https://gencs.eu/ Zvērināta advokāta Valtera Genca birojs en http://blogs.law.harvard.edu/tech/rss 20 Tevale RSS generator https://gencs.eu/news/view/4058 Wed, 07 Jul 2021 18:06:35 +0300 https://gencs.eu/news/view/4058 Malta has always been one of the most attractive country for the foreign investors. The situation has changed after the https://gencs.eu/news/view/4051 Mon, 24 May 2021 17:40:08 +0300 https://gencs.eu/news/view/4051 EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) – a remarkable opportunity for sale. If you are considering https://gencs.eu/news/view/4045 Fri, 26 Feb 2021 15:03:53 +0200 https://gencs.eu/news/view/4045 UPDATE: Low - Tax and Tax - Free countries in Latvia 2021 Lately we have informed you about low – tax https://gencs.eu/news/view/4039 Wed, 24 Feb 2021 10:12:56 +0200 https://gencs.eu/news/view/4039 Low - Tax and Tax - Free countries in Latvia 2021 (Full list) With effect from January 1, 2021, regulations on https://gencs.eu/news/view/4033 Tue, 10 Nov 2020 16:44:14 +0200 https://gencs.eu/news/view/4033 Double tax agreements in Latvia Tax treaties protect both taxpayer and state interests. It is a guarantee for sustainable business https://gencs.eu/news/view/4027 Tue, 02 Jun 2020 13:00:31 +0300 https://gencs.eu/news/view/4027 Payroll Tax calculation – Latvia 2020 To commence payroll tax calculation in Latvia, it should be noted that employer deducts personal https://gencs.eu/news/view/4021 Thu, 28 May 2020 12:31:54 +0300 https://gencs.eu/news/view/4021 Electronic Money Institution EMI and SEPA in Lithuania and UK   SEPA connections may be done by Electronic money institution (EMI) or https://gencs.eu/news/view/4015 Tue, 14 Apr 2020 17:57:50 +0300 https://gencs.eu/news/view/4015 COVID - 19 as force majeure ground in Baltic states   Agreements and contracts constitute an inalienable part of our lives and https://gencs.eu/news/view/4009 Thu, 09 Apr 2020 18:23:07 +0300 https://gencs.eu/news/view/4009 New amendments to requirements for Crypto companies   Since the adoption of the 5th Anti-Money Laundering Directive (AMLD5) Estonian companies dealing with https://gencs.eu/news/view/4003 Fri, 06 Mar 2020 18:44:25 +0200 https://gencs.eu/news/view/4003 На данный момент, процесс регистрации флага судна в Республике Латвия является простым и располагающим для регистрации иностранных судов под флагом https://gencs.eu/news/view/3997 Fri, 28 Feb 2020 19:00:23 +0200 https://gencs.eu/news/view/3997 Корабли под латвийским флагом являются объектом латвийского тоннажного налога, который считается одним из наинизших тоннажных налоговых режимов в мире и, https://gencs.eu/news/view/3991 Fri, 21 Feb 2020 10:58:43 +0200 https://gencs.eu/news/view/3991 Immigration visa to Europe (EU) – Latvia Perspective   Get visa to Europe (Latvia) and immigrate to Europe with your family!   https://gencs.eu/news/view/3985 Wed, 19 Feb 2020 17:55:18 +0200 https://gencs.eu/news/view/3985 Страны из «черного списка» Латвии в 2018 году   На встрече Государственных Секретарей был представлен проект Регламента в отношении безналоговых или с https://gencs.eu/news/view/3979 Tue, 18 Feb 2020 13:12:54 +0200 https://gencs.eu/news/view/3979 获得欧洲（拉脱维亚）的签证并跟家人移民到欧洲！    我们提供欧洲（拉脱维亚）的工作签证，该签证可让您在申根地区的26个国家自由旅行。以下列出26个国家，包括奥地利、匈牙利、挪威、比利时、冰岛、波兰、捷克共和国、意大利、葡萄牙、丹麦、拉脱维亚、斯洛伐克、爱沙尼亚、列支敦士登、斯洛文尼亚、芬兰、立陶宛、西班牙、法 https://gencs.eu/news/view/3973 Tue, 18 Feb 2020 13:05:26 +0200 https://gencs.eu/news/view/3973 Nhận thị thực châu Âu (Latvia) và nhập cư vào châu Âu cùng gia đình!   Chúng tôi cung cấp thị thực https://gencs.eu/news/view/3967 Mon, 03 Feb 2020 10:39:03 +0200 https://gencs.eu/news/view/3967   获得欧洲（拉脱维亚）的签证并跟家人移民到欧洲！    我们通过获得拉脱维亚的欧盟居留许可证提供欧洲（拉脱维亚）的移民，该许可证允许您在申根地区的欧洲申根国家自由旅行。前往欧洲（拉脱维亚）的签证或所谓的居留许可证允许投资者及其家庭可以移民到欧洲。   https://gencs.eu/news/view/3961 Mon, 03 Feb 2020 10:32:57 +0200 https://gencs.eu/news/view/3961 Chúng tôi cung cấp dịch vụ nhập cư vào châu Âu bằng giấy cư trú của Liên minh châu Âu https://gencs.eu/news/view/3955 Wed, 29 Jan 2020 10:28:19 +0200 https://gencs.eu/news/view/3955 Cryptocurrency license in Estonia - New requirements   Previously we wrote about Cryptocurrency license in Estonia and requirements from the government. This article https://gencs.eu/news/view/3949 Wed, 29 Jan 2020 09:51:17 +0200 https://gencs.eu/news/view/3949 https://gencs.eu/news/view/3943 Wed, 29 Jan 2020 09:49:24 +0200 https://gencs.eu/news/view/3943 Nhận thị thực Châu Âu (Latvia) và nhập cư vào Châu Âu cùng gia đình!   Chúng tôi cung cấp dịch vụ https://gencs.eu/news/view/3937 Fri, 10 Jan 2020 09:33:10 +0200 https://gencs.eu/news/view/3937 Get visa to Europe (Latvia) and immigrate to Europe with your family!   We offer immigration to Europe (Latvia) by acquiring European https://gencs.eu/news/view/3931 Wed, 08 Jan 2020 10:24:27 +0200 https://gencs.eu/news/view/3931 The decision of the voluntary liquidation of ABLV Bank in Latvia was taken as a result of decisions taken by https://gencs.eu/news/view/3925 Mon, 06 Jan 2020 18:02:32 +0200 https://gencs.eu/news/view/3925 Ship Taxation in the Republic of Latvia    The ships under a Latvian flag are taxed subject to the Latvian tonnage tax https://gencs.eu/news/view/3919 Mon, 06 Jan 2020 17:40:22 +0200 https://gencs.eu/news/view/3919 Register your Ship Under the Latvian Flag From Anywhere In the World       The ship flag registration process in the Republic of https://gencs.eu/news/view/3913 Thu, 11 Jul 2019 09:51:25 +0300 https://gencs.eu/news/view/3913 Free economic zones in Lithuania offer everything you need to ramp up your productivity and boost your business growth: from https://gencs.eu/news/view/3907 Tue, 30 Apr 2019 14:29:53 +0300 https://gencs.eu/news/view/3907 There are several easy ways to acquire a residence permit in Lithuania and be able to live and travel in https://gencs.eu/news/view/3901 Mon, 29 Apr 2019 12:02:41 +0300 https://gencs.eu/news/view/3901 In Latvia on April 1, 2019 entered into force Commercial secret protection Law. The new Law was drafted in order to https://gencs.eu/news/view/3895 Thu, 24 Jan 2019 11:12:50 +0200 https://gencs.eu/news/view/3895 Personal Income Tax in Lithuania (PIT) PIT rate: 20% and 27%. 20% rate applies to all labour derived income not exceeding 120 https://gencs.eu/news/view/3889 Tue, 04 Dec 2018 15:52:53 +0200 https://gencs.eu/news/view/3889 Effective 1st January 2019, the threshold for the social security contributions in Latvia will be increased from EUR 55,000 to EUR https://gencs.eu/news/view/3883 Thu, 08 Nov 2018 10:34:26 +0200 https://gencs.eu/news/view/3883 The Estonian Payment Institutions and E-money Institution Act defines e-money as monetary value that is stored on an e-money device https://gencs.eu/news/view/3869 Fri, 05 Oct 2018 13:02:26 +0300 https://gencs.eu/news/view/3869 Our Law Firm on behalf of our client purchases creditor`s claims against JSC “ABLV Bank” in Latvia. We hereby inform, that https://gencs.eu/news/view/3863 Thu, 27 Sep 2018 16:48:43 +0300 https://gencs.eu/news/view/3863 The rules have become unified in the EU following the implementation of the Intra-Corporate Transfer Directive (ICT) 2014/66/EU. The ICT https://gencs.eu/news/view/3851 Fri, 10 Aug 2018 14:34:17 +0300 https://gencs.eu/news/view/3851 Our Law Firm Attorneys provide legal assistance to persons in anti-money laundering matters.   One of the key issues in the prevention https://gencs.eu/news/view/3845 Tue, 07 Aug 2018 16:34:23 +0300 https://gencs.eu/news/view/3845 Our Law Firm Attorneys provide legal assistance to persons in anti-money laundering matters.   One of the key issues in the prevention https://gencs.eu/news/view/3839 Thu, 21 Jun 2018 14:09:58 +0300 https://gencs.eu/news/view/3839 Our managing partner Valters Gencs gave a presentation on immigration to Latvia, Lithuania and Estonia in the GMS – AILA https://gencs.eu/news/view/3833 Mon, 11 Jun 2018 17:16:05 +0300 https://gencs.eu/news/view/3833 In Estonia there are two specific licenses that are needed when company deals with cryptocurrencies in a certain way. One https://gencs.eu/news/view/3827 Tue, 29 May 2018 12:39:24 +0300 https://gencs.eu/news/view/3827 One way to gather cryptocurrency is to mine it, which is actually quite a describing term for it. There are https://gencs.eu/news/view/3821 Tue, 22 May 2018 16:04:36 +0300 https://gencs.eu/news/view/3821 According to the recent amendments in Law on the Prevention of Money Laundering and Terrorism Financing (hereinafter – Amendments), all https://gencs.eu/news/view/3815 Tue, 08 May 2018 16:11:50 +0300 https://gencs.eu/news/view/3815 Because there are no clear law directly concerning cryptocurrency, a preliminary assessment of the tokens would be helpful. Especially if https://gencs.eu/news/view/3809 Mon, 23 Apr 2018 14:28:56 +0300 https://gencs.eu/news/view/3809 EMI licence fee Prior to applying for an EMI licence it is necessary to pay into the account of the State https://gencs.eu/news/view/3803 Tue, 17 Apr 2018 14:12:37 +0300 https://gencs.eu/news/view/3803 PI licence fee Prior to applying for a payment institution licence in Lithuania, it is necessary to pay into the account https://gencs.eu/news/view/3797 Fri, 13 Apr 2018 16:00:48 +0300 https://gencs.eu/news/view/3797 Documents and information to be submitted to the Bank of Lithuania In order to be granted an electronic money licence, a https://gencs.eu/news/view/3791 Tue, 10 Apr 2018 10:34:43 +0300 https://gencs.eu/news/view/3791 The authorization process of Electronic Money Institution (EMI) licence is conducted by the Bank of Lithuania. There is a specific https://gencs.eu/news/view/3785 Thu, 05 Apr 2018 11:33:55 +0300 https://gencs.eu/news/view/3785 There are several possibilities how one can obtain a temporary residence permit in Latvia. Immigration law in Latvia also determines https://gencs.eu/news/view/3779 Fri, 23 Mar 2018 16:51:33 +0200 https://gencs.eu/news/view/3779 What about establishing a cryptocurrency in Estonia? Cryptocurrencies in Estonia are becoming more popular. Most new cryptocurrencies are initiated with an https://gencs.eu/news/view/3773 Wed, 21 Mar 2018 17:22:11 +0200 https://gencs.eu/news/view/3773 A development of a startup in Estonia is the governmental program for attracting people all over the world to create https://gencs.eu/news/view/3767 Thu, 15 Mar 2018 18:27:17 +0200 https://gencs.eu/news/view/3767 One of the important activities that banks conduct is the clarification of the origins of the funds and compliance with https://gencs.eu/news/view/3761 Thu, 01 Mar 2018 17:01:41 +0200 https://gencs.eu/news/view/3761 ABLV Bank has come under intense scrutiny in Latvia in the past weeks, leading to its liquidation. The bank itself https://gencs.eu/news/view/3755 Tue, 27 Feb 2018 14:02:45 +0200 https://gencs.eu/news/view/3755 Liquidation of ABLV Bank in Latvia               The ECB has decided to terminate the activity of ABLV Bank in Latvia as https://gencs.eu/news/view/3749 Thu, 22 Feb 2018 16:37:00 +0200 https://gencs.eu/news/view/3749 A number of  days ago,  all transfer procedures regarding clients’ payments and bank activities of ABLV Bank in Latvia were https://gencs.eu/news/view/3742 Tue, 20 Feb 2018 17:06:02 +0200 https://gencs.eu/news/view/3742 Do you have a bank account at ABLV Bank in Latvia and you are worried about the lastest news regarding https://gencs.eu/news/view/3736 Tue, 06 Feb 2018 16:48:43 +0200 https://gencs.eu/news/view/3736 For the protection of the trade mark for the goods/services, the first owner should provide evidence of the genuine actual https://gencs.eu/news/view/3728 Fri, 02 Feb 2018 11:17:44 +0200 https://gencs.eu/news/view/3728 Since 2014, Estonia  revealed the oppertunityt for alines to become Estonian e-Residents.   Estonian e-residency is available to anyone around the world https://gencs.eu/news/view/3720 Tue, 30 Jan 2018 11:47:10 +0200 https://gencs.eu/news/view/3720 A brief description of the case General Court (the Court) granted a judgement on the opposition to the registration of an https://gencs.eu/news/view/3714 Wed, 06 Dec 2017 16:19:31 +0200 https://gencs.eu/news/view/3714 From June 2017, when the new Public procurement law in Lithuania came into force, and there were newly established requirements https://gencs.eu/news/view/3708 Tue, 21 Nov 2017 15:04:47 +0200 https://gencs.eu/news/view/3708 In the meeting of Secretaries of State was presented the draft of the Regulation regarding low tax or tax-free countries https://gencs.eu/news/view/3702 Thu, 16 Nov 2017 16:15:55 +0200 https://gencs.eu/news/view/3702 The new Lithuanian Labor Code has  fixed wide a range of employment agreements in Lithuania, which makes employment relations very https://gencs.eu/news/view/3695 Wed, 25 Oct 2017 12:22:02 +0300 https://gencs.eu/news/view/3695 Our Law Firm Attorneys provide legal assistance to persons in extradition matters.   A person who is located in the territory of https://gencs.eu/news/view/3688 Wed, 18 Oct 2017 16:04:43 +0300 https://gencs.eu/news/view/3688 Recently, the Ministry of Justice of the Republic of Latvia has proposed new amendments to the Commercial law of Latvia https://gencs.eu/news/view/3682 Mon, 09 Oct 2017 17:25:33 +0300 https://gencs.eu/news/view/3682 Companies are obligated to inform the tax administration about any loans granted to the shareholders. According to the provisions of https://gencs.eu/news/view/3676 Thu, 05 Oct 2017 16:03:15 +0300 https://gencs.eu/news/view/3676 From 1 August 2017, the Act amending the Income Tax Act and other related Acts entered into force, which amended https://gencs.eu/news/view/3670 Tue, 03 Oct 2017 16:36:05 +0300 https://gencs.eu/news/view/3670 Companies in Estonia shall be obliged to report to the commercial register about the ultimate beneficial owners of a company. https://gencs.eu/news/view/3664 Fri, 18 Aug 2017 15:33:22 +0300 https://gencs.eu/news/view/3664 In what extent does the European Union trademark protection affect the fundamental principle of the free movement of goods in https://gencs.eu/news/view/3658 Wed, 16 Aug 2017 15:33:01 +0300 https://gencs.eu/news/view/3658 Registration of national trademark is an administrative procedure, different than EU trademark registration, because it is initiated by the holder https://gencs.eu/news/view/3651 Thu, 10 Aug 2017 17:40:17 +0300 https://gencs.eu/news/view/3651 Personal income tax and social contribution in Latvia 2017 Choosing a place of temporary or permanent residence can be based on https://gencs.eu/news/view/3645 Tue, 08 Aug 2017 13:55:41 +0300 https://gencs.eu/news/view/3645 Commencement of activity is assumed to be the start of regular economic activities of a natural or legal person in https://gencs.eu/news/view/3639 Fri, 04 Aug 2017 17:06:06 +0300 https://gencs.eu/news/view/3639 The current conditions and rules, regulating the procedures of EUTM Registration will be subjects to the amendments. On 23th of https://gencs.eu/news/view/3633 Wed, 02 Aug 2017 16:47:39 +0300 https://gencs.eu/news/view/3633 On 26th of July 2017, The Board of Appeal issued decision regarding EUTM appeal proceedings between Distribuidora Latinoandina S.L., headquartered https://gencs.eu/news/view/3627 Mon, 31 Jul 2017 10:42:44 +0300 https://gencs.eu/news/view/3627 Corporate income and micro-company tax changes in Latvia 2017 When considering establishing a company, making profit, employing workers, and other activities https://gencs.eu/news/view/3621 Thu, 27 Jul 2017 14:52:21 +0300 https://gencs.eu/news/view/3621 In Lithunia commencement of activity is assumed when foreign natural or legal persons carry out any kind of economic activities https://gencs.eu/news/view/3615 Wed, 26 Jul 2017 17:46:21 +0300 https://gencs.eu/news/view/3615 Modern economic conditions require a new approach to the market environment and the objective protection of the products offered and https://gencs.eu/news/view/3609 Mon, 24 Jul 2017 14:54:27 +0300 https://gencs.eu/news/view/3609 If an applicant has already registered his earlier national trademark and as well intend to register EU Trademark after all, https://gencs.eu/news/view/3603 Fri, 21 Jul 2017 10:28:24 +0300 https://gencs.eu/news/view/3603 On 27th of November 2014, the Spanish applicant VIDAL GOLOSINAS, S.A. sought to register an EUTM for goods and services https://gencs.eu/news/view/3597 Thu, 20 Jul 2017 17:22:52 +0300 https://gencs.eu/news/view/3597 Commencement of activity is assumed to be the start of regular economic activities of a natural or legal person in https://gencs.eu/news/view/3591 Wed, 19 Jul 2017 15:28:39 +0300 https://gencs.eu/news/view/3591 On 27th of July 2015, an applicant sought to register EU trade mark with the following figurative elements: oval shape, https://gencs.eu/news/view/3585 Tue, 18 Jul 2017 16:48:49 +0300 https://gencs.eu/news/view/3585 Violation of work remuneration provisions is subject to criminal liability   The Legal Committee of the Parliament of Latvia (Saeima) concluded its https://gencs.eu/news/view/3579 Mon, 17 Jul 2017 13:22:35 +0300 https://gencs.eu/news/view/3579 In 2008, the company Future Enterprises, of Singapore, applied for European trademark registration of the MACCOFFEE for foodstuffs and beverages, https://gencs.eu/news/view/3573 Fri, 14 Jul 2017 16:52:08 +0300 https://gencs.eu/news/view/3573 After the application for EUTM registration is filled, the opponent could oppose by opposition against the contested good and services. https://gencs.eu/news/view/3567 Thu, 13 Jul 2017 14:16:20 +0300 https://gencs.eu/news/view/3567 The Parliament of Estonia (Riigikogu) on July 12, 2014 concluded its work on the amendments to the Criminal Law, providing https://gencs.eu/news/view/3561 Wed, 12 Jul 2017 11:07:36 +0300 https://gencs.eu/news/view/3561 On 25th of January 2017, the opposition division of the EUIPO took a decision regarding opposition on behalf of the https://gencs.eu/news/view/3555 Tue, 11 Jul 2017 14:10:02 +0300 https://gencs.eu/news/view/3555 Violation of work remuneration provisions in Lithuania is a subject to administrative liability     The Parliament of Lithuania (Seimas) on June https://gencs.eu/news/view/3549 Mon, 10 Jul 2017 10:50:56 +0300 https://gencs.eu/news/view/3549 On 20.01.2017, the Cancellation Division of the EUIPO issued a decision regarding application for cancellation of a Trademark registered in https://gencs.eu/news/view/3543 Fri, 07 Jul 2017 11:31:55 +0300 https://gencs.eu/news/view/3543 On 24th of March, 2016, a EUTM application was filled in order to protect the mark "AUTHENTIC", which basically belongs https://gencs.eu/news/view/3537 Mon, 03 Jul 2017 11:54:24 +0300 https://gencs.eu/news/view/3537 After Brexit becomes a reality the UK will loose its EU trade mark (EUTM) and community design courts. Since the https://gencs.eu/news/view/3531 Wed, 14 Jun 2017 10:22:00 +0300 https://gencs.eu/news/view/3531 Expatriate Tax Planning in the Baltics The International Tax Specialist Group (ITSG) is a network of skilled tax specialists. Each ITSG https://gencs.eu/news/view/3525 Thu, 08 Jun 2017 10:42:58 +0300 https://gencs.eu/news/view/3525 Option is defined as a financial derivative that represents a contract sold by one party (the option writer) to another https://gencs.eu/news/view/3519 Fri, 21 Apr 2017 12:24:13 +0300 https://gencs.eu/news/view/3519 When it comes to registration of a trademark in Europe, the relevant procedure is held by the European Union Intellectual https://gencs.eu/news/view/3513 Wed, 19 Apr 2017 17:36:28 +0300 https://gencs.eu/news/view/3513   The European Union trademark registration gives exclusive rights in all current and future countries - members of the European Union https://gencs.eu/news/view/3507 Wed, 12 Apr 2017 14:19:46 +0300 https://gencs.eu/news/view/3507 On 4th of January 2017, the Opposition Division of the EU Intellectual Property Office issued a decision regarding opposition against https://gencs.eu/news/view/3501 Thu, 23 Mar 2017 09:59:09 +0200 https://gencs.eu/news/view/3501 On 19th of December 2016, the Opposition Division issued a decision regarding opposition against application of an EU trademark. The https://gencs.eu/news/view/3495 Fri, 17 Mar 2017 07:16:41 +0200 https://gencs.eu/news/view/3495 According to the European Union Trademark Regulation (EUTMR) the owner of a registered EU trademark is entitled to several rights https://gencs.eu/news/view/3489 Wed, 15 Mar 2017 10:27:47 +0200 https://gencs.eu/news/view/3489 Under European Union trademark implementing regulation (EUTMIR) there is a requirement for the trademark use, which determines that the EU https://gencs.eu/news/view/3483 Mon, 13 Mar 2017 12:57:40 +0200 https://gencs.eu/news/view/3483   Recently Opposition Division of European Union Intellectual Property Office (EUIPO) rejected and EU trademark due to the likelihood of confusion https://gencs.eu/news/view/3477 Thu, 09 Mar 2017 16:10:41 +0200 https://gencs.eu/news/view/3477 On 23 March 2016 Regulation (EU) No 2015/2424 of the European Parliament and the Council regarding the EU trade marks https://gencs.eu/news/view/3471 Tue, 07 Mar 2017 16:19:06 +0200 https://gencs.eu/news/view/3471 You are cordially invited to the 10th Business seminar on “Expatriate Tax planning 2017 in the Baltics“ in cooperation with https://gencs.eu/news/view/3465 Mon, 06 Mar 2017 18:11:31 +0200 https://gencs.eu/news/view/3465 On 12th of December 2016, the Opposition Division as part of the European Union Intellectual Property office, has issued a https://gencs.eu/news/view/3459 Wed, 01 Mar 2017 17:46:33 +0200 https://gencs.eu/news/view/3459 On 10 November 2016, The Court of Justice of The European Union issued a decision regarding a preliminary ruling request https://gencs.eu/news/view/3453 Mon, 27 Feb 2017 09:49:33 +0200 https://gencs.eu/news/view/3453 Recently the final decision was made by the General Court of European Union regarding EUTM registration after the dispute was https://gencs.eu/news/view/3447 Thu, 23 Feb 2017 10:33:14 +0200 https://gencs.eu/news/view/3447 Opposition Division of the European Union Intellectual Property Office (EUIPO) as well as the Board of Appeal in the appeal https://gencs.eu/news/view/3441 Tue, 21 Feb 2017 13:47:24 +0200 https://gencs.eu/news/view/3441 Board of Appeal of the European Union Intellectual Property Office (EUIPO) recently made a decision concerning the criteria for trademark https://gencs.eu/news/view/3435 Fri, 17 Feb 2017 16:09:10 +0200 https://gencs.eu/news/view/3435 MARQUES is an Association, which helps the brand owners with registration of trademarks in the European Union (EU) and worldwide. https://gencs.eu/news/view/3429 Mon, 06 Feb 2017 15:29:37 +0200 https://gencs.eu/news/view/3429 Recently the General Court (European Union) made a decision regarding the relative grounds for refusal of European Union trade mark https://gencs.eu/news/view/3423 Thu, 02 Feb 2017 13:52:03 +0200 https://gencs.eu/news/view/3423   ECTA (European Communities Trade Mark Association) founded in 1934. ECTA assist trademark professionals with trademark registrations in European Union (EU) with https://gencs.eu/news/view/3411 Thu, 26 Jan 2017 12:43:33 +0200 https://gencs.eu/news/view/3411 CITMA Founded in 1934, chartered in 2016, The Chartered Institute of Trade Mark Attorneys (CITMA) (https://www.citma.org.uk/home) is a professional membership https://gencs.eu/news/view/3399 Mon, 23 Jan 2017 15:31:48 +0200 https://gencs.eu/news/view/3399 On 12 December 2016, the Executive Director of the European Union Intellectual Property Office (EUIPO) signed the Decision adopting the https://gencs.eu/news/view/3393 Fri, 20 Jan 2017 15:32:03 +0200 https://gencs.eu/news/view/3393 Value Added Tax   VAT is 20%. VAT is 9% in case of: books and workbooks used as learning materials; medicinal products, contraceptive preparations, sanitary https://gencs.eu/news/view/3387 Thu, 19 Jan 2017 14:01:26 +0200 https://gencs.eu/news/view/3387 On 23 March 2016 Regulation (EU) No 2015/2424 of the European Parliament and the Council regarding the EU trade marks https://gencs.eu/news/view/3375 Tue, 17 Jan 2017 16:04:42 +0200 https://gencs.eu/news/view/3375 The so-called (ECTA) by itself is an association, dealing mainly with the trademarks in the EU and all related aspects. https://gencs.eu/news/view/3369 Tue, 17 Jan 2017 15:47:05 +0200 https://gencs.eu/news/view/3369 On 13th of September 2016 the Second Chamber of the General Court issued a judgement regarding revocation proceedings of an https://gencs.eu/news/view/3363 Tue, 17 Jan 2017 15:37:49 +0200 https://gencs.eu/news/view/3363 The Nice Classification is a system used to classify goods and services for international trade mark registration. Under the Nice https://gencs.eu/news/view/3357 Thu, 12 Jan 2017 17:31:25 +0200 https://gencs.eu/news/view/3357 The program ‘Newcomer’ introduced by the Central Bank of Lithuania The Central Bank of Lithuania has made a promise to provide https://gencs.eu/news/view/3351 Tue, 10 Jan 2017 12:44:11 +0200 https://gencs.eu/news/view/3351 The same like all EU member states, now it is permitted to use electronic VAT invoices in Latvia, if certain https://gencs.eu/news/view/3345 Mon, 09 Jan 2017 17:43:50 +0200 https://gencs.eu/news/view/3345 From the January 1, 2017, the Republic of Latvia approved several proposals related to law on immigration in Latvia. The https://gencs.eu/news/view/3339 Wed, 04 Jan 2017 15:34:44 +0200 https://gencs.eu/news/view/3339 Date: Thursday, March 9, 2017 Time: 17:30 – 18.15 Venue: Valdemara Hotel, Conference room on 2nd floor   https://gencs.eu/news/view/3333 Tue, 03 Jan 2017 17:33:46 +0200 https://gencs.eu/news/view/3333 A Convention, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, https://gencs.eu/news/view/3327 Fri, 16 Dec 2016 14:59:34 +0200 https://gencs.eu/news/view/3327 Recently agreement was made between the Government of the Republic of Latvia and the Government of the Hong Kong Special https://gencs.eu/news/view/3321 Wed, 07 Dec 2016 16:45:11 +0200 https://gencs.eu/news/view/3321 На сегодняшний день в связи с глобализацией и динамически развивающимися экономическими преобразованиями мы часто меняем свое место жительства. Прибалтика является https://gencs.eu/news/view/3315 Tue, 06 Dec 2016 16:12:27 +0200 https://gencs.eu/news/view/3315 Mr. Stoychev, a very intelligent student with high sense of responsibility, has just started his internship in Gencs Valters Law https://gencs.eu/news/view/3309 Mon, 05 Dec 2016 11:41:20 +0200 https://gencs.eu/news/view/3309 https://gencs.eu/news/view/3303 Fri, 02 Dec 2016 10:27:14 +0200 https://gencs.eu/news/view/3303 St. Lucia’s day is the Church feast day dedicated to St. Lucia and is observed on December 13. It is https://gencs.eu/news/view/3297 Wed, 30 Nov 2016 15:53:16 +0200 https://gencs.eu/news/view/3297 There have been made amendments to the Immigration law in Latvia that come into force on July 1, 2016. Several https://gencs.eu/news/view/3291 Mon, 28 Nov 2016 12:32:31 +0200 https://gencs.eu/news/view/3291 Recently the General Court, as a first instance of the European Court of Justice issued judgement regarding the trade mark https://gencs.eu/news/view/3285 Wed, 23 Nov 2016 15:06:45 +0200 https://gencs.eu/news/view/3285 What is an A1 certificate? A1 certificate is a certificate proving the payment of social contributions in Estonia. The certificate concerns https://gencs.eu/news/view/3279 Tue, 22 Nov 2016 12:25:36 +0200 https://gencs.eu/news/view/3279 Since September Mr Kivihuhta, a hard working law student from Finland, is a trainee at Gencs Valters Law Firm office https://gencs.eu/news/view/3273 Tue, 22 Nov 2016 10:59:47 +0200 https://gencs.eu/news/view/3273 Если Вы желаете начать бизнес в Латвии, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Латвии https://gencs.eu/news/view/3267 Thu, 17 Nov 2016 15:11:44 +0200 https://gencs.eu/news/view/3267 “Baltic Taxes” available on the Apple App Store and the Android Market Baltic Taxes is a tax planning and optimization application https://gencs.eu/news/view/3255 Wed, 16 Nov 2016 17:07:28 +0200 https://gencs.eu/news/view/3255 Если Вы желаете начать бизнес в Латвии, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Латвии https://gencs.eu/news/view/3249 Wed, 09 Nov 2016 16:09:51 +0200 https://gencs.eu/news/view/3249 Если Вы планируете начать бизнес в Литве, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Литве https://gencs.eu/news/view/3243 Wed, 09 Nov 2016 16:05:08 +0200 https://gencs.eu/news/view/3243 Если Вы планируете начать бизнес в Литве, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Литве https://gencs.eu/news/view/3230 Tue, 25 Oct 2016 16:39:24 +0300 https://gencs.eu/news/view/3230 Priority right to buy agricultural land in Lithuania Priority right who are able to buy private agricultural land for the asking https://gencs.eu/news/view/3224 Mon, 24 Oct 2016 12:45:12 +0300 https://gencs.eu/news/view/3224 On September 2016 new amendments were proposed to the Micro-enterprise Tax law in Latvia (Micro-company tax law). It has to https://gencs.eu/news/view/3218 Thu, 20 Oct 2016 13:53:48 +0300 https://gencs.eu/news/view/3218 Amendments were made to the Micro-company tax law in Latvia that introduced the time limitation on micro-company registration and abolished https://gencs.eu/news/view/3212 Tue, 18 Oct 2016 10:11:57 +0300 https://gencs.eu/news/view/3212 The Estonian Government approved in the end of September 2016 proposal on signing the Convention between the Government of the https://gencs.eu/news/view/3206 Wed, 05 Oct 2016 13:24:19 +0300 https://gencs.eu/news/view/3206 Lithuania offers great incentives to incorporate for the Polish. Double Taxation Avoidance Agreement signed between Lithuania and Poland includes possibilities https://gencs.eu/news/view/3200 Wed, 05 Oct 2016 13:19:50 +0300 https://gencs.eu/news/view/3200 Lithuania offers great incentives to incorporate for the Polish. Double Taxation Avoidance Agreement signed between Lithuania and Poland includes possibilities https://gencs.eu/news/view/3194 Wed, 28 Sep 2016 17:05:27 +0300 https://gencs.eu/news/view/3194 Lithuania offers great incentives to incorporate for the Polish. Double Taxation Avoidance Agreement signed between Lithuania and Poland includes possibilities https://gencs.eu/news/view/3188 Fri, 23 Sep 2016 12:11:34 +0300 https://gencs.eu/news/view/3188 To obtain work permit in Lithuania for EU citizens there are no restrictions. However for Non-Nationals in Lithuania to get the https://gencs.eu/news/view/3182 Tue, 20 Sep 2016 16:09:44 +0300 https://gencs.eu/news/view/3182 In recent decision of the Opposition Division of EUIPO it was decided to reject a European Union trademark in its https://gencs.eu/news/view/3176 Mon, 19 Sep 2016 15:57:24 +0300 https://gencs.eu/news/view/3176  Lithuanian rules on Permanent Establishment stipulate requirements on a company acting through agent/representative, construction sites or using natural resources. Contradictions https://gencs.eu/news/view/3170 Thu, 15 Sep 2016 11:30:18 +0300 https://gencs.eu/news/view/3170 Research and Development is highly encouraged in Lithuania as firms can deduct R&D expenditures 3 times. Moreover, 5% Corporate Income https://gencs.eu/news/view/3164 Mon, 12 Sep 2016 10:57:29 +0300 https://gencs.eu/news/view/3164 Recent decision of the Board of Appeal in the European Union  In the recent decisi https://gencs.eu/news/view/3158 Thu, 08 Sep 2016 09:59:56 +0300 https://gencs.eu/news/view/3158 Reinstatement of citizenship in Lithuania Recently Lithuanian government has enacted a new amendment to the Law on Citizenship of Lithuania. A https://gencs.eu/news/view/3152 Tue, 06 Sep 2016 15:23:54 +0300 https://gencs.eu/news/view/3152 During 2016 summer Mr Trusevic, a very keen law student from Netherlands, spent a month on a internship at Gencs https://gencs.eu/news/view/3146 Thu, 01 Sep 2016 11:39:30 +0300 https://gencs.eu/news/view/3146 One of the main reasons for trademark opposition in Estonia is identical or similar trademarks that have been registered earlier https://gencs.eu/news/view/3140 Mon, 29 Aug 2016 12:31:08 +0300 https://gencs.eu/news/view/3140 Likelihood of confusion for trademarks in Lithuania is one of the main reasons for trademark disputes. This is due to https://gencs.eu/news/view/3134 Thu, 25 Aug 2016 09:50:15 +0300 https://gencs.eu/news/view/3134 Often there are several disputes arising over the intellectual property rights due to the protection of trademarks, patents, designs and https://gencs.eu/news/view/3128 Wed, 17 Aug 2016 12:49:34 +0300 https://gencs.eu/news/view/3128 Financial year in Latvia starts with the registration of the company to Commercial Register regardless the date and ends on https://gencs.eu/news/view/3122 Thu, 11 Aug 2016 13:49:45 +0300 https://gencs.eu/news/view/3122 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným.   Minimální základní kapitál k založení společnosti s ručením omezeným činí 2800 https://gencs.eu/news/view/3115 Wed, 10 Aug 2016 14:06:40 +0300 https://gencs.eu/news/view/3115 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným (OÜ).     https://gencs.eu/news/view/3109 Tue, 09 Aug 2016 12:34:55 +0300 https://gencs.eu/news/view/3109 https://gencs.eu/news/view/3103 Fri, 05 Aug 2016 12:54:49 +0300 https://gencs.eu/news/view/3103   Viesturs Tamužs, successful businessman and a partner at Eco investor, in his book ‘Ķīmiķis ķemmē un saķemmē’ (author’s translation: Chemist https://gencs.eu/news/view/3097 Thu, 04 Aug 2016 12:02:12 +0300 https://gencs.eu/news/view/3097 https://gencs.eu/news/view/3089 Tue, 02 Aug 2016 13:49:51 +0300 https://gencs.eu/news/view/3089 At the summer of 2016 student from Finland (Lappeenranta) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/3079 Fri, 15 Jul 2016 13:19:17 +0300 https://gencs.eu/news/view/3079 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným.   Minimální základní kapitál k založení společnosti s ručením omezeným činí 2500 https://gencs.eu/news/view/3073 Wed, 13 Jul 2016 11:44:17 +0300 https://gencs.eu/news/view/3073 On July 1, 2016, amendments to the Immigration Law of the Republic of Latvia came into force, modifying the provisions https://gencs.eu/news/view/3066 Tue, 12 Jul 2016 13:21:08 +0300 https://gencs.eu/news/view/3066 Directive 2014/67/EU on the enforcement of rules concerning the posting of workers came into force on June 18, 2016.   On June https://gencs.eu/news/view/3056 Thu, 07 Jul 2016 11:37:45 +0300 https://gencs.eu/news/view/3056 In spring 2016 student from Georgia (Kutaisi) took part in Gencs Valters Law firm's internship program. Intern took practical internship in Estonian https://gencs.eu/news/view/3047 Mon, 04 Jul 2016 12:38:31 +0300 https://gencs.eu/news/view/3047 According to the Commercial Code there are five forms of business entities, which are created by entry into the Commercial https://gencs.eu/news/view/3039 Thu, 30 Jun 2016 14:07:52 +0300 https://gencs.eu/news/view/3039   Tadas Bulota has joined our Law firm from June 20. He has gained strong legal background at Chicago-Kent College of Law https://gencs.eu/news/view/3027 Mon, 27 Jun 2016 13:37:37 +0300 https://gencs.eu/news/view/3027 Since the restoration of the independence in 1990 Lithuania has been firmly applying the principle of prohibition of double citizenship. https://gencs.eu/news/view/3011 Tue, 14 Jun 2016 13:36:16 +0300 https://gencs.eu/news/view/3011 Latvia has listed 62 countries on a list of low or no tax states. Transactions with these countries have special https://gencs.eu/news/view/3004 Thu, 09 Jun 2016 09:55:40 +0300 https://gencs.eu/news/view/3004 A micro company (MB) is a legal form of business that was introduced in Lithuania in 2012. MB is not required https://gencs.eu/news/view/2998 Wed, 08 Jun 2016 11:57:53 +0300 https://gencs.eu/news/view/2998 Recently there have been made several amendments to the Immigration law in Latvia that will come into force on July https://gencs.eu/news/view/2985 Thu, 26 May 2016 09:23:59 +0300 https://gencs.eu/news/view/2985 Buying property in the Baltics will qualify you for a residence permit in the country. For example purchase of a https://gencs.eu/news/view/2978 Thu, 19 May 2016 09:29:25 +0300 https://gencs.eu/news/view/2978   To expand the professional knowledge and experience about International taxation Gencs Valters Law Firm became a member of the International https://gencs.eu/news/view/2972 Tue, 17 May 2016 10:15:14 +0300 https://gencs.eu/news/view/2972 At the beginning of 2016 student from Finland (Helsinki) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/2963 Fri, 13 May 2016 09:48:44 +0300 https://gencs.eu/news/view/2963   On 11 May, 2016 the 20th Annual General Meeting of the Swedish Chamber of Commerce in Latvia took place at https://gencs.eu/news/view/2956 Tue, 03 May 2016 09:47:25 +0300 https://gencs.eu/news/view/2956 Corporate income tax in Lithuania is paid by domestic companies – residents, non-residents and non-resident permanent establishments that perform economic https://gencs.eu/news/view/2949 Mon, 02 May 2016 09:15:45 +0300 https://gencs.eu/news/view/2949 At the beginning of 2016 student from Finland (Kajaani) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/2943 Fri, 29 Apr 2016 09:41:48 +0300 https://gencs.eu/news/view/2943 Corporate income tax in Estonia is paid by domestic companies – residents, permanent establishments of non-residents that perform economic activity https://gencs.eu/news/view/2937 Thu, 21 Apr 2016 15:20:45 +0300 https://gencs.eu/news/view/2937 A micro company (MB) is a legal form of business that was introduced in Lithuania in 2012. MB is not required https://gencs.eu/news/view/2931 Mon, 18 Apr 2016 16:13:24 +0300 https://gencs.eu/news/view/2931 In Latvia corporate income tax is paid by domestic companies – residents, non-residents and permanent representative offices of non-residents that https://gencs.eu/news/view/2925 Wed, 13 Apr 2016 09:22:08 +0300 https://gencs.eu/news/view/2925 At the begining of 2016 student from Finland (Tampere) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/2919 Mon, 11 Apr 2016 12:24:22 +0300 https://gencs.eu/news/view/2919  On March 26, 2016 the Office for Harmonization in the Internal Market (OHIM) became the European Union Intellectual Property Office https://gencs.eu/news/view/2912 Fri, 01 Apr 2016 14:46:43 +0300 https://gencs.eu/news/view/2912 From the beginning of 2016, the Republic of Latvia approved several proposals related to law on immigration in Latvia. The https://gencs.eu/news/view/2905 Tue, 15 Mar 2016 11:51:40 +0200 https://gencs.eu/news/view/2905 In Latvia insolvency proceedings are governed by the Insolvency law. The law applies to both, legal and natural persons. It https://gencs.eu/news/view/2898 Fri, 04 Mar 2016 10:20:44 +0200 https://gencs.eu/news/view/2898 Following the Rules of Retail adopted by the Government of the Republic of Lithuania, the seller has the obligation to https://gencs.eu/news/view/2891 Wed, 24 Feb 2016 12:35:19 +0200 https://gencs.eu/news/view/2891 Gencs Valters Law Firm has released a Newsletter for February 2016. It has been published for 7 years and features https://gencs.eu/news/view/2884 Mon, 22 Feb 2016 09:48:43 +0200 https://gencs.eu/news/view/2884 EU trademark regulation No 2015/2424   https://gencs.eu/news/view/2877 Wed, 17 Feb 2016 10:46:26 +0200 https://gencs.eu/news/view/2877  I https://gencs.eu/news/view/2870 Thu, 11 Feb 2016 10:37:49 +0200 https://gencs.eu/news/view/2870  In order to obtain the right of temporary residence permit the https://gencs.eu/news/view/2861 Fri, 05 Feb 2016 10:52:26 +0200 https://gencs.eu/news/view/2861  Micro company tax starting from January 1st, 2016 did not change and the tax of 9 % is applicable for https://gencs.eu/news/view/2853 Tue, 02 Feb 2016 14:19:39 +0200 https://gencs.eu/news/view/2853 From January 1st, 2016 the vehicle operation tax for vehicles with gross weight till 12 000 kg is increased more than https://gencs.eu/news/view/2847 Thu, 28 Jan 2016 11:24:43 +0200 https://gencs.eu/news/view/2847 In the autumn of 2014 student from Rome (Italy) took part in internship in Gencs Valters Law firm. Intern took practical https://gencs.eu/news/view/2841 Wed, 27 Jan 2016 12:26:49 +0200 https://gencs.eu/news/view/2841 From January 1st, 2016 excise taxes for fuel has been increased. For example, excise tax for unleaded fuel increased from https://gencs.eu/news/view/2835 Mon, 25 Jan 2016 10:54:52 +0200 https://gencs.eu/news/view/2835 Part 3 https://gencs.eu/news/view/2829 Fri, 22 Jan 2016 09:47:17 +0200 https://gencs.eu/news/view/2829 https://gencs.eu/news/view/2823 Tue, 19 Jan 2016 13:53:41 +0200 https://gencs.eu/news/view/2823  The SRS has the power to determine taxable object that is d https://gencs.eu/news/view/2817 Mon, 18 Jan 2016 11:12:14 +0200 https://gencs.eu/news/view/2817 This article gives you an overview about the key requirements for purchasing or selling real estate in Estonia. This summary https://gencs.eu/news/view/2811 Fri, 15 Jan 2016 11:46:38 +0200 https://gencs.eu/news/view/2811 On March 15th, 2016 Gencs Valters together with Multilaw will take part in lawyers’ informal networking event during MIPIM at https://gencs.eu/news/view/2799 Wed, 13 Jan 2016 11:36:53 +0200 https://gencs.eu/news/view/2799 Part 3 https://gencs.eu/news/view/2793 Mon, 11 Jan 2016 10:12:40 +0200 https://gencs.eu/news/view/2793 Part 2 https://gencs.eu/news/view/2787 Fri, 08 Jan 2016 12:08:03 +0200 https://gencs.eu/news/view/2787 Part 1   This real estate guide gives an overview introduction to the key requirements when buying or selling real estate in https://gencs.eu/news/view/2781 Wed, 06 Jan 2016 15:17:05 +0200 https://gencs.eu/news/view/2781 In today's Latvia, a foreign national essentially stands in the same position as a Latvian citizen when it comes to https://gencs.eu/news/view/2765 Thu, 17 Dec 2015 10:19:37 +0200 https://gencs.eu/news/view/2765 In the autumn of 2015 student from Belarus took part in internship in Gencs Valters Law firm. Intern took practical internship in https://gencs.eu/news/view/2759 Fri, 11 Dec 2015 13:37:21 +0200 https://gencs.eu/news/view/2759 The Saeima (Parliament) of the Republic of Latvia in the final reading accepted several amendments to the Gambling and Lottery https://gencs.eu/news/view/2753 Tue, 01 Dec 2015 15:01:27 +0200 https://gencs.eu/news/view/2753 St. Lucia’s day is the Church feast day dedicated to St. Lucia and is observed on December 13. It is https://gencs.eu/news/view/2747 Mon, 30 Nov 2015 11:25:44 +0200 https://gencs.eu/news/view/2747 Traditionally, trademarks are consisted of words, logos or graphic designs applied to goods or packaging. Usually, certain procedure is required, as https://gencs.eu/news/view/2741 Thu, 26 Nov 2015 10:48:37 +0200 https://gencs.eu/news/view/2741 The Code Administrative Offences will enter into force April 1, 2016. The Code establishes fines for CEOs of the companies https://gencs.eu/news/view/2735 Wed, 25 Nov 2015 10:12:20 +0200 https://gencs.eu/news/view/2735 The WIPO (The World Intellectual Property Organization) has the Recommendation for the Protection of Well-Known Marks that is ’soft-law’, meaning https://gencs.eu/news/view/2728 Mon, 23 Nov 2015 10:17:17 +0200 https://gencs.eu/news/view/2728 Current system of the European patent obtaining requires the patent be individually validated by each member state where the protection https://gencs.eu/news/view/2722 Thu, 19 Nov 2015 11:36:08 +0200 https://gencs.eu/news/view/2722 In the summer of 2015 student from Göttingen (Germany) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/2716 Fri, 30 Oct 2015 09:30:34 +0200 https://gencs.eu/news/view/2716 Exceptions to Constitutional prohibition   Lithuanian citizenship law of 2010 provides that persons who have right to reestablish Lithuanian citizenship shall renounce https://gencs.eu/news/view/2710 Tue, 27 Oct 2015 12:23:56 +0200 https://gencs.eu/news/view/2710 In Latvia bank accounts are subject to bank scrutiny and some real business shall be present. However few Latvian banks https://gencs.eu/news/view/2690 Mon, 19 Oct 2015 11:14:58 +0300 https://gencs.eu/news/view/2690 In the summer of 2015 student from Glasgow (Scotland) took part in internship in Gencs Valters Law firm. Intern took https://gencs.eu/news/view/2684 Wed, 14 Oct 2015 17:31:23 +0300 https://gencs.eu/news/view/2684 https://gencs.eu/news/view/2678 Tue, 13 Oct 2015 17:20:26 +0300 https://gencs.eu/news/view/2678 Please find below list of countries with which Latvia has concluded DTT.   Albania Armenia Austria Azerbaijan Belarus Belgium Bulgaria Canada China Czech Republic Croatia Denmark Estonia Finland Finland France Germany https://gencs.eu/news/view/2671 Wed, 07 Oct 2015 10:48:30 +0300 https://gencs.eu/news/view/2671 Part three https://gencs.eu/news/view/2665 Tue, 06 Oct 2015 09:14:49 +0300 https://gencs.eu/news/view/2665 Part two   https://gencs.eu/news/view/2659 Mon, 05 Oct 2015 09:50:51 +0300 https://gencs.eu/news/view/2659 From 2016 leasing and credit service providers have to submit an informative declaration to the State Revenue Service about leasing https://gencs.eu/news/view/2653 Tue, 22 Sep 2015 15:09:50 +0300 https://gencs.eu/news/view/2653 On the 11th of September the Supreme Court of Estonia dismissed cassation submitted by Sirowa Tallinn (Sirowa) in relation with https://gencs.eu/news/view/2647 Tue, 15 Sep 2015 09:54:47 +0300 https://gencs.eu/news/view/2647   On 10 September 2015 the Court of Justice of the European Union (the CJEU) adopted a judgment in the Case https://gencs.eu/news/view/2629 Wed, 09 Sep 2015 12:07:30 +0300 https://gencs.eu/news/view/2629     https://gencs.eu/news/view/2623 Mon, 07 Sep 2015 15:20:23 +0300 https://gencs.eu/news/view/2623 Dear coorporation partners,     We are glad to invite you to the SelectUSA Roadshow in Tallinn on 21st of September 2015.   The https://gencs.eu/news/view/2617 Fri, 04 Sep 2015 11:08:27 +0300 https://gencs.eu/news/view/2617 The new data on minimum wage across Europe published by Eurostat on July, 2015 proves that the Baltic States remain https://gencs.eu/news/view/2605 Mon, 31 Aug 2015 14:32:59 +0300 https://gencs.eu/news/view/2605 https://gencs.eu/news/view/2599 Thu, 27 Aug 2015 14:13:47 +0300 https://gencs.eu/news/view/2599 Part fifth   https://gencs.eu/news/view/2593 Tue, 18 Aug 2015 11:12:02 +0300 https://gencs.eu/news/view/2593 Geographical Indications (GI) are a parallel string besides trademarks to secure the customers trust in a certain product’s origin, protect https://gencs.eu/news/view/2579 Fri, 07 Aug 2015 11:04:45 +0300 https://gencs.eu/news/view/2579 The aim of GPPH project is to enable faster and higher quality in patent examination within the patent offices that https://gencs.eu/news/view/2573 Thu, 06 Aug 2015 09:47:26 +0300 https://gencs.eu/news/view/2573 Part fourth - Maintaining The Employment Relationship   https://gencs.eu/news/view/2567 Mon, 03 Aug 2015 10:45:31 +0300 https://gencs.eu/news/view/2567 https://gencs.eu/news/view/2560 Tue, 28 Jul 2015 12:52:42 +0300 https://gencs.eu/news/view/2560 Following the amendments of the Law on VAT, reverse VAT charge shall also apply for construction works, even if customer https://gencs.eu/news/view/2553 Fri, 24 Jul 2015 17:36:20 +0300 https://gencs.eu/news/view/2553 Regardless of the EU Single Market, there still exist barriers that complicate the free movement of online services and entertainment https://gencs.eu/news/view/2542 Tue, 21 Jul 2015 09:22:25 +0300 https://gencs.eu/news/view/2542 The MOSS system, otherwise referred to as mini one stop shop will allow merchants all over the EU to pay https://gencs.eu/news/view/2534 Mon, 20 Jul 2015 10:39:17 +0300 https://gencs.eu/news/view/2534 https://gencs.eu/news/view/2526 Mon, 13 Jul 2015 17:52:27 +0300 https://gencs.eu/news/view/2526 The Estonian pension system has three pillars. First pillar is state pension, this means that the state pays the pension https://gencs.eu/news/view/2519 Fri, 10 Jul 2015 09:34:54 +0300 https://gencs.eu/news/view/2519   https://gencs.eu/news/view/2512 Tue, 07 Jul 2015 18:09:29 +0300 https://gencs.eu/news/view/2512 There are several ways how company can motivate there employees- rise in salary, bonuses, health insurance and other benefits. Most https://gencs.eu/news/view/2497 Mon, 06 Jul 2015 15:56:02 +0300 https://gencs.eu/news/view/2497 On 21st of May the Government of Estonia approved several bills for changing the tax laws. Please see below short https://gencs.eu/news/view/2488 Thu, 02 Jul 2015 10:35:30 +0300 https://gencs.eu/news/view/2488 Upcoming https://gencs.eu/news/view/2480 Tue, 30 Jun 2015 09:30:30 +0300 https://gencs.eu/news/view/2480 Consolidated reporting is regulated by the Law on Consolidated Financial Statements of Enterprises. An entity having one or several subsidiary https://gencs.eu/news/view/2474 Mon, 29 Jun 2015 09:16:52 +0300 https://gencs.eu/news/view/2474 The government has approved the proposal submitted by the Ministry of Social Security and Labour to increase minimum wage following https://gencs.eu/news/view/2468 Fri, 19 Jun 2015 17:23:19 +0300 https://gencs.eu/news/view/2468 On 16 June 2015 the European Court of Human Rights (ECHR) in the case of Delfi AS v. Estonia (application https://gencs.eu/news/view/2461 Thu, 18 Jun 2015 16:22:13 +0300 https://gencs.eu/news/view/2461 Starting from 13th May 2015 new amendments in micro company tax are in force.   