Do Lithuanian companies need an annual audit? When is the annual audit required?

Lithuanian companies are not subject to annual audits, but they are required to produce annual financial statements, hold general meetings, file income tax and VAT returns, and we can assist our clients with Lithuanian company tax compliance.

Do Lithuanian companies need to file income tax returns? What are the tax rates? When do I have to file?

All Lithuanian companies are required to file an annual corporate income tax return, even if the company does not operate. The Lithuanian income tax rate is 15%. Lithuanian companies must submit their financial statements within six months of the end of their fiscal year (generally January 1 to December 31) or, if your company's fiscal year does not coincide with the calendar year, within three months of the end of that fiscal year.

When signing company/compliance documents, should the client also fill in the date?

No. Clients should sign documents without filling in the date. Leaving the date blank avoids having to re-sign if an error is found and the documents must be corrected.

Annual Dormant Account Filling for Dormant Company in Lithuania

Applicable country/region: LT - Lithuania

Unit PriceEUR 600 / Company

Applicant Must Be PresentNo

View Requirements

Response within 1 working hour on business days. We confirm applicability and estimated fees first.

English-speaking advisor

Lithuania local setup support

Tailored service assessment

Remotely Process Your Annual Dormant Account Filling for Dormant Company in Lithuania

Discover our comprehensive Lithuania Dormant Company Annual Return service, tailored specifically for Lithuanian clients seeking expert annual audit services for their dormant companies. Ensuring compliance with Lithuanian tax regulations, our service facilitates seamless interactions with tax authorities and simplifies the tax returns process. We provide detailed information and guidance throughout the financial year to help you meet all income tax obligations without hassle. Our dedicated team leverages deep insights into the Lithuanian tax landscape to ensure your company's annual return is meticulously handled. Enhance your business operations by choosing our expert service, designed to offer peace of mind and precision. As you navigate the complexities of tax returns, rely on our proven expertise to maintain your company's good standing. Explore the benefits of professional annual audit services and secure your company's future today. Trust us to manage your Lithuania Company Annual Return with unparalleled accuracy and attention to detail.

Service Included

Provide annual audit services for dormant companies in Lithuania for Lithuanian clients.

Number of services already included in this product: 1.00

Frequently Asked Questions

About Lithuania

Lithuania offers the fastest company registration in the EU, a competitive 15% corporate tax rate, a highly skilled tech workforce, and a thriving fintech ecosystem with EU banking passporting.

Simple establishment process

Although some business owners may still choose to submit documents to national institutions in person to create a company, there is another clearly more effective way. In order to simplify the process and make it easier to obtain, Lithuania is offering a very convenient and reliable digital registration platform. The cost of establishing a company online has been greatly reduced, requiring only an electronic signature to verify identity and legal commitments.

Lowering the threshold for immigration requirements

According to Lithuanian law, investing in a company in Lithuania is a valid reason for immigration and residence in the country for foreign citizens. This decision is made to encourage investment in business and has attracted many foreigners to reside here based on legal activities. Foreigners have the right to join the management of a legal entity already established in Lithuania (becoming shareholders of the company) or to establish a new legal entity.

Simple management

A Lithuanian company can be established with 100% foreign ownership. Its management board must have at least one board member, who can also be a foreigner.

Self-declaration of value-added tax

Since the tax reform in July 2021, all e-commerce companies registered outside the European Union need to have platforms like Amazon declare value-added tax on their behalf. Registering a Lithuanian company allows you to self-declare value-added tax, reducing the tax payable.

Lithuania Tax Brief

Data Source PwC World Tax Summary
OCED Statistic

Time of Update 4/05/2026

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