MB accounting in Lithuania: what does a small partnership file, and when?
A Lithuanian small partnership (MB) files the corporate tax return PLN204 (by 15 June), GPM312 for payments to members (by 15 February) and its annual financial statements with Registrų centras – approved within 4 months of the year end and filed within 30 days. Members pay Sodra monthly on their withdrawals; a VAT payer also files FR0600 and i.SAF.
Updated 21 October 2026 · Sources: VMI: corporate tax (PLN204), VMI: GPM312, Sodra: MB members, VMI: corporate tax from 2026, VMI: the 7 % rate, VMI: the 0 % rate
Annual filings in 2027 (for 2026)
| What | By | Note |
|---|---|---|
| GPM312 – annual payments to individuals | 15 February | Payments to MB members (B-class) and other residents made in 2026. |
| Approve annual financial statements | 30 April | Member(s) approve the FS within 4 months after the financial year end. |
| GPM311 – personal income declaration | 3 May | MB members declare B-class income from the MB for 2026 and pay GPM. |
| File financial statements with Registrų centras | 31 May | Within 30 days after approval (balance sheet, P&L, explanatory note). Late filing: €600–1,450 fine for the manager. |
| PLN204 – corporate income tax | 15 June | Annual CIT return for 2026 and payment. |
Every monthly date is in the tax calendar.
Good to know
- A late filing of the financial statements can cost the manager a €600–1,450 fine (ANK 223 str. 2 d.).
- Dates falling on a weekend or holiday move to the next working day.
- This is an estimate, not tax advice.
Rūta keeps an MB’s books in English
PLN204, GPM312, the annual statements and member decisions – from your bank statement.
FAQ
What is the MB corporate tax rate in 2026?
The standard rate is 17 %; 7 % with income up to €300,000; a newly registered MB that meets the conditions pays 0 % in its first two tax periods.
How does an MB member get paid?
Through a fee under a service contract (15 % income tax up to 12 VDU), dividends after corporate tax (15 %), or withdrawals for personal needs, which carry Sodra contributions.
Can I run an MB’s books in English?
Yes – Rūta works in English and prepares the Lithuanian forms VMI and Registrų centras expect.