The 30-year-old actress is "in a period of renewal" and has chosen to clean her timeline with an aim to start a new chapter of her life, reported Femalefirst.
"I am so excited for this new chapter in my life," Lohan said.
The actress' manager Scott Carlsen added, "Lindsay in a period of renewal, and is very excited for what the new year holds.
"We are extremely happy here at team Lohan, thrilled to see everyone's reactions over the next year as we have some big projects lined up.