Valters Gencs https://gencs.ee/ Zvērināta advokāta Valtera Genca birojs ee http://blogs.law.harvard.edu/tech/rss 20 Tevale RSS generator Why setting up business in Lithuania instead of Malta https://gencs.ee/news/view/4061 Wed, 07 Jul 2021 18:06:35 +0300 https://gencs.ee/news/view/4061 Malta has always been one of the most attractive country for the foreign investors. The situation has changed after the EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) https://gencs.ee/news/view/4054 Mon, 24 May 2021 17:40:08 +0300 https://gencs.ee/news/view/4054 EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) – a remarkable opportunity for sale. If you are considering UPDATE: Low - Tax and Tax - Free countries in Latvia 2021 https://gencs.ee/news/view/4048 Fri, 26 Feb 2021 15:03:53 +0200 https://gencs.ee/news/view/4048 UPDATE: Low - Tax and Tax - Free countries in Latvia 2021 Lately we have informed you about low – tax Low - Tax and Tax - Free countries in Latvia 2021 (Full list) https://gencs.ee/news/view/4042 Wed, 24 Feb 2021 10:12:56 +0200 https://gencs.ee/news/view/4042 Low - Tax and Tax - Free countries in Latvia 2021 (Full list) With effect from January 1, 2021, regulations on Avoidance of double taxation in Latvia https://gencs.ee/news/view/4036 Tue, 10 Nov 2020 16:44:14 +0200 https://gencs.ee/news/view/4036 Double tax agreements in Latvia Tax treaties protect both taxpayer and state interests. It is a guarantee for sustainable Payroll Tax calculation – Latvia 2020 https://gencs.ee/news/view/4030 Tue, 02 Jun 2020 13:00:31 +0300 https://gencs.ee/news/view/4030 Payroll Tax calculation – Latvia 2020 To commence payroll tax calculation in Latvia, it should be noted that employer deducts personal Electronic Money Institution EMI and SEPA in Lithuania and UK https://gencs.ee/news/view/4024 Thu, 28 May 2020 12:31:54 +0300 https://gencs.ee/news/view/4024 Electronic Money Institution EMI and SEPA in Lithuania and UK   SEPA connections may be done by Electronic money institution (EMI) or COVID -19 as force majeure ground in Baltic states https://gencs.ee/news/view/4018 Tue, 14 Apr 2020 17:57:50 +0300 https://gencs.ee/news/view/4018 COVID - 19 as force majeure ground in Baltic states   Agreements and contracts constitute an inalieable part of our lives and New amendments to requirements in operation of crypto companies https://gencs.ee/news/view/4012 Thu, 09 Apr 2020 18:23:07 +0300 https://gencs.ee/news/view/4012 New amendments to requirements in operation of crypto companie   Since the adoption of the 5th Anti-Money Laundering Directive (AMLD5) Estonian companies Зарегистрируйте свое судно под латвийским флагом из любой точки мира. https://gencs.ee/news/view/4006 Fri, 06 Mar 2020 18:44:25 +0200 https://gencs.ee/news/view/4006 На данный момент, процесс регистрации флага судна в Республике Латвия является простым и располагающим для регистрации иностранных судов под флагом Налогообложение судов в Республике Латвия (тоннажный налог) https://gencs.ee/news/view/4000 Fri, 28 Feb 2020 19:00:23 +0200 https://gencs.ee/news/view/4000 Корабли под латвийским флагом являются объектом латвийского тоннажного налога, который считается одним из наинизших тоннажных налоговых режимов в мире и, Immigration visa to Europe (EU) – Latvia Perspective https://gencs.ee/news/view/3994 Fri, 21 Feb 2020 10:58:43 +0200 https://gencs.ee/news/view/3994 Immigration visa to Europe (EU) – Latvia Perspective   Get visa to Europe (Latvia) and immigrate to Europe with your family!   We offer Страны из «черного списка» Латвии в 2018 году https://gencs.ee/news/view/3988 Wed, 19 Feb 2020 17:55:18 +0200 https://gencs.ee/news/view/3988 Страны из «черного списка» Латвии в 2018 году   На встрече Государственных Секретарей был представлен проект Регламента в отношении безналоговых или с 通过工作签证移民到欧洲(在拉脱维亚的选择) https://gencs.ee/news/view/3982 Tue, 18 Feb 2020 13:12:54 +0200 https://gencs.ee/news/view/3982 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 Nhập cư châu Âu bằng thị thực làm việc (Những lựa chọn tại Latvia) https://gencs.ee/news/view/3976 Tue, 18 Feb 2020 13:05:26 +0200 https://gencs.ee/news/view/3976 Nhận thị thực châu Âu (Latvia) và nhập cư vào châu Âu cùng gia đình!   Chúng tôi cung cấp thị thực 前往欧洲(欧盟)的移民签证 – 拉脱维亚观点 https://gencs.ee/news/view/3970 Mon, 03 Feb 2020 10:39:03 +0200 https://gencs.ee/news/view/3970 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。   持有欧洲(拉脱维亚) Thị thực nhập cư châu Âu – cư trú tại Latvia https://gencs.ee/news/view/3964 Mon, 03 Feb 2020 10:32:57 +0200 https://gencs.ee/news/view/3964 Chúng tôi cung cấp dịch vụ nhập cư vào châu Âu bằng giấy cư trú của Liên minh châu Âu Crypto Currency license in Estonia https://gencs.ee/news/view/3958 Wed, 29 Jan 2020 10:28:19 +0200 https://gencs.ee/news/view/3958 Crypto currency license in Estonia - New requirements   Previously we wrote about Crypto currency license in Estonia and requirements from the government. 前往欧洲(欧盟)的移民签证 – 拉脱维亚观点 https://gencs.ee/news/view/3952 Wed, 29 Jan 2020 09:51:17 +0200 https://gencs.ee/news/view/3952 Thị thực nhập cư Châu Âu – cư trú tại Latvia https://gencs.ee/news/view/3946 Wed, 29 Jan 2020 09:49:24 +0200 https://gencs.ee/news/view/3946 Nhận thị thực Châu Âu (Latvia) và nhập cư vào Châu Âu cùng gia đình!   Chúng tôi cung cấp dịch vụ Immigration visa to Europe (EU) – Latvia Perspective https://gencs.ee/news/view/3940 Fri, 10 Jan 2020 09:33:10 +0200 https://gencs.ee/news/view/3940 Get visa to Europe (Latvia) and immigrate to Europe with your family!   We offer immigration to Europe (Latvia) by acquiring European Liquidation of ABLV Bank in Latvia https://gencs.ee/news/view/3934 Wed, 08 Jan 2020 10:24:27 +0200 https://gencs.ee/news/view/3934 The decision of the voluntary liquidation of ABLV Bank in Latvia was taken as a result of decisions taken by Ship Taxation in the Republic of Latvia (Tonnage tax) https://gencs.ee/news/view/3928 Mon, 06 Jan 2020 18:02:32 +0200 https://gencs.ee/news/view/3928 Ship Taxation in the Republic of Latvia    The ships under a Latvian flag are taxed subject to the Latvian tonnage tax Register your Ship Under the Latvian Flag From Anywhere In the World https://gencs.ee/news/view/3922 Mon, 06 Jan 2020 17:40:22 +0200 https://gencs.ee/news/view/3922 Register your Ship Under the Latvian Flag From Anywhere In the World       The ship flag registration process in the Republic of Free Economic Zones in Lithuania https://gencs.ee/news/view/3916 Thu, 11 Jul 2019 09:51:25 +0300 https://gencs.ee/news/view/3916 Free economic zones in Lithuania offer everything you need to ramp up your productivity and boost your business growth: from Do business, work and travel in Lithuania and European Union https://gencs.ee/news/view/3910 Tue, 30 Apr 2019 14:29:53 +0300 https://gencs.ee/news/view/3910 There are several easy ways to acquire a residence permit in Lithuania and be able to live and travel in Lithuania Tax Card 2019 https://gencs.ee/news/view/3898 Thu, 24 Jan 2019 11:12:50 +0200 https://gencs.ee/news/view/3898 Personal Income Tax (PIT) PIT rate: 20% and 27%. 20% rate applies to all labour derived income not exceeding 120 Average Monthly Amendments to Latvian social security https://gencs.ee/news/view/3892 Tue, 04 Dec 2018 15:52:53 +0200 https://gencs.ee/news/view/3892 Effective 1st January 2019, the threshold for the social security contributions in Latvia will be increased from EUR 55,000 to EUR Immigration to Lithuania and European Union https://gencs.ee/news/view/3880 Wed, 07 Nov 2018 14:41:58 +0200 https://gencs.ee/news/view/3880 Most common ways an alien may get a residence permit in Lithuania and be able to live and travel in Purchase of claims against JSC “ABLV Bank” in Latvia https://gencs.ee/news/view/3872 Fri, 05 Oct 2018 13:02:26 +0300 https://gencs.ee/news/view/3872 Our Law Firm on behalf of our client purchases creditor`s claims against JSC “ABLV Bank” in Latvia. We hereby inform, that Immigration and working in European Union https://gencs.ee/news/view/3866 Thu, 27 Sep 2018 16:48:43 +0300 https://gencs.ee/news/view/3866 The rules have become unified in the EU following the implementation of the Intra-Corporate Transfer Directive (ICT) 2014/66/EU. The ICT Money confiscation in Latvia (II) https://gencs.ee/news/view/3854 Fri, 10 Aug 2018 14:34:17 +0300 https://gencs.ee/news/view/3854 Our Law Firm Attorneys provide legal assistance to persons in anti-money laundering matters.   