Vilnius County, Lithuania
Custom ERP and billing, AI agents, web applications and SaaS for financial services and technology businesses in Vilnius. Built by Flip Retail in Jaipur, India, and delivered remotely, with working software every two weeks.
01 — Local economy
Revolut and dozens of other fintechs hold Lithuanian banking or e-money licences, and Vinted, the second-hand fashion marketplace, grew from the city into a European business. Laser makers Light Conversion and Ekspla, Thermo Fisher's biotech plant and service centres for Danske Bank, Nasdaq and Western Union also employ many people in Vilnius.
Lithuanian and English
02 — Industries
What we would build first for the industries Vilnius is known for.
03 — Compliance
What an ERP, billing system or AI agent has to respect here.
| Indirect tax | VAT (PVM), standard rate 21%Standard rate 21% with reduced rates for selected goods and services; returns are usually monthly. VAT payers must also report invoice data monthly to the State Tax Inspectorate via i.SAF. |
|---|---|
| E-invoicing | Planned · i.SAF invoice reporting; state B2G e-invoicing platform (Peppol, EN 16931)B2B e-invoicing is voluntary, but VAT payers report all invoice data monthly via i.SAF, and B2G e-invoicing through the state platform has been mandatory since 2017. A domestic B2B e-invoicing mandate (5-corner model) has been proposed, but no start date was enacted at last check. |
| Data protection | GDPR plus the Law on Legal Protection of Personal Data (as amended 2018)GDPR applies directly, supplemented by the Law on Legal Protection of Personal Data (as amended 2018) and supervised by the State Data Protection Inspectorate (VDAI); B2B buyers expect an Art. 28 data processing agreement, a sub-processor list and, in practice, EU/EEA hosting or SCC-covered transfers. |
| AI rules | The EU AI Act applies directly: prohibited AI practices have been banned since 2 Feb 2025, general-purpose AI model rules apply since 2 Aug 2025 and transparency duties (e.g. chatbot disclosure, AI-content labelling) since 2 Aug 2026, while the Digital Omnibus on AI (in force 27 Jul 2026) moved stand-alone high-risk (Annex III) obligations to 2 Dec 2027 and product-embedded high-risk (Annex I) obligations to 2 Aug 2028; Lithuania has designated the Communications Regulatory Authority (RRT) as AI market-surveillance authority. |
| Systems we migrate from or connect to | Rivilė, Finvalda, B1.lt, Agnum, Microsoft Dynamics 365 Business CentralMasters, ledgers, stock and open balances move across and are reconciled before cutover. |
| Payment rails for web apps and SaaS | SEPA, Paysera, Montonio, Bank links (Swedbank, SEB, Luminor), Stripe |
| Also worth knowing | The tax authority's i.MAS suite also includes i.VAZ for transport documents and a SAF-T file on request, so local ERPs are expected to export i.SAF and i.VAZ XML. ViDA cross-border reporting applies from July 2030. |
General information, not legal or tax advice. Last reviewed October 2026. Rules change, so we confirm current requirements during discovery; your tax adviser should confirm anything that affects filings.
Sources consulted:
04 — Working together
Jaipur is 3 h 30 min ahead of Vilnius on standard time, and 2 h 30 min ahead during daylight saving time there. A 09:00 start there is 12:30 in Jaipur. Standard 09:00–18:00 office days overlap by 5 h 30 min to 6 h 30 min, which is enough for live calls, demos and same-day answers.
Local time, standard time.
Pranjal is the best developer — started and ended development before schedule.
50+ projects for 30+ clients in 11 countries over six-plus years.
05 — FAQ
Yes, remotely. Flip Retail is a software studio in Jaipur, India, with no office in Vilnius; discovery happens on video calls and you get working software every two weeks.
Jaipur is 3 h 30 min ahead of Vilnius on standard time, and 2 h 30 min ahead during daylight saving time there. A 09:00 start there is 12:30 in Jaipur. Standard 09:00–18:00 office days overlap by 5 h 30 min to 6 h 30 min, which is enough for live calls, demos and same-day answers.
Yes. Invoicing is built for Lithuania's VAT (standard rate 21%). On e-invoicing: B2B e-invoicing is voluntary, but VAT payers report all invoice data monthly via i.SAF, and B2G e-invoicing through the state platform has been mandatory since 2017. A domestic B2B e-invoicing mandate (5-corner model) has been proposed, but no start date was enacted at last check. When the mandate takes effect, a custom ERP can connect to i.SAF invoice reporting through its official API or an accredited provider; we design for it from the start.
You choose: your own cloud account in a region that suits you, or your own servers. Access inside the system is role-based, and during development we work on test or masked data wherever possible. GDPR applies directly, supplemented by the Law on Legal Protection of Personal Data (as amended 2018) and supervised by the State Data Protection Inspectorate (VDAI); B2B buyers expect an Art. 28 data processing agreement, a sub-processor list and, in practice, EU/EEA hosting or SCC-covered transfers.
Yes. Masters, ledgers, stock and opening balances move across and are reconciled with your accountant before cutover, ideally at a year-end or quarter-end.
Yes. Current language models handle Lithuanian and English well, including mixed-language messages. We still test an agent in each language your customers use before it goes live, and route anything it is unsure about to your team.
Usually one module that fixes the most expensive problem first. For financial services & fintech that is often onboarding & KYC workflows and loan and policy lifecycle. It goes live early, and the rest of the system follows in two-week increments while your team is already using it.
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