• Skip to content
  • Skip to navigation
  • lietuvių
  • Insights
  • Meet our people
  • Career
  • Our offices
  • Seminars and trainings
  • Contact us
  • English
  • lietuvių
Global site
  • Global site
  • Africa
  • Americas
  • Asia Pacific
  • Europe
  • Middle East
    Services
    • Payroll Accounting
    • Doing business in Lithuania
    Audit and assurance
    We will deliver the highest quality audits, combining passionate people with leading technology to build trust in society.
    See Overview
    • Audit methodology
      At Grant Thornton, we use a single audit methodology across our global network. This means that our clients gain the same proven, high-quality approach wherever they are.
    Related insights:
    Navigating the changes to IFRS
    Grant Thornton International news Navigating the changes to IFRS
    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.
    1 min read | 08 Feb 2023
    Accounting & Outsourcing
    At Grant Thornton, outsourcing represents more than €224 million of our business. Whatever the size of your organisation or wherever you are in the world, we...
    See Overview
    • Financial statements and consolidated financial statements
      Preparation of monthly, quarterly or annual report and consolidated report on the basis of information presented by the client.
    • Financial Accounting
      Effective bookkeeping and financial accounting are essential to the success of forward-thinking organisations. To get the optimum benefit from this part of your business, you'll need an experienced team behind you.
    • Tax compliance
      Tax is likely to have an impact on almost every business decision you make. Whatever your business’s specific needs, we respond quickly and devise solutions tailored to you. We perform VAT, income tax, social tax and other tax accounting as well as present tax declarations to the tax authorities.
    • Chief financial officer service
      Chief Financial Officer services include the periodic reporting, information systems standardization, internal document management and information flow optimization, budget preparation, cost accounting, cash flow and working capital management, financial analysis, investment return evaluation for managers.
    Related insights:
    With the deadline for filing annual income tax returns approaching – a reminder of applicable social security contributions and PIT after reaching the income threshold of 60 national monthly average salaries
    60 NMA salaries: Tax Updates With the deadline for filing annual income tax returns approaching – a reminder of applicable social security contributions and PIT after reaching the income threshold of 60 national monthly average salaries
    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
    Inesa Greičė
    Inesa Greičė
    | 4 min read | 06 Feb 2025
    Payroll Accounting
    Leave all the payroll accounting related tasks and issues for us. We manage your payrolls, taxes and offer customized payroll solutions to meet your business’s...
    See Overview
    Tax
    Ambitious organisations need to consider their tax affairs carefully to gain trust and stay ahead of their competitors. At Grant Thornton, tax is a key part of...
    See Overview
    • International taxation
      Grant Thornton operations in the Baltic States give us an access to the international expertise and allow advising the client on the minimisation of tax risks arising from conducting business in a foreign tax jurisdiction. We also consult foreign investors in finding an optimum group structure and form of enterprises in Lithuania and other Baltic States.
    • Transfer pricing
      We advise the management bodies of local and multinational groups of companies in issues concerning transfer pricing of intra-group transactions and, if necessary, in the preparation of the relevant compliance documents. We also assist in preparing transfer pricing policies in order that future transactions are priced in accordance with the local as well as international regulations.
    • VAT refunds
      We advise foreign clients in issues concerning the refund of value added tax paid in Lithuania, and Lithuanian clients – in the refund of value added tax paid in the EU member states. If necessary, we carry out these procedures on behalf of the client.
    • Profit tax, tax incentives
      Our tax advisory department consults local and international clients in both everyday and specific taxation issues related to business activities.
    • Due diligence
      Making the right investment decision can have a significant impact on shareholder value. To make an informed investment decision and create the best value from the transaction you will need the following an understanding of the target business identification and understanding of key business drivers an understanding of all the relevant issues clear analysis, conclusions and recommendations.
    • Assistance and representation during tax investigations, inspections, disputes
      We provide services for registration in the Register of Taxpayers and the Register of VAT Payers. We represent clients' interests in tax disputes at the State Tax Inspectorate, Tax Disputes Commission, courts and other institutions.
    Related insights:
    Lithuania 2026 tax reform. Overview of initial drafts.
    Lithuania 2026 tax reform Lithuania 2026 tax reform. Overview of initial drafts.
    Grant Thornton Baltic experts overview of the initial drafts of the Lithuania 2026 tax reform. Read more.
    Vykintas Valiulis
    Vykintas Valiulis
    | 5 min read | 04 May 2025
    Legal advisory
    Our legal advisory department consults local and international clients in the fields of civil and commercial law. Our primary fields of activity include...
    See Overview
    • Legal advisory for business start
      We assist to quickly establish a company, branch or permanent establishment in Lithuania, open a bank account, VAT registration and obtain all necessary licenses for activity.
