Taxes in Lithuania

Laws of the Republic of Lithuania provide for 25 taxes. Principal taxes are the following:

  Object of the tax   Tax and rate
  Profits   15% or 5% Corporate income tax*
  Dividends   According to Double Tax Agreement.If there is no Double Tax Agreement, 15% personal income tax is applicable for natural personNo taxes for dividends for legal person from European Union
  Wage 15% – Personal income tax
39,98% – Social and health insurance
0,2% Payment to Guarantee Fund
  Property   0,3% – 1% property tax
  VAT   21%


* If average number of employees does not exceed 10 and income during the tax period does not exceed LTL 1.000.000, a rate of 5% shall be imposed.