced VAT rate of 9% can be applied to restaurants, pubs, etc.
·For all types of artistic and cultural institutions, for artistic and cultural events, sports events, sports clubs and for other similar services with the exception for non-profit legal entities
·Performance services provided by
performers, such as actors, singers, musicians, dancers, etc.
We would like to note, that the above-mentioned changes will be valid from 1 July 2021, however, the Law must be signed by the Lithuanian President.
If you have any further questions, please do
not hesitate to contact us. Leinonen Tax Team can provide expert knowledge and
help you with different taxation issues.
The information above is prepared by Leinonen Tax Team.
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