#

Ease of Doing Business in

Lithuania

Lithuania Download Profile (1756.7KB, pdf)
Region Europe & Central Asia
Income Category High income
Population 2,910,199
GNI Per Capita (US$) 15,000
City covered Vilnius

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 21 21
0
78.84 78.60 down
0.24
Starting a Business 29 28 down
1
92.99 92.94 up
0.05
Dealing with Construction Permits 16 15 down
1
80.44 80.43 up
0.01
Getting Electricity 55 58 up
3
80.08 78.97 up
1.11
Registering Property 2 2
-
92.93 92.93
-
Getting Credit 32 29 down
3
70.00 70.00
-
Protecting Minority Investors 51 48 down
3
61.67 61.67
-
Paying Taxes 27 29 up
2
85.44 85.46 down
0.02
Trading across Borders 19 19
-
97.70 97.70
-
Enforcing Contracts 6 5 down
1
77.88 77.88
-
Resolving Insolvency 66 68 up
2
49.23 48.06 up
1.17

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:

27

DB 2016 Rank:

29

Change in Rank:

up2

DB 2017 DTF (% points):

85.44

DB 2016 DTF (% points):

85.46

Change in DTF (% points):

down0.02

Indicator Lithuania Europe & Central Asia OECD high income
Payments (number per year) info_outline 11 17.6 10.9
Time (hours per year) info_outline 171 221.5 163.4
Total tax rate (% of profit) info_outline 42.7 33.8 40.9
Postfiling index (0-100) info_outline 97.6 71.2 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Social security contributions 1 online 85 30.98% gross salaries 34.95
Corporate income tax 1 online 28 15% taxable profit 5.90
Real estate tax 1 online 1% assessed property value 0.98
Vehicle tax 1 online EUR 286 + EUR 1,071 fixed fee depending on type of vehicle 0.23
Contributions to guarantee fund 1 online 0.2% gross salaries 0.23
Land tax 1 online 0.01% - 4% assessed land value 0.20
Environmental tax 1 online EUR 37.64 ton of waste 0.15
Tax on pollution from mobile sources 1 online various rates fuel consumption 0.02
Tax on pollution from packaging 1 online various rates packaging use 0.00 small amount
Value added tax (VAT) 1 online 58 21% value added 0.00 not included
Fuel tax 1 included into fuel price 0.00 small amount
Employee paid - Social security contributions 0 jointly 9% gross salaries 0.00 withheld
Totals: 11 171 42.7
  • Answer
    Profit tax (% of profit) 5.9
    Labor tax and contributions (% of profit) 35.2
    Other taxes (% of profit) 1.5
    Answer Score
    Postfiling index (0-100) 97.6
    VAT refunds 96.0
    Does VAT/GST exist? Yes
    Frequency of VAT/GST refund submission monthly
    Does a VAT/GST refund process exist per the case study? Yes
    Restrictions on VAT refund process None
    Likelihood of VAT audit Unlikely
    Time to comply with VAT refund (hours) 2.0 96.0
    Time to obtain a VAT refund (weeks) 6.2 94.3
    Corporate income tax audits 100.0
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Unlikely
    Time to comply with a corporate income tax audit (hours) 1.5 100.0
    Time to complete a corporate income tax audit (weeks) 0.0 100.0
    Administrative appeal process
    First level administrative appeal authority Central Tax Administration
    Is the appeal authority independent? Independent department within tax office
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines online/in printed publication/in person at tax office/other
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? Yes
    Legal time limit 30 days

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.