UAB ACCOUNTING
A Private Limited Liability Company (UAB) has a clear management structure, and its accounting requires precision in handling documents, VAT, payroll, and financial statements. Professional assistance ensures accuracy, compliance with legal requirements, and allows companies to focus on business growth.
ACCOUNTING PLANS
SERVICES
Monthly reports:
– Preparation and submission
of income tax returns
– Class A income tax returns
– SODRA returns
Closing of the financial
year, preparation of key
financial statements
ISAF, preparation of the
VAT return and submission
of to the tax authorities
Fuel write-off
Staff
Purchase, sales invoices
Operations
Accounting for business
trips
Customer Self-Service
“Invoisys.eu”
Monthly service fee
(excluding VAT)
100
+
–
–
–
–
up to 10
up to 20
–
–
From 100 Eur
150
+
+
–
–
up to 1
up to 20
up to 30
–
1 access
From 150 Eur
350
+
+
+
+
up to 4
up to 40
up to 60
up to 2
up to 3 accesses
From 350 Eur
550
+
+
+
+
up to 10
up to 80
up to 100
up to 5
up to 5 accesses
From 550 Eur
100
Monthly reports:
– Preparation and submission of income tax returns
– Class A income tax returns
– SODRA returns
+
Closing of the financial year, preparation of
key financial
statements
–
ISAF, preparation of the VAT return
and submission of
to the tax authorities
–
Fuel write-off
–
Staff
–
Purchase, sales invoices
up to 10
Operations
up to 20
Accounting for business trips
–
Customer Self-Service
“Invoisys.eu”
–
Monthly service fee
(excluding VAT)
From 100 Eur
150
Monthly reports:
– Preparation and submission of income tax returns
– Class A income tax returns
– SODRA returns
+
Closing of the financial year, preparation of
key financial
statements
+
ISAF, preparation of the VAT return
and submission of
to the tax authorities
–
Fuel write-off
–
Staff
up to 1
Purchase, sales invoices
up to 20
Operations
up to 30
Accounting for business trips
–
Customer Self-Service
“Invoisys.eu”
1 access
Monthly service fee
(excluding VAT)
From 150 Eur
350
Monthly reports:
– Preparation and submission of income tax returns
– Class A income tax returns
– SODRA returns
+
Closing of the financial year, preparation of
key financial
statements
+
ISAF, preparation of the VAT return
and submission of
to the tax authorities
+
Fuel write-off
+
Staff
up to 4
Purchase, sales invoices
up to 40
Operations
up to 60
Accounting for business trips
up to 2
Customer Self-Service
“Invoisys.eu”
up to 3 accesses
Monthly service fee
(excluding VAT)
From 350 Eur
550
Monthly reports:
– Preparation and submission of income tax returns
– Class A income tax returns
– SODRA returns
+
Closing of the financial year, preparation of
key financial
statements
+
ISAF, preparation of the VAT return
and submission of
to the tax authorities
+
Fuel write-off
+
Staff
up to 10
Purchase, sales invoices
up to 80
Operations
up to 100
Accounting for business trips
up to 5
Customer Self-Service
“Invoisys.eu”
up to 5 accesses
Monthly service fee
(excluding VAT)
From 550 Eur
THE PROPOSED PLANS DO NOT MEET YOUR SPECIFIC NEEDS?
OR MAYBE YOU ARE INTERESTED IN ADDITIONAL SERVICES?
UAB Bookkeeping
A Private Limited Liability Company (UAB) is a separate legal entity with a clear management structure. This business form is often chosen by companies that plan expansion, want to attract investors, maintain a structured management system, and limit liability. Due to larger operations and stricter requirements, UAB accounting is more complex compared to, for example, MB accounting.
Features and specifics of UAB accounting
UAB accounting is based on the double-entry principle in accordance with the Law on Financial Accounting of the Republic of Lithuania. This means that every financial transaction must be recorded accurately, with proper issuance and management of primary documents (invoices, receipts, contracts, etc.), and timely submission of all required reports to authorities.
A UAB is required to:
- Prepare and submit annual financial statements (balance sheet, profit and loss statement, explanatory notes);
- Maintain VAT accounting (if the company is a VAT payer);
- Calculate and declare payroll accounting and related taxes;
- Ensure accurate accounting of fixed assets and depreciation calculations.
Even small inaccuracies can result in fines or inspections by authorities. Therefore, professional accounting services are essential for every UAB. Responsibility for incorrect accounting lies not only with the accountant but also with the manager (Law on Financial Reporting of Companies of the Republic of Lithuania).
Should you manage accounting yourself or entrust it to professionals?
Handling accounting independently may seem like a way to save costs, but in reality, it often leads to higher expenses – due to lost time, increased risk of errors, or incorrectly filed declarations. Professional help ensures that documents are prepared accurately, efficiently, and in full compliance with legislation.
Why outsource accounting services?
- Lower costs – no need to hire a full-time accountant or maintain additional workplaces.
- Professionalism – accounting firms continuously follow legal changes, ensuring documents always meet current requirements.
- Digital accounting – enables real-time visibility of the company’s financial situation.
- Security and reliability – reduces the risk of errors, fines, and inspections.
Want hassle-free UAB accounting? Contact Baulera.lt specialists and get a personalized offer.
Most common mistakes in UAB accounting:
- Incorrectly prepared or late reports/documents;
- Errors in payroll and tax calculations;
- Improper fixed asset accounting;
- Inaccuracies or delays in VAT reporting.
UAB accounting with Baulera.lt
Baulera.lt specialists assist both newly established and already operating UABs. Services include:
- management of primary documents;
- payroll and tax accounting;
- preparation of VAT returns;
- preparation of financial statements;
- ongoing consultations on accounting and tax matters;
- professional audit services if needed.
It is important to note that Baulera.lt can not only take care of UAB accounting but also assist in the initial stages of business – company formation and accounting are handled in one place, making business startup much easier.
Key differences between UAB and MB accounting:
- Complexity: UAB accounting is more complex as it involves stricter VAT and employee accounting requirements.
- Requirements: UABs must prepare more detailed financial statements.
- Need for professionals: due to complexity, UAB accounting almost always requires a professional accountant or accounting firm.
Entrust your UAB accounting to Baulera.lt – we will ensure accuracy, legal compliance, and help you focus on what matters most – growing your business.