News
Tax News – Taxation and Salary Changes in Lithuania – 2021
Changes of minimum monthly salary from 1 January 2021 Leinonen’s team wishes to inform you that the minimum monthly salary has been increased by the…
Legal News – Change in Legal Practices in regards to Non-Competition and Disclosure of Confidential Information
Lithuanian courts are changing the legal practice in cases of non-competition and disclosure of confidential information On 28 May 2020, Court of Appeal of…
Employee Benefits – Contributions to Third Pillar Pension Funds
One of the most common long-term benefits offered to employees in Lithuania is contributions to third pillar pension funds. Accumulation in the third pillar pension…
Why Do Companies Stick with Poor Accounting & Payroll Providers?
For many businesses, outsourcing the accounting and payroll functions helps them simplify company operations whilst being able to take advantage of financial and legal specialists, optimise costs…
Labour Code Amendments – Lithuania
The newly adopted amendments of the Labour Code of Republic of Lithuania (LC) establish additional rights for employees taking into account their state of health,…
Labour Code Amendments regarding business trips to Lithuania
In order to implement the provisions of Directive (EU) 2018/957, from 30 July 2020 the amendments of Articles 108 and 109 of the Labour Code…
Business in Lithuania – Important notice regarding tax arrears
Essential information regarding tax arrears in Lithuania We would like to remind you that on 16 June 2020 the quarantine in Lithuania was terminated,…
Changes in non-taxable income in Lithuania
Non-taxable income amount changes starting 1 July 2020 In order to promote consumption and increase the income of the lowest earners, amendments to the Law…
COVID-19 – support for micro companies
We would like to inform that Lithuanian government has introduced new one-time subsidy which may be paid within 3 business days. The above-mentioned support measure…