Lithuania - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Lithuania was 4.19 as of 2014. Its highest value over the past 10 years was 4.71 in 2012, while its lowest value was 1.53 in 2004.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://econ.worldbank.org/research/entrepreneurship).

See also:

Year Value
2004 1.53
2005 1.94
2006 2.28
2007 2.83
2008 2.34
2009 2.34
2012 4.71
2014 4.19

Delay in obtaining an electrical connection (days)

Definition: Delay in obtaining an electrical connection is the average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 5.50
2004 22.20
2005 37.50
2009 63.00
2013 42.90

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 0.300
2013 0.200

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 27.20
2013 14.90

Time required to get electricity (days)

The value for Time required to get electricity (days) in Lithuania was 85.00 as of 2017. As the graph below shows, over the past 8 years this indicator reached a maximum value of 148.00 in 2010 and a minimum value of 85.00 in 2016.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 148.00
2010 148.00
2011 146.00
2012 146.00
2013 146.00
2014 135.00
2015 95.00
2016 85.00
2017 85.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 45.69
2005 41.53

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 41.00
2013 35.60

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 8.90

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 30.80
2013 14.60

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2002 29.10
2004 3.80
2005 35.40
2009 3.40
2013 10.90

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Lithuania was 35.20 as of 2017. Its highest value over the past 12 years was 35.20 in 2017, while its lowest value was 35.10 in 2009.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 35.20
2006 35.20
2007 35.20
2008 35.20
2009 35.10
2010 35.10
2011 35.10
2012 35.10
2013 35.20
2014 35.20
2015 35.20
2016 35.20
2017 35.20

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Lithuania was 1.60 as of 2017. Its highest value over the past 12 years was 10.30 in 2005, while its lowest value was 1.30 in 2014.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 10.30
2006 6.00
2007 2.10
2008 1.90
2009 1.90
2010 2.20
2011 2.20
2012 2.00
2013 1.70
2014 1.30
2015 1.50
2016 1.50
2017 1.60

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Lithuania was 5.90 as of 2017. Its highest value over the past 12 years was 8.90 in 2007, while its lowest value was 5.70 in 2005.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 5.70
2006 6.40
2007 8.90
2008 8.50
2009 6.50
2010 7.80
2011 5.80
2012 6.00
2013 6.00
2014 5.90
2015 5.90
2016 5.90
2017 5.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment