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 not from his / her employer.
We would like to note, that it is not important, whether the author has employment relationships with other employers.
Moreover, from the 1st of August 2017 income received on the grounds of copyright license agreements is exempted from the social security contributions.
For company managers, employee motivation must be considered in several aspects, including the selection of effective incentives and accurately calculating the budget allocated to them.…
In recent years, the Lithuanian Register of Legal Entities (hereinafter – the Register Center) intensified its monitoring of companies that are not conducting business or…
COMPANY ESTABLISHMENT Although the procedure to establish a business in Lithuania is quite straightforward, the help of experienced lawyers and specialists is needed. Throughout the…
