News
Termination of Employment Relations if the Employee Lacks Adequate Occupational Competence for Performance of the Contracted Work
It is permitted to terminate employment contract only in the cases and in accordance with the procedure determined in the Labour Law. If the employee…
What does termination of company’s activity by the Register of Enterprises means?
Pursuant to the Law on the Prevention of Money Laundering and Terrorism and Proliferation Financing the Register of Enterprises of Republic of Latvia (hereinafter –…
Termination of Employment Relations in the Event of a Significant Violation Committed by an Employee
Termination of employment relations is permitted only on the grounds and in accordance with the procedure as determined in the Labour Law. One of such…
Why should my business outsource accounting services?
Being a business owner or a manager for your company can sometimes mean you are the one keeping an eye on everything. Being responsible for…
VAT GROUP REGISTRATION
What is the VAT group? Value Added Tax (hereinafter – the VAT) group is two or more taxable persons which has been established on…
Personal Income Tax liabilities in transactions with financial instruments
In this article, the procedure of applying Personal Income Tax (hereinafter – PIT) to the income of natural person–resident gained in transactions with financial instruments…
Significant Changes Regarding Obligation to Disclose Beneficial Owners
The Amendments to the Law on the Prevention of Money Laundering and Terrorism Financing (hereinafter — the Amendments), due to enter into force shortly, will…
Make it or break it – expanding your business abroad.
In the ‘90s when Finland was in recession, Mr. Leinonen stood before a difficult choice – to lay off many of his employees or take…
Proposed new VAT rules for vouchers
On June 27, 2016 the Council of the European Union adopted directive 2016/1065 amending Directive 2006/112/EC regarding the value added tax treatment to vouchers. New…