New digital tools speed up business declarations, but bureaucratic hurdles and paper reliance persist in Lithuania.
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A newly created declaration tool allows businesses to use the Registry Centre’s self-service, significantly reducing the time required for declarations from 1-2 hours to 5-25 minutes and saving paper. While the Ministry of Economics and Innovation highlights this improvement, experts point out that digitalization in Lithuania still faces challenges, particularly within public institutions, which often use outdated and inefficient systems, increasing bureaucratic burden. Despite advancements, many businesses and even accountants still rely on paper documentation, and there are instances where legal frameworks precede the creation of necessary digital tools. Furthermore, businesses cite bureaucratic procedures and excessive paperwork as major obstacles to business expansion, with Lithuania ranking 14th out of 28 EU member states in digital economy progress.
