Government Report Submission Lithuania
Government Report Submission in Lithuania – Ensure Compliance with Confidence
In Lithuania, regular reporting to government institutions is a legal obligation for all business entities. These reports are essential for ensuring transparency, fiscal accountability, and regulatory compliance. However, the rules and procedures governing government report submissions in Lithuania can be complex—especially for foreign companies or newly established businesses.
At UAB “AM Law”, we provide complete assistance with preparing and submitting all mandatory reports to Lithuanian state authorities. Our legal and accounting professionals ensure that your business meets every requirement, on time and in the correct format, reducing risks and allowing you to focus on core operations.
Why Government Report Submissions Matter for Your Business
Government reports are more than paperwork—they are the foundation of a compliant and legally recognized business. Submitting accurate and timely reports ensures that your company:
- Complies with Lithuanian business and tax laws
- Avoids penalties, fines, or potential deregistration
- Maintains a trustworthy public and financial reputation
- Is prepared for audits and inspections
- Qualifies for licenses, tenders, or tax benefits
- Maintains relationships with investors and financial institutions
Failing to comply with government reporting requirements can lead to legal consequences, loss of credibility, and financial setbacks.
Who Needs to Submit Reports in Lithuania?
Every registered business entity operating in Lithuania is required to submit reports to various government institutions. This includes:
- Limited liability companies (UAB)
- Public limited companies (AB)
- Individual enterprises (IĮ)
- Branches of foreign companies
- Non-governmental organizations (NGOs)
- Self-employed professionals and freelancers
Even dormant or inactive companies must submit certain mandatory declarations and confirmations annually.
Key Types of Government Reports in Lithuania
We support the submission of all major statutory reports and declarations required by Lithuanian authorities. Below are the most commonly submitted government reports:
1. Annual Financial Statements to the Centre of Registers
- Submission of balance sheets, profit and loss statements, and cash flow reports
- Preparation of Management Reports (if required by company size/type)
- Filing via the JAR (Legal Entity Register) portal
- Submission deadline: within 6 months after the end of the financial year
This report ensures your company’s financial transparency and is required even if no activity took place.
2. Tax Declarations to the State Tax Inspectorate (VMI)
- Corporate Income Tax Return (GPM312) – due by June 15 of the following year
- Value-Added Tax (VAT) Declarations – monthly or quarterly, depending on turnover
- Payroll and Withholding Tax Reports – monthly GPM and Sodra submissions
- i.SAF and i.VAZ Reports – electronic invoice and transport logs for VAT payers
Proper coordination with your tax accountant and submission through the VMI system is crucial for compliance.
3. Reports to Sodra (State Social Insurance Fund Board)
- Monthly submission of employee-related data
- Calculation and declaration of social security contributions
- Timely registration and de-registration of employees
- Annual summaries of salaries and contributions
Employers are responsible for filing precise wage data each month and updating any employment changes.
4. Employment and Labor Authority Reports
- Work contracts registration via the Social Insurance system
- Notification of foreign employee assignments
- Submission of collective labor agreements (if applicable)
We help clients comply with Lithuania’s strict labor reporting rules, especially in cases of international employment.
5. Statistical Reports to the Lithuanian Department of Statistics
- Periodic economic activity surveys
- Quarterly turnover, employee, and wage data reports
- Ad hoc surveys based on industry or government policy needs
Statistical reports help the government monitor and forecast economic trends—and are mandatory for selected companies.
6. Reports to the Bank of Lithuania
- Required for companies providing financial or payment services
- Filing of reports related to licenses, capital reserves, and risk assessments
- AML (Anti-Money Laundering) compliance reports for licensed entities
We offer specialist support for companies under financial sector regulation.
Penalties for Late or Incorrect Report Submission
Non-compliance with Lithuania’s government reporting obligations can lead to:
- Fines ranging from €30 to several thousand euros
- Suspension of company activities
- Increased tax inspections and audits
- Reputational damage and investor loss of confidence
- Administrative sanctions or deregistration from the business registry
Partnering with a professional legal-accounting firm like AM Law helps mitigate these risks entirely.
Why Choose AM Law for Government Report Submissions?
Multidisciplinary Team
Our professionals include accountants, legal advisors, and tax consultants who understand the regulations, deadlines, and formatting requirements of all government reports in Lithuania.
Full Compliance Guarantee
We ensure each submission complies with the applicable laws, standards (Lithuanian BAS or IFRS), and technical specifications required by authorities.
Ongoing Monitoring of Deadlines
We track your reporting calendar year-round and notify you in advance to prevent missed deadlines or incomplete filings.
Customized Reporting Solutions
Whether you need help once a year or on a monthly basis, our solutions are designed to match your company’s size, activity, and structure.
Bilingual Support for Foreign Companies
We work in English, Lithuanian, and Russian, ensuring foreign business owners fully understand what is being submitted and why.
Our Process – From Data to Submission
Step 1: Document Collection
We gather your company’s financial records, payroll data, and any other necessary documents for the relevant report.
Step 2: Report Preparation
Our experts prepare the required forms, declarations, or digital files in the correct format and language.
Step 3: Review and Approval
You review the reports. We offer clear explanations and flag any risks or inconsistencies.
Step 4: Electronic Submission
We submit reports through the appropriate platforms: JAR, VMI, Sodra, Statistics, or the Bank of Lithuania.
Step 5: Confirmation and Archiving
We provide you with submission confirmations and archive all filings for future audits or reviews.
Who We Work With
We support companies across multiple industries, including:
- Information Technology and SaaS
- Retail, Wholesale, and E-Commerce
- Manufacturing and Engineering
- Construction and Real Estate
- Financial Services and FinTech
- Logistics and Transportation
- Hospitality and Tourism
- Professional Services and Consulting
We also assist newly incorporated companies that require guidance for their first-year filings.
Stay Compliant with Confidence – Partner with AM Law
Government report submissions are essential, but they don’t have to be overwhelming. With AM Law by your side, you can submit every report correctly, confidently, and on time—every time.
Citizenship of Lithuania
Citizenship
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- Naturalisation.
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- 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.
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