Obligations in self-employment under an individual activity certificate

Persons self-employed under an individual activity certificate are required to: 

• Issue an accounting document after the provision of services/sale of goods (the following accounting documents are used: an invoice (for persons not registered as taxpayers for VAT purposes), a VAT invoice (for persons registered as taxpayers for VAT purposes), a cash register receipt (if a cash register is used to record income), and any other accounting documents (payment orders, cash receipts, etc.). 

For more detailed information, please see here (only in Lithuanian). 

• Keep a register of income and expenditure (or keep a cashbook for cash transaction records, if a cash register is used), unless accounting is managed via i.APS. 

For more detailed information, please see here (only in Lithuanian). 

• Submit the annual income tax return to the State Tax Inspectorate (even if no income was generated from self-employment under an individual activity certificate) at the end of the year, by 1 May of the following year, and pay the amount of income tax due as calculated therein. 

From 1 January 2018: if persons self-employed under an individual activity certificate pay rent to other residents for immovable property (premises) used for self-employment purposes, they must withhold and pay 15% income tax on the rent payments, and declare these payments to the State Tax Inspectorate. 

For more detailed information, please see here (only in Lithuanian).