Tax, company registration and immigration card Latvia, Estonia, Lithuania
1-2900
2900
2500
State...)
|
|
Latvia |
Lithuania |
Estonia |
|
Share capital (EUR) |
1-2900 |
2900 |
2 500
|
|
State fees
|
180 |
60 |
150
|
|
Notary fees total
|
200 |
230 |
60
|
|
Fees
|
380 |
290 |
210 |
|
Time to register LLC
|
4 business days
|
3 business days
|
5 business days
|
|
Special requirements |
Notarized application form and agreement of the Board members
|
- Notarial POA, if establisher of the company is individual; - Company name shall not be similar to trademarks registered in EU. |
Notarized foundation resolution, application form and specimen signatures
|
|
Time to register VAT
|
10 business days
|
14 business days |
3 business days
|
|
VAT thresholds
|
49 801
|
29 000 |
16 000 |
|
Immigration salary requirements
|
1.Employee salary net : 633.18 Sum payable for employer : 786.06 2. Board member net salary : 1266.36 Sum payable for employer: 1571.77 |
232
|
Minimal salary requirement is 278,02 before taxes/month. Minimum wage of migrant workers is 983 before taxes.
|
|
Time of permit |
5 years (for Head of representative office-4 years; for Employee - on Agreement duration (max 5 years) |
1 year (permanent residence permit – 5 years) |
2 years for employment or on the basis of legal income. 5 years for undertaking business |
|
Prolongation requirements |
Permanent residence permit: after 5 years staying in Latvia. For receiving of the permanent residence permit, the person can be outside Latvia without interruption less than 6 months within 1 year period or less than 1 year in total. |
Permanent residence permit: after 5 years residing in Lithuania uninterruptedly.
|
Permanent residence permit: after 5 years of permanent staying inEstonia. Permanent stay in Estonia includes temporary absence from Estonia, if such absence does not exceed 6 consecutive months and a total of 10 months during five years. |
|
PIT Rate |
25 % (dividends-10%) |
15% (dividends-20%) |
21% |
|
VAT rate
|
22%
|
21% |
20% |
|
CIT rate |
15 %
|
15% |
21% on gross dividends (tax is calculated on the net amount at the rate of 21/79); undistributed profits are not taxed |