Europe
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Import to Lithuania
Lithuania boasts one of the most well-renowned ICT markets in Europe. Well known for its developed infrastructure and young and ambitious talent, the country attracts foreign investment. Yet, getting tech goods through Lithuanian customs is challenging when navigating it alone.
Tax
up to 21%
Duties
up to 7%
Lead Times
2-3 weeks
Restricted Items
N/A
Best Carrier Option
Freight Forwarder
Non-Working Days
Saturday, Sunday, and Public Holidays
Prominent Language
Lithuanian
Exporting and Importing to Lithuania
Lithuania’s exports and imports have grown drastically over the last few years. The country’s largest trading partners include Latvia, Poland, and German, where refined petroleum is predominantly exported and minerals are primarily imported.
Lithuania’s location in Europe is favourable for trade due to its central location, nestled between Eastern and Western Europe. This makes Lithuania a gateway for trade with expanding market access and increasing investment opportunities. Lithuania’s technological landscape is also booming. The nation’s capital, Vilnius, is home to the largest tech campus in Europe, Tech Zity. This €100 million initiative encourages tech trade, making it an attractive destination for setting up various tech hubs.
Population
1.86 million
Biggest Industry by Export
Refined Petroleum
Capital City
Vilnius
Biggest Industry by Import
Minerals
Specialized Solution for Lithuania
As Lithuania belongs to the European Union, securing an EORI number is necessary for countries outside the European Union wanting to import into Lithuania. Obtaining the information required to get an EORI number can be complex, and having an IOR expert can help manage this process to help gather all the necessary documents.
Leveraging their dedicated Delivered Duty Paid (DDP) shipping solution, TecEx is strategically positioned to serve as your Importer of Record (IOR). Operating under DDP incoterms, TecEx will take charge of the entire process, from pre-compliance to customs clearance, ensuring a seamless journey to the final delivery in Lithuania while taking on all risk.
Unique Pain Points for Lithuania
Despite being an attractive destination, importing into Lithuania can be difficult. Collecting the various documents and obtaining an EORI number remains challenging, requiring our TecEx compliance specialists to create a tailor-made solution to help clear your goods through Lithuanian customs quickly and reliably.
Dual-use goods are subject to strict controls within Lithuania. Failure to declare these correctly can lead to delays and financial penalties, where TecEx’s vast experience with importing into Lithuania ensures that all controls are in place, avoiding the potential delays and penalties.
Countries Associated with Lithuania
Europe
Poland
Europe
Germany
Specific Compliance Regulations for Lithuania
VAT Recovery
Import tax for tech gear can also become a challenge when importing into Lithuania, and having a good VAT Recovery solution can give upfront VAT savings. Obtaining the VAT recovery solution is, however, complex and can be a lengthy procedure. TecEx is well-versed in VAT regulations in every country and can ensure fast and efficient VAT recovery.
Commercial Invoice
A commercial Invoice is needed at customs, which records the sale of the goods. It should also contain the invoice number, and terms of the payment using Incoterms. If an accurate commercial invoice is not provided, delays and financial penalties will occur.
Airway Bill
An Airway Bill is needed for all imports into Lithuania, which are required for all items travelling by air. It contains all shipment details, overall serving as a receipt of goods.
Packing List
A packing list is needed for imports into Lithuania. This list includes a detailed list of the shipment’s contents, such as its weight and dimensions.
EORI Number
An EORI number is a unique identifier required for all customs clearance within the European Union, of which Lithuania is a member.
Single Administrative Document (SAD)
All imports into Lithuania require a single administrative document containing information and details about the imported goods.
Your global trade solution for Lithuania
Fill in the form to get in touch with us, and one of our experts will contact you with a customs compliance solution for Lithuania to suit your needs.