{"id":1762,"date":"2026-10-07T13:39:47","date_gmt":"2026-10-07T10:39:47","guid":{"rendered":"https:\/\/meso.lt\/?p=1762"},"modified":"2026-10-07T13:39:47","modified_gmt":"2026-10-07T10:39:47","slug":"ka-svarbu-zinoti-uzsienio-investuotojams-ir-tarptautinems-imonems-lietuvoje","status":"publish","type":"post","link":"https:\/\/meso.lt\/eng\/ka-svarbu-zinoti-uzsienio-investuotojams-ir-tarptautinems-imonems-lietuvoje\/","title":{"rendered":"What foreign Investors and International businesses should know about operating in Lithuania"},"content":{"rendered":"<p><span data-contrast=\"none\">Lithuania has become an increasingly attractive destination for foreign investors and international businesses. Whether establishing a subsidiary, opening a branch, or commencing operations in Lithuania, one of the first practical questions businesses face is how to organise accounting and tax administration.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">What obligations apply to foreign companies in Lithuania? Is it necessary to engage a local accountant? And how can a business ensure that it complies with Lithuanian accounting, tax and reporting requirements?<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Although Lithuanian legislation does not always require a foreign business to employ a Lithuanian accountant, every company operating in Lithuania must ensure that its accounting, tax reporting and financial reporting obligations are fulfilled correctly. This is why many international businesses choose to work with a local accounting and tax partner.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Accounting Obligations Depend on the Form of Business Presence<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">A foreign business may operate in Lithuania in several ways, including:<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">establishing a Lithuanian subsidiary, usually a private limited liability company (UAB);<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">registering a branch;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">operating through a permanent establishment;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">registering for VAT in Lithuania;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"none\">carrying out certain transactions in the Lithuanian market.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Each model may create different accounting, tax and reporting requirements. Before commencing operations, a business should therefore assess its intended structure and the obligations arising from it.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">What Accounting and Tax Requirements May Apply in Lithuania?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Where a foreign company becomes subject to Lithuanian accounting or tax obligations, it may be required to:<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"none\">maintain accounting records;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"none\">register for VAT;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"none\">calculate, report and pay corporate income tax;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"none\">administer payroll;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"none\">submit declarations and notifications to Sodra, the Lithuanian social insurance authority;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"none\">prepare annual financial statements;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"12\" data-aria-level=\"1\"><span data-contrast=\"none\">comply with other accounting and tax requirements relevant to its activities.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">There is no single set of obligations that applies to every foreign company. The applicable requirements depend on factors such as the nature of the business, its employees, transaction structure, sources of income and the circumstances in which activities are carried out in Lithuania.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">VAT Registration: One of the Most Common Questions<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">VAT registration is one of the issues most frequently encountered by foreign companies entering the Lithuanian market.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Whether a foreign company must register for VAT depends on the nature of its activities and transactions. In certain circumstances, a VAT registration obligation may arise before active commercial operations begin in Lithuania.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Incorrectly assessing VAT obligations may result in additional tax liabilities, late-payment interest or disputes with the tax authorities. These matters should therefore be evaluated before the relevant activities or transactions commence.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">What Challenges Do Foreign Companies Face in Lithuania?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Lithuanian Tax and Accounting Regulations<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Every country has its own tax and accounting framework. Foreign companies often need to understand not only local tax rates, but also filing procedures, deadlines and established administrative practices.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Language and Communication with Authorities<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Although more information is becoming available in English, some official documents, procedures and communications are still handled in Lithuanian. A local accounting partner can help facilitate effective communication with the relevant authorities.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Payroll Administration<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Employing staff in Lithuania creates obligations relating to employment law, social insurance and payroll administration. International businesses may also face additional questions concerning business travel, remote working arrangements and employee mobility between countries.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Group Reporting<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">A Lithuanian entity belonging to an international group may need to satisfy local requirements while also providing regular financial information to its foreign parent company. Accounting processes should therefore be organised so that the data meets both Lithuanian compliance requirements and the group\u2019s management reporting needs.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Can Accounting Be Managed Outside Lithuania?