Leinonen Lithuania provides a wide range of
legal services to support your business. We offer a day-to-day legal support,
as well as legal consulting services in complicated non-standard
Leinonen Lithuania represents the interests of its clients at closings of transactions, dispute resolutions and other legal issues between private entities and with public institutions.
Our main areas of specialization are:
Legal support in establishment of companies, management of the necessary changes in the establishments and between shareholders. Assistance with company reorganizations (mergers, divisions, restructurings), share transactions, as well as suspension of business operations and liquidation.
We provide support in establishment and termination of the employment relationships, preparation of the internal HR documentation and representation of our clients’ interests in labor disputes, including court proceedings.
Leinonen offers preparation of various types of contracts (purchase, service, supply, loan, lease, tenancy, etc.) and consulting in the process of establishment and termination of the legal relations, assessing related risks and resolving disputes.
Bankruptcy and debt recovery
Consulting in issues related to insolvency and legal protection procedures. Preparation of required documentation for creditors and debtors (insolvency applications, creditor's claims, plans of legal protection procedures, etc.). Decision of the most suitable type of debt recovery procedures, preparation of debt recovery documentation and representation of clients in legal proceedings related to debt recovery.
Representation of our clients’ interests in the state administration institutions, providing legal assistance in administrative proceedings and court. Provision of support in communication with public administration and representing the client in the process of appellation of the decisions of public administration authorities..
Real estate transactions
Support to the real estate
transactions. Including preparation of necessary sales and acquisition
documentation, assessment of collaterals and encumbrances, corroboration of
rights in the Land Register, dispute resolution, as well as advising on issues
related to real estate lease rights.
Our legal team is providing consultations related to immigration law, traveling and residing and can assist you in the process of obtaining a residence permit.
We are advising on data protection issues, providing data audits, representation at the Data State Inspectorate, as well as consulting on the rules and application of the General Data Protection Regulation (GDPR).
Our legal team has gained an extensive professional experience by working in international law firms and public authorities. Please do not hesitate to contact us in case our legal assistance is necessary!
The Estonian commercial law is very flexible regarding the payment of dividends. The law does set several conditions on paying dividends (e.g. the submitted annual report showing the profit), but otherwise it is the decision of the shareholders of how and when they want to distribute profit.
This means that the profit can be distributed in instalments and does not need to be decided when approving the annual report. The shareholders can decide until the next submission of the annual report. The resolution of shareholders regarding dividend payments can be kept as an internal document (and not submitted to the register). The shareholders can also decide not to make any dividend payments at all and use the money for future investments instead.
In Estonia, the employment contracts are regarded as individual legal relationships. This means, that unlike in some other countries, there are no national collective agreements in Estonia which largely determine the contents of the employment agreement.
The Employment Contracts Act establishes the minimum requirements of an employment relationship and the conditions that need to be agreed upon in the employment contract. The parties have the freedom to agree or disagree on many conditions (such as job title, job duties, salary etc).
In conclusion, the Estonian law presumes that an employment contract is based on the needs of both parties.
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