News
i.MAS in Lithuania: What Foreign Businesses Need to Know in 2026 and 2027
Lithuania’s Smart Tax Administration System, i.MAS (Išmanioji mokesčių administravimo sistema), has been the backbone of the country’s digital tax control since 2016. A decade on,…
VAT in Lithuania – Common Mistakes and How to Avoid Them
Value added tax (VAT) – is a tax applied to goods and services in all EU countries. All countries set the rates of this tax…
E-residency in Lithuania
Foreign companies stepping into the Lithuanian market commonly encounter certain barriers while using digital public services. Especially when the representatives of the branches and subsidiaries in Lithuania…
Public Holidays in Lithuania
Sitting at number 11 of almost 200 countries included in the World Bank’s ‘Ease of Doing Business’ ranking in 2020, Lithuania has climbed an impressive…
Christmas Bonuses in Lithuania: Tax, Payroll and Accounting Implications
Christmas bonuses in Lithuania can be either performance-based or provided as a gesture of goodwill during the festive season. While a 13th month bonus is…
From Finland to the Baltics: The Story of Leinonen Transformation and Growth
In today’s fast-paced and complex business environment, companies need more than just service providers—they need true partners. For over three decades, Leinonen Group has been…
Expanding your business in the Baltic States: what challenges lie ahead and how to overcome them
When companies look to expand into foreign markets, the Baltic States often become the first choice. Operating in neighboring countries presents numerous opportunities but also…
PAYROLL IN LITHUANIA: KEY INSIGHTS INTO REGULATION AND TAXATION
Understanding the complexities of payroll laws is essential for employers and employees alike to ensure compliance and foster a productive work environment. This guide provides…
Employee motivation: how to find a balance between the capabilities of the company and effective benefits
For company managers, employee motivation must be considered in several aspects, including the selection of effective incentives and accurately calculating the budget allocated to them.…