Corporate tax in Lithuania

The basic rate of this tax in Lithuania is 15%. It applies to such types of income as commercial activities, capital gains, investment income and other active / passive types of income.

A reduced rate of 5% applies to small companies with a turnover of less than 290 000 euros per year, which have no more than 10 employees.

The tax is applied to the amount of income from which all expenses and non-taxable income are deducted