Indirect taxation

We provide a tax advice in relation to all matters pertaining to the value added tax ("VAT") and excise taxes. Generally, if the determined place of supply of goods or services is Lithuania or the acquisition of goods or services is made in Lithuania, the analysis regarding the VAT incidence ought to be made. Notwithstanding the fact, VAT is harmonized throughout the EU on the basis of the so-called "Sixth Directive" and further codified in the Directive 2006/112, certain national peculiarities must be considered.

Another type of indirect tax called to be considered are excise duties. They are also partially harmonized in the EU, particularly in respect of alcohol beverages, tobacco, and fuels. Member States retain discretion what products should be levied with excises.

In this connections, we advise on the following matters:

• Registration for VAT and subsequent handling;
• Optimisation of VAT, invoicing and the right to deduct VAT 
• VAT compliance: preparation of VAT returns, assistance with tax records 
• VAT incidence on the international transactions concluded in Lithuania
• VAT and the internet trade
• Zero-rated VAT export transactions and related risks of non-compliance
• Refund of VAT from the Lithuanian state budget 
• VAT in the chain supply transactions 
• Declaration and payment of VAT
• Goods levied by excise taxes and payment of this tax.