Lithuanian taxes keep changing.
Stay a step ahead with Kvits.
Running individual activity (IV) or a small partnership (MB) in Lithuania? Kvits turns taxes, invoicing and expense tracking into something you barely think about.
- Scan a receipt — captured in seconds
- GPM, VSD and PSD recalculated after every entry
- IV and MB in one tool — with the 2026 tax credit
- Invoices with or without VAT — fast and simple
No card needed for the free plan · 14-day Pro trial for new accounts
Built by one person in Lithuania — I answer questions personally.
IV + MB
Both legal forms, one tool
2026
GPM law — built in
Art. 18-2
Tax credit, computed exactly
GDPR
EU servers · encrypted data
Do what you do best — Kvits handles the taxes.
A finance tool for IV and MB owners that is genuinely simple to use.
Know your numbers
See your profit in real time.
This month
Income
8 570 €
Expenses
4 370 €
Profit
4 200 €
Get paid faster
Create, send and track invoices in seconds.
UAB Pavyzdys
1 200 €
MB Startuolis
850 €
A. Petrauskas
320 €
Never lose a receipt
Say goodbye to the paper receipt pile.
Senukai · receipt
2026-06-28 · Office supplies
Recognized in seconds
No more tax stress
GPM, VSD and PSD — always calculated, always current.
GPM · income tax
20%
VSD · Sodra
12.52%
PSD · health insurance
6.98%
Calculate your taxes — right now, for free
Calculated under the 2026 GPM law · Art. 18-2 tax credit included
From receipt to tax number — three steps.
You do the three steps once — after that the system works on its own.
Scan a receipt
Photograph or upload a receipt or invoice. Multi-page PDFs work too.
AI reads it
AI extracts the amount, VAT, vendor and category in a few seconds.
See your taxes
GPM, VSD and PSD update instantly. You know exactly how much to set aside this month.
Everything IV and MB bookkeeping needs — in one place.
No convoluted spreadsheets, no pre-declaration panic.
AI receipt scanner
Photograph a receipt — amount, vendor, VAT and category recognized in seconds.
Invoicing
IV or MB invoices with or without VAT, in multiple currencies, with credit notes when needed.
Real-time taxes
GPM, VSD and PSD under the 2026 law — including the Art. 18-2 tax credit.
Tax pot
One number for how much to set aside this month. No surprises at declaration time.
VAT threshold watch
Kvits tracks how close you are to mandatory VAT registration and warns you early.
Flat-rate or actual expenses?
Compares both expense methods and shows which one saves you money — in euros.
i.EKA readiness
Check whether you need an i.EKA cash register — before the fine, not after.
Accountant export
CSV, a ready GPM311 summary and a read-only link — your accountant sees everything without signing up.
Compare, don't guess.
Two live calculators — whether IV or MB works out better for you, and how the 2026 reform affects stacked income.
IV or MB? A comparison
Net profit after taxes · 2026 rates
MB withdrawal route
Individual activity (IV)
Flat-rate 30% (paušalinė)
Net profit
25 125 €
Small partnership (MB)
Dividends (7% + 15%)
Net profit
23 715 €
Individual activity comes out ahead — 1 410 € more take-home per year
From ~1 000 € a year, MB becomes the better option (dividend strategy).
With dividends, no VSD/PSD is paid — you accrue no pension record or social-insurance rights. The personal-use funds strategy (button above) provides Sodra coverage, at a higher tax cost. MB profit tax here is 7% (new MBs pay 0% for the first two tax periods).
Calculated with 2026 rates · Confirm with your accountant
Income-stacking projector
IV income above 42 500 € + other income · the 2026 reform
Expense method
The excess does not yet reach a higher progressive band.
7 500 € above the threshold combines with your other income in the progressive system — the marginal rate on this excess: 20%.
This is a projection under the 2026 reform rules, not tax or legal advice. Confirm the exact amount with an accountant before making decisions.
Calculated under the 2026 GPM reform · Confirm with your accountant
VMI i.APS
Taxes once a year
- You open it right before the filing deadline
- You add up how much you owe
- Two weeks of stress at the end
- You rush to an accountant to double-check
Kvits
Taxes every day
- Add income — taxes recalculate immediately
- You know the exact number at any moment
- You set aside the right amount on time
- Filing season becomes a formality
How much is left after taxes — answered after every receipt.
Every receipt and every invoice updates your number immediately. Instead of pre-declaration anxiety — a calm, exact figure you simply set aside.
- GPM with the tax credit (Art. 18-2)
- VSD and PSD on the correct Sodra base
- Flat-rate vs. actual expense method comparison
Net profit
€0from €3 200 of income this month
GPM
20% personal income tax
VSD
Sodra pension insurance
PSD
Health insurance
Calculated in real time · 2026 GPM law
Calculate yours ↓Exact numbers. Safe data.
Formulas come from official legal acts, not from forums.
The 2026 GPM law — built in
Formulas come straight from the official GPM (personal income tax) law: the Art. 6 §8 rate, the Art. 18-2 tax credit, the Art. 18 §11 VSD/PSD deduction. They are never changed without a new legal source.
The correct Sodra base
Most calculators compute VSD and PSD on gross income. Kvits follows the actual Sodra rule: 90% of taxable income, capped at 43 × the average wage (VDU). The difference can reach −37%.
EU servers · GDPR · encrypted data
Data is encrypted in EU data centres (Supabase). Receipts live in private storage, accessible only through signed temporary links. Payments run through Stripe — card data never touches our servers.
Built and maintained in Lithuania
All of Kvits costs less than one hour of an accountant's time.
Transparent pricing
Start free. Upgrade when you need more.
Starter
For trying it out and getting started
No card needed · Free forever
- 10 free receipt scans a month
- IV and MB tax calculator
- 5 invoices a month
- Income and expense tracking
- Days-until-Sodra-payment countdown
Pro
Everything an IV or MB owner needs
Billed yearly — €71 · you save €24
14 days free · cancel anytime
- Everything in Starter
- Unlimited receipt uploads and invoices
- GPM311 export — ready for the VMI declaration
- Annual tax summary — ready for your accountant
- Unlimited invoice emails (free plan — 3/mo)
- Stripe payment links
- Deadline tracking · CSV export
Business
Automation and accountant collaboration
Billed yearly — €168 · you save €60
- Everything in Pro
- Full MB tax panel — profit tax, dividends vs. personal funds
- Recurring invoices — generated automatically
- Business growth analysis — year-over-year
- Client profitability analysis
- Tax deadlines in Google / Apple Calendar
- Accountant read-only link (access without an account)
The listed price is final — no VAT is added (the provider is not VAT-registered).
Frequently asked questions
Didn't find your answer? Write to us.
Find out how much you keep after taxes.
Free plan, no card. First scanned receipt — three minutes from now.