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Yes. In some cases, accounting functions may be centralised in an international group\u2019s finance or shared services centre outside Lithuania.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">However, centralising accounting abroad does not remove accounting, tax or reporting obligations arising in Lithuania.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">If a company has a Lithuanian subsidiary, branch, permanent establishment, employees or other taxable connections with Lithuania, it must ensure that all relevant local requirements are met.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The practical question is therefore often not \u201cDo we need a Lithuanian accountant?\u201d but \u201cWho will ensure that our Lithuanian accounting and tax obligations are fulfilled correctly?\u201d<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">What Are the Risks of Non-Compliance?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Incorrect tax calculations, late declarations or inaccurate reports may result in:<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"13\" data-aria-level=\"1\"><span data-contrast=\"none\">late-payment interest;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"14\" data-aria-level=\"1\"><span data-contrast=\"none\">penalties;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"15\" data-aria-level=\"1\"><span data-contrast=\"none\">additional tax assessments;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"16\" data-aria-level=\"1\"><span data-contrast=\"none\">tax authority reviews or audits;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"17\" data-aria-level=\"1\"><span data-contrast=\"none\">additional administrative costs.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Businesses should therefore focus not only on recording accounting transactions but also on maintaining ongoing compliance with Lithuanian legislation.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Why Work with a Local Accounting Partner?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">An experienced local accounting partner can reduce the administrative burden and help ensure that Lithuanian obligations are fulfilled properly and on time.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Key benefits include:<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"18\" data-aria-level=\"1\"><span data-contrast=\"none\">knowledge of Lithuanian accounting and tax requirements;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"19\" data-aria-level=\"1\"><span data-contrast=\"none\">timely preparation of declarations and reports;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"20\" data-aria-level=\"1\"><span data-contrast=\"none\">payroll administration;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"21\" data-aria-level=\"1\"><span data-contrast=\"none\">assistance with registrations and communication with the State Tax Inspectorate, Sodra and other authorities;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"22\" data-aria-level=\"1\"><span data-contrast=\"none\">accounting processes adapted to international group requirements;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"23\" data-aria-level=\"1\"><span data-contrast=\"none\">financial and management reporting;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"24\" data-aria-level=\"1\"><span data-contrast=\"none\">professional communication in English;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"25\" data-aria-level=\"1\"><span data-contrast=\"none\">support during tax reviews, audits and other procedures.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">When Is a Local Accounting Partner Particularly Valuable?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Local accounting expertise is especially valuable when a company:<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"26\" data-aria-level=\"1\"><span data-contrast=\"none\">establishes a subsidiary in Lithuania;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"27\" data-aria-level=\"1\"><span data-contrast=\"none\">registers a branch or operates through a permanent establishment;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"28\" data-aria-level=\"1\"><span data-contrast=\"none\">employs staff in Lithuania;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"29\" data-aria-level=\"1\"><span data-contrast=\"none\">tampa PVM mok\u0117toja;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"30\" data-aria-level=\"1\"><span data-contrast=\"none\">becomes, or is required to become, VAT-registered;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"31\" data-aria-level=\"1\"><span data-contrast=\"none\">conducts ongoing commercial activities in Lithuania;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"32\" data-aria-level=\"1\"><span data-contrast=\"none\">provides financial information to a foreign parent company;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"33\" data-aria-level=\"1\"><span data-contrast=\"none\">plans to expand into the Lithuanian market.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">How to Choose an Accounting Partner in Lithuania ?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">When selecting an accounting provider, a foreign business should consider more than the price of the service.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Experience with International Businesses<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">International clients often have additional requirements relating to group reporting, cross-border transactions and operations in multiple jurisdictions.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Tax Expertise<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">An accounting partner should be able not only to record transactions, but also to identify relevant tax obligations and potential risks.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">English-Language Communication<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Clear and professional communication is particularly important when decisions concerning the Lithuanian business are made abroad.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Payroll Expertise<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Where a company employs staff in Lithuania, payroll administration becomes an essential part of day-to-day financial management.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">Ataskait\u0173 pritaikymas grup\u0117s poreikiams<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Finansiniai duomenys turi b\u016bti naudingi ne tik Lietuvos institucijoms, bet ir grup\u0117s vadovybei.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Reporting Adapted to Group Requirements<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">MESO Group helps foreign investors and international businesses organise and manage their finance and accounting processes in Lithuania.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Our services include:<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"34\" data-aria-level=\"1\"><span data-contrast=\"none\">accounting services;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"35\" data-aria-level=\"1\"><span data-contrast=\"none\">payroll administration;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"36\" data-aria-level=\"1\"><span data-contrast=\"none\">tax calculation, compliance and reporting;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"37\" data-aria-level=\"1\"><span data-contrast=\"none\">preparation of financial statements;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"38\" data-aria-level=\"1\"><span data-contrast=\"none\">management reporting;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"39\" data-aria-level=\"1\"><span data-contrast=\"none\">tax advisory services;<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:360,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;singleLevel&quot;}\" data-aria-posinset=\"40\" data-aria-level=\"1\"><span data-contrast=\"none\">support for foreign investors and Lithuanian entities belonging to international groups.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Working with both Lithuanian and international clients, MESO Group helps businesses manage their day-to-day accounting responsibilities and integrate Lithuanian compliance requirements into their wider financial management framework.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Frequently Asked Questions D.U.K<\/span><\/b><\/p>\n<ol>\n<li aria-level=\"2\"><b><span data-contrast=\"none\">Is a Lithuanian accountant legally required for a foreign company?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/li>\n<\/ol>\n<p><span data-contrast=\"none\">Not always. However, every company operating in Lithuania must ensure that all applicable accounting, tax and reporting obligations are fulfilled correctly.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">2. Can a foreign company manage its accounting from another country?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In certain cases, yes. However, managing accounting abroad does not exempt the company from Lithuanian accounting, tax and reporting requirements.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">3. Can accounting be outsourced to an external service provider?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Yes. Many international businesses operating in Lithuania outsource accounting, payroll and tax administration to specialised service providers.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"2\"><b><span data-contrast=\"none\">4. Does MESO Group work with foreign-owned companies?<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Yes. MESO Group provides accounting, payroll administration, tax compliance and financial reporting services to Lithuanian and international businesses.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Planning to Start or Expand Operations in Lithuania? \n\nBefore making business decisions, it is important to assess which accounting, tax and reporting obligations will apply to your specific activities.<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:280,&quot;335559739&quot;:120,&quot;335559740&quot;:269}\">\u00a0<\/span><span data-contrast=\"none\">Prie\u0161 priimant sprendimus verta \u012fsivertinti, kokios apskaitos, mokes\u010di\u0173 ir atskaitomyb\u0117s prievol\u0117s bus taikomos b\u016btent j\u016bs\u0173 verslui.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\">\n<p><b><span data-contrast=\"none\">The MESO Group team can help assess your situation, establish appropriate processes and support a smooth start or expansion in Lithuania.<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Contact us to discuss your business needs.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>\n<p><i><span data-contrast=\"none\">Disclaimer: This information is general in nature. Specific obligations depend on the individual circumstances of each business.<\/span><\/i><span data-ccp-props=\"{&quot;134245417&quot;:true,&quot;201341983&quot;:0,&quot;335559738&quot;:200,&quot;335559739&quot;:140,&quot;335559740&quot;:269}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Lietuva jau ne vienerius metus i\u0161lieka patraukli vieta u\u017esienio investuotojams ir tarptautin\u0117ms \u012fmon\u0117ms. Steigiant dukterin\u0119 bendrov\u0119, filial\u0105 ar pradedant veikl\u0105 Lietuvoje, vienas pirm\u0173j\u0173 praktini\u0173 klausim\u0173 tampa apskaitos ir mokes\u010di\u0173 administravimas.\u00a0 Kokios prievol\u0117s taikomos u\u017esienio \u012fmonei? Ar b\u016btina samdyti vietin\u012f buhalter\u012f? Ir kaip u\u017etikrinti, kad visi Lietuvos teis\u0117s akt\u0173 reikalavimai b\u016bt\u0173 vykdomi tinkamai?\u00a0 Nors teis\u0117s aktai&hellip;<\/p>","protected":false},"author":1,"featured_media":1768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"slim_seo":{"title":"Ar u\u017esienio \u012fmonei reikia lietuvi\u0161ko buhalterio? | MESO Group","description":"Su\u017einokite, kokios apskaitos, mokes\u010di\u0173 ir atskaitomyb\u0117s prievol\u0117s gali b\u016bti taikomos u\u017esienio \u012fmon\u0117ms Lietuvoje ir kada verta rinktis vietin\u012f apskaitos partner\u012f."},"_slim_seo_primary_term_category":0,"_slim_seo_primary_term_post_tag":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-be-kategorijos"],"_links":{"self":[{"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/posts\/1762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/comments?post=1762"}],"version-history":[{"count":2,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/posts\/1762\/revisions"}],"predecessor-version":[{"id":1769,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/posts\/1762\/revisions\/1769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/media\/1768"}],"wp:attachment":[{"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/media?parent=1762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/categories?post=1762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/meso.lt\/eng\/wp-json\/wp\/v2\/tags?post=1762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}