    • Legal advisory for business development
      Our team has gained the greatest experience in advising international companies on the management of groups of companies. We advise and implement reorganizations or liquidations. Together with a team of tax and financial advisors, we perform a comprehensive due diligence (tax, legal & financial).
    • Labor law for CEOs and employees
      We provide modern labor law solutions for the CEO, C-level managers and employees, which are tailored specifically to your business industry. We will take care of well-judged employment contracts and benefits package, protection of confidential information and non-compete agreements, handling of employee data or stock option rules, posting of employees, employment of EU and third-country nationals, organization of telework.
    • Fintech
      With extensive experience in money laundering prevention and compliance and a strong team of financial experts, we advise clients on financial services, electronic money, licensing of payment institutions, capital formation, listing of mutual lending platform operators and other operational issues.
    • Migration and relocation
      We assist you, your family members and employees of the organization to obtain national and European Union (Schengen) visas, residence permits, e-resident status, provide mediation letters and ensure a smooth relocation to Lithuania.
    Business and financial advisory
    The success of the company and its organizational structure is driven by smart decisions and efficient management. The quality of the business solutions...
    See Overview
    • Due diligence
      Making the right investment decision can have a significant impact on shareholder value. To make an informed investment decision and create the best value from the transaction you will need the following an understanding of the target business identification and understanding of key business drivers an understanding of all the relevant issues clear analysis, conclusions and recommendations.
    • Fintech advisory
      The rapidly changing world and evolving technology are driving the development of new business models such as acting as a payment institution, a provider of virtual currency services and a financial institution. Grant Thornton Baltic provides support and advice to these companies.
    • Corporate finance management
      Building a successful business requires a clear vision backed by a focused strategy. To achieve this vision, businesses must negotiate an increasingly complex environment.
    • Business Valuations
      Choosing the right valuation method is the most important element in the process of estimating the fair value of a business as it must be adequate in terms of the purpose and object of the valuation. Grant Thornton uses only proven and generally accepted methods from among the wide range of income, asset and market approaches. Having conducted a preliminary analysis of the object and purpose of the valuation, we identify the method that will be the most appropriate considering the situation and characteristics of a given enterprise and the business sector in which it operates. Prior to commencing valuation, we also identify the documents necessary in the process.
    • Mergers and acquisitions
      We provide advice to clients in all material aspects of the process of conducting transactions: finding a candidate for buyer, purchase or merger, initial analysis and valuation, negotiations, due diligence, structuring transaction price, preparing legal documentation and formal closing of the transaction. We also provide consultation for management buyouts.
    • Protection of Interests of Bondholders'
      Grant Thornton provides bondholders' advocacy and protection services. We have resources, knowledge and the latest technology. Defending the interests of bondholders · Representing the interests of bondholders
    • External Financial Management Services
      Providing an external financial management services makes it possible to manage a company’s finance on a day-to-day basis by a competent economist, without the need of offering full-time employment. By cooperating with experts on managing big-budget projects, we provide our clients with excellent support in comprehensive management of company’s finance.
    • Training
      Financial Management Training and Seminars. Our experts have significant regional competence and close co-operation with our global colleagues. They happily share their expertise with our clients.
    Related insights:
    Business blood flow and health: orderly finances
    Article Business blood flow and health: orderly finances
    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.
    6 min read | 15 Jun 2023
    Internal audit
    We bring change in business management by focusing on compliance, risk and control, thereby accelerating your company's success.
    See Overview
    • Internal Audit Services for Financial Sector Companies Licensed in Lithuania
      Internal audit services adapted to Lithuanian financial sector companies ensure compliance with regulatory acts, risk management and operational excellence.
    • Internal Audit Services for EU/Foreign Aid Projects
      Internal audit for EU/foreign aid fund projects helps to ensure compliance of activities and related costs with requirements.
    • Internal Audit for the Companies Certified by ISO
      Internal auditing ensures ISO standard compliance, evaluates management system effectiveness, and gathers objective evidence of performance.
    Doing business in Lithuania
    Are you Starting a Business in Lithuania? Our team provides all business services for a company set up. Company registration · Accounting and bookkeeping...
    See Overview
    • English
    • lietuvių
    1. Home
    2. Site map
    article banner

