• Does your company belong to international group of companies? Have you informed Lithuanian State Tax Inspectorate about that already?

Does your company belong to international group of companies? Have you informed Lithuanian State Tax Inspectorate about that already?

08 December 2017

Notice about parent entities registered abroad

According to order of head of Lithuanian State Tax Inspectorate (hereinafter – STI) No. VA-47 dated 31 May 2017 “On information required to fulfill international cooperation due to interchange of information about reports provided by international group of companies implementation rules confirmation” from 5th June 2017 provisions listed in paragraph 13 of these rules came into force. According to provisions in paragraph 13 in the rules “Entity which is residing in Republic of Lithuania and belongs to international group of companies but  which is not ultimate parent, intermediate parent until last day of financial year of international group of companies shall provide information to STI on ultimate parent or intermediate parent providing information on international group of companies by providing name, address and place of residence of such parent entity.”  Read more - Official text of legal act

Notice using own form shall be provided using electronic method via My STI systems in section Other notices. Provision of such information was impossible until November due to technical issues in systems however now such information can be provided without any difficulties.