Explore the latest Key Tax Changes in the Baltics for 2026 with our expertly crafted booklet, prepared by tax professionals from Lithuania, Latvia, and Estonia. Navigate the evolving tax landscape confidently.
Learn the top outsourcing risks businesses face today, including loss of control, poor transition planning, outdated technology, talent shortages, wrong provider selection, and risks linked to fourth‑party dependencies. Understand how to manage these threats to ensure successful and secure outsourcing.
Grant Thornton’s Women in Business 2026 report highlights how gender diversity in leadership supports business growth, resilience and long-term success.
Ensure effective corporate governance with adherence to board term limits. Learn why compliance is crucial for trust, accountability, and legal integrity.
Unlock key insights on 2024 tax changes! Our expert guide prepares companies for what lies ahead. Stay ahead in navigating tax adjustments for a successful financial year.
Explore the latest Key Tax Changes in the Baltics for 2024 with our expertly crafted booklet, prepared by tax professionals from Lithuania, Latvia, and Estonia. Navigate the evolving tax landscape confidently.
Uncover key tax changes in Lithuania for 2024. Our tax professionals break down the latest updates.
28th of June 2023 Government of the Republic of Lithuania ruling No. 516 "Regarding the Minimum Wage Applicable in 2024” comes into force as of 1st of January 2024 where minimal salary rises by 84 EUR – from 840 EUR to 924 EUR and the hourly wage – from 5,14 EUR to 5,65 EUR.
A great business idea, a company founded on its basis, rapid development, horizons of new markets and constantly growing profits - an idyllic picture of a successful business. Too good to be true? A successful idea and growth are truly inspiring factors, financial experts agree. However, they remind us of an important point - in the idyll of business growth, quite simple fundamentals such as financial flow management are sometimes forgotten.
The Digital Markets Act (DMA), which entered into force on May 2nd, will significantly contribute to the legal protection of Lithuanian companies that use online marketplaces, search platforms, social networks, cloud computing and online advertising services. The new rules will also improve the situation of consumers.
Three of the threats uppermost in the minds of business leaders in the mid-market were inflation, cyber attack, and economic slowdown.
On 20 of March 2023 Ministry of Finance of Lithuania revealed proposals on tax reform, to be submitted to Parliament early May, to enter into force from the year 2024 (if adopted). Below we summarize key aspects of the tax reform, relevant for the businesses.
“Lithuania's e-Residence program is a digital solution that makes it easy for non-Lithuanians to start and run a business from anywhere in the world. With an e-Residence card, you can access a variety of online services and sign legal documents electronically, which greatly simplifies the process of starting a business in Lithuania.“
This publication is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones.
World Economic Forum (WEF) recently issued the Global Risks Report 2023. It identifies several high impact / high probability risks related to economic downturn, warfare, societal polarization and digital privacy.
Many economies around the world are preparing for a rather unusual recession. One that is characterised by conditions usually associated with a boom, such as low levels of unemployment (instead of increasing levels) and central banks raising interest rates (instead of cutting them). These unusual characteristics combined with what many commentators expect to be a shallow and short recession, could mean the ‘usual’ response to a recession may not be the right course of action for businesses.
Webinar material: Key tax changes in Baltics 2023: slides and video recording
Grant Thornton Baltic tax specialists prepared an overview of the tax changes that have taken place in Lithuania from 2023
Tax laws changes affecting payroll as of January 1, 2023 in Lithuania