August 16, 2023

What to keep in mind when calculating payroll taxes in Lithuania?

Payroll taxes in Lithuania play a significant role in regulating the remuneration of employees. The Labor Code of the Republic of Lithuania provides guidelines for…

Continue reading
June 27, 2023

Processes of optimization and workflows

„In a rapidly changing environment of business and technology, the field of accounting could not lag behind the development. Companies which had server based accounting…

Continue reading
May 18, 2023

Leinonen Lithuania welcomes the new country manager

Povilas Sadaunykas has been appointed as the new director of Leinonen Lithuania. In this position, he replaces Milda Ugianskienė, who has been the head of…

Continue reading
August 5, 2022

Tightened requirements for virtual currency service providers

On June 30, 2022, the Law of the Republic of Lithuania on the Prevention of Money Laundering and Terrorist Financing (law No. VIII-275) amending Articles…

Continue reading
August 2, 2022

Labour code amendments as of 1 August 2022

New amendments to the Labor Code of Lithuania are entering into force on August 1, 2022. Please check below the main changes that come into…

Continue reading
June 23, 2022

Changes in legislation regulating reduction of daily allowance

As of 1 July 2022 Government Resolution No. 526 “On the Payment of Daily Allowance and Other Business Trip Expenses”, which sets the maximum amounts…

Continue reading
March 1, 2022

Provision of information on beneficiaries to the Register of Legal Entities. What is IT important to know?

The start of a new year often brings new legislative changes or new opportunities to fulfill existing responsibilities. This year is no exception, as the…

Continue reading
February 2, 2022

Tax changes from 2022

Amendments to the Law on Personal Income Tax from 2022   1. From 2022 the minimum monthly wage increases   The government has approved an…

Continue reading
July 28, 2021

Exit Tax in Lithuania

Starting 2020 new regulations related to transfer of assets to foreign countries were introduced to Lithuanian legislation and so-called exit tax was introduced. According to…

Continue reading

Get in Touch

    +370 5237 5040