# Lithuania Tax Overview

## Lithuanian tax system at a glance

Lithuania is a euro-area EU member state. Taxes are administered by the State Tax Inspectorate (VMI) and the State Social Insurance Fund Board (Sodra). The figures below are for the 2025 tax year; note that a 2026 reform raises several rates.

- **Tax year** — Calendar year (1 January - 31 December)  _(Law on Corporate Income Tax (Pelno mokescio istatymas), https://taxsummaries.pwc.com/lithuania/corporate/tax-administration)_
- **Currency** — Euro (EUR)  _(Law on the Euro Adoption in the Republic of Lithuania)_
- **Tax authority** — State Tax Inspectorate (Valstybine mokesciu inspekcija, VMI); social insurance by Sodra  _(Law on Tax Administration (Mokesciu administravimo istatymas), https://www.vmi.lt/)_
- **Residence / taxation basis** — Residents taxed on worldwide income; non-residents taxed on Lithuanian-source income  _(Law on Personal Income Tax (Gyventoju pajamu mokescio istatymas), https://taxsummaries.pwc.com/lithuania/individual/taxes-on-personal-income)_
- **Headline personal income tax rate** — 20% up to EUR 101,094 of annual income; 32% above (2025) percent  _(Law on Personal Income Tax, https://taxsummaries.pwc.com/lithuania/individual/taxes-on-personal-income)_
- **Standard corporate income tax rate** — 16% (2025); rises to 17% from 1 January 2026 percent  _(Law on Corporate Income Tax, https://taxsummaries.pwc.com/lithuania/corporate/taxes-on-corporate-income)_
- **Does VAT exist?** — Yes - standard VAT rate is 21%  _(Law on Value Added Tax (Pridetines vertes mokescio istatymas), https://www.vatcalc.com/lithuania/lithuania-vat-guide/)_
- **Annual personal income tax return deadline** — 1 May of the following year  _(Law on Personal Income Tax, https://taxsummaries.pwc.com/lithuania/individual/tax-administration)_
- **Annual corporate income tax return deadline** — 15th day of the 6th month after year-end (15 June for calendar-year companies)  _(Law on Corporate Income Tax, https://taxsummaries.pwc.com/lithuania/corporate/tax-administration)_
- **VAT return deadline** — By the 25th of the month following the period (monthly default)  _(Law on Value Added Tax, https://www.vatcalc.com/lithuania/lithuania-vat-guide/)_