News
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…
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…
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…
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…
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…
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…
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…
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…
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…