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Bookkeeping
Comprehensive bookkeeping for companies and individuals. We are happy to advise on the incorporation and taxation of MBs, UABs, PFIs and other companies.
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Bookkeeping
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Charity and support fund accounting
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Association accounting
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Payroll accounting
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Public institution (VšĮ) accounting
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Self-employed (IDV) / freelancer accounting
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Small partnership (MB) / Individual enterprise (IĮ) accounting
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Private limited company (UAB) Accounting in Lithuania
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Accounting in Lithuania
Professional bookkeeping in Lithuania ensures that your company’s finances are managed strictly in accordance with the country’s legislation, Business Accounting Standards (BAS) and ever-changing tax regulations. These accounting services include the systematic recording of all financial transactions, the audit of primary documents, the prompt calculation of taxes and regular reporting to controlling authorities such as the Internal Revenue Service and Sodra. By entrusting these processes to experienced professionals, your business gains legal certainty, protects itself from the risk of financial penalties or errors and is able to make strategic, data-driven decisions. Whether it’s the financial management of a small partnership (LLP) or a private limited company (LLC), knowledge of the specifics of the local market allows you to optimise your tax burden and ensure your company’s long-term stability.
Online bookkeeping
Modern online bookkeeping is an innovative, flexible and extremely convenient solution for modern businesses seeking to manage their financial flows remotely from anywhere in the world. Remote online accounting services eliminate the need for physical office visits, as all purchase and sales documents, invoices and bank statements are securely transmitted and processed in real-time on digital systems. This digitalised accounting ensures maximum process speed, data confidentiality and transparency, while the company’s managers can access the system at any time and see the company’s current financial situation. This allows you to react quickly to market changes, save on the cost of maintaining a workstation and enjoy the highest level of accounting support, fully tailored to the individual pace of your business.
Accounting and bookkeeping
Comprehensive accounting and professional bookkeeping are the foundation of any transparent organisation. This routine service covers all essential operations, from the chronological recording of income and expenditure, payroll calculations, to the preparation of declarations and the compilation of the annual set of financial statements. High-quality bookkeeping not only ensures complete financial transparency vis-à-vis partners or banks, but also drastically reduces the administrative burden within the company. By handing over this routine to a specialised team, entrepreneurs and managers save valuable time which they can invest in their direct activities, their customer base and increasing sales, knowing that every single figure is worked out down to the smallest detail.
Frequently asked questions
We don't have an accounting software, do we need to buy one?
We provide accounting services using our own accounting software, Pragma, BSS IT and B1 accounting software. If required and desired, we can also provide you with the possibility to connect to your company’s accounting database.
Do you do your bookkeeping online?
Yes, we can also provide accounting services online.
How do I do my bookkeeping online (remotely)?
Online bookkeeping is carried out entirely remotely, by digitising the transmission of documents via specialised applications, cloud computing systems or email.
What languages do you do your accounting in?
Our services in Lithuania are available in Lithuanian, Russian and English.
What is bookkeeping and why is it compulsory for businesses?
Accounting is the systematic recording, analysis and reporting of a company’s financial transactions, which is compulsory for every legal entity registered in Lithuania under the law.
How much does bookkeeping cost and what does it depend on?
On average, bookkeeping costs from €150 per month, with the exact cost depending directly on the volume of business activity and the number of documents.
Tax changes and timely news
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