Taxes in LithuaniaCorporate income taxCorporate tax15%Microcompany (<10 employees and <300,000 EUR)5%The general corporation tax is 15%. Micro companies (companies with up to 10 employees and annual sales of up to 300,000 EUR) may be eligible for a 5% corporate tax.VATThe general VAT in Lithuania21%There is also reduced VAT at 0%, 5% and 9%.Payroll TaxesSocial fees30,98-32,6%Payroll tax15%Salaries and social security contributions apply to those employed in the Lithuanian company. The employer will also pay 9% of gross salary, which is the employee’s social security contributions. However, this is no cost to the company.Dividend TaxDividend Tax15%The share dividend tax applies to the shareholders. If the shareholders is from other country than Lithuania, it is their homeland taxes which regulate the tax. The dividend tax is 0% if another EU company is a shareholder.