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November 21, 2023

What main points to consider when having transactions with foreign companies?

When foreign company has permanent establishment in Lithuania, it is clear, that it must calculate and pay corporate income tax. Is there are any other…

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August 9, 2023

CHANGES OF DAILY ALLOWANCES FROM 1ST OF AUGUST 2023

We kindly inform that on 28th June 2023, with resolution No. 504 the Government of the Republic of Lithuania changed resolution No. 526 “On the…

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May 23, 2023

Reduce your company‘s taxable profit with investment tax relief

Although the investment tax relief came into force in 2009, only a small number of companies benefited from the exemption and reduced their taxable profits.…

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May 16, 2023

The most common mistakes when declaring corporate income tax

Approaching the deadline for filing a corporate tax return, we would like to draw your attention to the most common mistakes when declaring income tax.…

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