For foreign founders · Taxes 2026

Taxes in Lithuania for foreigners 2026: the rates that matter

If you own a Lithuanian company, a handful of 2026 rates drive most of your tax. Here they are, confirmed against VMI, so you can plan — and get your exact numbers in writing when you need certainty.

Updated: 2026-07-11

The rates that matter in 2026

Tax2026 rate
Corporate income tax (standard)17 %
Corporate income tax (small companies)7 % — or 0 % for the first two periods
Dividend tax (GPM)15 %
Standard VAT21 %
Mandatory VAT registration threshold45 000 € / year
Personal income tax (progressive)20 % / 25 % / 32 %

New small companies pay 0 % corporate tax for their first two periods if income stays under 300 000 € and all owners are natural persons. Source: VMI.

How the company is taxed

Company profit is taxed with corporate income tax (17 % or 7 %). When you take profit out as dividends, a further 15 % GPM applies. So your total burden is the combination — profit left in the business is only taxed once, profit taken out is taxed twice.

Personal income (salary) is taxed on the progressive 20/25/32 % scale, with the higher rates only applying to income above roughly 83 000 € and 139 000 € per year.

First step — free

Get your exact 2026 numbers in writing

Book a free review, or get a written tax verdict tailored to your company — sourced from VMI.

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FAQ

17 % standard, 7 % reduced for small companies, and 0 % for the first two periods for qualifying new small companies (income under 300 000 €, natural-person owners).

Dividends are taxed at 15 % personal income tax (GPM). This is on top of the corporate income tax already paid on the profit.

When taxable turnover in Lithuania exceeds 45 000 € in the current or previous calendar year (voluntary registration is also possible).

Related: Accounting in Lithuania (EN) · Foreign-owned companies · Accounting for e-residents