⚖️ 🇱🇹 Lithuania vs 🇱🇾 Libya
| 🇱🇹 Lithuania | 🇱🇾 Libya | |
|---|---|---|
| Tax System | Worldwide | Territorial |
| Tax Authority | VMI | Tax Authority |
| Authority Website | Visit | — |
| Data Year | 2026 | 2025 |
📊 AT A GLANCE
| Metric | 🇱🇹 Lithuania | 🇱🇾 Libya |
|---|---|---|
| Top Personal Income Tax | 32.00% | 20.00% |
| Effective Top PIT Rate | 32.00% | 20.00% |
| Corporate Tax Rate | 17.00% | 20.00% |
| VAT / GST | 21.00% (PVM) | 0.00% |
| Tax System | Worldwide | Territorial |
| Tax Treaties | 56 | 5 |
💰 INCOME TAX RATES
| Rate | Lithuania | Libya |
|---|---|---|
| Top PIT Rate | 32.00% | 20.00% |
| Effective Top PIT | 32.00% | 20.00% |
| Capital Gains Tax | 20.00% | — |
| CG Notes | 20% (or 32% on larger amounts). Shares held >10 years may be exempt. | — |
| SS Employee | 19.50% | — |
| SS Employer | 1.77% | — |
🏦 WITHHOLDING RATES
| Type | Lithuania | Libya |
|---|---|---|
| Dividend WHT | 15.00% | — |
| Interest WHT | 15.00% | — |
| Royalty WHT | 15.00% | — |
📋 OTHER TAXES
| Tax | Lithuania | Libya |
|---|---|---|
| Corporate Tax | 17.00% | 20.00% |
| Inheritance Tax | 10.00% | — |
| Wealth Tax | — | — |
🔧 TAX FEATURES
| Feature | Lithuania | Libya |
|---|---|---|
| Personal Income Tax | Yes | Yes |
| Capital Gains Tax | Yes | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | Yes | No |
| Wealth Tax | No | No |
| Inheritance Tax | Yes | No |
| Exit Tax | No | No |
| CFC Rules | Yes | No |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | No | No |
| Participation Exemption | Yes | No |
| Territorial Exemption | No | Yes |
🌟 SPECIAL REGIMES
| Regime | Lithuania | Libya |
|---|---|---|
| Digital Nomad Tax Regime | No | No |
| Non-Dom Regime | No | No |
📅 RESIDENCY & FILING
| Detail | Lithuania | Libya |
|---|---|---|
| Residency Threshold | 183 days | 183 days |
| Residency Rules | Resident if permanent place of residence or present 183+ days in tax year, or centre of personal/economic interests | Resident if present 183+ days in a calendar year. |
| Filing Deadline | May 1 | — |
| Auto Extension | No | No |
| Filing Notes | Electronic filing via EDS. | — |
| CFC Rules Details | CFC rules for holdings >50% in entities taxed at less than 50% of Lithuanian rate | — |