HOW WE CAN HELP
When managing your bookkeeping, our focus is on three key areas:
- Providing Clear Insights: Ensuring you have a clear understanding of your business performance, including how much you’re earning.
- Offering Tailored Advice: Addressing your concerns with timely and appropriate recommendations.
- Delivering Quick Support: Ensuring fast response times to your queries.
OUR APPROACH TO BOOKKEPING
- We manage your bookkeeping to meet all statutory requirements, including processing your documents, calculating taxes and wages, and filing tax returns.
- If a tax investigation arises, we’ll represent your interests before the tax authorities.
WHAT WE NEED FROM YOU
- Day-to-Day Tasks: You’ll handle invoicing, payments, and order preparation. We’re here to advise you whenever needed.
- Monthly Meetings: We recommend meeting once a month to review your documents from the past month, address your concerns, and discuss solutions.
- Document Submission: You can deliver your documents electronically or use our courier service for pickup.
OUR RESPONSIBILITIES
- Accuracy and Timeliness: Ensuring all accounting transactions, tax calculations, and tax filings are accurate and on time.
- Record Storage: Safeguarding your accounting records and documents.
- Compliance and Assurance: Guaranteeing your bookkeeping complies with statutory requirements. In the unlikely event of a mistake, we’ll reimburse you for any damages, as our professional risk is insured for your peace of mind.
Taxes in Lithuania
– Corporate income tax of 5% for the turnover up to 300 000 Eur per year
– Corporate income tax of 15% for the turnover over 300 000 Eur per year
– Dividend tax – 15%
– VAT – 21%
Why Lithuania
– NATO and EU member since 2004
– One of the lowest taxes in EU
– 1st in the EU for real GDP per capita growth (period 2000-2020)
– Fast and straightforward process to start a business
– Vast majority of young professionals are proficient in English
