We would like to inform you that Lithuanian Parliament adopted a new Labour Code of the Republic of Lithuania on 14 September 2016. The Labour Code will enter into force from 1 January 2017. The main aim of the new legislation is to liberalise work regulation and pursue more flexible relations between the employers and employees.
There are multiple reasons for business to invest in Eastern Europe. Some companies are attracted by growing economies and the increasingly wealthier middle class. Others simply want to reduce costs or benefit from the relatively skilled labor force. However, as the level of cross border transactions increases, companies want to monitor and control their financials more intensively. A reliable accounting partner becomes a valuable asset.
We have been helping international companies for years in the region. Our accountants and advisors are familiar with the issues that arise in challenging market environments. We will help you discover the full potential of your target markets.
Read more about our accounting, payroll and advisory services here!