One of the key issues in the prevention Money confiscation in Latvia (I) https://gencs.ee/news/view/3848 Tue, 07 Aug 2018 16:34:23 +0300 https://gencs.ee/news/view/3848 Our Law Firm Attorneys provide legal assistance to persons in anti-money laundering matters.   One of the key issues in the prevention Immigration to Latvia, Lithuania and Estonia-presentation in American Immigration Lawyers Association national conference in SAN FRANCISCO https://gencs.ee/news/view/3842 Thu, 21 Jun 2018 14:09:58 +0300 https://gencs.ee/news/view/3842 Our managing partner Valters Gencs gave a presentation on immigration to Latvia, Lithuania and Estonia in the GMS – AILA Mining Cryptocurrency in Estonia https://gencs.ee/news/view/3830 Tue, 29 May 2018 12:39:24 +0300 https://gencs.ee/news/view/3830 One way to gather cryptocurrency is to mine it, which is actually quite a describing term for it. There are Assessment of the ICO in Estonia https://gencs.ee/news/view/3818 Tue, 08 May 2018 16:11:50 +0300 https://gencs.ee/news/view/3818 Because there are no clear law directly concerning cryptocurrency, a preliminary assessment of the tokens would be helpful. Especially if Obtaining Electronic Money Institution licence in Lithuania: key requirements https://gencs.ee/news/view/3812 Mon, 23 Apr 2018 14:28:56 +0300 https://gencs.ee/news/view/3812 EMI licence fee Prior to applying for an EMI licence it is necessary to pay into the account of the State Obtaining Payment Institution licence in Lithuania: key requirements https://gencs.ee/news/view/3806 Tue, 17 Apr 2018 14:12:37 +0300 https://gencs.ee/news/view/3806 PI licence fee Prior to applying for a payment institution licence in Lithuania, it is necessary to pay into the account Obtaining Electronic Money Institution licence in Lithuania: documents and compulsory bodies https://gencs.ee/news/view/3800 Fri, 13 Apr 2018 16:00:48 +0300 https://gencs.ee/news/view/3800 Documents and information to be submitted to the Bank of Lithuania In order to be granted an electronic money licence, a Electronic Money Institution in Lithuania https://gencs.ee/news/view/3794 Tue, 10 Apr 2018 10:34:43 +0300 https://gencs.ee/news/view/3794 The authorization process of Electronic Money Institution (EMI) licence is conducted by the Bank of Lithuania. There is a specific Immigration law in Latvia: options to obtain a temporary residence permit https://gencs.ee/news/view/3788 Thu, 05 Apr 2018 11:33:55 +0300 https://gencs.ee/news/view/3788 There are several possibilities how one can obtain a temporary residence permit in Latvia. Immigration law in Latvia also determines Initial coin offering (ICO) in Estonia https://gencs.ee/news/view/3782 Fri, 23 Mar 2018 16:51:33 +0200 https://gencs.ee/news/view/3782 What about establishing a cryptocurrency in Estonia? Cryptocurrencies in Estonia are becoming more popular. Most new cryptocurrencies are initiated with an Startup visa/residence permit in Estonia https://gencs.ee/news/view/3776 Wed, 21 Mar 2018 17:22:11 +0200 https://gencs.ee/news/view/3776 A development of a startup in Estonia is the governmental program for attracting people all over the world to create Restricted countries for cross-border transactions in Estonia https://gencs.ee/news/view/3770 Thu, 15 Mar 2018 18:27:17 +0200 https://gencs.ee/news/view/3770 One of the important activities that banks conduct is the clarification of the origins of the funds and compliance with Financial corruption in Latvian ABLV bank https://gencs.ee/news/view/3764 Thu, 01 Mar 2018 17:01:41 +0200 https://gencs.ee/news/view/3764 ABLV Bank has come under intense scrutiny in Latvia in the past weeks, leading to its liquidation. The bank itself Deposit Guarantee Fund of Latvia to reimburse deposit funds in case of bank’s liquidation https://gencs.ee/news/view/3758 Tue, 27 Feb 2018 14:02:45 +0200 https://gencs.ee/news/view/3758 Liquidation of ABLV Bank in Latvia               The ECB decided to terminate the activity of ABLV Bank in Latvia as a Latvian ABLV Bank: recent news https://gencs.ee/news/view/3752 Thu, 22 Feb 2018 16:37:00 +0200 https://gencs.ee/news/view/3752 Some days ago all transfer procedures regarding clients’ payments and bank activities of ABLV Bank in Latvia were frozen by Troubles with ABLV Bank in Latvia: help of a lawyer https://gencs.ee/news/view/3745 Tue, 20 Feb 2018 17:06:02 +0200 https://gencs.ee/news/view/3745 You have a bank account in ABLV Bank in Latvia and you worry about the last news regarding the confidence Proof of the genuine use of the EU trade mark in the opposition in the EU https://gencs.ee/news/view/3739 Tue, 06 Feb 2018 16:48:43 +0200 https://gencs.ee/news/view/3739 For the protection of the trade mark for the goods/services, the first owner should provide evidence of the genuine actual Benefits of getting Estonian e-residency https://gencs.ee/news/view/3731 Fri, 02 Feb 2018 11:17:44 +0200 https://gencs.ee/news/view/3731 Since 2014, Estonia revealed to aliens the opportunity to become Estonian e-Residents.   Estonian e-residency is available to anyone around the world Opposition proceedings in regards to a registered European Trademark. A General Court case analysis. https://gencs.ee/news/view/3723 Tue, 30 Jan 2018 11:47:10 +0200 https://gencs.ee/news/view/3723 A brief description of the case General Court (the Court) granted a judgement on the opposition to the registration of an Public procurements in Lithuania https://gencs.ee/news/view/3717 Wed, 06 Dec 2017 16:19:31 +0200 https://gencs.ee/news/view/3717 From June 2017, when the new Public procurement law in Lithuania came into force, there were established new requirements for Black listed countries in Latvia in 2018 https://gencs.ee/news/view/3711 Tue, 21 Nov 2017 15:04:47 +0200 https://gencs.ee/news/view/3711 In the meeting of State Secretaries was presented the draft Regulation regarding low tax or tax-free countries and territories. From January Employment agreements in Lithuania https://gencs.ee/news/view/3705 Thu, 16 Nov 2017 16:15:55 +0200 https://gencs.ee/news/view/3705 The new Lithuanian Labor Code fixed wide range of employment agreements in Lithuania, which makes employment relations very convenient both Extradition of a person in Latvia https://gencs.ee/news/view/3698 Wed, 25 Oct 2017 12:22:02 +0300 https://gencs.ee/news/view/3698 Our Law Firm Attorneys provide legal assistance to persons in extradition matters.   A person who is located in the territory of Company registration in Latvia: legal address https://gencs.ee/news/view/3691 Wed, 18 Oct 2017 16:04:43 +0300 https://gencs.ee/news/view/3691 Recently Ministry of Justice of the Republic of Latvia has proposed new amendments to the Commercial law of Latvia with Company obligations in Estonia https://gencs.ee/news/view/3685 Mon, 09 Oct 2017 17:25:33 +0300 https://gencs.ee/news/view/3685 Companies are obligated to inform the tax administration about any loans granted to the shareholders. According to the provisions of Changes on usage of special benefits for vehicles in Estonia https://gencs.ee/news/view/3679 Thu, 05 Oct 2017 16:03:15 +0300 https://gencs.ee/news/view/3679 From 1 August 2017, the Act amending the Income Tax Act and related other Acts entered into force, which amended The ultimate beneficial owners of the company in Estonia https://gencs.ee/news/view/3673 Tue, 03 Oct 2017 16:36:05 +0300 https://gencs.ee/news/view/3673 Companies in Estonia shall be obliged to report to the commercial register about the ultimate beneficial owners of the company. European Union Trademark vs Free Movement of Goods https://gencs.ee/news/view/3667 Fri, 18 Aug 2017 15:33:22 +0300 https://gencs.ee/news/view/3667 In what extent a European