Buying a Car Through Your Lithuanian Company: Accounting and Tax Treatment
Learn how Lithuania treats company car purchases, including CO₂-based tax deductions, VAT recovery, running costs and private use.
Read MoreAccounting Services
Stay compliant, organized, and in full control of your business finances. We handle everything directly — from bookkeeping to tax reporting — ensuring accuracy, transparency, and peace of mind at every stage.
Get StartedCompanies Served
500+
On-Time Filing Rate
100%
Years Experience
10+
EU Countries Served
40+
Overview
Running a company in Lithuania requires more than just registration — it requires accurate, compliant, and well-structured accounting. Whether you are already operating or planning to enter the Lithuanian market, professional accounting is essential for long-term stability and growth.
At BalticIncorp, we provide comprehensive accounting services tailored to startups, growing businesses, and international companies. Our goal is simple: keep your finances clear, your reporting accurate, and your business fully compliant with Lithuanian and EU regulations.
Whether you are just starting or scaling operations, we adapt our accounting services to your specific needs.
What’s Included
A complete accounting service package built for Lithuanian companies and international founders operating in Lithuania.
Legal Obligations
Lithuanian regulations require companies to maintain proper accounting at all times.
All companies registered in Lithuania must submit annual financial statements — even if no activity occurred during the year.
If your financial year ends on December 31, the submission deadline is usually June 30 of the following year.
Reporting Tiers
Reporting requirements vary depending on company size.
How It Works
Documents can be submitted digitally — the entire process can be handled remotely.
Testimonials
Get in Touch
Ready to register your company in Lithuania? Contact us today — we'll walk you through every step and answer all your questions, at no cost.
Call us
+370 (605) 142 08
Email us
Domantas@balticincorp.com
Message us on WhatsApp
Telegram
@DomantasR
Response within 24 hours
For faster responses, use WhatsApp or Telegram. We typically reply within minutes during business hours.
We'll get back to you within 24 hours. For a faster response, reach us on WhatsApp.
Help & Advice Centre
Learn how Lithuania treats company car purchases, including CO₂-based tax deductions, VAT recovery, running costs and private use.
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How Lithuania taxes employee bonuses, gifts, health insurance and private use of company cars in 2026, with a clear example and payroll tips.
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Selling online from Lithuania? Learn when OSS or IOSS applies, how the €10,000 and €150 rules work, and what to report to VMI.
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First hire in Lithuania? Learn the 1-SD deadline, 2026 salary taxes, employer contributions, and monthly Sodra and VMI reports.
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Learn when Lithuanian companies should apply reverse charge to EU business invoices, what details to include and which VAT registration rules apply.
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Buying Google Ads, Meta Ads or foreign software? Learn when Lithuanian companies must register for VAT, how SVS works and when reverse-charge VAT applies.
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