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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.

Video Editor Services to Invoice

  • Video editing
  • Color grading
  • Motion graphics
  • Sound design
  • Subtitles/captions
  • Thumbnail creation
  • Format conversion

Invoice Requirements in Lithuania

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

Payment Terms

50% deposit, 50% on delivery. Rush fees for tight deadlines.

Grynaisiais14 dienų30 dienųTerminas

Payment Methods in Lithuania

Bank TransferCredit CardPayPalRevolut

Video Editor Invoice Tips

  • Specify video length
  • Include revision rounds
  • Note footage received
  • Document export formats
  • Reference project files

Frequently Asked Questions

What tax rate applies to video editor 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 video editors in Lithuania?

Common payment methods in Lithuania include: Bank Transfer, Credit Card, PayPal, Revolut. 50% deposit, 50% on delivery. Rush fees for tight deadlines.

What should video editor invoices include in Lithuania?

Your invoice should include: Company code, PVM code if registered, Client code, Invoice number. For video editor services specifically, also include: Video editing, Color grading, Motion graphics.

How should video editors price their work?

Per project, per minute of finished video, or hourly. Consider complexity and turnaround time.

What should video editing invoices include?

Project name, video duration, services performed, revisions included, and delivery format.

What PVM rates apply?

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