Union trademark protection can affect the fundamental principle of free movement of goods in EU? EU Trademarks – comparing among their diversity https://gencs.ee/news/view/3661 Wed, 16 Aug 2017 15:33:01 +0300 https://gencs.ee/news/view/3661 Registration of national trademark is an administrative procedure, different than EU trademark registration, because it is initiated by the holder Personal income tax and social contribution in Latvia 2017 https://gencs.ee/news/view/3654 Thu, 10 Aug 2017 17:40:17 +0300 https://gencs.ee/news/view/3654 Personal income tax and social contribution in Latvia 2017 Choosing a place of temporary or permanent residence can be based on VAT registration Thresholds on Reporting Estonia https://gencs.ee/news/view/3648 Tue, 08 Aug 2017 13:55:41 +0300 https://gencs.ee/news/view/3648 Commencement of activity is assumed to be the start of regular economic activities of a natural or legal person in European Union Trademark Regulation – upcoming amendments https://gencs.ee/news/view/3642 Fri, 04 Aug 2017 17:06:06 +0300 https://gencs.ee/news/view/3642 The current conditions and rules, regulating the procedures of EUTM Registration will be subjects to the amendments. On 23th of European Union Trademark – Appeal Proceedings https://gencs.ee/news/view/3636 Wed, 02 Aug 2017 16:47:39 +0300 https://gencs.ee/news/view/3636 On 26th of July 2017, The Board of Appeal issued decision regarding EUTM appeal proceedings between Distribuidora Latinoandina S.L., headquartered Corporate income and micro-company tax changes in Latvia 2017 https://gencs.ee/news/view/3630 Mon, 31 Jul 2017 10:42:44 +0300 https://gencs.ee/news/view/3630 Corporate income and micro-company tax changes in Latvia 2017 When considering establishing a company, making profit, employing workers, and other activities VAT registration Thresholds on Reporting Lithuania https://gencs.ee/news/view/3624 Thu, 27 Jul 2017 14:52:21 +0300 https://gencs.ee/news/view/3624 In Lithunia commencement of activity is assumed when foreign natural or legal persons carry out any kind of economic activities European Trademark - all the more necessary https://gencs.ee/news/view/3618 Wed, 26 Jul 2017 17:46:21 +0300 https://gencs.ee/news/view/3618 Modern economic conditions require a new approach to the market environment and the objective protection of the products offered and European Trademarks – consolidation through the concept of Seniority https://gencs.ee/news/view/3612 Mon, 24 Jul 2017 14:54:27 +0300 https://gencs.ee/news/view/3612 If an applicant has already registered his earlier national trademark and as well intend to register EU Trademark after all, EU Trade Mark – Opposition proceeding https://gencs.ee/news/view/3606 Fri, 21 Jul 2017 10:28:24 +0300 https://gencs.ee/news/view/3606 On 27th of November 2014, the Spanish applicant VIDAL GOLOSINAS, S.A. sought to register an EUTM for goods and services VAT registration Thresholds on Reporting in Latvia https://gencs.ee/news/view/3600 Thu, 20 Jul 2017 17:22:52 +0300 https://gencs.ee/news/view/3600 Commencement of activity is assumed to be the start of regular economic activities of a natural or legal person in EU Trade Mark - Appeal against refusal for registration https://gencs.ee/news/view/3594 Wed, 19 Jul 2017 15:28:39 +0300 https://gencs.ee/news/view/3594 On 27th of July 2015, an applicant sought to register EU trade mark with the following figurative elements: oval shape, Violation of work remuneration provisions is subject to criminal liability https://gencs.ee/news/view/3588 Tue, 18 Jul 2017 16:48:49 +0300 https://gencs.ee/news/view/3588 Violation of work remuneration provisions is subject to criminal liability   The Legal Committee of the Parliament of Latvia (Saeima) concluded its European Trademark Registration https://gencs.ee/news/view/3582 Mon, 17 Jul 2017 13:22:35 +0300 https://gencs.ee/news/view/3582 In 2008, the company Future Enterprises, of Singapore, applied for European trademark registration of the MACCOFFEE for foodstuffs and beverages, European Union Trademark Registration – Opposition proceeding "Elena" v "Elena Sivoldaeva" https://gencs.ee/news/view/3576 Fri, 14 Jul 2017 16:52:08 +0300 https://gencs.ee/news/view/3576 After the application for EUTM registration is filled, the opponent could oppose by opposition against the contested good and services. Violation of work remuneration provisions in Estonia is subject to criminal liability https://gencs.ee/news/view/3570 Thu, 13 Jul 2017 14:16:20 +0300 https://gencs.ee/news/view/3570 The Parliament of Estonia (Riigikogu) on July 12, 2014 concluded its work on the amendments to the Criminal Law, providing Trademark Registration in EU, "PACHA" vs "Pink Cherry" https://gencs.ee/news/view/3564 Wed, 12 Jul 2017 11:07:36 +0300 https://gencs.ee/news/view/3564 On 25th of January 2017, the opposition division of the EUIPO took a decision regarding opposition on behalf of the Violation of work remuneration provisions in Lithuania is a subject to administrative liability https://gencs.ee/news/view/3558 Tue, 11 Jul 2017 14:10:02 +0300 https://gencs.ee/news/view/3558 Violation of work remuneration provisions in Lithuania is a subject to administrative liability     The Parliament of Lithuania (Seimas) on June EU trademark registration - Request for Revocation https://gencs.ee/news/view/3552 Mon, 10 Jul 2017 10:50:56 +0300 https://gencs.ee/news/view/3552 On 20.01.2017, the Cancellation Division of the EUIPO issued a decision regarding application for cancellation of a Trademark registered in European Union Trade Mark – absolute grounds for registrability https://gencs.ee/news/view/3546 Fri, 07 Jul 2017 11:31:55 +0300 https://gencs.ee/news/view/3546 On 24th of March, 2016, a EUTM application was filled in order to protect the mark "AUTHENTIC", which basically belongs Brexit – what does it mean for IP enforcement? https://gencs.ee/news/view/3540 Mon, 03 Jul 2017 11:54:24 +0300 https://gencs.ee/news/view/3540 After Brexit becomes a reality the UK will loose its EU trade mark (EUTM) and community design courts. Since the Expatriate Tax Planning in the Baltics https://gencs.ee/news/view/3534 Wed, 14 Jun 2017 10:22:00 +0300 https://gencs.ee/news/view/3534 Expatriate Tax Planning in the Baltics The International Tax Specialist Group (ITSG) is a network of skilled tax specialists. Each ITSG Options in Lithuania https://gencs.ee/news/view/3528 Thu, 08 Jun 2017 10:42:58 +0300 https://gencs.ee/news/view/3528 Option is defined as a financial derivative that represents a contract sold by one party (the option writer) to another Opposition against European trademark application and rejection of EU trademark registration https://gencs.ee/news/view/3522 Fri, 21 Apr 2017 12:24:13 +0300 https://gencs.ee/news/view/3522 When it comes to registration of a trademark in Europe, the relevant procedure is held by the European Union Intellectual European Union Trademark Registration https://gencs.ee/news/view/3516 Wed, 19 Apr 2017 17:36:28 +0300 https://gencs.ee/news/view/3516   The European Union trademark registration gives exclusive rights in all current and future countries - members of the European Union Opposition against European Union Trademark registration application: “Soft Walk” vs “SOFTWALK” https://gencs.ee/news/view/3510 Wed, 12 Apr 2017 14:19:46 +0300 https://gencs.ee/news/view/3510 On 4th of January 2017, the Opposition Division of the EU Intellectual Property Office issued a decision regarding opposition against Opposition against application of a trademark registration in Europe https://gencs.ee/news/view/3504 Thu, 23 Mar 2017 09:59:09 +0200 https://gencs.ee/news/view/3504 On 19th of December 2016, the Opposition Division issued a decision regarding opposition against application of an EU trademark. The EU trademark registration: grounds for revocation of a mark in its eternity https://gencs.ee/news/view/3498 Fri, 17 Mar 2017 07:16:41 +0200 https://gencs.ee/news/view/3498 According to the European Union Trademark Regulation (EUTMR) the owner of a registered