Home | News | Changes of minimum monthly salary from 1 January 2019

Changes of minimum monthly salary from 1 January 2019

November 23, 2018 - Evelina Dausėnaitė

minimum hourly salary will be EUR 3,39.
minimum monthly salary will be EUR 555;

These minimum amounts are already multiplied by coefficient 1,289, therefore additional procedures of conversation are not required starting 2019.

Below is the table with the comparison of minimum rates applied until 31 December 2018 and from 1 January 2019:

	*Till 2018.12.31*	*From 2019.01.01*
*Minimum monthly salary, EUR*	400	555
*Minimum hourly salary, EUR*	2,45	3,39

Evelina Dausėnaitė

Recent Posts

3 days ago

Payroll, Tax, and Employing Foreign Nationals in Lithuania

With a diverse range of opportunities in work and education, an outstanding healthcare system, and a low cost of living compared to the rest of…

March 22, 2024

Common VAT Mistakes in Lithuania 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…

March 5, 2024

Liquidation or dormancy of the legal entity? Which option to choose.

In the constantly changing business world, it is sometimes needed not only to expand business activities, but also to suspend them or even to liquidate…