Taxation
On request we provide you with all the information you need on the tax system and rates in Lithuania. A short summary of the rates is given in the table below, listing the most common taxes and rates in Lithuania:
| Tax type | Tax rate |
|---|---|
| » Corporate tax (profit tax) | 20% |
| » Value Added Tax | 19% |
| » Income tax | 15% |
| » Social insurance contributions |
30.98% Employer part 3% Employee part 6% Health insurance |
| » State Guarantee Fund contributions | 0.1% of the salary |
A detailed explanation of the principles and rates of the Lithuanian tax system can be found on the website of the Lithuanian State Tax Inspectorate, for more information on social security in Lithuania please go here.