Corporate taxation

The standard CIT rate is 15%.

Corporate tax incentives

A reduced CIT rate of 0% or 5% can apply to small companies with fewer than ten employees and less than EUR 300,000 in gross annual revenues.

Transfer pricing

The arm’s-length principle was introduced in Lithuania by the Corporate Tax Act of 20 December 2001. Detailed transfer pricing requirements (methods, documentation, etc.) was issued in April 2004 by Order No 1K-123. An update was published by Order No. IK-470 of 31 December 2018 to bring the rules closer in line with OECD guidelines.


Transfer Pricing Case Law

Case NameDescriptionDateKeywords