UAB Accounting in Lithuania — Bookkeeping, VMI Filings and Annual Accounts
A Lithuanian UAB (Uždaroji akcinė bendrovė) is a close structural cousin to an Estonian OÜ, but the tax regime differs — Lithuania runs a classical corporate income tax on accrued profit, not an Estonia-style distributed-profit system. Tax filings go to the State Tax Inspectorate (VMI); the annual report goes to Registrų centras. This page sets out the obligations a UAB actually faces.
Corporate income tax — the critical difference from OÜ
Lithuania taxes corporate profit at 15% on accrued (not distributed) profit, with reduced 0% or 5% for small companies meeting headcount and turnover tests in the Law on Corporate Income Tax. Dividends carry a 15% withholding unless a participation exemption or treaty reduces it. This is a material difference from OÜ — the Estonian "retain and reinvest tax-free" play does not exist here.
We run a side-by-side EE/LV/LT tax model for groups choosing where to place the trading entity, using revenue, margin, reinvestment ratio, and dividend cadence. Tax is not the only input — substance, banking, and local hire market also weigh in.
PVM (VAT) — registration and filing
PVM registration becomes mandatory once 12-month taxable turnover crosses €45,000, with a separate €14,000 threshold for intra-EU acquisitions by non-VAT-registered persons. Standard VAT is 21%, with reduced 9% and 5% rates. Returns are filed monthly (or quarterly for smaller taxpayers) through the VMI e-Cabinet; cross-border B2C sales are declared through Lithuanian OSS once the €10,000 threshold is crossed.
We set up PVM registration, handle monthly or quarterly declarations, reconcile EU sales lists, and manage intrastat once goods-movement thresholds are crossed. For e-commerce UABs running Amazon FBA stock across the EU, the OSS/IOSS mapping is the same work we do for OÜs — just VMI instead of EMTA.
Payroll and Sodra social contributions
Lithuanian payroll carries 20% personal income tax (32% above a high threshold), employee Sodra contributions of 19.5%, and a smaller employer contribution of ~1.77–2.49% — employer burden is lower than in Latvia or Estonia because most of the social charge sits on the employee side. Minimum gross wage from 1 January 2025 is €1,038.
We run payroll through VMI e-Cabinet and Sodra portals, produce payslips, and file the monthly GPM313 and SAM reports. For cross-border hires we coordinate A1 certificates and posted-worker compliance so social-tax residency is documented cleanly, not reconstructed after an audit.
Annual accounts and filing with Registrų centras
A UAB files financial statements with Registrų centras within four months of the fiscal year end (30 April for calendar-year companies), under Lithuanian Business Accounting Standards (BAS) for small and medium entities or IFRS when size criteria apply. Statutory audit is required when a UAB exceeds two of three thresholds for two consecutive years: net revenue €3.5m, total assets €1.8m, average 50 employees.
We prepare the statements, lodge via the Registrų centras portal, and coordinate a Lithuanian-licensed auditor when mandatory. For EE/LV/LT groups we align accounting policies at group level so consolidation into IFRS does not trigger restatements — a recurring issue when each country applies local GAAP without coordination.
Working with us on a UAB
UAB engagements run as a joint team between Tallinn and a Vilnius-qualified accountant on retainer. Filings are signed by a Lithuanian-licensed professional; day-to-day service, portal, monthly close, and management reporting stay with our core team. Service is in English, Estonian, Russian; Lithuanian is added for VMI and Sodra.
Pricing starts at our standard package (€499) for an operating UAB with PVM and payroll and scales with transaction count and regulatory load. The proposal enumerates each Lithuanian filing so comparison against a Vilnius-only accountant is line-for-line.
Related questions
Which Baltic accounting firm speaks Russian and English?
Fintech Accounting works in English, Estonian, and Russian across the Baltic market. Trilingual delivery is our standard — founders, directors, and regulators can communicate with us in whichever language fits the audience without a handoff. We serve Estonian OÜs and advise on Latvian SIA and Lithuanian UAB structures.
How much does accounting cost in Estonia?
Our published monthly packages are €499 for standard accounting, €1,500 for compliance-heavy clients, and €3,000 for fintech and AML. Hourly consultation is €150. Tallinn market rates range from roughly €100 per month for a dormant mikroettevõte to €5,000+ for a licensed EMI — volume, regulatory load, and reporting complexity drive the fee.