Taxes
Salary
From 01/01/2020 the minimum salary amounts to € 607.00
The salary is subject to the following monthly taxes:
| Tax | Rate | Taxes of the minimum salary |
|---|---|---|
| Income tax | 20% | 121.40 € |
| Social insurance | 21.27% | 129.11 € |
| From 1 january 2017 , the Board of the State Social Insurance Fund will take over the administration of the Guarantee Fund | 0.0% | 0.00 € |
Business profits
| Profit tax | and the income for the tax period does not exceed 300 000 €, 5 % rate of tax is applied. The tax allowance is not applied if a shareholder(s)( are the owner(s) of majority interest (more than 51%) of other companies in all over the world |
|---|---|
| Dividends |
Sale of goods and services in Lithuania
| Value-added tax (VAT) | 21 % |
More detailed information is available by telephone: +370 5 200 10 27, +370 5 200 10 25 (Lithuania, Vilnius city)
e-mail: biznesmigracija@gmail.com
Office address: Naugarduko str. 100 – 503, Vilnius, Lithuania
Business hours from 9:00 a.m. to 5:00 p.m.
Call us now!