News
Hoping for the best, preparing for the worst – a business guide to surviving the corona pandemic
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…
New evidences while transporting goods to other EU countries
We would like to inform you that from January 1, 2020 the Council Implementing Regulation 2018/1912 amends the provisions of Regulation 282/2011 regarding the evidence…
What should be known for a EU citizen spending more than 3 months in Lithuania?
We notice that not all citizens of the EU Member States, spending more than 3 months in Lithuania, know that they can freely enter Lithuania…
LIST OF PERSONS NOT ALLOWED TO BE ELECTED AS THE MANAGEMENT BODY
Law on the legal entity insolvency came into force on 1 January 2020 in the Republic of Lithuania (hereinafter – the Law). The Law establishes…
Participation in VAT fraud – how to avoid it?
Leinonen tax team would like to share insights on where businesses should pay attention in order to avoid being involved in VAT fraud. 1. …
Changes in Stock Options taxation
On 1 February 2020 amendment of part 1 of Article 17 of Lithuanian Law on Personal Income Tax (PIT), which lists non-taxable income of the…
Business trips changes from 2020
Starting 1 January 2020 the following changes related to business trips come into force: 1. Daily allowances taxation In order to calculate…
New obligations related to foreign employees
We hereby inform that from 1 September 2019 the employers are obligated to inform Social Insurance Institution (hereinafter – Sodra) about: employed foreigners from third…
Potential changes in the pharmaceutical regulation
Disclosure of the information regarding the support provided 28 May 2019 the Parliament of the Republic of Lithuania has agreed to the proposal of the…