News
Calculating payroll taxes in Lithuania
Payroll taxes in Lithuania play a significant role in regulating the remuneration of employees. The Labor Code of the Republic of Lithuania provides guidelines for…
Processes of optimization and workflows
„In a rapidly changing environment of business and technology, the field of accounting could not lag behind the development. Companies which had server based accounting…
Leinonen Lithuania welcomes the new country manager
Povilas Sadaunykas has been appointed as the new director of Leinonen Lithuania. In this position, he replaces Milda Ugianskienė, who has been the head of…
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…
Provision of information on beneficiaries
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…
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…
Citizens of the United Kingdom 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…