EU trademark is entitled to several rights Requirement of proof of use in case of opposition against trademark registration in the European Union https://gencs.ee/news/view/3492 Wed, 15 Mar 2017 10:27:47 +0200 https://gencs.ee/news/view/3492 Under European Union trademark implementing regulation (EUTMIR) there is a requirement for the trademark use, which determines that the EU European trademark registration: likelihood of confusion between EU trademarks https://gencs.ee/news/view/3486 Mon, 13 Mar 2017 12:57:40 +0200 https://gencs.ee/news/view/3486 European trademark registration    Recently Opposition Division of European Union Intellectual Property Office (EUIPO) rejected and EU trademark due to the likelihood Importance of the new regulation with regard to EU Trademark registration https://gencs.ee/news/view/3480 Thu, 09 Mar 2017 16:10:41 +0200 https://gencs.ee/news/view/3480 On 23 March 2016 Regulation (EU) No 2015/2424 of the European Parliament and the Council regarding the EU trade marks Expatriate Tax planning 2017 in the Baltics https://gencs.ee/news/view/3474 Tue, 07 Mar 2017 16:19:06 +0200 https://gencs.ee/news/view/3474 You are cordially invited to the 10th Business seminar on “Expatriate Tax planning 2017 in the Baltics“ in cooperation with Opposition against European trademark registration https://gencs.ee/news/view/3468 Mon, 06 Mar 2017 18:11:31 +0200 https://gencs.ee/news/view/3468 On 12th of December 2016, the Opposition Division as part of the European Union Intellectual Property office, has issued a Recent decision regarding the Objection of Trademarks in the European Union. https://gencs.ee/news/view/3462 Wed, 01 Mar 2017 17:46:33 +0200 https://gencs.ee/news/view/3462                 On 10 November 2016, The Court of Justice of The European Union European Union trademark (EUTM) registration: Declaring invalid an EU trademark https://gencs.ee/news/view/3456 Mon, 27 Feb 2017 09:49:33 +0200 https://gencs.ee/news/view/3456 Recently the final decision was made by the General Court of European Union regarding European Union trademark (EUTM) registration after Registration of trademarks in the European Union: evaluating similarities and differences between EU trademarks https://gencs.ee/news/view/3450 Thu, 23 Feb 2017 10:33:14 +0200 https://gencs.ee/news/view/3450 Opposition Division of the European Union Intellectual Property Office (EUIPO) as well as the Board of Appeal in the appeal Trademark registration in the European Union: criteria for EU trademark registration and possibility of rejection https://gencs.ee/news/view/3444 Tue, 21 Feb 2017 13:47:24 +0200 https://gencs.ee/news/view/3444 Board of Appeal of the European Union Intellectual Property Office (EUIPO) recently made a decision concerning the criteria for trademark Registration of trademarks in the European Union (EU) - MARQUES vision https://gencs.ee/news/view/3438 Fri, 17 Feb 2017 16:09:10 +0200 https://gencs.ee/news/view/3438 MARQUES is an Association, which helps the brand owners with registration of trademarks in the European Union (EU) and worldwide. Relative grounds for refusal of European Union trade mark registration https://gencs.ee/news/view/3432 Mon, 06 Feb 2017 15:29:37 +0200 https://gencs.ee/news/view/3432 Recently the General Court (European Union) made a decision regarding the relative grounds for refusal of European Union trade mark Trademarks registration in European Union (EU) – ECTA perspective https://gencs.ee/news/view/3426 Thu, 02 Feb 2017 13:52:03 +0200 https://gencs.ee/news/view/3426   ECTA (European Communities Trade Mark Association) founded in 1934. ECTA assist trademark professionals with trademark registrations in European Union (EU) with Trademarks registration in European Union (EU) – ECTA perspective https://gencs.ee/news/view/3420 Tue, 31 Jan 2017 15:19:22 +0200 https://gencs.ee/news/view/3420 ECTA (European Communities Trade Mark Association) was formed in 1980. The task of ECTA (European Communities Trade Mark Association) (http://www.ecta.org ) Trademarks in European Union EUIPO – CITMA view on practice developments https://gencs.ee/news/view/3414 Thu, 26 Jan 2017 12:43:33 +0200 https://gencs.ee/news/view/3414  CITMA Founded in 1934, chartered in 2016, The Chartered Institute of Trade Mark Attorneys (CITMA) (https://www.citma.org.uk/home ) is a professional Trademarks in European Union EUIPO – CITMA view on development https://gencs.ee/news/view/3408 Wed, 25 Jan 2017 13:11:49 +0200 https://gencs.ee/news/view/3408   Founded in 1934, chartered in 2016, The Chartered Institute of Trade Mark Attorneys (CITMA) is a professional membership organisation with New guidelines for examination of EU Trademarks and Registered Community Designs https://gencs.ee/news/view/3402 Mon, 23 Jan 2017 15:31:48 +0200 https://gencs.ee/news/view/3402 On 12 December 2016, the Executive Director of the European Union Intellectual Property Office (EUIPO) signed the Decision adopting the Tax Up-date in Estonia starting from 01.01.2017 https://gencs.ee/news/view/3396 Fri, 20 Jan 2017 15:32:03 +0200 https://gencs.ee/news/view/3396 Value Added Tax VAT is 20%. VAT is 9% in case of: books and workbooks used as learning materials; medicinal products, contraceptive preparations, sanitary Importance of the new EU Trade Marks regulation https://gencs.ee/news/view/3390 Thu, 19 Jan 2017 14:01:26 +0200 https://gencs.ee/news/view/3390 On 23 March 2016 Regulation (EU) No 2015/2424 of the European Parliament and the Council regarding the EU trade marks Tax update for 2017 in Estonia https://gencs.ee/news/view/3384 Wed, 18 Jan 2017 10:35:30 +0200 https://gencs.ee/news/view/3384 The government has made certain changes to some of the tax rates for Estonia in 2017. At the same time, European Communities Trade Mark Association https://gencs.ee/news/view/3378 Tue, 17 Jan 2017 16:04:42 +0200 https://gencs.ee/news/view/3378 The so-called (ECTA) by itself is an association, dealing mainly with the trademarks in the EU and all related aspects. Revocation of EU Trade Mark, Hyphen GmbH v EUIPO and Skylotec GmbH https://gencs.ee/news/view/3372 Tue, 17 Jan 2017 15:47:05 +0200 https://gencs.ee/news/view/3372 On 13th of September 2016 the Second Chamber of the General Court issued a judgement regarding revocation proceedings of an New Nice Classification of Goods and Services regarding international trade mark registration https://gencs.ee/news/view/3366 Tue, 17 Jan 2017 15:37:49 +0200 https://gencs.ee/news/view/3366 The Nice Classification is a system used to classify goods and services for international trade mark registration. Under the Nice Bank of Lithuania answers in 10 days for financial technology (Fintech) license inquiries https://gencs.ee/news/view/3360 Thu, 12 Jan 2017 17:31:25 +0200 https://gencs.ee/news/view/3360 The program ‘Newcomer’ introduced by the Central Bank of Lithuania The Central Bank of Lithuania has made a promise to provide VAT invoices in Latvia in electronic form (e-invoices) https://gencs.ee/news/view/3354 Tue, 10 Jan 2017 12:44:11 +0200 https://gencs.ee/news/view/3354 The same like all EU member states, now it is permitted to use electronic VAT invoices in Latvia, if certain Changes in the Latvian immigration law https://gencs.ee/news/view/3348 Mon, 09 Jan 2017 17:43:50 +0200 https://gencs.ee/news/view/3348 From the January 1, 2017, the Republic of Latvia approved several proposals related to law on immigration in Latvia. The The SCC in Latvia and Gencs Valters Law Firm invite to the 10th seminar in Riga - “Expatriate Tax Planning https://gencs.ee/news/view/3342 Wed, 04 Jan 2017 15:34:44 +0200 https://gencs.ee/news/view/3342 Date: Thursday, March 9, 2017 Time: 17:30 – 18.15 Venue: Valdemara Hotel, Conference room on 2nd floor   Convention for the avoidance of double taxation between Latvia and Cyprus https://gencs.ee/news/view/3336 Tue, 03 Jan 2017 17:33:46 +0200 https://gencs.ee/news/view/3336 A Convention, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, Double Taxation Agreement between Latvia and Honk Kong https://gencs.ee/news/view/3330 Fri, 16 Dec 2016 14:59:34 +0200 https://gencs.ee/news/view/3330 Recently agreement was made between the Government of the Republic of Latvia and the Government of the Honk Kong Special Как получить вид на жительство (ВНЖ) в Латвии? https://gencs.ee/news/view/3324 Wed, 07 Dec 2016 16:45:11 +0200 https://gencs.ee/news/view/3324 На сегодняшний день в связи с глобализацией и динамически развивающимися экономическими преобразованиями мы часто меняем свое место жительства. Прибалтика является Interview with a trainee from Bulgaria – Lenko Stoychev https://gencs.ee/news/view/3318 Tue, 06 Dec 2016 16:12:27 +0200 https://gencs.ee/news/view/3318 Mr. Stoychev, a very intelligent student with high sense of responsibility, has just started his internship in Gencs Valters Law Amendments made to the Immigration law in Latvia (Part 2) https://gencs.ee/news/view/3312 Mon, 05 Dec 2016 11:41:20 +0200 https://gencs.ee/news/view/3312 Following tradition Gencs Valters Law Firm will sponsor “Santa Lucia” concert organized by the Embassy of Sweden, featuring Inese Galante https://gencs.ee/news/view/3306 Fri, 02 Dec 2016 10:27:14 +0200 https://gencs.ee/news/view/3306 St. Lucia’s day is the Church feast day dedicated to St. Lucia and is observed on December 13. It is Amendments made to the Immigration law in Latvia (Part 1) https://gencs.ee/news/view/3300 Wed, 30 Nov 2016 15:53:16 +0200 https://gencs.ee/news/view/3300 There have been made amendments to the Immigration law in Latvia that come into force on July 1, 2016. Several European Union Trade Mark Registration https://gencs.ee/news/view/3294 Mon, 28 Nov 2016 12:32:31 +0200 https://gencs.ee/news/view/3294 Recently the General Court, as a first instance of the European Court of Justice issued judgement regarding the trade mark A1 certificate for Estonians working abroad https://gencs.ee/news/view/3288 Wed, 23 Nov 2016 15:06:45 +0200 https://gencs.ee/news/view/3288 What is an A1 certificate? A1 certificate is a certificate proving the payment of social contributions in Estonia. The certificate concerns Interview with a trainee from Finland - Juho Kivihuhta https://gencs.ee/news/view/3282 Tue, 22 Nov 2016 12:25:36 +0200 https://gencs.ee/news/view/3282 Since September Mr Kivihuhta, a hard working law student from Finland, is a trainee at Gencs Valters Law Firm office Открытие компаний в Латвии. (Часть 2.) https://gencs.ee/news/view/3276 Tue, 22 Nov 2016 10:59:47 +0200 https://gencs.ee/news/view/3276 Если Вы желаете начать бизнес в Латвии, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Латвии Baltic Taxes - Free Tax Planning Application https://gencs.ee/news/view/3270 Thu, 17 Nov 2016 15:11:44 +0200 https://gencs.ee/news/view/3270 “Baltic Taxes” available on the Apple App Store and the Android Market Baltic Taxes is a tax planning and optimization application Baltic Taxes - Free Tax Planning Application https://gencs.ee/news/view/3264 Thu, 17 Nov 2016 14:56:56 +0200 https://gencs.ee/news/view/3264 “Baltic Taxes” available on the Apple App Store and the Android Market!   Baltic Taxes is a tax planning and Открытие компаний в Латвии. (Часть 1.) https://gencs.ee/news/view/3258 Wed, 16 Nov 2016 17:07:28 +0200 https://gencs.ee/news/view/3258 Если Вы желаете начать бизнес в Латвии, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Латвии Как начать бизнес в Литве? Порядок открытия и виды компаний в Литве. (Часть 2.) https://gencs.ee/news/view/3252 Wed, 09 Nov 2016 16:09:51 +0200 https://gencs.ee/news/view/3252 Если Вы планируете начать бизнес в Литве, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Литве Как начать бизнес в Литве? Порядок открытия и виды компаний в Литве. (Часть 1.) https://gencs.ee/news/view/3246 Wed, 09 Nov 2016 16:05:08 +0200 https://gencs.ee/news/view/3246 Если Вы планируете начать бизнес в Литве, мы предлагаем Вашему вниманию краткую информацию о следующих возможностях открытия компаний в Литве New Double Taxation Agreement in process https://gencs.ee/news/view/3215 Tue, 18 Oct 2016 10:11:57 +0300 https://gencs.ee/news/view/3215 The Estonian Government approved in the end of September 2016 proposal on signing the Convention between the Government of the Opposition Division's of EUIPO rejection of the European Union trademark https://gencs.ee/news/view/3185 Tue, 20 Sep 2016 16:09:44 +0300 https://gencs.ee/news/view/3185 In recent decision of the Opposition Division of EUIPO it was decided to reject a European Union trademark in its Permanent establishment in Lithuania for tax purporses https://gencs.ee/news/view/3179 Mon, 19 Sep 2016 15:57:24 +0300 https://gencs.ee/news/view/3179  Lithuanian rules on Permanent Establishment stipulate requirements on a company acting through agent/representative, construction sites or using natural resources. Contradictions Special tax and corporate structure advantages in Lithuania https://gencs.ee/news/view/3173 Thu, 15 Sep 2016 11:30:18 +0300 https://gencs.ee/news/view/3173 Research and Development is highly encouraged in Lithuania as firms can deduct R&D expenditures 3 times. Moreover, 5% Corporate Income Declaration of invalidity of the EU trade mark https://gencs.ee/news/view/3167 Mon, 12 Sep 2016 10:57:29 +0300 https://gencs.ee/news/view/3167 Recent decision of the Board of Appeal in the European Union Double citizenship in Lithuania https://gencs.ee/news/view/3161 Thu, 08 Sep 2016 09:59:56 +0300 https://gencs.ee/news/view/3161 Reinstatement of citizenship in Lithuania Recently Lithuanian government has enacted a new amendment to the Law on Citizenship of Lithuania. A Interview with a trainee from Netherlands - Andzej Trusevic https://gencs.ee/news/view/3155 Tue, 06 Sep 2016 15:23:54 +0300 https://gencs.ee/news/view/3155 During 2016 summer Mr Trusevic, a very keen law student from Netherlands, spent a month on a internship at Gencs Trademark search in Estonia https://gencs.ee/news/view/3149 Thu, 01 Sep 2016 11:39:30 +0300 https://gencs.ee/news/view/3149 One of the main reasons for trademark opposition in Estonia is identical or similar trademarks that have been registered earlier Trademark search in Lithuania https://gencs.ee/news/view/3143 Mon, 29 Aug 2016 12:31:08 +0300 https://gencs.ee/news/view/3143 Likelihood of confusion for trademarks in Lithuania is one of the main reasons for trademark disputes. This is due to Trademark search in Latvia https://gencs.ee/news/view/3137 Thu, 25 Aug 2016 09:50:15 +0300 https://gencs.ee/news/view/3137 Often there are several disputes arising over the intellectual property rights due to the protection of trademarks, patents, designs and Tax benefits for foreign companies in Latvia https://gencs.ee/news/view/3131 Wed, 17 Aug 2016 12:49:34 +0300 https://gencs.ee/news/view/3131  Financial year in Latvia starts with registration of the company to Commercial register regardless the date and ends on December Založení společnosti v Lotyšsku / Company incorporation in Latvia https://gencs.ee/news/view/3125 Thu, 11 Aug 2016 13:49:45 +0300 https://gencs.ee/news/view/3125 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným.   Minimální základní kapitál k založení společnosti s ručením omezeným činí 2800 Založení společnosti v Estonsku / Company incorporation in Estonia https://gencs.ee/news/view/3118 Wed, 10 Aug 2016 14:06:40 +0300 https://gencs.ee/news/view/3118 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným (OÜ).     Company establishment in Sweden https://gencs.ee/news/view/3112 Tue, 09 Aug 2016 12:34:55 +0300 https://gencs.ee/news/view/3112 Latvian lawyer recognised in a book by Viesturs Tamužs https://gencs.ee/news/view/3106 Fri, 05 Aug 2016 12:54:49 +0300 https://gencs.ee/news/view/3106   Viesturs Tamužs, successful businessman and a partner at Eco investor, in his book ‘Ķīmiķis ķemmē un saķemmē’ (author’s translation: Chemist Tax benefits for Polish in Lithuania https://gencs.ee/news/view/3100 Thu, 04 Aug 2016 12:02:12 +0300 https://gencs.ee/news/view/3100 Interview with trainee: Finnish law student Sara Kuntola https://gencs.ee/news/view/3092 Tue, 02 Aug 2016 13:49:51 +0300 https://gencs.ee/news/view/3092 At the summer of 2016 student from Finland (Lappeenranta) took part in internship in Gencs Valters Law firm. Intern took Založení společnosti v Litvě / Company incorporation in Lithuania https://gencs.ee/news/view/3082 Fri, 15 Jul 2016 13:19:17 +0300 https://gencs.ee/news/view/3082 Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost s ručením omezeným.   