Guides and calculators for small partnerships (MB) and individual activity in Lithuania
All eBalansas guides and calculators: how much tax an individual activity pays, MB or individual activity, how an MB member takes profit out, every 2027 deadline and plain-English explanations of the VMI declarations. The numbers come from the same rules Rūta, the AI accountant, uses to do the books – from €9.90 a month.
Updated 21 October 2026
Calculators
- Lithuanian individual activity tax calculator 2026GPM income tax, VSD and PSD for an individual activity (IV) under the 2026 rules: actual vs 30 % presumed expenses, and what is left.
- MB or individual activity? Lithuanian tax comparison 2026The same profit through an individual activity and through an MB paying all profit to its member: taxes and what is left, 2026.
- MB member payout calculator 2026A contract fee (code 77) or dividends (code 26): the taxes and the best split under the 2026 rules.
- Accountant prices in Lithuania 2026Bookkeeping costs €50–100 a month (average €66) – compared with Rūta’s yearly plan.
Deadlines
Individual activity
- GPM311 for individual activityThe annual income declaration with the IV annex: the deadline, the figures, and when income tax and Sodra are paid.
- Income and expense journal (Excel template)The columns of the individual activity income and expense journal, the deadlines and an Excel template.
- MB or individual activity in LithuaniaIndividual activity vs small partnership compared: tax on profit, Sodra, taking money out, filings.
Small partnership (MB)
- MB accounting in Lithuania: filings and deadlinesWhat a small partnership files and when: PLN204, GPM312, annual statements, Sodra, VAT; corporate tax 0/7/17 %.
- MB annual financial statementsBalance sheet, profit and loss, explanatory note: approved within 4 months, filed with Registrų centras within 30 days.
- PLN204 for a small partnershipThe corporate tax return by 15 June: rates 0 %, 7 %, 17 %, the main fields and losses carried forward.
- GPM312: MB payments to membersGPM312 by 15 February: member payment codes 02, 26 and 77 and their income tax rates.
VAT
- VAT registration threshold in LithuaniaRegister above €45,000 of sales in the previous or current calendar year, €14,000 of EU goods, or when buying services from abroad.
- FR0608 or PVM101: services bought from abroadA non-VAT payer buying foreign services registers as an SVS VAT payer and files PVM101 by the 25th; FR0608 if they did not register.
- VAT return FR0600: the fieldsFR0600 by the 25th: fields 11, 13, 20, 23–24, 25, 29, 32, 35, 36 in plain words; amounts in whole euros.
- i.SAF: deadlines and VAT codesThe i.SAF registers by the 20th (individuals: by their VAT period) and the VAT classifier codes.
About Rūta
- Rūta, the AI accountantWhat the AI accountant does (bank, invoices, VAT threshold, EDS files, deadlines) and does not do (she never submits for you).
- Year-end close for MB and individual activityA one-off year-end close without a subscription: MB statements, PLN204, GPM312; individual activity GPM311.
- Rūta for accountants: up to 15 clientsThe accountants’ plan: up to 15 client MBs and individual activities, bank booking, EDS files and deadlines per client.
Want Rūta to do it for you?
She books your bank statement and prepares the declarations – in English.