https://gencs.eu/news/view/2455 Wed, 17 Jun 2015 10:02:04 +0300 https://gencs.eu/news/view/2455 https://gencs.eu/news/view/2447 Mon, 15 Jun 2015 12:49:42 +0300 https://gencs.eu/news/view/2447 Part three https://gencs.eu/news/view/2440 Fri, 12 Jun 2015 11:37:36 +0300 https://gencs.eu/news/view/2440   Every product has its own features such as lines, contours, colors, shape, texture and materials used, or its ornamentation. The https://gencs.eu/news/view/2419 Wed, 10 Jun 2015 11:57:25 +0300 https://gencs.eu/news/view/2419 Protecting EU market from counterfeit products is a constant struggle. For this reason, new systems to protect intellectual property right https://gencs.eu/news/view/2411 Tue, 09 Jun 2015 09:59:19 +0300 https://gencs.eu/news/view/2411   Nowadays word-of-mouth is not considered a reliable way to inform customers about company’s production. Advertising is crucial in order to https://gencs.eu/news/view/2405 Thu, 04 Jun 2015 09:49:57 +0300 https://gencs.eu/news/view/2405 https://gencs.eu/news/view/2393 Mon, 01 Jun 2015 10:33:02 +0300 https://gencs.eu/news/view/2393 Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors https://gencs.eu/news/view/2385 Tue, 26 May 2015 09:16:48 +0300 https://gencs.eu/news/view/2385 https://gencs.eu/news/view/2379 Thu, 21 May 2015 09:22:14 +0300 https://gencs.eu/news/view/2379   The Law on Consolidated Annual reports applies to commercial companies and co-operative societies registered in Latvia (hereinafter – the company) https://gencs.eu/news/view/2373 Mon, 18 May 2015 09:56:12 +0300 https://gencs.eu/news/view/2373 Part one   Forums For Adjudicating Employment Disputes The Labour https://gencs.eu/news/view/2367 Thu, 14 May 2015 13:31:25 +0300 https://gencs.eu/news/view/2367 As of 1 January 2013 the holding regime has been introduced in Latvia. Such regime provides less tax burden In https://gencs.eu/news/view/2361 Mon, 11 May 2015 18:05:45 +0300 https://gencs.eu/news/view/2361 On Thursday, 7 May, the Parliament of the Republic of Latvia endorsed the new concept of the Repatriation law on https://gencs.eu/news/view/2355 Fri, 08 May 2015 11:25:20 +0300 https://gencs.eu/news/view/2355 General principles https://gencs.eu/news/view/2343 Tue, 05 May 2015 11:15:59 +0300 https://gencs.eu/news/view/2343 Taxpayers Corporate income tax https://gencs.eu/news/view/2331 Tue, 28 Apr 2015 18:04:03 +0300 https://gencs.eu/news/view/2331 "Chambers and Partners Europe Guide 2015" recommends the world’s best lawyers in 185 countries, including tax consultants and lawyers in Latvia. According https://gencs.eu/news/view/2325 Mon, 27 Apr 2015 11:15:02 +0300 https://gencs.eu/news/view/2325 If you find out that a third party infringes your registered trademark, you can take legal actions to stop the https://gencs.eu/news/view/2319 Wed, 22 Apr 2015 15:38:39 +0300 https://gencs.eu/news/view/2319 As of 1st of April the Aliens Act that regulates the bases for the entry of foreigners into Estonia, their https://gencs.eu/news/view/2312 Wed, 15 Apr 2015 14:24:33 +0300 https://gencs.eu/news/view/2312 General corporate income tax rate in Lithuania is 15%. However, following the provisions of the Law on Corporate Income Tax, https://gencs.eu/news/view/2306 Tue, 14 Apr 2015 14:16:55 +0300 https://gencs.eu/news/view/2306 This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview https://gencs.eu/news/view/2300 Fri, 10 Apr 2015 13:49:43 +0300 https://gencs.eu/news/view/2300     We are proud to announce that our firm has been recommended as a TOP TIER FIRM by the Legal 500.   https://gencs.eu/news/view/2294 Thu, 09 Apr 2015 11:35:52 +0300 https://gencs.eu/news/view/2294 Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors https://gencs.eu/news/view/2282 Tue, 31 Mar 2015 16:46:35 +0300 https://gencs.eu/news/view/2282 Earlier this month Lithuania has been rated as a country with the best business conditions globally for business process outsourcing https://gencs.eu/news/view/2276 Mon, 30 Mar 2015 15:56:34 +0300 https://gencs.eu/news/view/2276 It makes us proud to announce that Gencs Valters Law Firm, a full service law firm in Latvia, Estonia and https://gencs.eu/news/view/2270 Tue, 24 Mar 2015 14:57:11 +0200 https://gencs.eu/news/view/2270 Taxpayers Corporate income tax is paid by: domestic companies – residents; permanent establishments of non-residents that perform economic https://gencs.eu/news/view/2264 Fri, 20 Mar 2015 14:13:25 +0200 https://gencs.eu/news/view/2264 Commission of European Union released 18 March 2015 new tax transparency package. The package is aimed to put down tax https://gencs.eu/news/view/2258 Tue, 17 Mar 2015 16:57:32 +0200 https://gencs.eu/news/view/2258 Taxpayers Corporate income tax is paid by: domestic companies – residents; non-residents; permanent represen https://gencs.eu/news/view/2246 Tue, 10 Mar 2015 16:47:44 +0200 https://gencs.eu/news/view/2246 According to the Law on Citizenship, there are three ways how person can become citizen of Republic of Latvia- ancestors https://gencs.eu/news/view/2240 Thu, 05 Mar 2015 10:31:36 +0200 https://gencs.eu/news/view/2240 Taking into account that there are different corporate tax rates in European Union member states, corporate income tax is used https://gencs.eu/news/view/2234 Fri, 27 Feb 2015 17:15:19 +0200 https://gencs.eu/news/view/2234     Gencs Valters Law Firm has released a newsletter for March 2015. It has been published for 6 years and https://gencs.eu/news/view/2228 Thu, 26 Feb 2015 16:21:15 +0200 https://gencs.eu/news/view/2228 According to the Law on Citizenship, persons whose ancestors were citizens of Lithuania have a right to reinstate their citizenship. https://gencs.eu/news/view/2222 Mon, 23 Feb 2015 17:02:39 +0200 https://gencs.eu/news/view/2222 From January 2015 Estonian Commercial Code was amended. The most significant change was new simplified procedure for dissolution of a https://gencs.eu/news/view/2216 Fri, 20 Feb 2015 10:24:49 +0200 https://gencs.eu/news/view/2216 On the 11th of February the Parliament of Estonia adopted new amendments to the Commercial Code. These changes will be https://gencs.eu/news/view/2210 Tue, 17 Feb 2015 16:53:43 +0200 https://gencs.eu/news/view/2210 Structure Personal income tax is imposed on income acquired by a natural person, and it consists of: income from employment; business income (self-employed https://gencs.eu/news/view/2204 Mon, 16 Feb 2015 16:00:45 +0200 https://gencs.eu/news/view/2204 Structure Personal income tax is imposed on income acquired by a natural person, and it consists of: salary tax calculated from the https://gencs.eu/news/view/2198 Fri, 13 Feb 2015 11:07:47 +0200 https://gencs.eu/news/view/2198 Structure Personal income tax is imposed on income acquired by a natural person, and it includes: income from employment; business inco https://gencs.eu/news/view/2192 Tue, 10 Feb 2015 15:29:52 +0200 https://gencs.eu/news/view/2192 Procedures For Terminating the Agreement In all cases the termination of an employment contract must comply with the terms of the https://gencs.eu/news/view/2186 Mon, 09 Feb 2015 16:45:13 +0200 https://gencs.eu/news/view/2186 Changes To The Contract In the event of changes in production, its scope, technology or labour organisation, as well as in https://gencs.eu/news/view/2179 Fri, 06 Feb 2015 12:25:51 +0200 https://gencs.eu/news/view/2179 General Principles Forums For Adjudicating Employment Disputes The Labour Disputes Commission has exclusive jurisdiction for most claims, but in certain case https://gencs.eu/news/view/2172 Wed, 04 Feb 2015 12:15:22 +0200 https://gencs.eu/news/view/2172 Any European Union citizen is free to stay in the Republic of Lithuania for a period up to 3 months https://gencs.eu/news/view/2166 Tue, 03 Feb 2015 14:45:54 +0200 https://gencs.eu/news/view/2166 Latvia has one of the most attractive shipping taxation regimes in the EU. If the usual company has income it https://gencs.eu/news/view/2160 Fri, 30 Jan 2015 15:36:19 +0200 https://gencs.eu/news/view/2160 The ruling regarding minimum rate of interest on fringe benefits from the Minister of Finance was nullified and staring from 2015 https://gencs.eu/news/view/2154 Thu, 29 Jan 2015 16:24:33 +0200 https://gencs.eu/news/view/2154 Lithuania has included 58 countries to a list of low or no tax states. Transactions with these countries have special https://gencs.eu/news/view/2148 Tue, 27 Jan 2015 14:29:45 +0200 https://gencs.eu/news/view/2148 European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid travel document or https://gencs.eu/news/view/2142 Mon, 26 Jan 2015 16:27:55 +0200 https://gencs.eu/news/view/2142 (Updated 20.04.2016) Latvia has listed 62 countries on a list of low or no tax states. Transactions with these countries https://gencs.eu/news/view/2136 Thu, 22 Jan 2015 17:21:00 +0200 https://gencs.eu/news/view/2136   Tax Directors Handbook analyses the tax capabilities of law firms in 60 jurisdictions and compiles leading tax lawyers. It is https://gencs.eu/news/view/2130 Tue, 20 Jan 2015 17:33:00 +0200 https://gencs.eu/news/view/2130 European Union citizens   EU citizens have the right to stay in Latvia on the basis of a valid travel document for https://gencs.eu/news/view/2124 Mon, 19 Jan 2015 10:41:53 +0200 https://gencs.eu/news/view/2124 From January 1, 2015 the amendments of the Civil Procedure Code regulating class action came into force. Prior to the https://gencs.eu/news/view/2118 Thu, 15 Jan 2015 12:02:26 +0200 https://gencs.eu/news/view/2118 Few Corporate income tax amendments applicable for 2014 income is a good sign, indicating stability in Lithuanian corporate tax system. https://gencs.eu/news/view/2112 Wed, 14 Jan 2015 16:28:42 +0200 https://gencs.eu/news/view/2112 Estonia has listed 55 countries that are on so-called black list because of their tax policy. The aim of this https://gencs.eu/news/view/2106 Tue, 13 Jan 2015 11:47:09 +0200 https://gencs.eu/news/view/2106 Beginning of new financial year is a need to review legal requirements applicable to taxation of 2014 year’s income. There https://gencs.eu/news/view/2100 Sat, 10 Jan 2015 11:17:25 +0200 https://gencs.eu/news/view/2100 Brokerage services are usually defined as buying and selling of financial securities (or financial instruments) which include research and advice https://gencs.eu/news/view/2093 Thu, 08 Jan 2015 11:58:02 +0200 https://gencs.eu/news/view/2093 According to the amendments made to the Income Tax Act, which became in force from the 1st of January 2015, https://gencs.eu/news/view/2087 Wed, 07 Jan 2015 15:33:23 +0200 https://gencs.eu/news/view/2087 Minimum monthly salary and the minimum hourly wage rate According to amendments in the Regulations of the Cabinet of Ministers of https://gencs.eu/news/view/2081 Mon, 05 Jan 2015 16:06:42 +0200 https://gencs.eu/news/view/2081 Starting from 1st of January 2015 the new versions of Competition Act and Penal Code became effective. With the amendments https://gencs.eu/news/view/2075 Mon, 29 Dec 2014 13:16:07 +0200 https://gencs.eu/news/view/2075 https://gencs.eu/news/view/2069 Tue, 23 Dec 2014 11:16:09 +0200 https://gencs.eu/news/view/2069 Similar to the Green Card in the USA, the EU blue card offers highly educated employees from third countries the https://gencs.eu/news/view/2063 Mon, 22 Dec 2014 10:31:07 +0200 https://gencs.eu/news/view/2063 In 11th of September of 2014 new amendments on law regulating Arbitration were adopted, these new regulations will be in https://gencs.eu/news/view/2057 Wed, 17 Dec 2014 12:36:35 +0200 https://gencs.eu/news/view/2057 Option plans are good ways to reward employees for successful year or to bind them for the company. In Estonia https://gencs.eu/news/view/2051 Tue, 16 Dec 2014 09:57:10 +0200 https://gencs.eu/news/view/2051 St.Lucia’s day is the Church feast day dedicated to St. Lucia and is observed on December 13. It is celebrated https://gencs.eu/news/view/2045 Thu, 11 Dec 2014 14:45:30 +0200 https://gencs.eu/news/view/2045 From January 1. 2015 EU will change the application of VAT rules in intra-community trades. The new rule will change https://gencs.eu/news/view/2039 Tue, 09 Dec 2014 17:14:10 +0200 https://gencs.eu/news/view/2039 In Lithuania joint venture agreements are applied very widely: from participation in tender to short term or even term-less private https://gencs.eu/news/view/2033 Mon, 08 Dec 2014 16:31:04 +0200 https://gencs.eu/news/view/2033 Concept of Franchise Franchise is regulated in Estonia under Law of Obligations act. The act defines that franchise is a contract https://gencs.eu/news/view/2027 Wed, 03 Dec 2014 16:47:35 +0200 https://gencs.eu/news/view/2027 Taxable entities Taxable entities are individuals, legal entities and non-residents that own or have rights to Latvian real estate, including land. https://gencs.eu/news/view/2021 Tue, 02 Dec 2014 16:15:52 +0200 https://gencs.eu/news/view/2021 A court decision does not always satisfy the parties of the dispute. In such case, the best remedy might be https://gencs.eu/news/view/2015 Fri, 28 Nov 2014 16:32:36 +0200 https://gencs.eu/news/view/2015 Successful business model or brand may be leased to another party for period of time; this practice is regarded as https://gencs.eu/news/view/2009 Wed, 26 Nov 2014 14:46:58 +0200 https://gencs.eu/news/view/2009 In September Estonian Foreign Minister Mr Urmas Paet signed convention between the Republic of Estonia and the Kingdom of Morocco https://gencs.eu/news/view/2003 Mon, 24 Nov 2014 11:47:20 +0200 https://gencs.eu/news/view/2003 Prohibited agreements The Competition Law prohibits and proclaims null and void all agreements that have been entered into with the purpose https://gencs.eu/news/view/1996 Thu, 20 Nov 2014 10:34:01 +0200 https://gencs.eu/news/view/1996 Ministry of Justice in Estonia have proposed that starting from 2016 failure to submit annual reports on time would lead https://gencs.eu/news/view/1990 Wed, 19 Nov 2014 10:18:27 +0200 https://gencs.eu/news/view/1990 Following January 1, 2015 all the companies registered in Lithuania are imposed with obligation to change their share capital as https://gencs.eu/news/view/1978 Thu, 13 Nov 2014 17:12:50 +0200 https://gencs.eu/news/view/1978 Mergers, divisions and changes in the form of Latvian companies fall under the reorganization rules. Information further covers the main https://gencs.eu/news/view/1971 Mon, 10 Nov 2014 16:42:01 +0200 https://gencs.eu/news/view/1971 Framework of commercial competition in Estonia is provided in the Competition Act adopted in November 2001. Estonian legislators working on https://gencs.eu/news/view/1963 Fri, 07 Nov 2014 10:04:13 +0200 https://gencs.eu/news/view/1963 When a product released to the market causes injuries or damages, the first task of claimant is to determine a https://gencs.eu/news/view/1957 Wed, 05 Nov 2014 14:33:35 +0200 https://gencs.eu/news/view/1957 The law which determines the rules of payment of this tax is the Law on Real Estate Tax of the https://gencs.eu/news/view/1951 Tue, 04 Nov 2014 12:15:13 +0200 https://gencs.eu/news/view/1951 Relocating your business to another country or city is not only an excellent way to expand your company but it https://gencs.eu/news/view/1943 Thu, 30 Oct 2014 17:29:32 +0200 https://gencs.eu/news/view/1943 On September 6th Lithuanian Ministry of Culture has passed Regulation on movie financing from Lithuanian government funds. In this way https://gencs.eu/news/view/1937 Wed, 29 Oct 2014 11:05:56 +0200 https://gencs.eu/news/view/1937 Relocating your business to another country or city is not only an excellent way to expand your company but it https://gencs.eu/news/view/1931 Tue, 28 Oct 2014 16:01:59 +0200 https://gencs.eu/news/view/1931 Expatriates are liable for Latvian taxes depending on their tax residency. Latvian residents are taxable for their worldwide income. Non-Latvian https://gencs.eu/news/view/1925 Mon, 27 Oct 2014 10:45:36 +0200 https://gencs.eu/news/view/1925 Successful business model or brand may be leased to another party for limited amount of time, this practice is regarded https://gencs.eu/news/view/1919 Fri, 24 Oct 2014 17:30:09 +0300 https://gencs.eu/news/view/1919 The Law on Value Added Tax of the Republic of Lithuania is the main legal act regulating calculation, payment and https://gencs.eu/news/view/1913 Thu, 23 Oct 2014 13:37:54 +0300 https://gencs.eu/news/view/1913 Estonia has taken another gigantic leap in proving that it is an E-State. Starting from 7th of October people from https://gencs.eu/news/view/1905 Tue, 21 Oct 2014 11:00:16 +0300 https://gencs.eu/news/view/1905 The Latvian government introduced in August a new regulation enabling Latvia’s lotteries and gambling regulator to request that domain registry https://gencs.eu/news/view/1899 Mon, 20 Oct 2014 10:50:13 +0300 https://gencs.eu/news/view/1899 Mergers and acquisitions form a part of corporate reorganizations. Reorganization is the process that terminates the legal person without liquidation.  