Minimální základní kapitál k založení společnosti s ručením omezeným činí 2500 Provisions for receiving the residence permit in Latvia https://gencs.ee/news/view/3076 Wed, 13 Jul 2016 11:44:17 +0300 https://gencs.ee/news/view/3076 On July 1, 2016, amendments to the Immigration Law of the Republic of Latvia came into force, modifying the provisions Amendments have to be made to the Labour law in Latvia https://gencs.ee/news/view/3069 Tue, 12 Jul 2016 13:21:08 +0300 https://gencs.ee/news/view/3069 Directive 2014/67/EU on the enforcement of rules concerning the posting of workers came into force on June 18, 2016.   On June Interview with trainee: Georgian law student Nino Goshkheteliani https://gencs.ee/news/view/3059 Thu, 07 Jul 2016 11:37:45 +0300 https://gencs.ee/news/view/3059 In spring 2016 student from Georgia (Kutaisi) took part in Gencs Valters Law firm's internship program. Intern took practical internship in Estonian Company registration in Estonia https://gencs.ee/news/view/3050 Mon, 04 Jul 2016 12:38:31 +0300 https://gencs.ee/news/view/3050 According to the Commercial Code there are five forms of business entities, which are created by entry into the Commercial Tadas Bulota joined our Law Firm in Vilnius office https://gencs.ee/news/view/3042 Thu, 30 Jun 2016 14:07:52 +0300 https://gencs.ee/news/view/3042   Tadas Bulota has joined our Law firm from June 20. He has gained strong legal background at Chicago-Kent College of Law Double citizenship is soon possible in Lithuania https://gencs.ee/news/view/3030 Mon, 27 Jun 2016 13:37:37 +0300 https://gencs.ee/news/view/3030 Since the restoration of the independence in 1990 Lithuania has been firmly applying the principle of prohibition of double citizenship. Latvian black list of low tax territories / 2016 https://gencs.ee/news/view/3014 Tue, 14 Jun 2016 13:36:16 +0300 https://gencs.ee/news/view/3014 Latvia has listed 62 countries on a list of low or no tax states. Transactions with these countries have special Micro company in Lithuania https://gencs.ee/news/view/3007 Thu, 09 Jun 2016 09:55:40 +0300 https://gencs.ee/news/view/3007 A micro company (MB) is a legal form of business that was introduced in Lithuania in 2012. MB is not required Amendments made to the Immigration law in Latvia https://gencs.ee/news/view/3001 Wed, 08 Jun 2016 11:57:53 +0300 https://gencs.ee/news/view/3001 Recently there have been made several amendments to the Immigration law in Latvia that will come into force on July Buy or sell property in order to gain a residence permit in the Baltics https://gencs.ee/news/view/2988 Thu, 26 May 2016 09:23:59 +0300 https://gencs.ee/news/view/2988 Buying property in the Baltics will qualify you for a residence permit in the country. For example purchase of a Gencs Valters Law Firm becomes a member of the International VAT Association https://gencs.ee/news/view/2981 Thu, 19 May 2016 09:29:25 +0300 https://gencs.ee/news/view/2981   To expand the professional knowledge and experience about International taxation Gencs Valters Law Firm became a member of the International Interview with trainee: Finnish law student Tommi Keranen https://gencs.ee/news/view/2975 Tue, 17 May 2016 10:15:14 +0300 https://gencs.ee/news/view/2975 At the beginning of 2016 student from Finland (Helsinki) took part in internship in Gencs Valters Law firm. Intern took Valters Gencs was elected as a member of the Board in Swedish Chamber of Commerce in Latvia https://gencs.ee/news/view/2966 Fri, 13 May 2016 09:48:44 +0300 https://gencs.ee/news/view/2966   On 11 May, 2016 the 20th Annual General Meeting of the Swedish Chamber of Commerce in Latvia took place at Corporate income tax in Lithuania https://gencs.ee/news/view/2959 Tue, 03 May 2016 09:47:25 +0300 https://gencs.ee/news/view/2959 Corporate income tax in Lithuania is paid by domestic companies – residents, non-residents and non-resident permanent establishments that perform economic Interview with trainee: Finnish law student Samuli Rissanen https://gencs.ee/news/view/2952 Mon, 02 May 2016 09:15:45 +0300 https://gencs.ee/news/view/2952 At the beginning of 2016 student from Finland (Kajaani) took part in internship in Gencs Valters Law firm. Intern took Corporate income tax in Estonia https://gencs.ee/news/view/2946 Fri, 29 Apr 2016 09:41:48 +0300 https://gencs.ee/news/view/2946 Corporate income tax in Estonia is paid by domestic companies – residents, permanent establishments of non-residents that perform economic activity Incorporation and taxation of micro company in Lithuania https://gencs.ee/news/view/2940 Thu, 21 Apr 2016 15:20:45 +0300 https://gencs.ee/news/view/2940 A micro company (MB) is a legal form of business that was introduced in Lithuania in 2012. MB is not Corporate income tax in Latvia https://gencs.ee/news/view/2934 Mon, 18 Apr 2016 16:13:24 +0300 https://gencs.ee/news/view/2934 In Latvia corporate income tax is paid by domestic companies – residents, non-residents and permanent representative offices of non-residents that Interview with trainee: Finnish law student Aleksi Kajander https://gencs.ee/news/view/2928 Wed, 13 Apr 2016 09:22:08 +0300 https://gencs.ee/news/view/2928 At the begining of 2016 student from Finland (Tampere) took part in internship in Gencs Valters Law firm. Intern took European Union Intellectual Property Office (EUIPO) https://gencs.ee/news/view/2922 Mon, 11 Apr 2016 12:24:22 +0300 https://gencs.ee/news/view/2922  On March 26, 2016 the Office for Harmonization in the Internal Market (OHIM) became the European Union Intellectual Property Office Immigration and residency in Latvia https://gencs.ee/news/view/2873 Thu, 11 Feb 2016 10:37:49 +0200 https://gencs.ee/news/view/2873  In order to obtain the right of temporary residence permit the Micro company tax in Latvia https://gencs.ee/news/view/2864 Fri, 05 Feb 2016 10:52:26 +0200 https://gencs.ee/news/view/2864  Micro company tax starting from January 1st, 2016 did not change and the tax of 9 % is applicable for Vehicle Operation Taxes and Company Car Taxes https://gencs.ee/news/view/2856 Tue, 02 Feb 2016 14:19:39 +0200 https://gencs.ee/news/view/2856 From January 1st, 2016 the vehicle operation tax for vehicles with gross weight till 12 000 kg is increased more than Excise Taxes in Latvia in 2016 https://gencs.ee/news/view/2844 Wed, 27 Jan 2016 12:26:49 +0200 https://gencs.ee/news/view/2844 From January 1st, 2016 excise taxes for fuel has been increased. For example, excise tax for unleaded fuel increased from The authority of State Revenue service (SRS) is increased https://gencs.ee/news/view/2826 Tue, 19 Jan 2016 13:53:41 +0200 https://gencs.ee/news/view/2826 The SRS has the power to determine taxable object that is decreased with taxes and fees on the basis of Real Estate Guide 2016: Real estate purchase in Estonia https://gencs.ee/news/view/2820 Mon, 18 Jan 2016 11:12:14 +0200 https://gencs.ee/news/view/2820 This article gives you an overview about the key requirements for purchasing or selling real estate in Estonia. This summary 27th MIPIM real estate market in Cannes, France https://gencs.ee/news/view/2814 Fri, 15 Jan 2016 11:46:38 +0200 https://gencs.ee/news/view/2814 On March 15th, 2016 Gencs Valters together with Multilaw will take part in lawyers’ informal networking event during MIPIM at New amendments in the gambling taxes in Latvia https://gencs.ee/news/view/2762 Fri, 11 Dec 2015 13:37:21 +0200 https://gencs.ee/news/view/2762 The Saeima (Parliament) of the Republic of Latvia in the final reading accepted several amendments to the Gambling and Lottery Following tradition Valters Gencs Law Firm will sponsor Swedish “Santa Lucia” concert organized by the Swedish Embassy, featuring Inese Galante, https://gencs.ee/news/view/2756 Tue, 01 Dec 2015 15:01:27 +0200 https://gencs.ee/news/view/2756 St. Lucia’s day is the Church feast day dedicated to St. Lucia and is observed on December 13. It is Bank account opening in Latvia https://gencs.ee/news/view/2713 Tue, 27 Oct 2015 12:23:56 +0200 https://gencs.ee/news/view/2713 In Latvia bank accounts are subject to bank scrutiny and some real business shall be present. However few Latvian banks The European Court of Justice renders the Safe Harbor Agreement invalid https://gencs.ee/news/view/2687 Wed, 14 Oct 2015 17:31:23 +0300 https://gencs.ee/news/view/2687 What is Safe Harbor Agreement?   