Easier debt recovery using PLAIS system

The system centralises administration of information on monetary fund restrictions, sends information to banks on restrictions orders and proportionally distributes funds to creditors. Previously a creditor who presented orders on funds restriction to a bank first, recovered his debt first.

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BUSINESS IN LITHUANIA

COMPANY REGISTRATION IN LITHUANIA Although the procedure to establish a business in Lithuania is quite straightforward, the help of experienced lawyers and specialists is needed. Throughout the…

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Public Holidays in Lithuania

Sitting at number 11 of almost 200 countries included in the World Bank’s ‘Ease of Doing Business’ ranking in 2020, Lithuania has climbed an impressive…

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Christmas Bonuses in Lithuania: Tax, Payroll and Accounting Implications - Leinonen
December 2, 2025

Christmas Bonuses in Lithuania: Tax, Payroll and Accounting Implications

Christmas bonuses in Lithuania can be either performance-based or provided as a gesture of goodwill during the festive season. While a 13th month bonus is…

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