Corporate tax

We advise Lithuanian and foreign companies on the Lithuanian corporate tax and other taxes affecting corporations. A specific corporate tax advice may be relevant, when a company contemplates to undergo or is otherwise involved acquisitions, capital raising, acquires or transfers property in Lithuania and many other financial matters are linked with Lithuania. In particular, foreign companies should also be careful whether their activity in Lithuania can be considered as conducted through a permanent establishment or they receive revenue in Lithuania otherwise. 

Our legal expertise extends to the following matters:

• Corporate tax planning, tax losses and tax credits
• Tax relieves, allowable deductions and limited allowable deductions
• Transfer pricing 
• Tax reporting  and payment of corporate tax
• Taxation of charities and NGOs
• Taxation of foreign entities receiving revenue in Lithuania or otherwise concluding property transactions in Lithuania;
• Tax corporate implications of M&A transactions
• Taxation of companies established in free economic zones
• Taxation of investment projects