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Lithuania Tax Information

21% PVM

PVM is 21% standard, 9% for heat/books, 5% for medicines. Registration above €45,000. Source: State Tax Inspectorate Lithuania.

Product Manager Services to Invoice

  • Product strategy
  • Roadmap planning
  • User research
  • Prioritization
  • Sprint planning
  • Stakeholder management
  • Launch planning

Invoice Requirements in Lithuania

Company code
PVM code if registered
Client code
Invoice number
PVM breakdown
Total in EUR

Payment Terms

Monthly retainer or project-based. Day rates for interim roles.

Grynaisiais14 dienų30 dienųTerminas

Payment Methods in Lithuania

Bank TransferCredit CardPayPalRevolut

Product Manager Invoice Tips

  • Reference deliverables
  • Include research
  • Document roadmaps
  • Note sprints
  • Track launches

Frequently Asked Questions

What tax rate applies to product manager invoices in Lithuania?

Lithuania has 21% PVM. PVM is 21% standard, 9% for heat/books, 5% for medicines. Registration above €45,000. Source: State Tax Inspectorate Lithuania.

What payment methods are common for product managers in Lithuania?

Common payment methods in Lithuania include: Bank Transfer, Credit Card, PayPal, Revolut. Monthly retainer or project-based. Day rates for interim roles.

What should product manager invoices include in Lithuania?

Your invoice should include: Company code, PVM code if registered, Client code, Invoice number. For product manager services specifically, also include: Product strategy, Roadmap planning, User research.

How to price PM services?

Retainer for ongoing, project for initiatives, day rate for interim.

What deliverables?

Roadmaps, PRDs, research reports, sprint plans, launch docs.

What PVM rates apply?

Lithuania applies 21% standard VAT, 9% for heating and books, 5% for medicines. EU rules apply.