UAB "Added Value"

About UAB "Added Value"

Built around what it calls longevity accounting, this Vilnius practice combines bookkeeping, statutory audit and legal support for Lithuanian businesses, aiming to keep owners clear of problems during tax inspections. Its plans range from a start-up package that sets up records correctly from the first day, to a clean-up service for companies whose books were neglected by a previous provider, and an ongoing plan with quarterly reviews, early-warning alerts and document follow-up. The audit team reviews financial and consolidated statements and EU-funded projects, and that experience feeds into the accounting work. On the legal side, the firm lists company establishment and liquidation, reorganisation projects, contract drafting and representation in tax disputes. Tax work covers corporate income tax, VAT, real estate tax, personal income tax returns and refunds of VAT paid abroad. No dedicated programme for foreign clients is described, although the main pages are available in English as well as Lithuanian.

Services

Bookkeeping with fixed asset accounting, accounting policies and payroll calculation; financial statements and tax returns; VAT accounting and recovery of foreign VAT; tax calculation, planning and representation in tax disputes; statutory audit and review of financial and consolidated statements and EU-funded projects; company establishment, reorganisation and liquidation; contract drafting; clean-up of neglected books when clients switch from another accountant. Free second-opinion consultation on existing accounting.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✓ Audit: offered
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed