|Lithuania is to launch its delayed Standard Audit File for Tax (SAF-T) in July 2018.|
|SAF-T was originally introduced to the country in 2016 for invoice listings and transport documentation. But this was effectively just an e-invoice reporting requirement. The third requirement, SAF-T accounting transactions, was delayed from 1 January 2017.|
Initially, only resident companies with a turnover of €8m will be required to submit SAF-T on request. This will be reduced to €0.7m. The new on-demand requirement will launch in July 2018. S4FN has developed SAF-T add-on for this new regulation for Lithuania. For more information please contact us.