The EU Data Protection Directive provides that EU companies can transfer personal data to non-EEA countries List of Double Tax Treaties (DTT) Latvia has concluded https://gencs.ee/news/view/2681 Tue, 13 Oct 2015 17:20:26 +0300 https://gencs.ee/news/view/2681 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 From 2016 merchants have to declare leasing and lending service payments and associated interest payments made by individuals https://gencs.ee/news/view/2662 Mon, 05 Oct 2015 09:50:51 +0300 https://gencs.ee/news/view/2662 From 2016 leasing and credit service providers have to submit an informative declaration to the State Revenue Service about leasing The Court of Justice of the European Union clarifies the concept of “working time” https://gencs.ee/news/view/2650 Tue, 15 Sep 2015 09:54:47 +0300 https://gencs.ee/news/view/2650   On 10 September 2015 the Court of Justice of the European Union (the CJEU) adopted a judgment in the Case As of 2016 merchants have to declare leasing and lending service payments and associated interest payments made by individuals https://gencs.ee/news/view/2644 Mon, 14 Sep 2015 14:18:10 +0300 https://gencs.ee/news/view/2644   From 2016 leasing and credit service providers have to submit an informative declaration to the State Revenue Service about leasing Transferring of losses in Lithuania https://gencs.ee/news/view/2638 Fri, 11 Sep 2015 11:36:54 +0300 https://gencs.ee/news/view/2638 The general rule is that operating losses may be carried forward indefinitely as long as the company continues the activities Invitation to the SelectUSA Roadshow in Tallinn on 21st of September 2015 https://gencs.ee/news/view/2626 Mon, 07 Sep 2015 15:20:23 +0300 https://gencs.ee/news/view/2626 Dear coorporation partners,     We are glad to invite you to the SelectUSA Roadshow in Tallinn on 21st of September 2015.   The Baltic States remain the most attractive for transferring your business https://gencs.ee/news/view/2620 Fri, 04 Sep 2015 11:08:27 +0300 https://gencs.ee/news/view/2620 The new data on minimum wage across Europe published by Eurostat on July, 2015 proves that the Baltic States remain Firing The Employee in Estonia https://gencs.ee/news/view/2608 Mon, 31 Aug 2015 14:32:59 +0300 https://gencs.ee/news/view/2608 Hiring the employee in Estonia https://gencs.ee/news/view/2602 Thu, 27 Aug 2015 14:13:47 +0300 https://gencs.ee/news/view/2602 Part fifth   Protection and Enforcement of Geographical Indications https://gencs.ee/news/view/2596 Tue, 18 Aug 2015 11:12:02 +0300 https://gencs.ee/news/view/2596 Geographical Indications (GI) are a parallel string besides trademarks to secure the customers trust in a certain product’s origin, protect Permanent establishment in Lithuania https://gencs.ee/news/view/2589 Mon, 17 Aug 2015 10:09:16 +0300 https://gencs.ee/news/view/2589 While it is possible for foreign company to conduct business operations in Lithuania without establishing a legal person, it should be The Estonian Patent office has joined the pilot project of Global Patent Prosecution Highway (GPPH) https://gencs.ee/news/view/2582 Fri, 07 Aug 2015 11:04:45 +0300 https://gencs.ee/news/view/2582 The aim of GPPH project is to enable faster and higher quality in patent examination within the patent offices that Hiring the employee in Estonia. https://gencs.ee/news/view/2576 Thu, 06 Aug 2015 09:47:26 +0300 https://gencs.ee/news/view/2576 Part fourth - Maintaining The Employment Relationship   Taking action against counterfeit goods in EU https://gencs.ee/news/view/2570 Mon, 03 Aug 2015 10:45:31 +0300 https://gencs.ee/news/view/2570 Reverse VAT charge is also applicable for construction in Lithuania https://gencs.ee/news/view/2563 Tue, 28 Jul 2015 12:52:42 +0300 https://gencs.ee/news/view/2563 Following the amendments of the Law on VAT, reverse VAT charge shall also apply for construction works, even if customer The MOSS system will allow merchants to pay VAT more easily https://gencs.ee/news/view/2545 Tue, 21 Jul 2015 09:22:25 +0300 https://gencs.ee/news/view/2545 The MOSS system, otherwise referred to as mini one stop shop will allow merchants all over the EU to pay E-residency in Estonia https://gencs.ee/news/view/2537 Mon, 20 Jul 2015 10:39:17 +0300 https://gencs.ee/news/view/2537 The Estonian pension system https://gencs.ee/news/view/2529 Mon, 13 Jul 2015 17:52:27 +0300 https://gencs.ee/news/view/2529 The Estonian pension system has three pillars. First pillar is state pension, this means that the state pays the pension Repayment of Personal Income Tax and Other Benefits of Latvian Private Pension System The Pension System in Latvia https://gencs.ee/news/view/2522 Fri, 10 Jul 2015 09:34:54 +0300 https://gencs.ee/news/view/2522   Pubblicità comparativa in Europa https://gencs.ee/news/view/2506 Mon, 06 Jul 2015 16:44:47 +0300 https://gencs.ee/news/view/2506 Oggigiorno il passaparola non viene più considerato un mezzo affidabile per informare i clienti dei prodotti di una società. La Relevant changes in the Estonian tax laws https://gencs.ee/news/view/2500 Mon, 06 Jul 2015 15:56:02 +0300 https://gencs.ee/news/view/2500 On 21st of May the Government of Estonia approved several bills for changing the tax laws. Please see below short What to know about annual accounts in Estonia https://gencs.ee/news/view/2491 Thu, 02 Jul 2015 10:35:30 +0300 https://gencs.ee/news/view/2491 Up-coming changes in submission of annual accounts in Estonia The Ministry of Justice of the Republic of Estonia has sent to The requirements of consolidate annual report in Lithuania https://gencs.ee/news/view/2483 Tue, 30 Jun 2015 09:30:30 +0300 https://gencs.ee/news/view/2483 Consolidated reporting is regulated by the Law on Consolidated Financial Statements of Enterprises. An entity having one or several subsidiary Minimum wage in Lithuania will increase from July 1, 2015 https://gencs.ee/news/view/2477 Mon, 29 Jun 2015 09:16:52 +0300 https://gencs.ee/news/view/2477 The government has approved the proposal submitted by the Ministry of Social Security and Labour to increase minimum wage following European Court of Human Rights judgment in the case of Delfi v. Estonia: online media is liable for offensive user https://gencs.ee/news/view/2471 Fri, 19 Jun 2015 17:23:19 +0300 https://gencs.ee/news/view/2471 On 16 May 205 the European Court of Human Rights (ECHR) in the case of Delfi AS v. Estonia (application The new amendments in Latvia regarding micro company tax https://gencs.ee/news/view/2464 Thu, 18 Jun 2015 16:22:13 +0300 https://gencs.ee/news/view/2464 Starting from 13th May 2015 new amendments in micro company tax are in force.   