https://gencs.eu/news/view/1893 Thu, 16 Oct 2014 09:29:03 +0300 https://gencs.eu/news/view/1893 The Swedish Supreme Administrative Court have asked from European Court of Justice (C-264/14 Skatteverket v. David Hedqvist) preliminary ruling on https://gencs.eu/news/view/1887 Tue, 14 Oct 2014 16:36:02 +0300 https://gencs.eu/news/view/1887 Estonian legislation defines Social (Security) Tax as financial obligation imposed on taxpayers in order to secure revenue for pension insurance https://gencs.eu/news/view/1881 Mon, 13 Oct 2014 16:59:09 +0300 https://gencs.eu/news/view/1881 Due to economic conditions sometimes it is required to relieve more than one employee at a time. Although these actions https://gencs.eu/news/view/1874 Fri, 10 Oct 2014 13:37:42 +0300 https://gencs.eu/news/view/1874 From the beginning of 2015 Estonian Competition Act and Penal Code are amended. In Estonia misconducts according Competition law have https://gencs.eu/news/view/1868 Thu, 09 Oct 2014 16:36:37 +0300 https://gencs.eu/news/view/1868 On the January 1, 2006 a Law on Real Estate Tax has entered into force. The tax ranges from 0,3% https://gencs.eu/news/view/1862 Tue, 07 Oct 2014 15:14:15 +0300 https://gencs.eu/news/view/1862 On Thursday, 25 September, 2014 the Saeima of the Republic of Latvia has approved in the last reading amendments in https://gencs.eu/news/view/1856 Mon, 06 Oct 2014 10:27:00 +0300 https://gencs.eu/news/view/1856 Annual reports The length of a financial year is estimated to twelve months (one calendar year, unless provided otherwise). There are https://gencs.eu/news/view/1849 Thu, 02 Oct 2014 16:19:21 +0300 https://gencs.eu/news/view/1849 The main sources for false advertising claims are the Advertising Law and the Unfair Commercial Practice Prohibition Law.  The Advertising https://gencs.eu/news/view/1843 Wed, 01 Oct 2014 11:42:05 +0300 https://gencs.eu/news/view/1843 Relocating your business to another country or city is not only an excellent way to expand your company but it https://gencs.eu/news/view/1837 Mon, 29 Sep 2014 10:55:52 +0300 https://gencs.eu/news/view/1837      The hugely successful Legal 500 series of guides reviews the strengths and strategies of law firms in over 90 countries in https://gencs.eu/news/view/1831 Wed, 24 Sep 2014 17:41:21 +0300 https://gencs.eu/news/view/1831 According to the law “On Value-Added Tax”, adopted in March 1995, VAT has to be charged on any supply of https://gencs.eu/news/view/1824 Tue, 23 Sep 2014 17:04:06 +0300 https://gencs.eu/news/view/1824 Concluding of the employment contract The core of the Estonian labor relations is regulated by the Estonian Employment Contracts Act. It https://gencs.eu/news/view/1818 Mon, 22 Sep 2014 16:44:45 +0300 https://gencs.eu/news/view/1818 Accounting records According to laws, accounting records shall clearly display the transactions and financial results of a company, and it shall https://gencs.eu/news/view/1812 Fri, 19 Sep 2014 12:34:12 +0300 https://gencs.eu/news/view/1812 E-money institution can be registered as Limited Liability Company or Joint Stock Company. The share capital of e-money institution has https://gencs.eu/news/view/1806 Wed, 17 Sep 2014 16:51:20 +0300 https://gencs.eu/news/view/1806   As businesses grow internationally and companies are trying to offer their products worldwide, contracts of distribution become a valuable tool. https://gencs.eu/news/view/1800 Tue, 16 Sep 2014 10:19:39 +0300 https://gencs.eu/news/view/1800 Insolvency of an enterprise means the state of an enterprise when it fails to settle with the creditor/creditors and the https://gencs.eu/news/view/1794 Mon, 15 Sep 2014 17:21:02 +0300 https://gencs.eu/news/view/1794 It is important to bear in mind that in Estonia in contrast to a number of European countries there is https://gencs.eu/news/view/1788 Thu, 11 Sep 2014 12:00:44 +0300 https://gencs.eu/news/view/1788 The law “On State Social Insurance”, originally passed in 1998, sets out the application of mandatory statutory social insurance payments https://gencs.eu/news/view/1782 Wed, 10 Sep 2014 12:07:37 +0300 https://gencs.eu/news/view/1782 Following the European Union decision, Lithuania will become the 19th Member of Eurozone from 1st of January 2015. Official https://gencs.eu/news/view/1776 Tue, 09 Sep 2014 13:43:18 +0300 https://gencs.eu/news/view/1776 Electronic money institution in Lithuania shall receive a license according to the provisions of the Law on Electronic Money and https://gencs.eu/news/view/1764 Mon, 08 Sep 2014 16:47:46 +0300 https://gencs.eu/news/view/1764 Personal income tax is imposed on the income of a taxpayer from which deductions pursuant to Estonian tax legislations have https://gencs.eu/news/view/1757 Thu, 04 Sep 2014 13:00:21 +0300 https://gencs.eu/news/view/1757 General Rules about Daily and Weekly Working Time According to the Labor Law the working time means a period from the https://gencs.eu/news/view/1751 Wed, 03 Sep 2014 16:31:55 +0300 https://gencs.eu/news/view/1751 To provide electronic money institution services Limited Liability Company or Joint Stock Company have to be registered in Latvia, with minimal share https://gencs.eu/news/view/1745 Tue, 02 Sep 2014 15:29:31 +0300 https://gencs.eu/news/view/1745 Arbitration is not a novelty way to resolve disputes, however in recent years it has been gaining momentum in Lithuania. https://gencs.eu/news/view/1737 Mon, 01 Sep 2014 14:52:45 +0300 https://gencs.eu/news/view/1737 The Law on Tax Administration, originally adopted in 13 April 2004, sets out the general taxation principles in Lithuania. This https://gencs.eu/news/view/1731 Thu, 28 Aug 2014 13:58:47 +0300 https://gencs.eu/news/view/1731 European Union has not been a big player regarding taxation within member states. EU has considered that taxation is something https://gencs.eu/news/view/1725 Fri, 22 Aug 2014 12:43:06 +0300 https://gencs.eu/news/view/1725   Our law firm is a member of ECTA since May 1st, 2004. We were the first ones from Latvia to https://gencs.eu/news/view/1719 Mon, 18 Aug 2014 11:54:18 +0300 https://gencs.eu/news/view/1719 The Latvian gambling regulator has published its first blacklist of 20 gambling domains including PokerStars, bet365 and 888 in an https://gencs.eu/news/view/1713 Tue, 12 Aug 2014 11:59:23 +0300 https://gencs.eu/news/view/1713 Tell us a bit of your background, what do you study currently?   I study in Tallinn Technical University. I will graduate https://gencs.eu/news/view/1707 Tue, 05 Aug 2014 18:02:22 +0300 https://gencs.eu/news/view/1707 Nowadays every single business relies on advertising to inform customers about their products or services. Every company is trying to https://gencs.eu/news/view/1701 Wed, 30 Jul 2014 13:59:23 +0300 https://gencs.eu/news/view/1701 Changes regarding deductible VAT On the 3rd of July the President of the Republic of Estonia declared the amendments to the https://gencs.eu/news/view/1695 Thu, 24 Jul 2014 16:52:46 +0300 https://gencs.eu/news/view/1695 According to amendments in the Commercial law of Latvia from July 1, 2014 the company can register any amendments in https://gencs.eu/news/view/1689 Thu, 17 Jul 2014 17:24:55 +0300 https://gencs.eu/news/view/1689 On July 11, 2014 the President of Lithuania signed the changes on the Law on the Legal Status of Aliens. https://gencs.eu/news/view/1683 Mon, 14 Jul 2014 10:52:59 +0300 https://gencs.eu/news/view/1683 Estonian Tax and Customs Board took on new government regulation. From 1st of July, Tax and Customs Board created an https://gencs.eu/news/view/1677 Fri, 27 Jun 2014 17:27:41 +0300 https://gencs.eu/news/view/1677 On May 24, 2014 the Order No. 1V-354/V-76 of the Minister of Internal Affairs and the Minister of Foreign Affairs https://gencs.eu/news/view/1671 Fri, 27 Jun 2014 17:10:23 +0300 https://gencs.eu/news/view/1671 On June 19, the Nordic and Baltic Embassies together with their Chambers of Commerce celebrated Nordic-Baltic Midsummer in Kairenai Botanical https://gencs.eu/news/view/1665 Fri, 20 Jun 2014 10:40:17 +0300 https://gencs.eu/news/view/1665 Lithuanian government has submitted Tax administration law amendment which increase control powers granted to Lithuanian tax authority. After negotiations Parliament https://gencs.eu/news/view/1659 Tue, 17 Jun 2014 15:21:52 +0300 https://gencs.eu/news/view/1659 On  April 2014 Lithuanian president passed decree‘s which enacted 5 Treaty‘s on avoidance of double taxation signed between Republic of https://gencs.eu/news/view/1653 Fri, 13 Jun 2014 14:31:57 +0300 https://gencs.eu/news/view/1653      Our lawyer Valters Gencs as the only representative from Riga, Latvia attended the 2014 MULTILAW Europe, Middle East & Africa https://gencs.eu/news/view/1647 Wed, 11 Jun 2014 11:53:07 +0300 https://gencs.eu/news/view/1647   In order to implement directive 2011/83/EU of the European Parliament and of the Council, the amendments to the Civil Code https://gencs.eu/news/view/1641 Thu, 05 Jun 2014 14:24:55 +0300 https://gencs.eu/news/view/1641 Lithuanian Parliament has recently voted in favour of acceptance of the Law on Euro adoption in the Republic of Lithuania https://gencs.eu/news/view/1635 Tue, 03 Jun 2014 12:31:40 +0300 https://gencs.eu/news/view/1635 On 20th of May 2014 the President of the Republic of Estonia Toomas Henrik Ilves proclaimed law (493 UA) for https://gencs.eu/news/view/1629 Fri, 30 May 2014 17:04:13 +0300 https://gencs.eu/news/view/1629    We are glad to announce that the Law Firm Gencs Valters has recently moved to the World Trade Centre 6th floor, https://gencs.eu/news/view/1623 Mon, 26 May 2014 10:36:41 +0300 https://gencs.eu/news/view/1623 On May 8, 2014 Latvian Saeima passed amendments to the Immigration Law. The law provides that a third-country citizen may https://gencs.eu/news/view/1617 Thu, 22 May 2014 13:02:30 +0300 https://gencs.eu/news/view/1617 Gencs Valters Law Firm representative Gunda Leite attended our client L'Oréal and UNESCO Award ceremony  for Women in Science that took https://gencs.eu/news/view/1611 Thu, 15 May 2014 11:35:06 +0300 https://gencs.eu/news/view/1611 Q: Stephan, can you tell us more about yourself and your background? I am a Belgian citizen, living in Brussels. I https://gencs.eu/news/view/1605 Tue, 13 May 2014 14:31:41 +0300 https://gencs.eu/news/view/1605 Extraordinary dividends According to amendments in the Commercial law of Latvia as of 01.07.2014 will be possible to pay out dividends https://gencs.eu/news/view/1599 Tue, 06 May 2014 17:01:44 +0300 https://gencs.eu/news/view/1599   Corporate Income Tax Rates in Baltics Country Stand https://gencs.eu/news/view/1587 Thu, 17 Apr 2014 13:31:07 +0300 https://gencs.eu/news/view/1587 Taxpayers Corporate income tax is paid by: domestic companies – residents; non-residents; permanent representative offices of non-residents that perform economic activity. Taxable objects Corporate income https://gencs.eu/news/view/1581 Tue, 15 Apr 2014 12:01:28 +0300 https://gencs.eu/news/view/1581   About Legal 500: The hugely successful Legal 500 series of guides reviews the strengths and strategies of law firms in over 90 countries https://gencs.eu/news/view/1575 Thu, 10 Apr 2014 12:30:59 +0300 https://gencs.eu/news/view/1575 European Union citizens   EU citizens have the right to stay in Latvia on the basis of a valid travel document for https://gencs.eu/news/view/1569 Mon, 07 Apr 2014 10:38:54 +0300 https://gencs.eu/news/view/1569 According to the Civil Code of the Republic of Lithuania, the prescription period is a time period established by laws https://gencs.eu/news/view/1563 Thu, 03 Apr 2014 11:47:32 +0300 https://gencs.eu/news/view/1563 Meeting the Spanish representatives from the Spanish Embassy in Latvia as well as the Spanish representatives from the Economic and https://gencs.eu/news/view/1551 Thu, 27 Mar 2014 16:39:13 +0200 https://gencs.eu/news/view/1551 Very basics of trademarks in Latvia When people thinking about trademarks most often they think about word trademarks such as Coca-Cola, https://gencs.eu/news/view/1545 Tue, 25 Mar 2014 13:46:24 +0200 https://gencs.eu/news/view/1545   A resident of one country carrying on business in another other country generally will be subject to that country’s income https://gencs.eu/news/view/1539 Wed, 19 Mar 2014 09:58:13 +0200 https://gencs.eu/news/view/1539 Multilaw has put together a “Guide on How to Buy and Sell Real Estate” https://gencs.eu/news/view/1533 Fri, 07 Mar 2014 13:32:15 +0200 https://gencs.eu/news/view/1533 Pre-trial. Proceedings including sending official notifications to the debtor and fulfilling all the necessary formalities before the an eventual trial is https://gencs.eu/news/view/1527 Thu, 06 Mar 2014 10:38:20 +0200 https://gencs.eu/news/view/1527 In Latvia the most popular form of covering debt through the court is the Compulsory Execution of Obligations in Accordance https://gencs.eu/news/view/1521 Tue, 04 Mar 2014 12:58:10 +0200 https://gencs.eu/news/view/1521 Prescription period in civil rights and commercial rights as well is period of time when the claims have to be https://gencs.eu/news/view/1515 Thu, 27 Feb 2014 17:36:43 +0200 https://gencs.eu/news/view/1515       Video is available here https://gencs.eu/news/view/1509 Wed, 26 Feb 2014 15:04:43 +0200 https://gencs.eu/news/view/1509 In Lithuania the most popular form of covering debt through the court is the Compulsory Execution of Obligations in Accordance https://gencs.eu/news/view/1503 Mon, 24 Feb 2014 14:39:09 +0200 https://gencs.eu/news/view/1503 On February 6, 2014, in the meeting of Secretaries of the State, was announced the draft law, prepared by the https://gencs.eu/news/view/1497 Wed, 19 Feb 2014 16:39:18 +0200 https://gencs.eu/news/view/1497   Price fixing generally is understood as the restriction of the buyer's ability to determine its sale price. However not https://gencs.eu/news/view/1491 Thu, 06 Feb 2014 10:40:07 +0200 https://gencs.eu/news/view/1491   Valters Gencs at Gencs Valters Law Firm is a full-time tax consultant and well-known adviser, not just in Latvia https://gencs.eu/news/view/1473 Wed, 05 Feb 2014 14:45:41 +0200 https://gencs.eu/news/view/1473   Chambers and Partners has released its global firm rankings for 2012. This is a guide to the world's https://gencs.eu/news/view/1461 Mon, 03 Feb 2014 11:52:28 +0200 https://gencs.eu/news/view/1461 International Financial Law Review - IFLR 1000, the guide to the world`s leading financial law firms, recognized Gencs Valters https://gencs.eu/news/view/1455 Fri, 31 Jan 2014 16:56:52 +0200 https://gencs.eu/news/view/1455 The most popular form of covering debt in Lithuania and Latvia through the court is the Compulsory Execution of Obligations https://gencs.eu/news/view/1443 Fri, 24 Jan 2014 13:46:37 +0200 https://gencs.eu/news/view/1443 On 1 January 2014, amendments to the Latvian Civil Law came into force significantly affecting all contracts where the parties https://gencs.eu/news/view/1431 Thu, 16 Jan 2014 16:02:04 +0200 https://gencs.eu/news/view/1431 IMMIGRATION AND RESIDENCY IN LATVIA European Union citizens   EU citizens have the right to stay in Latvia on the basis of a https://gencs.eu/news/view/1425 Mon, 13 Jan 2014 10:10:50 +0200 https://gencs.eu/news/view/1425 Trade secrets and confidential information are inseparable from business development in any country. Trade secrets and confidential information is so https://gencs.eu/news/view/1413 Tue, 07 Jan 2014 11:58:57 +0200 https://gencs.eu/news/view/1413 From January 1, 2014 till July 30, 2016 Capital company must re-register its share capital in the Register of Enterprises.   