News
Tightened requirements for virtual currency service providers
On June 30, 2022, the Law of the Republic of Lithuania on the Prevention of Money Laundering and Terrorist Financing (law No. VIII-275) amending Articles…
Labour code amendments as of 1 August 2022
New amendments to the Labor Code of Lithuania are entering into force on August 1, 2022. Please check below the main changes that come into…
Changes in legislation regulating reduction of daily allowance
As of 1 July 2022 Government Resolution No. 526 “On the Payment of Daily Allowance and Other Business Trip Expenses”, which sets the maximum amounts…
Provision of information on beneficiaries to the Register of Legal Entities. What is IT important to know?
The start of a new year often brings new legislative changes or new opportunities to fulfill existing responsibilities. This year is no exception, as the…
Tax changes from 2022
Amendments to the Law on Personal Income Tax from 2022 1. From 2022 the minimum monthly wage increases The government has approved an…
Exit Tax in Lithuania
Starting 2020 new regulations related to transfer of assets to foreign countries were introduced to Lithuanian legislation and so-called exit tax was introduced. According to…
Increase of the business trip coefficient – illegal
The Constitutional Court of the Republic of Lithuania adopted the decision that the Government Resolution „On the amendment of the approval of the rules for…
Legal status of the citizens of the United Kingdom in Lithuania after Brexit
UK citizens and their family members who have acquired the right of residence in the Republic of Lithuania before 31 December 2020 have the same…
Registration for VAT purposes in Lithuania
Leinonen would like to inform you regarding the obligation for the Company to register for VAT purposes in Lithuania. VAT registration may be required in…