Tax Consultations
When taxes become understandable
Tax Consultations
When taxes become understandable
Professional tax consultations for individuals and legal entities on key Lithuanian tax matters. Our consultations are focused on clear legal assessment, practical solutions, and an individual evaluation of the client’s specific situation.
Our areas of specialization:
1. Taxes for Startups – What You Need to Know
We assist at the business start-up stage in selecting the most suitable tax model and assessing all tax obligations in advance. During consultations, we cover:
- which taxes apply based on the chosen legal form and type of activity;
- which tax returns must be filed, applicable deadlines, and tax rates;
- whether VAT registration is advisable and whether an EORI code is required;
- whether mixed activities are relevant for the company.
Such consultations are particularly useful for clients who wish to avoid tax risks before commencing operations.
2. Consultations on GPM, PM, VAT, NTM, and Land Tax
We handle both individual and complex issues related to:
- personal income tax (various types of income, application of tax reliefs, filing of annual tax returns);
- corporate income tax and applicable exemptions;
- VAT obligations in both domestic and international transactions;
- real estate and land tax.
Exclusions: consultations on transfer pricing, customs duties, excise duties, and waste-related taxes are not provided.
3. Taxation of Real Estate Transactions
We advise both individuals and legal entities on the tax consequences of real estate sales or acquisitions:
- application of personal income tax reliefs for individuals (e.g., cases where a primary residence is sold and the proceeds are used to repay a loan for another residence);
- VAT application in real estate sale transactions between VAT payers (e.g., whether VAT may be applied to older real estate without adjusting VAT deductions);
- and other related issues.
4. Consultations on Filing Annual Personal Income Tax Returns
These consultations are intended for clients receiving various types of income in Lithuania and abroad. We analyze situations where an individual receives:
- income from real estate rental abroad;
- income from the sale of securities in various jurisdictions;
- dividends from Lithuanian and foreign companies;
- interest and other investment income;
- income from cryptocurrency transactions.
We explain how to declare such income, which tax reliefs may be applied, and how to recover taxes overpaid abroad.
Added Value of a Tax Consultant for You or Your Business:
- Legal accuracy – every recommendation is based on legal analysis and established practice.
- Clarity – complex tax issues are explained in a clear and understandable manner, without excessive technical terminology.
- Individual assessment – solutions are tailored to the specific business or personal activity.
- Practical experience – real-life cases where clients successfully applied tax reliefs or avoided tax risks.