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Doing Business Guide in the Baltics.
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...
07.07.2015
Legal Requirements As To The Form Of Agreement
There is no legal requirement for a contract to be in writing. If a person does work for another person for remuneration, it is presumed to be an employment contract and...
11.06.2015
Part one
Forums For Adjudicating Employment Disputes
The Labour Inspectorate has exclusive jurisdiction for most employment claims, but in certain cases and when the parties fail to reach...
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...
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...
22.12.2014
Concept of Franchise
Franchise is regulated in Estonia under Law of Obligations act. The act defines that franchise is a contract where one person undertakes to grant to another person a set of rights and information that belongs to the...
04.12.2014
Ministry of Justice in Estonia have proposed that starting from 2016 failure to submit annual reports on time would lead to fines. Also, Ministry...
24.11.2014
Framework of commercial competition in Estonia is provided in the...
19.11.2014
Relocating your business to another country or city is not only an excellent way to expand your company but it is also a great way to reduce and optimize costs and taxes. The most common question is: which country (or city) to...
13.10.2014
Annual reports
The length of a financial year is estimated to twelve months (one calendar year, unless provided otherwise). There are several cases where the financial year may be shorter or longer than the previously mentioned term,...
24.09.2014
E-money institution can be registered as Limited Liability Company or Joint Stock Company. The share capital of e-money institution has to be at...
02.09.2014
Arbitration is not a novelty way to resolve disputes, however in recent years it has been gaining momentum in Lithuania. The main reason for this...
27.06.2014
Our lawyer in Vilnius attended Nordic-Baltic Midsummer celebration organised by Chambers of Commerce
On June 19, the Nordic and Baltic Embassies together with their Chambers of Commerce celebrated...
11.06.2014
In...
05.06.2014
Lithuanian Parliament has recently voted in favour of acceptance of the Law on Euro adoption in the Republic of Lithuania (hereinafter – the Law). The Law will establish the...
19.09.2013
Lithuanian High Court in June, 2013 adjudicated in favor of non-professional investor and set the...
05.09.2013
In 2013 august it was indicated the administrator of BAB Ūkio...
10.05.2013
Gencs Valters Law Firm is a pan-Baltic law firm established in 2000 in Latvia (Riga),...