Insights of experts

We would like to inform that the 16th of October 2025 Government of the Republic of Lithuania ruling No. 709 "Regarding the Minimum Wage Applicable in 2026” will come into force as of 1st of January 2026 where minimum monthly salary is raised by 115 EUR – from 1 038 EUR to 1 153 EUR and the hourly wage – from 6,35 EUR to 7,05 EUR.

We’re excited to introduce Grant Thornton’s new series on trending international insights, with a look at how disruption can drive growth and set mid-market firms apart. Instability has come to define the global business landscape. Today, business leaders face an unprecedented array of both routine operational challenges and unpredictable global or regional shocks – challenging their ability to function and grow. From infrastructure breakdowns and cyberattacks to climate disasters and volatile shifts in global trade, disruption has become a daily reality.

On 26 February 2025, the European Commission released the Omnibus package to amend key pillars of the European Green Deal, including the CSRD, CSDDD, and Taxonomy Regulations. The goal is to reduce reporting burdens and increase efficiency in sustainability reporting. The European Parliament adopted the 'stop-the-clock' directive on 3 April 2025, postponing CSRD and CSDDD requirements to give entities more time to prepare. The main substantive change is the increase in reporting thresholds. Businesses in Estonia, Latvia, and Lithuania view these changes positively, as they provide more time for preparation and potential cost savings. The Commission has also notified EFRAG to revise the ESRS reporting standard by October 31, 2025.

The newest partner at Grant Thornton Baltic (GTB), Inesa Greičė, is not only a competent and technologically advanced specialist but also a true source of inspiration for the entire Grant Thornton Baltic Lithuania team, proving that success in one's professional path doesn't have to be waited for but can be created actively.

The latest Grant Thornton International Women in Business report explores how gender balanced teams can bring better business performance and provides recommendations to accelerate action in this area.

With the deadline for filing annual income tax returns approaching, GTB experts remind of the applicable social security contributions and PIT after reaching the income threshold of 60 national monthly average salaries

28th of August 2024 Government of the Republic of Lithuania ruling No. 709 "Regarding the Minimum Wage Applicable in 2025” comes into force as of 1st of January 2025 where minimal salary is raised by 114 EUR – from 924 EUR to 1038 EUR and the hourly wage – from 5,65 EUR to 6,35 EUR.

The COVID-19 pandemic has made teleworking an unavoidable necessity and a permanent part of the labor market. This has also led to a number of challenges related to the management of remote work.

Grant Thornton Baltic tax experts break down the latest updates on the main tax changes in Lithuania as of September 2024

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.