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.