The https://gencs.eu/news/view/1395 Fri, 03 Jan 2014 14:15:18 +0200 https://gencs.eu/news/view/1395 In today's Latvia, a foreign national essentially stands in the same position as a Latvian citizen when it comes to https://gencs.eu/news/view/1389 Thu, 02 Jan 2014 15:15:19 +0200 https://gencs.eu/news/view/1389 The Estonian development fund – a proposal for a smart specialization committee to improve targeting the investments   The fund has https://gencs.eu/news/view/1377 Tue, 17 Dec 2013 15:58:48 +0200 https://gencs.eu/news/view/1377 This guide gives an overview introduction to the key requirements when buying or selling real estate in Lithuania. This paper https://gencs.eu/news/view/1371 Mon, 16 Dec 2013 14:25:41 +0200 https://gencs.eu/news/view/1371 Estonian Parliament has adopted the Value Added Tax Act and Accounting Act on https://gencs.eu/news/view/1365 Thu, 12 Dec 2013 14:08:30 +0200 https://gencs.eu/news/view/1365 This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview https://gencs.eu/news/view/1359 Wed, 04 Dec 2013 17:11:23 +0200 https://gencs.eu/news/view/1359 Tikai cietušo esamība uz brīdi ir veicinājusi publiskas diskusijas par būvniecības procesiem, par būvniecību regulējošo likumu piemērošanu un https://gencs.eu/news/view/1353 Tue, 26 Nov 2013 11:34:25 +0200 https://gencs.eu/news/view/1353 Lithuanian Seimas enacts amendments to Personal income tax (PIT) law.   Among the welcome improvements is lowering of PIT for most common https://gencs.eu/news/view/1347 Thu, 21 Nov 2013 09:51:00 +0200 https://gencs.eu/news/view/1347 In addition of being a member of WTO, EU, NATO, EMU and OECD, one of the reasons why Estonia has https://gencs.eu/news/view/1341 Fri, 15 Nov 2013 12:08:05 +0200 https://gencs.eu/news/view/1341 Latvia: Amendments to Labour Law   On October 3, 2013 Saeima in the first reading reviewed and accepted amendments to Latvian Labour https://gencs.eu/news/view/1335 Wed, 13 Nov 2013 16:24:25 +0200 https://gencs.eu/news/view/1335   The Estonian Ministry of Finance has been initiated draft Value-Added Tax Act.  Planned changes foresee that upon purchase or use https://gencs.eu/news/view/1329 Tue, 12 Nov 2013 16:12:04 +0200 https://gencs.eu/news/view/1329 President of Latvia Andris Berzins on November 9, 2013 has returned the previously approved amendments to the Immigration Law that https://gencs.eu/news/view/1323 Mon, 11 Nov 2013 09:34:34 +0200 https://gencs.eu/news/view/1323   The Estonian Ministry of Finance has initiated draft Income Tax Act and Value-Added Tax Act that will considerably change taxation https://gencs.eu/news/view/1317 Wed, 06 Nov 2013 17:22:58 +0200 https://gencs.eu/news/view/1317 Even if national legislation regulates the mergers in the major cases, the EU legislation has its own laws regulating the https://gencs.eu/news/view/1311 Fri, 01 Nov 2013 14:03:20 +0200 https://gencs.eu/news/view/1311 On October 31, 2013 Latvian Saeima passed amendments to the Immigration Law.   The law provides that a third-country citizen may apply https://gencs.eu/news/view/1305 Mon, 28 Oct 2013 16:29:45 +0200 https://gencs.eu/news/view/1305 On November 6, 2013 in Saeima in the second reading shall be considered Draft law on Amendments to the Micro-enterprise https://gencs.eu/news/view/1299 Fri, 25 Oct 2013 12:42:56 +0300 https://gencs.eu/news/view/1299 Supreme Court Senate, in case Nr.SKA-21/2013, due to LLC “RDN” claim against the State Revenue Service of Republic of Latvia https://gencs.eu/news/view/1293 Fri, 18 Oct 2013 14:59:32 +0300 https://gencs.eu/news/view/1293           CORPORATE INCOME TAX IN LATVIA   Taxpayers Corporate income tax is paid by: https://gencs.eu/news/view/1281 Tue, 08 Oct 2013 11:39:26 +0300 https://gencs.eu/news/view/1281 Because of the free movement of labour, goods and services tax information is needed around the European Union. As European https://gencs.eu/news/view/1275 Fri, 04 Oct 2013 15:25:03 +0300 https://gencs.eu/news/view/1275  Supreme Court Senate, in case Nr.SKA-358/2013, due to Swedish company “Snickers Workwear AB” claim against the State Revenue Service of https://gencs.eu/news/view/1269 Mon, 30 Sep 2013 15:09:15 +0300 https://gencs.eu/news/view/1269 This summer Gencs Valters Law Firm hosted two Czech students from Charles University in Prague and a Lithuanian law student https://gencs.eu/news/view/1263 Fri, 20 Sep 2013 11:44:23 +0300 https://gencs.eu/news/view/1263 Recently European Court of Justice clarified some legislation connected to trademarks.[1]   First as the court has concluded that one of conditions https://gencs.eu/news/view/1257 Thu, 19 Sep 2013 11:59:21 +0300 https://gencs.eu/news/view/1257 Lithuanian High Court in June, 2013 adjudicated in favor of non-professional investor and set the precedent for many cases since https://gencs.eu/news/view/1251 Fri, 13 Sep 2013 13:18:05 +0300 https://gencs.eu/news/view/1251 Latvia is replacing its currency, the lats, with the euro on 1 January 2014.   The conversion rate is set at 0.702804 Latvian lats to one https://gencs.eu/news/view/1245 Tue, 10 Sep 2013 11:49:54 +0300 https://gencs.eu/news/view/1245 Snoras creditors attempt to raise their chances on retrieving bigger portion of their assets held in Snoras brought bitter results. https://gencs.eu/news/view/1239 Mon, 09 Sep 2013 10:54:06 +0300 https://gencs.eu/news/view/1239 Lithuanian High Court adopted a decision in favor of non-professional investor in 2013 June, which is a precedent for other https://gencs.eu/news/view/1233 Thu, 05 Sep 2013 17:19:44 +0300 https://gencs.eu/news/view/1233 In 2013 august it was indicated the administrator of BAB Ūkio bankas will not accept the creditors’ claims lodged not https://gencs.eu/news/view/1227 Fri, 30 Aug 2013 16:23:35 +0300 https://gencs.eu/news/view/1227 Four months ahead of its planned euro-zone entry, Latvian lawmakers are debating whether to roll up a special welcome https://gencs.eu/news/view/1221 Thu, 29 Aug 2013 10:58:17 +0300 https://gencs.eu/news/view/1221 Tax system of Estonia consists of national taxes and local taxes. National taxes are income tax, social tax, land tax https://gencs.eu/news/view/1215 Fri, 02 Aug 2013 16:08:21 +0300 https://gencs.eu/news/view/1215 Euro-zone business activity expanded in July for the first time in 18 months showing recent evidence that the region's economy https://gencs.eu/news/view/1209 Mon, 29 Jul 2013 17:06:53 +0300 https://gencs.eu/news/view/1209   On July 25, 2013 in the meeting of Secretaries of the State were announced amendments to the Personal Income Tax https://gencs.eu/news/view/1203 Fri, 26 Jul 2013 14:58:49 +0300 https://gencs.eu/news/view/1203 A number of EU Member States, including Latvia, have agreed within the EU VAT forum to commence a test case https://gencs.eu/news/view/1197 Mon, 22 Jul 2013 13:10:45 +0300 https://gencs.eu/news/view/1197 Our law firm in Latvia was established in 2000 in Riga where the firm's main office is located. In 2007 https://gencs.eu/news/view/1191 Wed, 17 Jul 2013 11:25:51 +0300 https://gencs.eu/news/view/1191  Meeting the Czech ambassador in Riga concerning business development of clients in the Valters Gencs Law Firm was a very https://gencs.eu/news/view/1185 Wed, 10 Jul 2013 12:53:28 +0300 https://gencs.eu/news/view/1185 On 1st of July Lithuania introduced court e-services portal and joined other European countries in development of the online https://gencs.eu/news/view/1179 Tue, 02 Jul 2013 10:07:21 +0300 https://gencs.eu/news/view/1179 A recent ruling of the Supreme Court of Estonia concerns liability of management board members. In order to become https://gencs.eu/news/view/1173 Fri, 28 Jun 2013 15:17:54 +0300 https://gencs.eu/news/view/1173 1 Framework in Latvia 1.1 When did Latvia first liberalise telecommunications networks and/or services? The liberalisation of Latvia's telecommunications networks services https://gencs.eu/news/view/1167 Fri, 21 Jun 2013 14:54:59 +0300 https://gencs.eu/news/view/1167 Estonian Tax and Customs authorities are entitled to deliver documents electronically to the taxpayers as well as, on their own https://gencs.eu/news/view/1161 Mon, 17 Jun 2013 17:13:36 +0300 https://gencs.eu/news/view/1161 Minimum share capital The minimum share capital required to establish a limited liability company is EUR 2500 which shall be paid https://gencs.eu/news/view/1155 Fri, 14 Jun 2013 17:30:07 +0300 https://gencs.eu/news/view/1155 On may 14th, the 27 Ministers of Economy of the Member States of the European Union, were gathered in Brussels https://gencs.eu/news/view/1149 Fri, 07 Jun 2013 16:41:48 +0300 https://gencs.eu/news/view/1149   Lithuanian law on tax administration introduced a new requirement which is significant to investors doing Business in Lithuania. Article 421 of https://gencs.eu/news/view/1143 Tue, 04 Jun 2013 17:09:58 +0300 https://gencs.eu/news/view/1143 The vessel might be registered under the Latvian flag if the owner of the vessel is the company registered https://gencs.eu/news/view/1137 Thu, 30 May 2013 17:15:07 +0300 https://gencs.eu/news/view/1137 The Gencs Valters Law Firm provides representation before the European Patent Office (EPO) in Munich (Germany) for https://gencs.eu/news/view/1131 Wed, 22 May 2013 14:30:16 +0300 https://gencs.eu/news/view/1131 The most common form of a business presence in Latvia is a limited liability company [SIA].   The minimum share capital required https://gencs.eu/news/view/1125 Mon, 20 May 2013 14:38:08 +0300 https://gencs.eu/news/view/1125  On May 14th, members of 10 foreign chambers met with the mayoral candidates for Riga municipal election 2013 https://gencs.eu/news/view/1119 Thu, 16 May 2013 10:14:22 +0300 https://gencs.eu/news/view/1119 European Union citizens   EU citizens have the right to stay in Latvia on the basis of a valid travel document for https://gencs.eu/news/view/1113 Tue, 14 May 2013 14:16:31 +0300 https://gencs.eu/news/view/1113 On May 9, 2013 the parliament of Latvia the final reading adopted amendments to the Citizenship Law that https://gencs.eu/news/view/1101 Thu, 09 May 2013 11:02:09 +0300 https://gencs.eu/news/view/1101   Gencs Valters Law Firm supports National Day of Sweden Celebration in Latvia   a National Day Concert will take place in Latvian https://gencs.eu/news/view/1095 Tue, 07 May 2013 16:34:51 +0300 https://gencs.eu/news/view/1095 On May 17, 2013 Gencs Valters Law Firm's Estonian Lawyer Andi Liblikman will participate in Estonia - Latvia project https://gencs.eu/news/view/1089 Fri, 03 May 2013 10:22:07 +0300 https://gencs.eu/news/view/1089 Q: Zlata, can you tell us more about your background? A: I am a Belarusian citizen, currently student of European Humanities https://gencs.eu/news/view/1083 Mon, 29 Apr 2013 11:17:50 +0300 https://gencs.eu/news/view/1083 Value Added Tax Rates in Baltics Country Standart rate Decreased rate https://gencs.eu/news/view/1077 Thu, 25 Apr 2013 18:03:27 +0300 https://gencs.eu/news/view/1077 From the beginning of 2013, German firms have been acting in very optimistic way int the Baltic markets. Positive https://gencs.eu/news/view/1071 Tue, 23 Apr 2013 11:35:34 +0300 https://gencs.eu/news/view/1071 Personal Income Tax Rates in Baltics Country Social Tax- employee share Social Tax- employer share https://gencs.eu/news/view/1065 Mon, 22 Apr 2013 13:16:06 +0300 https://gencs.eu/news/view/1065 It has been noted at the international level that Baltic economies are growing. SEB pointed this out at its Eastern https://gencs.eu/news/view/1059 Thu, 18 Apr 2013 10:56:41 +0300 https://gencs.eu/news/view/1059 Estonian Black Economy will be under scrutiny by the decision given by the Tax and Customs Board for period 2013-2016. https://gencs.eu/news/view/1047 Mon, 08 Apr 2013 11:40:08 +0300 https://gencs.eu/news/view/1047 Q: Lelde Plūksna, can you tell us more about your background? I'm from Latvia myself, but ended up studying my Bachelor's https://gencs.eu/news/view/1035 Tue, 02 Apr 2013 11:31:23 +0300 https://gencs.eu/news/view/1035   Corporate Income Tax Rates in Baltics Country Standard rate Decreased rat https://gencs.eu/news/view/1029 Thu, 28 Mar 2013 14:13:19 +0200 https://gencs.eu/news/view/1029     Gencs Valters Law Firm has been recommended as a TOP TIER FIRM in 2 practice areas:   L https://gencs.eu/news/view/1023 Tue, 26 Mar 2013 10:22:24 +0200 https://gencs.eu/news/view/1023   Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises assesses regulations affecting domestic firms in 185 economies https://gencs.eu/news/view/1017 Thu, 21 Mar 2013 13:20:17 +0200 https://gencs.eu/news/view/1017 We provide representation before the European Patent Office (EPO) in Munich (Germany) for European patent https://gencs.eu/news/view/1011 Tue, 19 Mar 2013 14:20:29 +0200 https://gencs.eu/news/view/1011 We are glad to inform you that our firm has been given the accolade of an InterContinental Finance 2013 https://gencs.eu/news/view/1005 Fri, 15 Mar 2013 14:18:59 +0200 https://gencs.eu/news/view/1005 In close cooperation with the organizations represented by the entrepreneurs was developed the Value Added Tax Law in Latvia, which https://gencs.eu/news/view/999 Tue, 12 Mar 2013 13:58:40 +0200 https://gencs.eu/news/view/999     https://gencs.eu/news/view/993 Mon, 11 Mar 2013 11:58:48 +0200 https://gencs.eu/news/view/993 Q: Jakub, could you please brielfy introduce yourself? A: I am Czech citizen, currently student of Masaryk University in Brno. Just https://gencs.eu/news/view/981 Thu, 07 Mar 2013 14:58:21 +0200 https://gencs.eu/news/view/981   Gencs Valters Law Firm is listed in International Tax Planning Association's Green Book 2013 as Latvian law firm recomended in: https://gencs.eu/news/view/975 Wed, 06 Mar 2013 14:36:30 +0200 https://gencs.eu/news/view/975     This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview https://gencs.eu/news/view/969 Mon, 04 Mar 2013 11:53:37 +0200 https://gencs.eu/news/view/969       Q: Bogdan Enica, can you tell us more about your background? A: I am a newly admitted New Jersey attorney studying https://gencs.eu/news/view/963 Wed, 27 Feb 2013 15:58:41 +0200 https://gencs.eu/news/view/963   Latvia became the European Union Member State on May 1, 2004. The Treaty of Accession envisaged that Latvia shall have https://gencs.eu/news/view/957 Mon, 25 Feb 2013 16:02:39 +0200 https://gencs.eu/news/view/957   During the economic crisis a question of costs optimization has become one of the top ones. Consequently, many people started https://gencs.eu/news/view/951 Thu, 21 Feb 2013 17:16:41 +0200 https://gencs.eu/news/view/951     LIST OF VAT RATES APPLIED IN THE MEMBER STATES   https://gencs.eu/news/view/945 Wed, 20 Feb 2013 12:49:24 +0200 https://gencs.eu/news/view/945     This guide gives an overview introduction to the key requirements when buying or selling real estate in Lithuania. This paper https://gencs.eu/news/view/939 Tue, 19 Feb 2013 14:55:37 +0200 https://gencs.eu/news/view/939     In today's Latvia, a foreign national essentially stands in the same position as a Latvian citizen when it comes to https://gencs.eu/news/view/933 Mon, 18 Feb 2013 17:15:20 +0200 https://gencs.eu/news/view/933     Our Law Firm kindly welcomes foreign interns, especially from ERASMUS to join our team and to bring a variety of https://gencs.eu/news/view/928 Fri, 15 Feb 2013 09:57:16 +0200 https://gencs.eu/news/view/928           The Embassy of Sweden in Latvia expresses its gratitude for the g https://gencs.eu/news/view/923 Thu, 14 Feb 2013 16:11:51 +0200 https://gencs.eu/news/view/923     INTERNATIONAL ASSOCIATION FOR THE PROTECTION OF INTELLECTUAL PROPERTY (AIPPI), a politically neutral, non-profit organization, domiciled in https://gencs.eu/news/view/918 Wed, 13 Feb 2013 14:05:06 +0200 https://gencs.eu/news/view/918     IMMIGRATION AND RESIDENCY IN LATVIA     European Union citizens   EU citizens have the right to stay in Latvia on the basis of a https://gencs.eu/news/view/913 Tue, 12 Feb 2013 15:09:47 +0200 https://gencs.eu/news/view/913     Please find special Power of Attorney for Trademark and Patent filings in Lithuania below. More Powers of Attorney, Assignments https://gencs.eu/news/view/908 Fri, 08 Feb 2013 17:30:36 +0200 https://gencs.eu/news/view/908     Please find special Power of Attorney for Trademark and Patent filings in Latvia below. More Powers of Attorney, Assignments for https://gencs.eu/news/view/903 Thu, 07 Feb 2013 14:56:51 +0200 https://gencs.eu/news/view/903    GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Inspectorate has exclusive jurisdiction for most employment claims, but in certain cases and https://gencs.eu/news/view/898 Wed, 06 Feb 2013 11:49:30 +0200 https://gencs.eu/news/view/898 GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Dispute Law has been in force since 01.01.2003. Any party to an individual https://gencs.eu/news/view/893 Tue, 05 Feb 2013 10:52:31 +0200 https://gencs.eu/news/view/893        GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Disputes Commission has exclusive jurisdiction for most claims, but in certain https://gencs.eu/news/view/888 Thu, 31 Jan 2013 16:05:39 +0200 https://gencs.eu/news/view/888   European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid travel https://gencs.eu/news/view/883 Tue, 29 Jan 2013 14:57:00 +0200 https://gencs.eu/news/view/883     The Latvian parliament recently adopted, in a final reading, a long-awaited new VAT law to replace the 1995 Law On https://gencs.eu/news/view/878 Thu, 17 Jan 2013 16:57:11 +0200 https://gencs.eu/news/view/878     The income tax rate currently applicable in Estonia is 21%. The tax rate is subject to change in 2015 when https://gencs.eu/news/view/873 Wed, 16 Jan 2013 10:12:33 +0200 https://gencs.eu/news/view/873     On January 10, 2013 Estonian government endorsed the change in minimum salary in Estonia. The minimum salary was increased to https://gencs.eu/news/view/868 Tue, 15 Jan 2013 13:05:12 +0200 https://gencs.eu/news/view/868     After several decades of constant debates concerning the development of European Patent System on 11th December 2012 finally European Parliament https://gencs.eu/news/view/863 Mon, 14 Jan 2013 10:31:22 +0200 https://gencs.eu/news/view/863     Looking back at year 2012, Latvia, Lithuania and Estonia are ranked between countries with the lowest personal income tax rates. https://gencs.eu/news/view/858 Fri, 11 Jan 2013 11:01:49 +0200 https://gencs.eu/news/view/858     The Parliament of Republic of Latvia (Saeima) on November 29, 2012 in the final reading adopted Value Added Tax Law, https://gencs.eu/news/view/853 Thu, 10 Jan 2013 14:30:49 +0200 https://gencs.eu/news/view/853   Starting from January 1st 2013 few tax changes came into force.   