Bonuses, Benefits and Company Cars: How Employee Benefits Are Taxed in Lithuania
How Lithuania taxes employee bonuses, gifts, health insurance and private use of company cars in 2026, with a clear example and payroll tips.
Read MoreMB “Start Business LT” (“we”, “us”, “our”) respects your privacy and is committed to protecting your personal data.
This Privacy Policy explains how we collect, use, and protect your personal information when you use our website www.balticincorp.com (“Website”) or contact our services.
By using our Site or services, you confirm that you have read and accepted this Privacy Policy. If you do not agree, please do not use our Website.
• “Personal Data” means any information that can identify you directly or indirectly.
• “Processing” means any operation performed on personal data, including collection, storage, use, and deletion.
• “Website” means www.balticincorp.com.
• “GDPR” means General Data Protection Regulation 2016/679.
MB “Start Business LT”
Company Code: 306061835
Address: Senojo turgaus g. 13, Palanga, LT-00132, Lithuania
Website: www.balticincorp.com
Email: Domantas@balticincorp.com
This Policy applies to:
• Visitors of our website
• Clients using our services
• Representatives of companies we work with
Our Site may contain links to third-party websites. We are not responsible for their privacy practices.
You have the following rights:
• Right to be informed
• Right to access your data
• Right to correct inaccurate data
• Right to erase your data (“right to be forgotten”)
• Right to restrict processing
• Right to data portability
• Right to object to processing
• Right to withdraw consent at any time
If you believe your rights are violated, you may complain to the Lithuanian Data Protection Authority (VDAI).
Depending on your interaction with us, we may collect:
Personal Information
• Full name
• Address
• Nationality
• Date of birth
• Passport or ID details
• Email address
• Phone number
Technical Data
• IP address
• Device type
• Browser type
• Interaction data
Business Information
• Company details
• Shareholder / director information
• Business activity information
We process your data based on:
• Contract performance (providing services)
• Legal obligations (tax, KYC, compliance)
• Legitimate interests (business operations)
• Consent (marketing, where applicable)
We use your data to:
• Provide company setup or VAT services
• Verify identities
• Communicate with you
• Perform identity verification (KYC)
• Comply with legal requirements
• Improve our Website and services
We do not sell your data or use automated profiling.
We retain your data:
• Only as long as needed for the purpose collected
• For up to 7 years where required by law (e.g. tax, accounting)
We do not keep data longer than necessary.
We may share your data with:
• Government authorities (e.g. tax authorities, VMI)
• Banks and licensed institutions if required
• Accountants and legal providers
• Identity verification providers if KYC is required
• IT and hosting providers
We only share data when necessary and under proper safeguards.
Your data may be transferred outside the EU/EEA.
In such cases, we ensure protection through:
• Standard contractual clauses (SCCs)
• Trusted service providers
• Secure systems
We use appropriate measures to protect your data:
• Restricted access to sensitive data
• Secure systems and storage
• Confidentiality obligations
• Protection against unauthorized access
Our website uses cookies to:
• Improve user experience
• Analyze website traffic
• Provide relevant services
Types of cookies:
• Necessary cookies — required for functionality
• Analytical cookies — such as Google Analytics
• Marketing cookies — where tracking tools are activated
You can manage cookies in your browser settings.
We may use third-party services for:
• Payment processing
• Identity verification
• Analytics and advertising
These providers have their own privacy policies.
You can:
• Request access to your data
• Request deletion or correction
• Object to processing
• Withdraw consent
To do so, contact us at Domantas@balticincorp.com.
MB “Start Business LT”
Senojo turgaus g. 13, Palanga, Lithuania
Email: Domantas@balticincorp.com
We may update this Privacy Policy from time to time.
The latest version will always be available on our Website.
Help & Advice Centre
How Lithuania taxes employee bonuses, gifts, health insurance and private use of company cars in 2026, with a clear example and payroll tips.
Read More
Selling online from Lithuania? Learn when OSS or IOSS applies, how the €10,000 and €150 rules work, and what to report to VMI.
Read More
First hire in Lithuania? Learn the 1-SD deadline, 2026 salary taxes, employer contributions, and monthly Sodra and VMI reports.
Read More
Learn when Lithuanian companies should apply reverse charge to EU business invoices, what details to include and which VAT registration rules apply.
Read More
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.
Read More
Should your Lithuanian company register for VAT voluntarily? Compare VAT recovery, pricing, accounting costs and the SVS scheme before deciding.
Read More