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HOW IS VAT REGISTERED?

VAT is a consumer tax on the provision of good or services paid by taxpayers registered in the VAT register. VAT registration is either mandatory or voluntary.

InLegal PRO registers a VAT payer within ten calendar days from the date of submission of the required documents.

HOW IS VAT REGISTERED?

VAT is a consumer tax on the provision of good or services paid by taxpayers registered in the VAT register. VAT registration is either mandatory or voluntary.

InLegal PRO registers a VAT payer within ten calendar days from the date of submission of the required documents.

To register as a VAT payer, the following documents must be submitted:

Location, place of business and branches (addresses, contact numbers, fax numbers, e-mail addresses, internet addresses)

Data on the activities carried out and planned to be carried out (by the Classifier of Economic Activities)

Data on the establishment of the enterprise or the way of its acquisition

Data on persons controlling the enterprise and other legal entities controlled by the enterprise

Data on the fixed assets owned by the enterprise or any other long-term assets used (to be used) in the economic activity of the future VAT payer (name of the assets, grounds on which they are used)

In Lithuania, an enterprise shall be registered as a VAT payer in the following cases:

Profit for goods

Profit for sold goods or services in Lithuania during the last 12 months exceeds EUR 45,000 (except for new vehicles supplied to other EU member states))

Management of several enterprises

An entrepreneur (alone or together with other related persons) manages several enterprises, and the total remuneration received by them over the last 12 months exceeds EUR 45,000; registration as a VAT payer is mandatory for the person (if he or she is engaged in economic activity) and all enterprises managed by him or her, regardless of the fact that the remuneration received by each of them is less than EUR 45,000;

Purchase of goods from EU countries

buys goods (except for new vehicles and excisable goods) in Lithuania from other European Union countries, the value of which exceeds EUR 14,000 per calendar year.

A foreign company shall be registered as a VAT payer in Lithuania if it:

    Delivers goods or services in Lithuania from the very beginning of its economic activity

  A VAT payer from a European Union country conducts distance trading in Lithuania, and the total value of goods delivered to Lithuania exceeds 35,000 euros per calendar year.

  Buys goods (except for new vehicles and excisable goods) in Lithuania from other EU countries, the cost of which for a calendar year exceeds 14,000 euros.

    Delivers goods from Lithuania to other countries of the European Union and beyond.

Voluntary registration as a VAT payer:

Anyone who carries out or intends to carry out economic activities may register as a VAT payer on their own, even if they do not meet the above criteria. Before registration, it is advisable to assess whether it is beneficial to register as a VAT payer, if this is not necessary.

Registration as a VAT payer is beneficial if the main buyers of the supplied goods or services are VAT payers. This rule is applied quite often, but it is important to consider the specific circumstances that will help to make the final decision.       

Which is the final price for a VAT payer or a VAT defaulter:

VAT defaulter VAT payer Note
Good price, EURO 100,00 100,00 This amount stays with you
VAT (21%), EURO 21,00 This amount should be payed to STI
The final amount for the client, EURO 100,00 121,00 This amount is paid by the clients

Issues to be taken into account before registration:

If your income is significantly higher than your expenses, but not higher than the amounts mentioned above, you will not experience the benefits of VAT refunds. For more information, see the section entitled “VAT refunds”.

As a VAT payer, you will be able to refund the VAT paid for purchased goods.

This will not bring you direct benefits, but if your customers are VAT payers, they will be able to take advantage of the VAT refund option. This often becomes one of the criteria for selecting a supplier.

Did you take into account the fact that after you have registered as a VAT payer, your services will become more expensive by amount of VAT tariff?

Are your competitors VAT payers?

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    UAB InLegal PRO

    Successful business in Europe from scratch: registration and sale of companies, residence permit (TRP), legal support, accounting services. Legal and financial advice.

    Terms and conditions of service provision
    Privacy policy

    Company code: 304291346
    VAT code: LT100011233910

    Konstitucijos ave. 12-211, Vilnius
                Lithuania, LT-09309
    Mo. – Fr.: from 8:00 to 17:00

    Migracijos_tarnyba
    paypal_
    SB
    Paysera

    UAB InLegal PRO

    Successful business in Europe from scratch: registration and sale of companies, residence permit (TRP), legal support, accounting services. Legal and financial advice.

    Terms and conditions of service provision
    Privacy policy

    Company code: 304291346
    VAT code: LT100011233910

    Konstitucijos ave. 12-211, Vilnius
                Lithuania, LT-09309
    Mo. – Fr.: from 8:00 to 17:00

    Migracijos_tarnyba
    SB
    paypal_
    Paysera
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