General Accounting Services - AM Law Firm

General Accounting Services

General Accounting Services

General Accounting Services in Lithuania – Professional, Precise, and Personalized by AM Law

Whether you’re launching a startup, expanding a global brand, or managing a growing company in Lithuania, professional accounting services are the backbone of your business’s success. At UAB “AM Law”, we offer comprehensive general accounting services in Lithuania—tailored to your company’s structure, growth stage, and sector.

Our team of qualified accountants, tax experts, and legal consultants work hand in hand to provide clear financial reporting, legal tax compliance, and stress-free accounting solutions, so you can focus on scaling your business with confidence.

Why General Accounting Services Are Essential for Business Success

Accounting is more than just crunching numbers. It’s about understanding your business, optimizing your operations, and making strategic decisions based on financial clarity.

With our general accounting services, you get:

  • Accurate financial reporting and bookkeeping
  • Full compliance with Lithuanian and EU tax laws
  • Peace of mind during audits and inspections
  • Confidence to make data-driven business decisions
  • Time and resource savings through professional support

Whether you’re a solo entrepreneur or a multinational enterprise, outsourcing your accounting tasks to experts like AM Law ensures long-term stability and growth.

Who Needs Professional Accounting Services in Lithuania?

Our services are ideal for:

  • Lithuanian-based SMEs and startups
  • Foreign companies operating in Lithuania
  • Freelancers and digital entrepreneurs
  • Holding companies and subsidiaries
  • E-commerce sellers selling across the EU
  • Investors and real estate developers

We handle the complexities of Lithuanian accounting rules and tax codes, so you don’t have to navigate them alone.

What’s Included in Our General Accounting Services?

Our services go far beyond basic bookkeeping. At AM Law, we offer end-to-end accounting solutions, all under one roof.

✅ Monthly & Quarterly Bookkeeping

We record all transactions, classify accounts properly, and maintain organized digital records that are always audit-ready.

✅ Financial Statement Preparation

Our accountants prepare balance sheets, income statements, cash flow reports, and more—accurate, clear, and on time.

✅ Payroll Accounting

We calculate employee salaries, file payroll taxes, and generate pay slips while ensuring compliance with Lithuanian Labor Code requirements.

✅ VAT Calculation & Reporting

We handle VAT calculations, filings, and reporting to the State Tax Inspectorate (VMI), whether monthly, quarterly, or annually.

✅ Corporate Tax Return Filing

We prepare and submit your annual corporate income tax declarations and advise on deductions, depreciation, and exemptions.

✅ Expense & Invoice Management

Track income and expenses, generate client invoices, and monitor overdue payments with structured systems.

✅ Audit Preparation & Representation

If your company is subject to inspection or audit, we prepare documentation and represent your interests before tax authorities.

✅ Financial Advisory & Reporting

We provide ongoing advisory services on tax planning, budgeting, investments, and more—helping you improve profitability.

Technology Meets Expertise – Our Accounting Tools

We integrate industry-leading accounting software to streamline data entry, automate tax reports, and ensure real-time insights.

Our tools include:

  • Online dashboards for easy access to reports
  • Secure cloud-based platforms for remote collaboration
  • E-invoice integration in compliance with Lithuanian regulations
  • Custom templates and automation to save time

Already using a specific platform? We’ll integrate seamlessly or recommend the best system for your needs.

Legal and Tax Compliance – Guaranteed

Lithuania’s tax laws are governed by the Law on Corporate Income Tax, VAT regulations, and multiple EU directives. With AM Law, your accounting is always compliant with:

  • The State Tax Inspectorate (VMI)
  • Social Insurance Fund Board (Sodra)
  • Statistics Lithuania (Lietuvos statistika)
  • European VAT and tax codes

We monitor regulatory changes continuously to ensure that your business avoids fines, errors, or missed deadlines.

Customized Solutions for Every Business Size

At AM Law, we believe that accounting services shouldn’t be one-size-fits-all. That’s why we offer custom packages based on your company’s size and activity.

For Startups & Small Businesses

Perfect for entrepreneurs needing affordable and flexible accounting support. We handle everything from VAT to payroll while you focus on growth.

For Medium to Large Enterprises

We offer dedicated account managers, deep financial reporting, and complex tax advisory for companies with higher transaction volumes and international operations.

For Foreign-Owned Companies

We assist non-resident businesses in complying with Lithuanian rules and help with tax optimization, EU reporting, and multilingual communication.

How Our Process Works – Simple, Transparent, and Efficient

Step 1: Free Consultation

We learn about your company structure, goals, and accounting needs.

Step 2: Custom Service Proposal

You receive a tailored service package with transparent pricing—no hidden fees.

Step 3: Document Collection & Onboarding

We collect required documents, set up accounting software, and designate your dedicated accountant.

Step 4: Ongoing Support & Monthly Reporting

We manage day-to-day accounting, generate monthly reports, and provide advisory support throughout the year.

Step 5: Year-End Closure

We handle tax returns, financial statements, and audit preparation to close your fiscal year with confidence.

Common Challenges We Help Solve

Accounting can be overwhelming—especially if you’re new to Lithuania. We regularly help clients overcome:

  • Inconsistent or missing financial records
  • Incorrect VAT reporting or tax penalties
  • Misclassified employee expenses
  • Late tax return submissions
  • Unclear reporting during mergers or restructuring

Our proactive approach helps you avoid risks and run a smooth, profitable operation.

Why Choose AM Law for General Accounting Services in Lithuania?

✔ Qualified Accountants & Tax Experts

Our team includes certified accountants and lawyers familiar with Lithuanian and EU accounting standards.

✔ Multilingual Support

We provide services in English, Lithuanian, and Russian, making it easy for foreign clients to communicate and understand reports.

✔ Legal and Accounting Under One Roof

Need help with contracts, tax law, or company formation? You’ll get comprehensive legal and financial services from one trusted firm.

✔ Transparent Pricing

No surprises. Our service plans are clearly outlined, and we tailor them to your budget and requirements.

✔ Client-Centered Service

We prioritize long-term relationships and personal attention to every client. You’re never just a number.

Ready to Get Professional Accounting Support?

Managing finances on your own can lead to errors, delays, and missed opportunities. Let UAB “AM Law” take over your accounting—so you can grow your business with peace of mind.

Citizenship of Lithuania

Citizenship

  • Acquisition of citizenship of the Republic of Lithuania by virtue of birth.
  • Restoration of citizenship of the Republic of Lithuania.
  • Oath of Allegiance to the Republic of Lithuania.
  • Naturalisation.
  • By way of exception.
  • Simplified procedure.

Right to reinstate citizenship of the Republic of Lithuania to persons who had citizenship of the Republic of Lithuania and until 15 June 1940 and their descendants who have not acquired citizenship of the Republic of Lithuania before 2011-04-01.

We could help you to get citizenship in Lithaunia.

For jobseekers:

We are searching employees from Europe who would want to work in Lithaunian companies.

For employers:

We are dealing with recruitment companies all over the world and can suggest a variety of employees.