Description

Submitting annual report is mandatory for all the companies registered in Lithuania, even if the company doesn’t have any activities during the financial year. It must be confirmed at yearly General Meeting of Shareholders within 4 months from company’s financial year. The annual report has to be submitted to the Centre of Register within 30 days from the general meeting

All the monthly accounting has to be completed before starting to compile the annual report.

Included in the price for annual report:

• Management report
• Balance sheet
• Income statement
• Cash flow statement
• Changes in equity
• Notes to the financial statements
• Submitting the report to State Enterprise Centre of Registers
• Corporate income tax declaration
• Submitting the declaration to State Tax Inspectorate

If the accounting for the financial year has not been done (or is not done correctly), additional fee based on accountants working hours will be added to the price. The exact content and the form of annual report depends on the size and business of the company.

Process flow:

  • In case your company´s accounting is not done by iCompany House, we need you to send us documents (bank statements, purchase- and sales invoices) so we could make the offer
  • We agree on the volume of the work needed and final price
  • We go over the documents, compile it to annual report and send it to you
  • You need to present the annual report to Centre of Registers. Once you appoint us as official accountant in Tax Office we can do this for you. Or we can represent you based on PoA for an extra fee.
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