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Doing Business Guide in the Baltics.
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...
28.12.2016
Basic principles of Media law in Lithuania The core principle of media law in the Republic of Lithuania is the right of an individual to seek, obtain, and disseminate information and ideas...
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...
18.05.2016
If one is planning to start a company and business in Lithuania, they should be aware of the company name requirements in the country. Please be informed on requirements on company names valid in Lithuania as...
21.04.2016
A micro company (MB) is a legal form of business that was introduced in Lithuania in 2012. MB is not required to have a minimum share capital, thus a micro company may be...
07.03.2016
Part 3 Register the transfer of title to the property in the Real Estate Register According to the Lithuanian law, the registration of...
03.03.2016
Part 2 Request for clarification and revision of cadastral and registration data For the execution of the sale-purchase agreement a notary...
29.02.2016
Part 1 This real estate guide gives an overview introduction to the key requirements when buying or selling real estate in Lithuania. This article is...
26.02.2016
Our law firm represents log house producer from Netherlands in civil case regarding infringement of registered community design rights. Claim is raised in Vilnius county court...
21.10.2015
Consolidated reporting is regulated by the Law on Consolidated Financial Statements of Enterprises. An entity having one or several subsidiary undertakings must draw up...
20.10.2015
The government has approved the proposal submitted by the Ministry of Social Security and Labour to increase minimum wage following July 1, 2015. The new monthly minimum wage...
03.09.2015
Every product has its own features such as lines, contours, colors, shape, texture and materials used, or its ornamentation. The design of a product is very important and can be protected by registering it as a...
05.08.2015
Protecting EU market from counterfeit products is a constant struggle. For this reason, new systems to protect intellectual property right holders are...
03.08.2015
Nowadays word-of-mouth is not considered a reliable way to inform customers about company’s production. Advertising is crucial in order to get rapid sales of a product or service, and to have a successful...
14.07.2015
Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors often ask “is it really worth it”?...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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