A Lithuanian UAB or AB must submit its approved annual financial statements and other required accompanying documents to the Centre of Registers within 30 days of approval. For financial years ending on or after 1 July 2026, the ordinary general meeting must take place within five months of year-end; the previous four-month approval deadline applies to earlier financial years. Other legal forms follow their applicable statutory rules. The annual report should be prepared in Lithuanian in the official currency of Lithuania (euro).
A UAB or AB must prepare and submit annual financial statements even if it had no activity during the financial year. Reporting obligations for other legal forms depend on the applicable legislation and, where relevant, their constitutional documents.
All accounting must be completed before the annual report begins.
The required reporting documents depend on the company’s size category and applicable reporting framework. A full financial statement set includes a balance sheet, profit and loss statement, cash flow statement, statement of changes in equity and explanatory notes. Eligible micro and small companies may use the statutory simplified formats and exemptions. A management report is required where applicable.
Balance sheet
Profit statement
Cash flow statement – generally required for medium-sized and large companies; not mandatory for eligible micro and small companies applying the statutory exemptions
Statement of changes in equity – generally required for medium-sized and large companies; not mandatory for eligible micro and small companies applying the statutory exemptions
Management report – required where applicable; eligible micro and small companies may omit it if the statutory conditions and alternative disclosure requirements are met
Annual financial statements are submitted to the Centre of Registers. Tax declarations are submitted separately to VMI. Depending on the company’s circumstances, relevant forms may include PLN204 for annual corporate income tax, FR0430 for advance corporate income tax, FR0438 for controlled and controlling entities and persons, and GPM312 for annual payments to individuals and related income tax. These forms are not universally required from every company.
Declaration on Controlled and Controlling Persons:
FR0438 is a tax report on controlled and controlling entities and persons, submitted where the statutory reporting conditions are met. It is not the beneficial ownership declaration. Beneficial ownership information for Lithuanian legal entities is submitted separately to the Centre of Registers through JANGIS. This declaration is an essential tool in ensuring transparency and preventing illicit financial activities.
Income Declaration of Residents GPM 312:
GPM312 is an annual declaration submitted by persons required to report payments made to individuals and the related income tax. It is generally due by 15 February of the following year. It is not an individual resident’s annual income tax return; residents generally use GPM311 where an annual personal declaration is required.
Income Tax Declaration:
A Lithuanian UAB or AB generally reports its annual corporate income tax using PLN204. For a calendar-year tax period, the declaration and any outstanding tax are generally due by 15 June of the following year. Self-employed individuals report under the applicable personal income tax rules and do not use the company’s PLN204 declaration for their individual activity. Proper documentation and accurate reporting are essential to ensure compliance with Lithuanian tax laws.
Advance Income Tax Declaration:
Advance corporate income tax is declared using FR0430 where required and paid quarterly. For calendar-year taxpayers, payment deadlines are generally 15 March, 15 June, 15 September and 15 December. FR0430 filing deadlines depend on the calculation method: generally 15 March and 15 September under the historical-results method, or 15 March under the estimated current-year method. Statutory exemptions may apply. This declaration ensures that businesses make regular tax payments throughout the year, helping to manage their tax liabilities and avoid any significant financial burdens at the end of the fiscal year. It is crucial for businesses to accurately project their expected income to avoid under or overpayment of taxes. In summary, submitting financial reports and declarations to the VMI is not only a legal obligation but also a vital step in ensuring transparency and compliance with Lithuania’s tax regulations. Failure to meet these obligations can result in penalties and legal consequences, making it imperative for businesses to stay up to date with their financial reporting requirements. Our service is here to assist you in fulfilling these obligations efficiently and accurately.
Our service provides a comprehensive solution for the submission of financial reports, which includes the accurate and timely submission of all these critical tax declarations to the VMI. Our services provide a full and reliable solution to ensure that you meet these obligations efficiently and accurately, allowing you to focus
on your core business activities.
Service
Price
Preparation of the annual report with no activities
Company in Lithuania UAB collaborates with a network of trusted partners across legal, financial, accounting, and business consulting sectors. Our strategic partnerships enable us to provide clients with end-to-end solutions for company registration, tax advisory, banking setup, and beyond — all under one roof, right here in Lithuania.
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Company in Lithuania UAB has been recognised as one of Lithuania’s most trusted business services firms. Based on the independent economic data of 2025, we have been awarded the Strongest in Lithuania designation for four consecutive years — a testament to our financial stability, professional credibility, and the trust that our clients place in us.
We contribute to a transparent, well-functioning business environment in the Lithuanian Republic — and we bring that same standard of integrity to every client engagement.
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