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Doing Business Guide in the Baltics.
09.03.2012
Together with the Law on the Budget for the year 2012 there were some tax changes made in Lithuania. The purpose of these tax changes was to stimulate the development of the small...
08.03.2012
Baltic country Latvia Lithuania Estonia Share capital (EUR) 1-2900 2900 2500 State...
28.12.2011
Reverse VAT charge is introduced in Latvia by the law effective January 1, 2012. According to VAT reverse charge, construction company issues invoice for the services...
28.12.2011
The Parliament of Estonia has decided to abolish the sales tax in Tallinn beginning from January 1, 2012. Sales tax in Tallinn was implemented from the beginning of June 1, 2010 by Tallinn...
28.12.2011
The Parliament of Estonia has decided to exclude professional education and training costs from the taxable fringe benefits...
09.12.2011
On December 8, 2011 the Parliament has approved on the first reading amendments...
21.11.2011
As in the year 2010, also in year 2011 in Republic of Latvia tax rates changed and it affected every citizen – in the amount what had to be paid in specific taxes, in income, in prices of goods and services in...
14.11.2011
November, 2011 During the year of 2010 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial situation in their country. Lithuania, followed...
04.11.2011
The Protocol was signed on August 24, 2011 and it is amending the Agreement of June 7, 1996 for the prevention of...
03.11.2011
On January 1, 2011 Estonia adopted euro as currency instead of kroon, but it did not bring any significant changes on tax field as most of the numerical indicators were converted to euros with slight approximation in favor...
19.10.2011
October, 2011 During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial situation in their country. Lithuania,...
05.10.2011
September, 2011 During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial situation...
28.09.2011
September, 2011 New Estonian Language Act that was enforced on July 1, 2011 sets additional requirements for entrepreneurs in...
22.09.2011
On September 19, 2011 the Government of the Republic of Estonia and Government of the Republic of India signed an agreement for the...
22.09.2011
September, 2011 During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial situation in their country. Lithuania, followed by the crisis...
16.09.2011
ESTONIA TOPIC – ACCESS 1. Legal requirement Access to information is guaranteed by the Constitution of the Republic of Estonia. Article 44 which provides that everyone have the right to freely receive...
05.09.2011
As of the end of July, 2011 Lithuanian tax inspection applies new practice – royalties paid out to the company registered in other EU state are not taxed. Before that the withholding tax rate applicable to...
07.07.2011
Transfer pricing in Estonia Where goods, intangibles or services are transferred across the borders within multinational enterprises, transfer pricing becomes an important issue for the taxpayers as well as for the...
09.06.2011
One of the goals of State Inspection in Lithuania recently was to implement the new legal framework for the taxation of expatriates in Lithuania. So far tax law commentaries did not precise the...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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