Do you even know what DPP is? Digital Product Passports (DPP) are set to play a crucial role in the European Union’s commitment to a circular economy. The purpose of this document is to provide you with a necessary overview of the upcoming Digital Product Passport requirements set to be implemented by the European Union. Read more

As in other EU countries, Lithuania has its own rules for e-invoicing. It is managed by the Ministry of Finance and the State Tax Inspectorate.  More precisely, mandatory e-invoice obligations are introduced for B2G transactions (begun in July 2017). For other sectors, it is not mandatory, but it can be used. In 2019, Lithuania joined the PEPPOL network as a model of exchange in accordance with pr... Read more

The i.EKA project for fiscalization in Lithuania was launched last year. As a reminder, the fiscal devices have been upgraded with a new module, direct communication with tax authorities, and other features. The fiscal documents have also been defined with rules. Besides sales transactions, there are other transactions, such as returns, voids introduced for different situations, on-going errors, e... Read more

The latest updates for VAT rates have been introduced in Lithuania. Let's find out what has been changed'? More precisely, the Lithuanian State Tax Inspectorate announced an expiration date of 9% VAT for catering services and takeaway food. In 2024, a 21% rate will apply to food and services. Importantly, cash registers of establishments selling alcoholic beverages must print daily sales informa... Read more

In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more

The reduced VAT rates that have been introduced in previous years have also been updated. Because of the inflation, pandemic, and other crises, the reduction has been introduced, but for certain sectors, the reduction is being corrected. So, let's unveil the newest updates! In Lithuania, the reduced VAT rate of 9% for catering services and takeaway food provided by restaurants, cafeterias, and si... Read more

The procedure for VAT refunds for foreign customers has been established in all EU countries. During the years, the established rules have been changed and upgraded. That happened also in Lithuania. More precisely, in accordance with the council directives of the European Union, which establish only the electronic method of submitting requests for refund of value-added tax changes, the rules intro... Read more

In accordance with the current version of the VAT Act in Lithuania, we can say that the VAT rate for catering services is 9%. Importantly, this was introduced as a benefit for catering services. But importantly, the VAT rate for catering services and takeaway food provided by restaurants, cafes, and similar catering establishments, with the exception of alcoholic beverages and services or parts of... Read more

The European Commission's ambitious plan to modernize and digitalize the EU's value-added tax (VAT) system has been postponed by two years and possibly more after facing resistance from some member states and businesses. The VAT in the Digital Age (ViDA) initiative, which was proposed in December 2022, aimed to introduce a series of measures to reduce VAT fraud, simplify VAT compliance, and promo... Read more

As previously stated, new fiscalization changes were implemented in Lithuania a few months ago. The deadlines and main rules have been known for quite some time, and a taxpayer has already started with the newly upgraded devices that fulfill the new requirements. As a reminder, from November 1, the obligation to submit receipt data to the Intelligent Electronic Cash Register subsystem known as i.E... Read more

One of the main requirements in relation to cash registers and fiscalization in Lithuania is that each cash register must be registered with a VMI indicating the address of its installation, the address of the business entity's headquarters, or the address of a branch or other unit registered in the Register of Taxpayers. Below, you'll discover more details. The address of the installation of th... Read more

The purpose of this document is to explain the fiscalization and defiscalization of fiscal devices in Lithuania. This process can also be named the activation or deactivation of fiscal devices, in accordance with the legislation. Read more

Are you familiar with the requirements that apply to the storage of EJ cash registers with a secure module? Newly upgraded devices are present more and more in the Lithuanian market. As a reminder, they have new modules and features, established communication with the State Tax Inspectorate, etc. Here's a closer examination of the specifics... Regarding electronic journals, or electronic cash r... Read more

This document represents an introduction to the types of e-invoicing models in European countries as well as the key conclusions made during this research. Read more

To be able to operate in Lithuania in terms of VAT, certain requirements must be met. More precisely, VAT registration in Lithuania is required. It is mandatory for companies to apply for VAT registration with the Lithuanian authorities before starting their activities. It is, of course, required to contact the Lithuanian tax authorities to start the registration procedure. What else? Also, cert... Read more

New models of cash registers have been introduced in Lithuania, and by the day, more and more of them have been placed on the market. If we look into new regulations, we can define cash registers with a secure module as cash registers that meet the requirements of the Description of Technical Requirements for Cash Registers, and one of the mandatory functional components is a security module. Ex... Read more