| Estonia | Latvia | Lithuania | |
| Corporate income tax (CIT) rate |
CIT is payable upon
profit distributions (the deemed profit distribution). CIT rate is 20%, calculated as 20/80 from taxable net payment. Regularly paid dividends are subject to a reduced rate of 14% (14/86 from net dividends). |
CIT is payable upon
profit distributions (the deemed profit distribution). CIT rate is 20%, calculated as 20/80 from taxable net payment. |
CIT is calculated as
follows: Total income – non taxable income – allowed deductions – limited
deductions = taxable profit. Standard CIT rate is 15%. 20% CIT rate is
applicable to credit institutions.
0% and 5% rates may be applied under certain conditions. |
| Withholding tax rates: | |||
| Dividends | 20% or 14%[1] | 0% or 20%/10%, reduced rates may be applied according to DDT | 0% or 15%, reduced rates may be applied according to Double Treaty Taxation (DTT) |
| Interest | 20% to residents or N/A for non-residents | 0% or 20%/10%, reduced rates may be applied according to DDT | 0% or 10% |
| Royalties | 20% to residents, 10% to non-residents or N/A, in case the exemption applies | N/A | 0% or 10% |
|
Management/
consulting fee |
20% | 20%, exemption may be applied according to DDT | N/A |
| alienation of immovable property | 20% | 3% | 15% |
| Rent/lease of real estate income | 20% | 5% | 15% |
| Wage taxes: | |||
| Minimum monthly salary | EUR 584 | EUR 500 | EUR 642 |
| PIT rates |
-
20%;
- Monthly basic exemption- EUR 500[2]. |
-
20% rate on annual income up to
EUR 20,004;
- 23% rate on annual income exceeding EUR 20,004 to EUR 62,800; - 31% rate on annual income exceeding EUR 62,800. |
-
15% rate is
applicable for sickness pay
- 20% rate on annual income - 32% rate on annual income |
| Social security tax rates: | |||
| Employee rate |
-
1.6% unemployment insurance premium;
- 2% funded pension contribution (if the person as joined 2nd pillar. |
10.50% | Employee’s social security contributions - 19,5%, Participation of employee in pension scheme (optional) - 2,4-3%. |
| Employer rate |
-
33% social tax (the minimum monthly obligation for social tax is 584
EUR, it means, for an employer, the minimum obligation for social tax is 192,72EUR
monthly);
- 0.8% unemployment insurance premium. |
23.59% | 1.61-3.75% |
| Solidarity tax | N/A | 25 % from income exceeding EUR 62,800 | N/A |
| Value-added tax | |||
| Value added tax rates | 20%, 9% and 0% | 21%, 12% and 5% | 21%, 9% 5% and 0%. Compensational rate for farmers is 6%. |
| VAT registration thresholds | EUR 40,000 | EUR 40,000 | EUR 45,000 |
| Annual EU distance selling thresholds | EUR 35,000 | EUR 10,000 | EUR 35,000 |
| Intrastat reporting | |||
| Arrivals | EUR 230,000 | EUR 230,000 | EUR 250,000 |
| Dispatches | EUR 130,000 | EUR 120,000 | EUR 150,000 |
|
Tallinn, Estonia
Leinonen OÜ Põhja pst. 25 10415 + 372 6117 700 contact@leinonen.ee |
Riga, Latvia
Leinonen SIA Vilandes iela 3 LV1010 + 371 6732 3901 leinonen@leinonen.lv |
Vilnius, Lithuania
Leinonen UAB Vilnius, Labdariu 5 01120 + 370 5237 5040 leinonen@leinonen.lt |
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