News

December 14, 2020

Legal News – Change in Legal Practices

Lithuanian courts are changing the legal practice in cases of non-competition and disclosure of confidential information Change in Legal Practices in regards to Non-Competition and…

Continue reading
November 13, 2020

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…

Continue reading
October 28, 2020

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…

Continue reading
August 20, 2020

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,…

Continue reading
July 29, 2020

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…

Continue reading
July 2, 2020

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,…

Continue reading
July 1, 2020

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…

Continue reading
May 6, 2020

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…

Continue reading
March 26, 2020

Hoping for the best, preparing for the worst

A healthy economy is the lifeblood of a nation, but in a situation where borders are closed, events cancelled and socialising heavily curbed, many industries…

Continue reading

Get in Touch

    +370 5237 5040