1. Changes in the Income Tax Act   Starting from 2013 https://gencs.eu/news/view/848 Mon, 07 Jan 2013 11:49:56 +0200 https://gencs.eu/news/view/848   Starting from January 1st 2013 few tax changes came into force.   What concerns the Lithuanian VAT law, preferential VAT rates https://gencs.eu/news/view/838 Wed, 19 Dec 2012 10:38:10 +0200 https://gencs.eu/news/view/838     The Court of Justice of the European Union stated on a Press Release, on December 6 of this year. https://gencs.eu/news/view/833 Mon, 17 Dec 2012 14:46:21 +0200 https://gencs.eu/news/view/833         In the companies, where the total amount of the consideration for goods and/or services supplied during a year (in https://gencs.eu/news/view/828 Tue, 11 Dec 2012 13:52:02 +0200 https://gencs.eu/news/view/828     Summary: Considering arguments of International Law, Enforcing the judgment in the case "fly LAL Lithuanian Airlines" AS may be considered https://gencs.eu/news/view/823 Fri, 07 Dec 2012 12:32:44 +0200 https://gencs.eu/news/view/823     https://gencs.eu/news/view/818 Mon, 03 Dec 2012 11:35:41 +0200 https://gencs.eu/news/view/818   Estonian Value Added Tax Act (Käibemaksuseadus) is in accordance with EU Sixth VAT Directive.   The sales of most of the goods https://gencs.eu/news/view/813 Thu, 29 Nov 2012 13:17:57 +0200 https://gencs.eu/news/view/813     On 7th November 2012 during the meeting of Lithuanian government the Fifth Business Improvement Report was presented, observing the upcoming https://gencs.eu/news/view/803 Tue, 27 Nov 2012 13:02:16 +0200 https://gencs.eu/news/view/803     M+K is a commercial law firm with offices in Melbourne, Sydney, Brisbane and Hobart as well offices in Dandenong (South https://gencs.eu/news/view/798 Mon, 26 Nov 2012 17:12:56 +0200 https://gencs.eu/news/view/798     DATA CONTROLLER   Legal requirements   A processor of personal data is a natural or legal person, a branch of a foreign company or https://gencs.eu/news/view/793 Fri, 23 Nov 2012 15:10:42 +0200 https://gencs.eu/news/view/793 ACCESS Legal requirement Access to information is guaranteed by the Constitution of the Republic of Estonia. Article 44 which provides that everyone https://gencs.eu/news/view/778 Wed, 14 Nov 2012 10:41:18 +0200 https://gencs.eu/news/view/778     IMMIGRATION AND RESIDENCY IN LATVIA   European Union citizens   EU citizens have the right to stay in Latvia on the basis of a https://gencs.eu/news/view/773 Tue, 13 Nov 2012 10:47:53 +0200 https://gencs.eu/news/view/773   On 7th September 2012 the Ministry of Economy of the Republic of Lithuania submitted a Draft Law on the amendment https://gencs.eu/news/view/768 Mon, 12 Nov 2012 12:03:50 +0200 https://gencs.eu/news/view/768     Estonian Parliament made several remarkable decisions in June 2011 regarding legal acts in Estonian taxation field that came into force https://gencs.eu/news/view/763 Fri, 09 Nov 2012 13:33:28 +0200 https://gencs.eu/news/view/763   Lawyers from Gencs Valters Law Firm are included in the third edition of Best Lawyers in Latvia: Aija Lure-Bogdanova in Regulatory https://gencs.eu/news/view/758 Thu, 08 Nov 2012 13:45:15 +0200 https://gencs.eu/news/view/758     During the presentation, there was a discussion of the differences and similarities between European and law in New Zealand law.   By https://gencs.eu/news/view/753 Wed, 07 Nov 2012 10:23:34 +0200 https://gencs.eu/news/view/753   In the year 2012 Lithuanian economy kept growing slowly, but steadily. As Lithuania has not still entered the Euro zone, https://gencs.eu/news/view/748 Tue, 06 Nov 2012 12:51:25 +0200 https://gencs.eu/news/view/748   On January 1, 2012 in Latvia came into force several legislative projects, what were in responsibility of the Ministry of https://gencs.eu/news/view/738 Fri, 02 Nov 2012 13:33:00 +0200 https://gencs.eu/news/view/738     View latest newspaper of British Chamber of Commerce in Lithuania here https://gencs.eu/news/view/733 Thu, 01 Nov 2012 16:05:09 +0200 https://gencs.eu/news/view/733     Estonian Minister of Foreign Affairs Urmas Paet and Uzbekistan Minister of Foreign Affairs Abdulaziz Kamilov signed a Double Taxation Avoidance https://gencs.eu/news/view/728 Wed, 31 Oct 2012 14:11:06 +0200 https://gencs.eu/news/view/728   Estonian Foreign Minister Urmas Paet had an official meeting in New York with Thai Minister of Foreign Affairs Surapong Tovichakchaikul https://gencs.eu/news/view/723 Tue, 30 Oct 2012 10:35:48 +0200 https://gencs.eu/news/view/723   Estonian Minister of Foreign Affairs Urmas Paet and Mexican Minister of Finance José Antonio Meade Kuribregana signed a Double Taxation https://gencs.eu/news/view/718 Mon, 29 Oct 2012 14:16:05 +0200 https://gencs.eu/news/view/718     Estonian Minister of Foreign Affairs Urmas Paet and Cyprian Minister of Foreign Affairs Erato Kozakou-Marcoullis signed a Double Taxation Avoidance https://gencs.eu/news/view/713 Fri, 26 Oct 2012 15:54:48 +0300 https://gencs.eu/news/view/713     Estonian Debt Restructuring and Debt Protection Act came info forceon  April 5, 2011. The purpose of the Act is to https://gencs.eu/news/view/703 Wed, 24 Oct 2012 13:48:17 +0300 https://gencs.eu/news/view/703   Starting from 1st of Januari 2009, the VAT in Estonia for funeral services have been 18%  risen from the previous https://gencs.eu/news/view/688 Thu, 18 Oct 2012 17:15:59 +0300 https://gencs.eu/news/view/688   On October 16, 2012 were announced winners of Swedish Business Awards 2012 for Latvia. Nomination Committee consisting of representatives from https://gencs.eu/news/view/683 Thu, 18 Oct 2012 12:13:24 +0300 https://gencs.eu/news/view/683 Withdrawal of business goods in Latvia The supply of goods consisting of the application by a taxable person of goods forming https://gencs.eu/news/view/678 Wed, 17 Oct 2012 14:18:17 +0300 https://gencs.eu/news/view/678 Estonian Minister of Justice presented a new draft to the Estonian Parliament’s Constitutional Committee last week. The new proposed draft https://gencs.eu/news/view/673 Tue, 16 Oct 2012 14:53:16 +0300 https://gencs.eu/news/view/673 As a result of the bank Snoras bankruptcy case some changes of the Law on the Banks have been https://gencs.eu/news/view/668 Mon, 15 Oct 2012 13:46:23 +0300 https://gencs.eu/news/view/668   The Lithuanian Finance Ministry proposed to commence negotiations for the avoidance of double taxation and prevention of fiscal evasion treaty https://gencs.eu/news/view/663 Fri, 12 Oct 2012 10:25:27 +0300 https://gencs.eu/news/view/663   Government of Italy has proposed to decrease from 2013 the income tax rate for those earning up to €15,000 euros https://gencs.eu/news/view/658 Thu, 11 Oct 2012 17:02:58 +0300 https://gencs.eu/news/view/658 The European Commission, first proposed the tax for all 27 EU states a year ago. Under the commission's https://gencs.eu/news/view/653 Tue, 09 Oct 2012 14:12:09 +0300 https://gencs.eu/news/view/653     Gencs Valters Law Firm held on September 19, 2012 seminar „How to do Business in the United States of America” https://gencs.eu/news/view/648 Tue, 09 Oct 2012 11:44:41 +0300 https://gencs.eu/news/view/648     During the official visit of President of the Republic of Turkmenistan to the Republic of Latvia, on September 11, 2012 https://gencs.eu/news/view/643 Mon, 08 Oct 2012 10:46:33 +0300 https://gencs.eu/news/view/643      On September 18, 2012 the Cabinet of Ministers of Republic of Latvia revised the amendments to the Law on Personal https://gencs.eu/news/view/638 Fri, 05 Oct 2012 15:09:55 +0300 https://gencs.eu/news/view/638 18 - 21 Oct 2012   This year's conference will be in two cities with the Thursday and Friday programme taking https://gencs.eu/news/view/613 Tue, 02 Oct 2012 10:10:22 +0300 https://gencs.eu/news/view/613   (treaties relevant for business relations are bold)   Investment Incentive Agreement between the Government of the Republic of Latvia and the Government https://gencs.eu/news/view/598 Thu, 27 Sep 2012 16:25:17 +0300 https://gencs.eu/news/view/598   Seminar presentation form Susan Grogan Faller and Joe Dehner; Frost Brown Todd LLC | Cincinnati USA   https://gencs.eu/news/view/588 Tue, 25 Sep 2012 16:43:25 +0300 https://gencs.eu/news/view/588         US – Latvia tax treaty on avoidance of double taxation https://gencs.eu/news/view/583 Tue, 25 Sep 2012 10:04:18 +0300 https://gencs.eu/news/view/583   Social security treaty between Estonia- Moldova entered into force on 1st of August, 2012. The three most important principles of https://gencs.eu/news/view/578 Mon, 24 Sep 2012 10:30:00 +0300 https://gencs.eu/news/view/578   Pan-Baltic Gencs Valters Law Firm, with offices in Latvia, Lithuania and Estonia, held together with their partners from USA seminar https://gencs.eu/news/view/573 Fri, 21 Sep 2012 11:33:56 +0300 https://gencs.eu/news/view/573   On 13.09.2012 The Chancellor of Justice Indrek Teder proposed a change in the requirements of acquiring Estonian citizenship in front https://gencs.eu/news/view/568 Wed, 19 Sep 2012 10:26:07 +0300 https://gencs.eu/news/view/568 Topics: Latvia: The decrease of Personal Income Tax rate in 2013-2015 Lithuanian Corporate Income Tax Changes since September 1st, 2012 Changes to immigration https://gencs.eu/news/view/563 Mon, 17 Sep 2012 12:07:41 +0300 https://gencs.eu/news/view/563 Seminar in Radisson Blu Ridzene Hotel "How to do business in the United States?" September 19, 2012 https://gencs.eu/news/view/558 Thu, 30 Aug 2012 09:40:03 +0300 https://gencs.eu/news/view/558     On the1st of July 2012 Apostille Agreement came into force between Estonia and Finland. This makes it easier for https://gencs.eu/news/view/553 Tue, 21 Aug 2012 10:00:36 +0300 https://gencs.eu/news/view/553     In summer 2012 the Lithuanian Parliament (Seimas) has adopted a new Law on Small Communities which will allow https://gencs.eu/news/view/543 Fri, 10 Aug 2012 13:11:01 +0300 https://gencs.eu/news/view/543     read article here   Already for several years Tax administration and Tax payers pay more attention on the matter of transactions between https://gencs.eu/news/view/538 Thu, 02 Aug 2012 17:13:02 +0300 https://gencs.eu/news/view/538     Gencs Valters Law Firm have be https://gencs.eu/news/view/533 Wed, 01 Aug 2012 14:29:54 +0300 https://gencs.eu/news/view/533    Already for several years Tax administration and Tax payers in Latvia pay more attention on the matter of transactions between https://gencs.eu/news/view/528 Wed, 01 Aug 2012 13:45:28 +0300 https://gencs.eu/news/view/528 On June 2012 has been registered RCD for one of the most popular in Soviet years in Soviet https://gencs.eu/news/view/523 Mon, 23 Jul 2012 15:56:44 +0300 https://gencs.eu/news/view/523   Lithuanian Parliament (Seimas) on June 29th, 2012 adopted few changes of the Law on Corporate Income Tax. These https://gencs.eu/news/view/518 Fri, 13 Jul 2012 12:11:42 +0300 https://gencs.eu/news/view/518   With taxation period, which starts from year 2013, taxable tax will not increase the tax period losses from the sale https://gencs.eu/news/view/513 Thu, 12 Jul 2012 16:08:17 +0300 https://gencs.eu/news/view/513 Ministry of Finance has sent a new draft of changing the Income Tax Act for approval in other ministries. https://gencs.eu/news/view/503 Thu, 05 Jul 2012 14:13:56 +0300 https://gencs.eu/news/view/503 The Swedish Chamber of Commerce in Latvia cordially invites the Chamber's member companies, colleagues, partners and friends, to take https://gencs.eu/news/view/498 Thu, 05 Jul 2012 11:52:51 +0300 https://gencs.eu/news/view/498   Law "On Personal Income Tax" states that the rate of tax to be paid from the annual taxable income is https://gencs.eu/news/view/493 Wed, 04 Jul 2012 09:36:24 +0300 https://gencs.eu/news/view/493   Previously when a person was applying for a residence permit as a member of a board, the permission from the https://gencs.eu/news/view/488 Mon, 02 Jul 2012 16:16:08 +0300 https://gencs.eu/news/view/488   Vilnius Regional Court by the 28th June judgment withdrew a claim of bank’s “Snoras” new shares emission buyers, https://gencs.eu/news/view/478 Wed, 06 Jun 2012 10:33:14 +0300 https://gencs.eu/news/view/478     Chambers and Partners has released its global firm rankings for 2012. This is a guide to the world's leading https://gencs.eu/news/view/473 Tue, 08 May 2012 15:01:52 +0300 https://gencs.eu/news/view/473     https://gencs.eu/news/view/468 Tue, 24 Apr 2012 15:15:06 +0300 https://gencs.eu/news/view/468     The draft law of Protocol, amending Convention between the Kingdom of Norway and the Republic of Latvia for the avoidance https://gencs.eu/news/view/463 Mon, 23 Apr 2012 15:24:11 +0300 https://gencs.eu/news/view/463     The Private person S.G. applied to Riga city Kurzeme district Court with the Insolvency application against shop "IKI" and "Cento" https://gencs.eu/news/view/458 Thu, 05 Apr 2012 12:46:09 +0300 https://gencs.eu/news/view/458       The Legal 500: Europe, Middle East & Africa 2012 is now available to view online. You can view the results on https://gencs.eu/news/view/453 Thu, 05 Apr 2012 12:02:22 +0300 https://gencs.eu/news/view/453     Baltic country   Latvia  https://gencs.eu/news/view/443 Wed, 04 Apr 2012 11:37:40 +0300 https://gencs.eu/news/view/443     The final reports download at this address: EU legal aid : www.eulegalaid.org/ftp2/EU-Legal_AID_Finalreport.zip   CHAPTER FROM FEASIBILITY STUDY ON AN ONLINE PROCEDURE FOR OBTAINING https://gencs.eu/news/view/438 Tue, 03 Apr 2012 14:18:54 +0300 https://gencs.eu/news/view/438     The final report download at this address:EU legal aid : www.eulegalaid.org/ftp2/EU-Legal_AID_Finalreport.zip   CHAPTER FROM FEASIBILITY STUDY ON AN ONLINE PROCEDURE FOR OBTAINING https://gencs.eu/news/view/253 Fri, 23 Mar 2012 13:27:58 +0200 https://gencs.eu/news/view/253   Baltic country  Latvia Lithuania  Estonia Immigration salary requirements  1.Employee salary net : 633. https://gencs.eu/news/view/252 Thu, 15 Mar 2012 11:54:44 +0200 https://gencs.eu/news/view/252   We are glad to announce that in the second edition of Latvia's Best Lawyers®, which is available https://gencs.eu/news/view/251 Thu, 15 Mar 2012 11:49:06 +0200 https://gencs.eu/news/view/251   Since 2012 the company has the obligation to register as a VAT payer in Lithuania if its turnover per year https://gencs.eu/news/view/250 Tue, 13 Mar 2012 16:47:39 +0200 https://gencs.eu/news/view/250   Seeking additional progressiveness of the taxation system and making richer inhabitants contribute the sponsorship of the public expenses; from the https://gencs.eu/news/view/249 Fri, 09 Mar 2012 10:58:39 +0200 https://gencs.eu/news/view/249   Together with the Law on the Budget for the year 2012 there were some tax changes made https://gencs.eu/news/view/248 Thu, 08 Mar 2012 13:42:57 +0200 https://gencs.eu/news/view/248 Baltic country  Latvia  Lithuania  Estonia https://gencs.eu/news/view/246 Fri, 20 Jan 2012 15:04:21 +0200 https://gencs.eu/news/view/246 Gencs Valters Law Firm / Advokatų kontora Gencs Valters Europa center, 10th floor Konstitucijos av. 7, LT-09308 Vilnius Lithuania https://gencs.eu/news/view/244 Fri, 06 Jan 2012 15:12:34 +0200 https://gencs.eu/news/view/244   On 7 December 2011, the Vilnius Regional Court issued a decision to open bankrupcy proceedings of AB bank SNORAS (Akcine https://gencs.eu/news/view/243 Thu, 05 Jan 2012 17:02:34 +0200 https://gencs.eu/news/view/243 On December 15, 2011 entered into force the Law on Natural person financial status and undeclared income declaration.   