The Lithuanian filing year, in plain words

This is the recurring workload behind a Lithuanian VAT number. For a trading company it comes to roughly 40 to 50 filings a year, across four different state systems, in Lithuanian.

Every month

• By the 20th: the invoice register. Every invoice you issued and received last month, itemised, uploaded to the tax office. The system cross checks your list against your counterparties' lists automatically, so a supplier's mistake can surface as a question to you. Required even for a month with zero activity. i.SAF
• By the 25th: the VAT return, paid the same day. VAT collected minus VAT deductible. Import VAT does not have to be paid in cash at the border. For a registered payer it is settled inside this return, which is one of the practical reasons the registration matters. FR0600
• By the 25th: the EU sales list. Every EU business customer you sold to at 0%, with amounts, so their country can tax the purchase. A missing or wrong line removes the legal basis for the 0% rate on that sale. FR0564
• Before every domestic delivery: the electronic waybill. Filed before the vehicle leaves the warehouse, not after. Lithuania is the only Baltic country with this system. i.VAZ

When thresholds are crossed

• Intrastat, monthly. EU goods movements in kilograms and euros. Filing starts the month your arrivals or dispatches cross the year's threshold, in the order of hundreds of thousands of euros. The exact figures are set each year by customs, and we track your totals against them. Intrastat

Quarterly and yearly

• Packaging accounting. Kilograms of packaging placed on the Lithuanian market, kept in the state environmental system, with a quarterly journal and an annual report. The registration must exist before the first import. Foreign companies miss this one most often. Operating unregistered is sanctioned through the pollution tax at a punitive rate. GPAIS

What you do not file

Under a direct registration, with no Lithuanian company and a warehouse that stores and delivers, there are no Lithuanian annual accounts and no Lithuanian profit tax. The company's books and profit tax stay in its home country. Your accountant there receives clean, reconciled Lithuanian numbers from us every month.

If a filing is late

Late or wrong filings draw administrative fines on the responsible persons, interest on late tax, and attention. Attention is the expensive part. A company that files clean for years is left alone. A company with a record of late i.SAF and corrected returns gets its declarations queried. On the customs side the fines are larger; a court applied the statutory bracket of 1,448 to 2,896 EUR for wrong declaration data in a case you can read on our cases page.