Lithuanian Transfer Pricing Consultants

Transfer pricing powered by iVC

700 projects completed in 5 years

Lithuanian Transfer Pricing Strategy

Transfer pricing strategy starts with understanding how your business actually creates value. We design structures and agreements that align commercial reality with Lithuanian tax expectations. Our work focuses on getting the fundamentals right so your Lithuanian operations run with clarity, confidence, and long-term certainty. No templates, no guesswork, just practical strategy.

Lithuanian Transfer Pricing Policy Design & Implementation

We build pricing policies that fit how you actually operate, not generic frameworks. Tailored to Lithuanian rules and OECD standards, our approach strengthens governance, ensures consistent pricing, and creates positions that hold up under scrutiny from tax authorities.

Lithuanian Value Chain Analysis & Substance Alignment

We map where value actually gets created in your business, who does the work, who takes the risk, who owns the assets. This analysis strengthens compliance, builds transparency, and reduces Lithuanian tax exposure by showing your transfer pricing documentation reflects genuine economic reality, not theory on paper.

Your intercompany agreements need to tell a story that makes sense. We draft agreements that accurately reflect your functions, risks, and assets so when tax authorities ask questions, the answers are already there. This strengthens audit readiness and ensures consistent pricing across your global operations.

Intercompany Agreement Review & Drafting

Transfer Pricing and Beyond! If you are looking for a quality service and advice that works in practice, iVC Consulting should be your choice. Extensive professional knowledge, knowing its client, practical approach - that's what makes a difference.

Agnė Petkevičiūtė
Director of Tax
Vinted

★★★★★

Supported Vinted's shift from ($118m) in 2022 to $17m in 2023

Lithuanian Transfer Pricing Compliance

Compliance is not just about ticking boxes, it is about being ready when tax authorities come knocking. We handle documentation, benchmarking, and risk assessments that keep you safe. Get this right and you will sleep better knowing an audit will not derail your business or drain your resources.

Benchmarking & Economic Analysis for Compliance

We identify where Lithuanian tax authorities are likely to look and whether you are ready. Our assessment uncovers governance gaps, documentation weaknesses, and audit risks. Then we give you actionable insights to strengthen your position and build a framework that holds up when tested.

Lithuanian Transfer Pricing Risk Assessment & Compliance Reviews

We prepare the transfer pricing documentation Lithuanian authorities expect to see. Master File and Local File, fully aligned and defensible. The result: compliant, consistent documentation you can rely on with confidence in any HMRC enquiry.

Lithuania Master File, Local File & Concurrent Documentation

We find comparable companies that actually look like yours, not just database matches. This evidence helps you defend your transfer pricing, strengthens your position, and keeps you compliant with what Lithuanian authorities expect from your documentation and analysis.

Lithuanian Operational Transfer Pricing

Transfer pricing is not just an annual exercise. We build processes and controls that keep your transfer pricing compliant month to month. Our tools enhance accuracy, streamline workflows, and reduce tax risk by making transfer pricing part of how you operate.

Operational Transfer Pricing for Lithuanian Businesses

Transfer pricing only works if it is executed properly in practice. We build the processes, controls, and dispute mechanisms that keep your pricing consistent and compliant day to day. The goal is transparency, accuracy, and the confidence that comes from knowing your transfer pricing works.

Audit Defence & Dispute Resolution

Tax audits are stressful. We have been through many. We provide strategic positioning, technical analysis, and direct engagement with tax authorities to resolve issues efficiently and protect you from double taxation and penalties that could impact your business.

We guide you through APA and MAP processes to secure long-term certainty and prevent double taxation. Our structured approach and coordination with tax authorities help you achieve sustainable, predictable pricing outcomes for your business.

Advance Pricing Agreements - APAs & MAP

Long-term Transfer Pricing Partner

Vinted

• Weekly calls for the last 5 years focused on transfer pricing, cross-border scaling, accounting and M&A integration

• 200+ projects delivered across multiple workflows and many stakeholders

• Coordination of work through a Project Management platform

• Four M&A integrations, two spin-offs

• Intercompany transaction calculation tool for accounting ease and financial oversight of the group entities

• Supported shift from 111m USD loss (2022) to 89m USD profit (2024)

Docplanner

• Monthly calls for last 4 years focused on international tax, financial audit support, finance, M&A, etc.

• 100+ projects delivered over four years

• Designed and maintained a streamlined global transfer pricing structure

• Intercompany transaction calculation tool for accounting ease and financial oversight of the group entities

Frequently asked questions

What is transfer pricing, and why does it matter for Lithuanian businesses?

Transfer pricing governs the prices your Lithuanian entity charges or pays to related companies abroad for services, goods, IP, or financing. Lithuanian tax authorities expect these prices to match what independent parties would agree. If they do not, profits can be adjusted, tax reassessed, and penalties applied. It matters for any Lithuanian company with cross-border related-party transactions, regardless of size.

What triggers a Lithuanian transfer pricing audit?

Lithuanian audits are commonly triggered by cross-border related-party transactions, loss-making Lithuanian entities, low-margin service or IT centres, IP payments, and missing or late documentation. Authorities also focus on situations where people and decision-making sit in Lithuania but profits do not. Short documentation deadlines mean weak preparation quickly becomes a problem.

Do I need transfer pricing documentation if I am a smaller business in Lithuania?

Yes. Lithuania does not rely only on turnover thresholds. If your related-party transaction values exceed statutory limits, Local File documentation is required. Smaller businesses are still expected to justify pricing for services, IP, and financing. Documentation can be proportionate, but it must exist and be defensible before an audit starts.

What is an arm’s length price and how do I prove it in Lithuania?

An arm’s length price is what independent companies would charge in comparable circumstances. In Lithuania, this is proven through a clear functional analysis, appropriate regional benchmarking, and consistent application of the pricing policy. Weak comparables or after-the-fact documentation significantly increase adjustment risk during an audit.

What are the transfer pricing penalties in Lithuania?

In Lithuania, transfer pricing penalties are applied on top of any additional corporate income tax assessed. As a general rule, penalties range between 10% and 50% of the tax underpaid, depending on the severity of the breach. Weak documentation, late preparation, or misaligned pricing significantly increase penalty exposure during audits.

Get in touch

Lithuanian office

VILNIUS
Aludariai str. 1,
Vilnius, LT-01113,
Lithuania

Hours
Monday - Friday
9am - 6pm

Contacts
+370 699 75 703
office@ivc-consulting.com