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Lithuania has a corporate tax rate of 15%, which is one of the lowest in the European Union. Companies that operate under VAT have to pay tax on purchases at 21%. Certain services, like those related to some domestic passenger transport, books (excluding e-books), newspapers and periodicals, hotel accommodation, district heating, and others, benefit from a 9% VAT rate.
https://www.confiduss.com/en/jurisdictio...pany-formation/
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