Investment Account with Admirals: Stocks and ETFs

Modified on Tue, 9 Sep at 5:43 PM

If you invest in stocks or exchange-traded funds (ETFs) through your Admirals Invest.MT5 account, you have the option to register this account as an investment account, which allows you to defer the payment of personal income tax (PIT) until you withdraw funds from the account.

What is an investment account?

An investment account is a tax benefit for Lithuanian residents, defined in Article 17-1 of the Personal Income Tax Law (PITL). It allows:

not to pay PIT on investment returns annually;

to pay PIT only when funds are withdrawn from the account, and only on the amount exceeding the deposited funds.

For detailed information on the concept of an investment account, see the VMI FAQ section.

Does the Invest.MT5 account meet the requirements for an investment account?

Yes. The Admirals Invest.MT5 account, designed for trading in real stocks and ETFs, meets the requirements for an investment account because:

it is an account with a licensed financial brokerage firm (FBM);

it trades financial assets that fall within the list of investment instruments specified in Article 17-1, Part 1 of the Financial Markets Act.

More information about Invest.MT5 can be found here.

What must you do if you want to apply the investment account regime?

Notify the State Tax Inspectorate about opening an account by submitting the FR0953 form via the EDS system.

Declare all deposits and withdrawals from the account - annually, if there was movement.

Declare and pay GPT only if funds were withdrawn from the account during the tax period, and only on the profit (i.e. when the amount withdrawn exceeds the amount deposited).

What income can be declared through an investment account?

Using Invest.MT5, you can declare through an investment account:

Income from dividends (a separate GPM rate of 15% is applied, this benefit does not apply);

Income from the sale of shares and ETFs, when these are real financial instruments (not CFD instruments).

What is important to know?

An investment account can only be used by individuals who are permanent residents of Lithuania.

If you wish to potentially benefit from the investment account regime, it is important — as required by regulation — to follow the declaration procedure from the moment the account is opened.

The investor is fully responsible for investment and declaration.

If you have any additional questions regarding the recognition of an Invest.MT5 account as an investment account or its declaration, please contact our customer service team via the Admirals help center.

An investment account with Admirals can be an attractive option for those who want to invest in stocks and ETFs, with the potential for tax advantages subject to applicable tax rules, while also providing access to a flexible trading platform.

However, it is necessary to follow the declaration procedure established by the Tax Inspectorate and regularly monitor tax news. More information about declaring an investment account can be found on the Tax Inspectorate website: FAQ.

If you have additional questions or need assistance opening an investment account, please contact the Admirals customer service team or the Tax Inspectorate consultants.

For individual situations or detailed tax issues, it is recommended to consult with financial or tax specialists.