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Gencs Valters
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Doing business guide in Baltics.

Lietuvas juridiskie un nodokļu jaunumi

22.09.2021
E -Money/EMI Institutions for sale In UK and Europe (Lithuania, Malta): More than 20 Sales offers As...
21.09.2021
Electronic Money Institution in Lithuania for Sale Lithuania has set an ambitious goal of becoming a regional centre of excellence in the prevention of money laundering and terrorist...
17.09.2021
Small Electronic Money Institution in UK for sale In the United Kingdom, there are two types of EMIs which are Small EMI in UK (Small Electronic Money Institution UK) and Authorised...
16.09.2021
Electronic Money Institution in Malta for Sale Lately we introduced you with sales offers for Electronic Money Institution in UK , API in UK, it is clear that to operate with electronic...
15.09.2021
Electronic Money Institution in UK, Lithuania and Malta for Sale There are several options to acquire to E- money license in UK. As mentioned...
10.09.2021
Payment Institution in UK, Lithuania and Malta for Sale Despite of Brexit UK in Fintech business UK ranks as one of the leaders amongst European Union countries. London is...
09.09.2021
Electronic Money Institution in UK, Lithuania and Malta for Sale Now, in year 2021, process of transactions electronically using E-money has become...
25.05.2021
EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) – a remarkable opportunity for sale. If...
27.11.2018
From the January 1, 2019, there are changes in personal income tax in Lithuania. New monthly minimal wage is set at 555 Eur (bruto) and hourly wage at 3,39 Eur (bruto). Progressive personal income tax rates in...
18.10.2018
The list of the required documents for yacht registration in Latvia: your personal identification document (if you are the sole owner of the yacht as a natural person) of company’s registration certificate (if owner of the...
27.07.2018
Tax residency in Lithuania There are several possibilities how to become tax resident in Lithuania. Criteria for individuals to be considered a tax resident in Lithuania An individual (natural person) is treated as a tax...
10.04.2017
The program ‘Newcomer’ introduced by the Central Bank of Lithuania The Central Bank of Lithuania has made a promise to provide...
10.04.2017
The program ‘Newcomer’ introduced by the Central Bank of Lithuania The Central Bank of Lithuania has made a...
07.12.2016
On 15 November 2016 the Constitutional Court passed the judgement in Case No. 2015‑25‑01 “On Compliance of Section 60, Section 61 and Section 62 of...
19.09.2016
Latvia offers great incentives to incorporate for the Czech. Additionally, EU law implemented in the Latvia allows to exempt dividends withholding tax, as well as tax on interest and royalties. It is worth noting that...
02.09.2016
Requirements for company In order to benefit from reduced corporate income tax, a company shall have not more than 10 employees and its turnover shall not exceed 300 000 EUR during a fiscal year. For tax purposes...
18.08.2016
Opposing trademark in Lithuania There are 3 protections for trademarks in Lithuania: National, International and Regional (EU trademarks protection). Interested persons or their representatives may oppose...
09.08.2016
The right of representation in Lithuania The right of Legal representation in court as well as defence and representation in legal proceedings in Lithuania have licensed advocates. These professionals are mandatory...
05.07.2016
Since the restoration of the independence in 1990 Lithuania has been firmly applying the principle of prohibition of double citizenship. There are, however, exeptions that allow eligible...
10.06.2016
Corporate income tax in Lithuania is paid by domestic companies – residents, non-residents and non-resident permanent establishments that perform economic activity in the country. Taxable objects...

