The Commentary clarified, that taxable value of the outer package of the non-compensated prescribed medicines is the taxable value of the package after granting discounts.
It is also noted, that the external package consisting of several outer packages (e.g. package for transport, which includes 100 outer packages) is not considered outer package, therefore in such case reduced 5% VAT rate shall not be applied.
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.…
In recent years, the Lithuanian Register of Legal Entities (hereinafter – the Register Center) intensified its monitoring of companies that are not conducting business or…
COMPANY ESTABLISHMENT Although the procedure to establish a business in Lithuania is quite straightforward, the help of experienced lawyers and specialists is needed. Throughout the…