    Site map

    • Insights
      • Mandatory UBO registration in Lithuania
      • 8 tax approaches for global tech employees
      • Tax uncertainty in intercompany financing transactions
      • Brochure: Tax Changes in the Baltics 2022
      • Tax 2022
      • Information report
      • Whistleblowing and reporting misconduct
      • Key changes in tax legislation in the Baltics in 2021
      • Whats up with WhatsApp?
      • Let’s open the cookies(jar)
      • Transmission of personal data to the US – mission impossible?
      • Information security audit helps a company save money
      • Minimum monthly salary (MMA) rises to 642 EUR
      • In response to the COVID-19 crisis: advisory services
      • Business Advice During COVID-19 Situation
      • Grant Thornton Baltic will work remotely until 2020 05 31
      • Key changes in tax legislation in the Baltics in 2020
      • Temporary “Tax Amnesty” until 1 July 2019
      • COVID-19
      • Business and finances
      • Legal advisory
      • Tax
      • Insights search
      • Thriving in 2019’s global economy
      • Key changes in tax legislation in the Baltics in 2019
      • Tax Reform in 2019
      • Social contribution changes
      • Regarding daily allowance and other business travel expense compensation” changes from the 1st of July, 2018
      • As of 1 January 2018, social security contributions are changing
      • Looking to the future
      • The business realities of blockchain, today
      • Exploring the fact and fiction
      • Why is blockchain technology gaining momentum?
      • The government confirmed: next year montly minimum wage will increase to 400 Eur
      • Changes in the Lithuanian legislation in 2018
      • Data protection requirements will change, no need to panic
      • New Labour Code in Lithuania
      • Future of Europe 2017
      • Business confidence grows, but threats still loom
      • Business Guide: Germany
      • Relevant Labor relation changes 2022-2023
      • Nearly three-quarters of mid-market businesses fail to act on inflation
      • Tax laws changes affecting payroll
      • Brochure: Key Tax changes in Lithuania as of 2023
      • Webinar material: Key tax changes in Baltics 2023
      • Global business optimism falls as mid-market prepares for ‘unusual’ recession
      • Navigating the changes to IFRS
      • What business challenges year 2023 might bring and how to navigate it with expertise and confidence?
      • Unlock the Potential of Your Business with Lithuania's E-Residence Program: Why Apply Now?
      • Tax Alert March 2023: Proposed tax reform key elements
      • Three threats the mid-market saw coming for 2023
      • EU halter for platforms: what new opportunities will it bring to businesses and consumers?
      • Business blood flow and health: orderly finances
      • Tax laws changes as of January 1, 2024
      • Key tax changes in Lithuania 2024
      • Key tax changes in the Baltics 2024
      • Taxes 2024: What should business expect?
      • Ensuring Effective Corporate Governance: The Importance of Board Term Compliance
      • The main tax changes in Lithuania as of September 2024
      • Teleworking - State of the Art in 15 Ländern
      • Tax laws changes affecting payroll as of January 1, 2025
      • 60 National Monthly Average Salaries
      • Women in Business 2025
      • STRENGTHENING LEADERSHIP: MEET NEWEST GRANT THORNTON BALTIC UAB PARTNER – INESA GREIČĖ
      • Will sustainability reporting be easier in the future?
      • Lithuania 2026 tax reform. Overview of initial drafts.
    • Services
      • Audit and assurance
        • Audit methodology
      • Accounting & Outsourcing
        • Financial statements and consolidated financial statements
        • Financial Accounting
        • Tax compliance
        • Chief financial officer service
      • Payroll Accounting
      • Tax
        • International taxation
        • Transfer pricing
        • VAT refunds
        • Profit tax, tax incentives
        • Due diligence
        • Assistance and representation during tax investigations, inspections, disputes
      • Legal advisory
        • Legal advisory for business start
        • Legal advisory for business development
        • Labor law for CEOs and employees
        • Fintech
        • Migration and relocation
      • Business and financial advisory
        • Due diligence
        • Fintech advisory
        • Corporate finance management
        • Business Valuations
        • Mergers and acquisitions
        • Protection of Interests of Bondholders'
        • External Financial Management Services
        • Training
      • Internal audit
        • Internal Audit Services for Financial Sector Companies Licensed in Lithuania
        • Internal Audit Services for EU/Foreign Aid Projects
        • Internal Audit for the Companies Certified by ISO
      • Doing business in Lithuania
    • Meet our people
      • Genadijus Makuševas
      • Darius Gliaubicas
      • Laime Jablonskienė
      • Arvydas Ziziliauskas
      • Milda Mikušauskienė
      • Asta Armonė
      • Indrė Petraškienė
      • Vida Grigaitienė
      • Aurelija Baratinskė
      • Alma Ziziliauskienė
      • Sergejus Abakumovas
      • Vykintas Valiulis
      • Jurgita Matulaitienė
      • Oleg Bulygin
      • Beata Jurgo
      • Vilma Gražulevičienė
      • Inesa Greičė
      • Giedrė Kuncaitė
      • Žygintas Starkus
      • Beata Monkevič
      • Milda Lapinskaitė
      • Agnė Mackonytė
      • Jorūnė Bučiūtė
      • Eglė Varnaitė
      • Ieva Čibiraitė
      • Edvinas Ilgūnas
      • Titas Meliešius
    • Career
    • Our offices
      • Vilnius office
      • Kaunas office
      • Klaipėda office
      • Riga office
      • Tallinn office
      • Tartu office
    • Seminars and trainings
      • Key Tax Changes in the Baltics 2025
      • Webinar: Key tax changes in Baltics 2024
      • Webinar: Key tax changes in Baltics 2024
      • Webinar: Transfer pricing in intra-group transactions: how to mitigate tax risks without creating bureaucracy in your company?
      • Confirmation
      • Registration
    • Contact us
      • Thank you for contacting Grant Thornton Baltic

    CONNECT CONNECT

    • Meet our people
    • Contact us
    • Grant Thornton Baltic in Latvia
    • Grant Thornton Baltic in Estonia
    • Global reach

    ABOUT ABOUT

    • About us
    • Careers
    • Press
    • Corporate social responsibility
    • Newsletter

    LEGAL LEGAL

    • Privacy
    • Disclaimer
    • Site map

    Follow usFollow us

    © 2024 Grant Thornton Baltic UAB. All rights reserved.