News
Does the lessee always have a priority right to extend the Rent Agreement?
In accordance with this Decision, the Court is changing the practice which was formed in the commercial relations, whereas the companies can agree on the…
New regulations of Lithuanian Law on Companies
Maximum amount of the shareholders of private limited liability company According to the changed Article 2 of Law on Companies, the limitations on the maximum…
Personal income tax law changes from 2018
I. Gifts and prizes from employers when value of prize or gift does not exceed EUR 200, are considered non-taxable income. Until…
Requirement to notify regarding workers posted to Finland
If a company posts worker to Finland by an internal transfer within one group of companies for no longer than 5 working days, the notification…
Royalties taxation has been changed
From the 1st of August 2017 the social insurance contributions should be paid only from 50% of the royalty’s amount, if the author receives income…
Amendments related to the application of 0% VAT rate to transportation services
The Court established, that transportation services related to the exportation / importation of goods should be treated as services which are directly related to the…
The new Labour Code
Will the employers be obliged to amend the existing employment contracts after NLC comes into force? The revision of the existing employment contracts is not…
Tax arrears could be taken over, repaid or transferred to others
According to the amendments, the following restrictions for debtor and person who takes over the tax arrears, were dismissed: to transfer tax arrears taken to…
Employers’ obligation to inform about posted workers
The application should be filled in the Lithuanian language and could be submitted by e-mail, fax or e-services no later than 1 day before the…