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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.

Virtual Assistant Services to Invoice

  • Administrative support
  • Email management
  • Calendar scheduling
  • Data entry
  • Research
  • Customer support
  • Social media

Invoice Requirements in Lithuania

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

Payment Terms

Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

Grynaisiais14 dienų30 dienųTerminas

Payment Methods in Lithuania

Bank TransferCredit CardPayPalRevolut

Virtual Assistant Invoice Tips

  • Track hours with descriptions
  • Group tasks by category
  • Include time tracking report
  • Reference retainer hours
  • Note overtime

Frequently Asked Questions

What tax rate applies to virtual assistant 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 virtual assistants in Lithuania?

Common payment methods in Lithuania include: Bank Transfer, Credit Card, PayPal, Revolut. Retainers paid monthly in advance. Hourly billed bi-weekly or monthly.

What should virtual assistant invoices include in Lithuania?

Your invoice should include: Company code, PVM code if registered, Client code, Invoice number. For virtual assistant services specifically, also include: Administrative support, Email management, Calendar scheduling.

How should VAs track and bill time?

Use time tracking software. Provide detailed reports with invoices.

Should VAs offer retainer packages?

Yes, retainers provide stable income. Offer 10, 20, or 40 hour packages.

What PVM rates apply?

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