Although financial status https://gencs.eu/news/view/242 Wed, 04 Jan 2012 10:33:37 +0200 https://gencs.eu/news/view/242 Starting from March 1, 2012 a change of the Law of the Joint Stock Companies will come into force. https://gencs.eu/news/view/241 Wed, 28 Dec 2011 16:41:21 +0200 https://gencs.eu/news/view/241 Reverse VAT charge is introduced in Latvia by the law effective January 1, 2012. According to VAT reverse https://gencs.eu/news/view/240 Wed, 28 Dec 2011 12:19:33 +0200 https://gencs.eu/news/view/240 The Parliament of Estonia has decided to abolish the sales tax in Tallinn beginning from January 1, 2012. Sales https://gencs.eu/news/view/239 Wed, 28 Dec 2011 12:16:35 +0200 https://gencs.eu/news/view/239 The Parliament of Estonia has decided to exclude professional education and training costs from the taxable fringe benefits https://gencs.eu/news/view/237 Thu, 22 Dec 2011 10:06:34 +0200 https://gencs.eu/news/view/237   „Valters Gencs at Gencs Valters Law Firm is a full-time tax consultant and well-known adviser, not just in Latvia but https://gencs.eu/news/view/236 Wed, 21 Dec 2011 16:04:03 +0200 https://gencs.eu/news/view/236 This information is prepared for the creditors and depositors of AB bankas SNORAS. To get back the sum of money https://gencs.eu/news/view/233 Mon, 12 Dec 2011 10:54:37 +0200 https://gencs.eu/news/view/233   World Finance is a leading financial magazine, produced every two months by World News Media from its Headquarters in London. The https://gencs.eu/news/view/232 Fri, 09 Dec 2011 16:43:01 +0200 https://gencs.eu/news/view/232     On December 8, 2011 the Parliament has approved on the first reading amendments to the Micro enterprise tax https://gencs.eu/news/view/231 Thu, 08 Dec 2011 16:27:49 +0200 https://gencs.eu/news/view/231   World Finance is a leading financial magazine, produced every two months by World News Media from its Headquarters in London.   More https://gencs.eu/news/view/230 Thu, 08 Dec 2011 16:11:36 +0200 https://gencs.eu/news/view/230 https://gencs.eu/news/view/226 Mon, 28 Nov 2011 09:32:48 +0200 https://gencs.eu/news/view/226 Lithuania's central bank said in a statement Thursday it had decided to declare Bankas Snoras insolvent and would ask the https://gencs.eu/news/view/225 Fri, 25 Nov 2011 18:00:03 +0200 https://gencs.eu/news/view/225 Financial and Capital Market Commission of Latvia  has suspended all operations of Latvijas Krajbanka due to missing assets discovered during https://gencs.eu/news/view/224 Thu, 24 Nov 2011 15:29:34 +0200 https://gencs.eu/news/view/224 Chapter 11A Estonia Valters Gencs https://gencs.eu/news/view/223 Wed, 23 Nov 2011 15:37:40 +0200 https://gencs.eu/news/view/223   We are pleased to inform that World Finance 2011 Legal Award „Best Tax Firm” for Latvia, Lithuania and https://gencs.eu/news/view/222 Mon, 21 Nov 2011 14:25:24 +0200 https://gencs.eu/news/view/222   As in the year 2010, also in year 2011 in Republic of Latvia tax rates changed and it affected every https://gencs.eu/news/view/214 Mon, 14 Nov 2011 10:06:11 +0200 https://gencs.eu/news/view/214 November, 2011   During the year of 2010 Lithuania as well as other Baltic states faced a heavy challenge to combat the https://gencs.eu/news/view/213 Wed, 09 Nov 2011 15:38:40 +0200 https://gencs.eu/news/view/213   Our firm after 11 years has decided to introduce a new web logo, underlining presence of our law firm in https://gencs.eu/news/view/211 Mon, 07 Nov 2011 10:11:26 +0200 https://gencs.eu/news/view/211    Protection of trademarks in Latvia is governed by the Law „On Trademarks and Indications of Geographical Origin”, dated June 16, https://gencs.eu/news/view/210 Fri, 04 Nov 2011 11:03:14 +0200 https://gencs.eu/news/view/210 The Protocol was signed on August 24, 2011 and it is amending the Agreement of June 7, 1996 for the https://gencs.eu/news/view/209 Thu, 03 Nov 2011 11:21:58 +0200 https://gencs.eu/news/view/209 On January 1, 2011 Estonia adopted euro as currency instead of kroon, but it did not bring any significant changes https://gencs.eu/news/view/208 Fri, 28 Oct 2011 14:52:35 +0300 https://gencs.eu/news/view/208 Our firm is featured in magazine’s Riga Now list of TOP LAW FIRMS IN LATVIA, more info at Riga Now https://gencs.eu/news/view/206 Wed, 19 Oct 2011 11:44:18 +0300 https://gencs.eu/news/view/206 October, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse https://gencs.eu/news/view/205 Fri, 07 Oct 2011 14:59:03 +0300 https://gencs.eu/news/view/205   DRI Barcelona Conference which is scheduled for 17/18 November 2011. Enclose a copy of the programme plus a link to https://gencs.eu/news/view/204 Thu, 06 Oct 2011 12:48:57 +0300 https://gencs.eu/news/view/204 Annual review Lithuania 2010/2011 https://gencs.eu/news/view/203 Thu, 06 Oct 2011 10:24:30 +0300 https://gencs.eu/news/view/203 Swedish Business Awards in Lithuania  will be on 12th  October, 2011. Dovile Alekniene, Managing lawyer of our law https://gencs.eu/news/view/202 Wed, 05 Oct 2011 10:00:05 +0300 https://gencs.eu/news/view/202 September, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse https://gencs.eu/news/view/201 Wed, 28 Sep 2011 09:44:07 +0300 https://gencs.eu/news/view/201 September, 2011 New Estonian Language Act that was enforced on July 1, 2011 sets additional requirements for entrepreneurs in Estonia and https://gencs.eu/news/view/200 Thu, 22 Sep 2011 17:01:56 +0300 https://gencs.eu/news/view/200   On September 19, 2011 the Government of the Republic of Estonia and Government of the Republic of India signed an https://gencs.eu/news/view/199 Thu, 22 Sep 2011 11:06:13 +0300 https://gencs.eu/news/view/199 September, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse https://gencs.eu/news/view/198 Fri, 16 Sep 2011 17:06:47 +0300 https://gencs.eu/news/view/198 ESTONIA   TOPIC – ACCESS 1. Legal requirement   Access to information is guaranteed by the Constitution of the Republic of Estonia. Article 44  which https://gencs.eu/news/view/197 Fri, 16 Sep 2011 12:07:10 +0300 https://gencs.eu/news/view/197                        On August 24, 2011 the Minister of Finance of the Republic of Latvia and Commissioner of China State https://gencs.eu/news/view/195 Mon, 05 Sep 2011 14:09:19 +0300 https://gencs.eu/news/view/195 As of the end of July, 2011 Lithuanian tax inspection applies new practice – royalties paid out to the company https://gencs.eu/news/view/194 Tue, 23 Aug 2011 10:01:16 +0300 https://gencs.eu/news/view/194 The Constitutional Court of the Republic of Latvia rules on limited rights to cover prior period losses.   On behalf of the https://gencs.eu/news/view/91 Thu, 07 Jul 2011 15:19:04 +0300 https://gencs.eu/news/view/91   Transfer pricing in Estonia Where goods, intangibles or services are transferred across the borders within multinational enterprises, transfer pricing becomes an https://gencs.eu/news/view/89 Mon, 20 Jun 2011 12:14:33 +0300 https://gencs.eu/news/view/89 Various agencies offering “rent of employees” have been present in Lithuania for a number of years. The status of those https://gencs.eu/news/view/88 Mon, 20 Jun 2011 10:16:07 +0300 https://gencs.eu/news/view/88 LITHUANIA    TOPIC – ACCESS 1.1.Legal requirements   Article 22 of the Constitution indicates that the private life of a human being shall be inviolable. https://gencs.eu/news/view/87 Tue, 14 Jun 2011 11:07:50 +0300 https://gencs.eu/news/view/87   LITHUANIA  Valters Gencs Gencs Valters Law Firm   1. GENERAL PRINCIPLES https://gencs.eu/news/view/86 Tue, 14 Jun 2011 10:45:59 +0300 https://gencs.eu/news/view/86 ESTONIA Valters Gencs Gencs Valters Law Firm     1. GENERAL PRINCIPLES  Forums For Adjudicating Employment Disputes https://gencs.eu/news/view/85 Tue, 14 Jun 2011 10:08:33 +0300 https://gencs.eu/news/view/85   LATVIA  Valters Gencs Gencs Valters Law Firm         1. GENERAL PRINCIPLES   https://gencs.eu/news/view/84 Thu, 09 Jun 2011 12:56:23 +0300 https://gencs.eu/news/view/84 One of the goals of State Inspection in Lithuania recently was to implement the new legal framework for the taxation https://gencs.eu/news/view/83 Fri, 03 Jun 2011 13:11:17 +0300 https://gencs.eu/news/view/83   http://view.vcab.com/?vcabid=glrSejahrScpnglh&count=25/03/2011%2013:21:54-2 https://gencs.eu/news/view/82 Fri, 27 May 2011 14:23:30 +0300 https://gencs.eu/news/view/82     From the beginning of the year 2011 are renewed tax holidays of the Corporate Income Tax for the large investment https://gencs.eu/news/view/81 Wed, 25 May 2011 14:02:11 +0300 https://gencs.eu/news/view/81   Gencs Valters Law firm - Top Tier Law Office in the Baltic's We are proud to announce that our law offices https://gencs.eu/news/view/79 Fri, 13 May 2011 15:16:06 +0300 https://gencs.eu/news/view/79 General Information 2011 Immigration and Residency European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid https://gencs.eu/news/view/78 Mon, 09 May 2011 10:20:37 +0300 https://gencs.eu/news/view/78 Latvia: The Income Legalization of the individuals In the meeting of Secretaries of State the Ministry of Finance of the Republic https://gencs.eu/news/view/77 Wed, 20 Apr 2011 17:12:22 +0300 https://gencs.eu/news/view/77     During the year 2009 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial https://gencs.eu/news/view/76 Wed, 20 Apr 2011 16:53:33 +0300 https://gencs.eu/news/view/76   Gencs Valters Law Firm held an expatriate tax planning seminar in Tallinn   The annual Tax Planning seminar was held together with https://gencs.eu/news/view/75 Wed, 20 Apr 2011 16:28:59 +0300 https://gencs.eu/news/view/75   Tuesday, 19 April 2011   18 April 2011 was a marked day in the calendars of representatives and members of all the https://gencs.eu/news/view/69 Mon, 11 Apr 2011 14:30:08 +0300 https://gencs.eu/news/view/69   The editorial is now available online at http://www.legal500.com/books/lfe The firm has been recommended in the following practice https://gencs.eu/news/view/68 Wed, 06 Apr 2011 16:02:01 +0300 https://gencs.eu/news/view/68 Value added tax in Latvia- ECJ case Alstom Power Hydro v. Latvias State Renevue Service. https://gencs.eu/news/view/67 Wed, 06 Apr 2011 15:56:05 +0300 https://gencs.eu/news/view/67 https://gencs.eu/news/view/66 Wed, 06 Apr 2011 15:50:31 +0300 https://gencs.eu/news/view/66 VAT Refunds in Latvia-Tax office review https://gencs.eu/news/view/65 Wed, 06 Apr 2011 15:34:13 +0300 https://gencs.eu/news/view/65 Tax evasion in Latvia-Finance Police Summary. https://gencs.eu/news/view/64 Mon, 04 Apr 2011 15:12:15 +0300 https://gencs.eu/news/view/64   Expatriate Tax Planning    Very welcome to join for an April 18th Business Breakfast on Expatriate Tax Planning at Hotel Telegraaf.   Arranged in cooperation https://gencs.eu/news/view/63 Tue, 29 Mar 2011 11:44:50 +0300 https://gencs.eu/news/view/63               The SCC in Lithuania and Gencs Valters Law Firm invite to the 3rd annual seminar in https://gencs.eu/news/view/62 Tue, 22 Mar 2011 15:56:20 +0200 https://gencs.eu/news/view/62 Lithuania and other Baltic countries faced a difficult challenge combating financial instability. One of the Government Measures for the program https://gencs.eu/news/view/60 Tue, 15 Mar 2011 16:57:12 +0200 https://gencs.eu/news/view/60     Ombudsman reviews capital gains tax in Latvia. Ombudsman of the Republic of Latvia on February 10, 2011 turned to the Prime https://gencs.eu/news/view/43 Fri, 11 Mar 2011 13:30:20 +0200 https://gencs.eu/news/view/43         Click on picture to open slides from „Taxation of expatriates in the Baltic’s 2011” seminar. https://gencs.eu/news/view/30 Wed, 02 Mar 2011 16:57:56 +0200 https://gencs.eu/news/view/30   Bad Debts Practice in Lithuania   The administrative burden for the recognition of bad debts to be allowable deductions, lowering the taxable https://gencs.eu/news/view/29 Fri, 25 Feb 2011 15:12:10 +0200 https://gencs.eu/news/view/29     Before January 1, 2010, Section 9 (1) (3) of the Law “On Personal Income Tax” provided that income from deposits https://gencs.eu/news/view/28 Fri, 25 Feb 2011 10:43:49 +0200 https://gencs.eu/news/view/28     https://gencs.eu/news/view/26 Tue, 22 Feb 2011 11:00:26 +0200 https://gencs.eu/news/view/26       Gencs Valters Law Firm https://gencs.eu/news/view/24 Tue, 01 Feb 2011 15:35:24 +0200 https://gencs.eu/news/view/24     We have great pleasure in informing you that Gencs Valters Law Firm have been successfully chosen as the winner https://gencs.eu/news/view/23 Thu, 20 Jan 2011 15:23:26 +0200 https://gencs.eu/news/view/23 Doing Business report series - World Bank Group Doing Business in Latvia Doing Business in Lithuania Doing Busines in Estonia https://gencs.eu/news/view/22 Thu, 20 Jan 2011 13:08:08 +0200 https://gencs.eu/news/view/22                 The SCC in Latvia and Gencs Valters Law Firm invite to the 9th annual seminar https://gencs.eu/news/view/19 Tue, 18 Jan 2011 13:39:24 +0200 https://gencs.eu/news/view/19 https://gencs.eu/news/view/18 Tue, 28 Dec 2010 14:32:00 +0200 https://gencs.eu/news/view/18 https://gencs.eu/news/view/16 Mon, 20 Dec 2010 16:49:06 +0200 https://gencs.eu/news/view/16   On January 1th, 2011 the currency in Estonia will be Euro instead of Kroon, which had been Estonian currency since https://gencs.eu/news/view/15 Mon, 29 Nov 2010 14:58:52 +0200 https://gencs.eu/news/view/15     Conference „VAT refund problems and solutions” were held on November 25, 10 in Radisson Pak Hotel Ridzene in Riga, Latvia. https://gencs.eu/news/view/14 Fri, 26 Nov 2010 10:07:33 +0200 https://gencs.eu/news/view/14     Please visit: http://www.expertguides.com/default.asp?page=4&guideID=200   https://gencs.eu/news/view/12 Thu, 21 Oct 2010 12:35:17 +0300 https://gencs.eu/news/view/12   publication in GlobalSharePlans https://gencs.eu/news/view/11 Thu, 21 Oct 2010 11:05:44 +0300 https://gencs.eu/news/view/11     In 2009, Lithuania and other Baltic countries faced a difficult challenge combating financial instability. Lithuania increased most taxes to offset https://gencs.eu/news/view/10 Tue, 19 Oct 2010 16:03:30 +0300 https://gencs.eu/news/view/10 In 2009, Lithuania and other Baltic countries faced a difficult challenge combating financial instability. Lithuania increased most taxes to offset https://gencs.eu/news/view/9 Tue, 19 Oct 2010 14:29:22 +0300 https://gencs.eu/news/view/9   Media, Advertisement and Entertainment Law in Estonia   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book https://gencs.eu/news/view/8 Tue, 19 Oct 2010 14:13:09 +0300 https://gencs.eu/news/view/8   Media, Advertisement and Entertainment Law in Lithuania   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book https://gencs.eu/news/view/7 Tue, 19 Oct 2010 13:46:58 +0300 https://gencs.eu/news/view/7   Media, Advertisement and Entertainment Law in Latvia   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book https://gencs.eu/news/view/6 Fri, 15 Oct 2010 15:23:01 +0300 https://gencs.eu/news/view/6   Gencs Valters Law Firm partnered with the Estonian Swedish Chamber of Commerce (ESCC), the Swedish Chamber of Commerce in https://gencs.eu/news/view/5 Fri, 15 Oct 2010 14:41:28 +0300 https://gencs.eu/news/view/5 In order to stimulate development of small and medium size enterprises in Latvia, Parliament of Latvia adopted on August https://gencs.eu/news/view/4 Thu, 16 Sep 2010 16:31:55 +0300 https://gencs.eu/news/view/4   Gencs Valters Law Firm, together with AS Bi-Info held a seminar on topic "Starting Business in Norway". Seminar took https://gencs.eu/news/view/3 Thu, 16 Sep 2010 11:11:11 +0300 https://gencs.eu/news/view/3 The Republic of Latvia is currently aspiring to combat shadow economy with enhanced law provisions. Tax evasion by permanent establishments