News
Labour Code Amendments regarding business trips to Lithuania
In order to implement the provisions of Directive (EU) 2018/957, from 30 July 2020 the amendments of Articles 108 and 109 of the Labour Code…
Business in Lithuania – Corporate Income Tax relief for investors implementing a major project
We would like to inform that on 30th of June 2020 the Lithuanian Government adopted amendments in the Law on Corporate Income Tax that establish…
Business in Lithuania – Important notice regarding tax arrears
Essential information regarding tax arrears in Lithuania We would like to remind you that on 16 June 2020 the quarantine in Lithuania was terminated,…
Changes in non-taxable income in Lithuania
Non-taxable income amount changes starting 1 July 2020 In order to promote consumption and increase the income of the lowest earners, amendments to the Law…
COVID-19 – support for micro companies
We would like to inform that Lithuanian government has introduced new one-time subsidy which may be paid within 3 business days. The above-mentioned support measure…
COVID-19 – support with tax obligations
We would like to inform you that Lithuanian State Tax Inspectorate (STI) has announced a list of taxpayers which will be automatically given these aids: …
Important information for business related to quarantine
00:00 16 March 2020, quarantine regarding coronavirus (COVID-19) spread in Lithuania was announced. The quarantine is currently valid till 30 March 2020. Due to this,…
New evidences while transporting goods to other EU countries
We would like to inform you that from January 1, 2020 the Council Implementing Regulation 2018/1912 amends the provisions of Regulation 282/2011 regarding the evidence…
Participation in VAT fraud – how to avoid it?
Leinonen tax team would like to share insights on where businesses should pay attention in order to avoid being involved in VAT fraud. 1. …