Latvijas juridiskie un nodokļu jaunumi

29.01.2020
Nhận thị thực Châu Âu (Latvia) và nhập cư vào Châu Âu cùng gia đình! Chúng tôi cung cấp...
05.10.2018
Our Law Firm on behalf of our client purchases creditor`s claims against JSC “ABLV Bank” in Latvia. We hereby inform, that our client has extensive experience in...
25.04.2017
When it comes to registration of a trademark in Europe, the European Union Intellectual Property Office holds the...
18.04.2017
At the beginning of the year, on 4thof January 2017, the Opposition Division of the EU...
07.03.2017
You are cordially invited to the 10th Business seminar on “Expatriate Tax planning 2017 in the Baltics“ in cooperation with Swedish Chamber of commerce in Latvia. The seminar takes place on...
13.01.2017
Recently the General Court, acting as a first instance of the European Court of Justice issued a judgement, which refers to the trade mark registration in the European Union, describing the relevant provisions,...
11.01.2017
On 13th of September 2016 the Second Chamber of the General Court issued a judgement regarding revocation proceedings of an EU trade Mark. The main parties in...
02.01.2017
The Nice Classification is a system used to classify goods and services for international trade mark...
21.12.2016
On November 23, 2016 were accepted amendments to the Micro enterprise Tax Law, establishing that from January 1, 2017 the applicable tax rate will be 5% and the rate will no...
17.11.2016
“Baltic Taxes” available on the Apple App Store and the Android Market Baltic Taxes is a tax planning and optimization application which helps the user to calculate the VAT, corporate and...
15.11.2016
Media Law in Latvia for publishing industry The main legal act for the publishing industry in Latvia is the Law on the Press....
09.11.2016
Basic principles of Media Law in Latvia At the core of Latvian Media Law is the prohibition of government censorship. Additionally, Media Law seeks to...
07.10.2016
This year’s annual meeting was held in Chicago, USA and it...
14.09.2016
Latvia offers great incentives to incorporate for the Czech. Double Taxation Avoidance Agreement signed between Latvia and Czech Republic includes possibilities of 5% tax on dividends and tax exemption for personal...
26.08.2016
At the summer of 2016 student from Finland (Helsinki) took part in internship in Gencs Valters Law firm. Intern took practical internship in Latvian office, Riga. Mitti...
13.07.2016
On July 1, 2016, amendments to the Immigration Law of the Republic of Latvia came into force, modifying the provisions for receiving temporary residence permit and reissuance of the...
20.06.2016
Latvia has listed 62 countries on a list of low or no tax states. Transactions with these countries have special regulations and are subject to particular taxes applicable for individuals and legal persons....

Igaunijas juridiskie un nodokļu jaunumi

01.11.2018
Yacht Registration in Estonia: The Right to Fly the Estonian Flag in order to register a yacht in Estonia, it is necessary to provide proof of the right to fly the Estonian flag. Consequently, it is important to...
23.12.2016
Amendments will enter into force on 18th January 2017. On Wednesday 14th of December, the Estonian Parliament adopted amendments to the Aliens Act with an objective of facilitating the settling...
24.11.2016
Basic principles of Media Law in Estonia The basic principles of Media Law in Estonia include the freedom of communication, the freedom to tell the truth, the avoidance of censorship, journalist...
12.07.2016
According to the Commercial Code there are five forms of business entities, which are created by entry into the Commercial Register: private limited company, public limited company, general partnership, limited...
01.06.2016
Corporate income tax in Estonia is paid by domestic companies – residents, permanent establishments of non-residents that perform economic activity in the country (including branches) and non-residents acting as...
29.04.2016
The Estonian Parliament adopted on 20th of April 2016 changes in the Estonian Income Tax Act, which aim was to take over the...
07.04.2016
The WIPO (The World Intellectual Property Organization) has the Recommendation for the Protection of Well-Known Marks that is ’soft-law’, meaning that it is not a binding legal instrument. Majority of the...
18.01.2016
Part 3 Paying the state fee for an real estate application in the Land Register After the conclusion of a purchase agreement, the state fee must be paid at a...
14.01.2016
Part 2 Concluding a reservation agreement After successfully examining through the relevant information and documents, the next step is to conclude a reservation...
11.01.2016
This article gives you an overview about the key requirements for purchasing or selling real estate in Estonia. This summary is not complete or exhaustive, since each particular category...
22.10.2015
Upcoming changes in submission of annual accounts in Estonia The Ministry of Justice of the Republic of Estonia has sent to the Government of Estonia a bill regarding changes in submission of the...
07.09.2015
Part three Types Of Agreement Employment contracts may be: non-term; fixed-term, temporary, seasonal; on additional work, secondary job; with home workers; on the supply of servicesand other. As a rule, an employment contract...
21.07.2015
Location Of Work/Mobility The employee’s normal place of work must be specified by the employer in writing. Mobility clauses can be included in the contract ofemployment, but they cannot be...
07.05.2015
As of 1st of April the Aliens Act that regulates the bases for the entry of foreigners into Estonia, their...
27.04.2015
Taxpayers Corporate income tax is paid by: domestic companies – residents; permanent establishments of non-residents that perform economic activity (including...
02.04.2015
Taking into account that there are different corporate tax rates in European Union member states, corporate income tax is used as a tool to attract...
24.03.2015
From January 2015 Estonian Commercial Code was amended. The most significant change was new simplified procedure for...
20.03.2015
On the 11th of February the Parliament of Estonia adopted new amendments to the Commercial Code. These...
17.02.2015
Structure Personal income tax is imposed on income acquired by a natural person, and it includes: income from employment; business income (self-employed income); gains from transfer of...
10.02.2015
The ruling regarding minimum rate of interest on fringe benefits from the Minister of Finance was nullified and staring from2015 issuing loans on market terms to the employees or persons equal...

Ja rodas kādi jautājumi, lūdzu kontaktēties ar advokātu Valteru Gencu: info@gencs.eu

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© Zvērināta advokāta Valtera Genca birojs, 2011
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Doing business guide in Baltics.