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

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