Patyrusių buhalterių biuras

VAT registration

Term:
registration as VAT payers is arranged within 10 working days.

Costs:
290 LTL (84 EUR) + VAT our services.

Persons intending to register as VAT payers should submit the following:

the registration certificate of the company;
data on the domicile, locations of economic activities and divisions (addresses, phone numbers, fax numbers, email addresses, website addresses);
data on the activities being performed and/or planned activities (in accordance with the Statistical Classification of Economic Activities (EVRK));
data on the method of establishment / acquisition of the company;
data on the persons controlling the company as well as data on other legal entities controlled by such persons;
data on the real estate or other long-term assets controlled by the company which is (will be) used in the economic activities of the future VAT payer (the name of the property and the basis of its use).

Our services:

consulting on the issues related to the registration as VAT payers during the whole time of the procedure.
preparation of the documents required for the registration as VAT payers.
representation of the clients in the State Tax Inspectorate.

We provide information regarding mandatory registration as VAT payers and advise on the issues to be carefully considered before making a decision on the voluntary registration as VAT payers.

Mandatory registration as VAT payers

The obligation to be registered as a VAT payer shall arise for a legal or individual entity of the Republic of Lithuania in the following cases:

if the income from the goods / services sold in the Republic of Lithuania in the year (during the recent 12 months) exceeds 100,000 Litas;
if the person in Lithuania acquires goods from other EU Member States (other than new vehicles or goods subject to excise duty), the value of which in the calendar year exceeds 35,000 Litas;
if the person controls several legal entities and their aggregate income in the year (during the recent 12 months) has been in excess of 100,000 Litas. The obligation to register as VAT payers shall arise for all those companies even if the income of each of those companies is lower than 100,000 Litas.

The obligation to be registered as VAT payers in Lithuania shall arise for foreign persons in the following cases:

taxable foreign persons starting to conduct economic activities in Lithuania (the obligation to register shall arise from the very beginning of their economic activities in Lithuania, i.e. without taking the 100,000 Litas threshold into account);
the person of a Member State of the EU performs remote commerce in Lithuania, and the value of the goods being supplied and delivered to the Republic of Lithuania exceeds 125,000 Litas in the calendar year.

Voluntary registration as a VAT payer

The company intending to conduct economic activities may register in the VAT Payers Register on a voluntary basis. However, you should assess whether it is really reasonable for the company to become a VAT payer if this is not mandatory. One of the basic criteria which could predetermine your decision in one way or another is the buyers of the company’s services / goods. If the key buyers are VAT payers, in most cases, it is reasonable to register; however, if the key buyers of the company’s services / goods are non-VAT payers, it is not reasonable to register on a voluntary basis. This rule is applicable most commonly, however, specific circumstances, which will determine your final decision, should always be taken into consideration.

If you have further questions, contact us by phone +370 5 243 0344, by e-mail teise[eta]audita.lt