Court of Justice of the EU’s judgment in the Google Spain case on the right to privacy and protection of https://gencs.ee/news/view/2458 Wed, 17 Jun 2015 10:02:04 +0300 https://gencs.ee/news/view/2458 Court of Justice of the EU’s judgment in the Google Spain case on the right to privacy and protection of Hiring the employee in Estonia https://gencs.ee/news/view/2450 Mon, 15 Jun 2015 12:49:42 +0300 https://gencs.ee/news/view/2450 Part three Scheda fiscale baltica 2015: i redditi di impresa in Lettonia https://gencs.ee/news/view/2429 Wed, 10 Jun 2015 12:26:52 +0300 https://gencs.ee/news/view/2429 Contribuenti Le tasse sul reddito d’impresa sono pagate da: Società nazionali e residenti; Non residenti; Uffici di rappresentanza permanente di non residenti che compiono OHIM launches the Enforcement database to help protect IP right holders https://gencs.ee/news/view/2422 Wed, 10 Jun 2015 11:57:25 +0300 https://gencs.ee/news/view/2422 Protecting EU market from counterfeit products is a constant struggle. For this reason, new systems to protect intellectual property right Comparative advertising in Europe https://gencs.ee/news/view/2414 Tue, 09 Jun 2015 09:59:19 +0300 https://gencs.ee/news/view/2414   Nowadays word-of-mouth is not considered a reliable way to inform customers about company’s production. Advertising is crucial in order to Hiring the employee in Estonia. Part two https://gencs.ee/news/view/2408 Thu, 04 Jun 2015 09:49:57 +0300 https://gencs.ee/news/view/2408 E-recidency in Estonia https://gencs.ee/news/view/2402 Mon, 01 Jun 2015 16:43:59 +0300 https://gencs.ee/news/view/2402 E-residency in Estonia   What is e-Residency?   E-residency is a digital identity, which Estonia has created for foreigners. In 2014 Estonia became Patents in Latvia, Lithuania and Estonia (Q&A) https://gencs.ee/news/view/2396 Mon, 01 Jun 2015 10:33:02 +0300 https://gencs.ee/news/view/2396 Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors Hiring the employee in Estonia https://gencs.ee/news/view/2388 Tue, 26 May 2015 09:16:48 +0300 https://gencs.ee/news/view/2388 The requirements of consolidate annual report in Latvia https://gencs.ee/news/view/2382 Thu, 21 May 2015 09:22:14 +0300 https://gencs.ee/news/view/2382   The Law on Consolidated Annual reports applies to commercial companies and co-operative societies registered in Latvia (hereinafter – the company) General Principles of employment in Estonia. https://gencs.ee/news/view/2376 Mon, 18 May 2015 09:56:12 +0300 https://gencs.ee/news/view/2376 Part one   Forums For Adjudicating Employment Disputes The Labour Holding regime in Latvia https://gencs.ee/news/view/2370 Thu, 14 May 2015 13:31:25 +0300 https://gencs.ee/news/view/2370 As of 1 January 2013 the holding regime has been introduced in Latvia. Such regime provides less tax burden In How to hire and fire employees in Latvia according to Labour Law: General principles and Hiring the Employee https://gencs.ee/news/view/2358 Fri, 08 May 2015 11:25:20 +0300 https://gencs.ee/news/view/2358 General principles Baltic Tax Card 2015: Corporate income tax in Lithuania https://gencs.ee/news/view/2346 Tue, 05 May 2015 11:15:59 +0300 https://gencs.ee/news/view/2346 Taxpayers Corporate income tax We are pleased to announce that our law firm is featured in “Chambers and Partners Europe Guide 2015” as leading https://gencs.ee/news/view/2334 Tue, 28 Apr 2015 18:04:03 +0300 https://gencs.ee/news/view/2334 "Chambers and Partners Europe Guide 2015" recommends the world’s best lawyers in 185 countries, including tax consultants and lawyers in Latvia. According Trademarks in Lithuania: likelihood of confusion and opposition https://gencs.ee/news/view/2328 Mon, 27 Apr 2015 11:15:02 +0300 https://gencs.ee/news/view/2328 If you find out that a third party infringes your registered trademark, you can take legal actions to stop the Changes in the Aliens Act of Estonia in 2015 regarding temporary stay, residence and employment https://gencs.ee/news/view/2322 Wed, 22 Apr 2015 15:38:39 +0300 https://gencs.ee/news/view/2322 As of 1st of April the Aliens Act that regulates the bases for the entry of foreigners into Estonia, their How to benefit from 5% corporate income tax in Lithuania? https://gencs.ee/news/view/2315 Wed, 15 Apr 2015 14:24:33 +0300 https://gencs.ee/news/view/2315 General corporate income tax rate in Lithuania is 15%. However, following the provisions of the Law on Corporate Income Tax, Real Estate Guide 2015: Purchasing real estate in Estonia https://gencs.ee/news/view/2309 Tue, 14 Apr 2015 14:16:55 +0300 https://gencs.ee/news/view/2309 This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview Our law firm in Latvia has been recommended as a TOP TIER firm in Tax by the Legal 500 EMEA https://gencs.ee/news/view/2303 Fri, 10 Apr 2015 13:49:43 +0300 https://gencs.ee/news/view/2303     We are proud to announce that our firm has been recommended as a TOP TIER FIRM by the Legal 500.   Intellectual Property: Is it worth it to register a patent? https://gencs.ee/news/view/2297 Thu, 09 Apr 2015 11:35:52 +0300 https://gencs.ee/news/view/2297 Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors World’s largest privately-held real estate agency: Lithuania offers the best business conditions in the world https://gencs.ee/news/view/2285 Tue, 31 Mar 2015 16:46:35 +0300 https://gencs.ee/news/view/2285 Earlier this month Lithuania has been rated as a country with the best business conditions globally for business process outsourcing World’s largest privately-held real estate agency: Lithuania offers the best business conditions in the world https://gencs.ee/news/view/2291 Tue, 31 Mar 2015 16:46:35 +0300 https://gencs.ee/news/view/2291 Earlier this month Lithuania has been rated as a country with the best business conditions globally for business process outsourcing Our law firm celebrates 15 Year Anniversary https://gencs.ee/news/view/2279 Mon, 30 Mar 2015 15:56:34 +0300 https://gencs.ee/news/view/2279 It makes us proud to announce that Gencs Valters Law Firm, a full service law firm in Latvia, Estonia and Baltic Tax Card 2015: Corporate income tax in Estonia https://gencs.ee/news/view/2273 Tue, 24 Mar 2015 14:57:11 +0200 https://gencs.ee/news/view/2273 Taxpayers Corporate income tax is paid by: domestic companies – residents; permanent establishments of non-residents that perform economic Release of the European Commission’s tax transparency package https://gencs.ee/news/view/2267 Fri, 20 Mar 2015 14:13:25 +0200 https://gencs.ee/news/view/2267 Commission of European Union released 18 March 2015 new tax transparency package. The package is aimed to put down tax Baltic Tax Card 2015: Corporate income tax in Latvia https://gencs.ee/news/view/2261 Tue, 17 Mar 2015 16:57:32 +0200 https://gencs.ee/news/view/2261 Taxpayers Corporate income tax is paid by: domestic companies – residents; non-residents; permanent represen Guide to obtain Latvian citizenship: Reinstatement, naturalization and special merits https://gencs.ee/news/view/2249 Tue, 10 Mar 2015 16:47:44 +0200 https://gencs.ee/news/view/2249 According to the Law on Citizenship, there are three ways how person can become citizen of Republic of Latvia- ancestors Corporate income tax as a tool for competition between EU member states https://gencs.ee/news/view/2243 Thu, 05 Mar 2015 10:31:36 +0200 https://gencs.ee/news/view/2243 Taking into account that there are different corporate tax rates in European Union member states, corporate income tax is used New issue of Gencs Valters Law Firm newsletter released: Tax rates, Competition, Litigation in Latvia, Lithuania, Estonia https://gencs.ee/news/view/2237 Fri, 27 Feb 2015 17:15:19 +0200 https://gencs.ee/news/view/2237     Gencs Valters Law Firm has released a newsletter for March 2015. It has been published for 6 years and Guide to reinstatement of Lithuanian citizenship https://gencs.ee/news/view/2231 Thu, 26 Feb 2015 16:21:15 +0200 https://gencs.ee/news/view/2231 According to the Law on Citizenship, persons whose ancestors were citizens of Lithuania have a right to reinstate their citizenship. Amendments to Estonian Commercial Code: Simplified procedure for dissolution of a company https://gencs.ee/news/view/2225 Mon, 23 Feb 2015 17:02:39 +0200 https://gencs.ee/news/view/2225 From January 2015 Estonian Commercial Code was amended. The most significant change was new simplified procedure for dissolution of a Changes in the Estonian Corporate Law: Regulation concerning private limited companies simplified https://gencs.ee/news/view/2219 Fri, 20 Feb 2015 10:24:49 +0200 https://gencs.ee/news/view/2219 On the 11th of February the Parliament of Estonia adopted new amendments to the Commercial Code. These changes will be Tax Card 2015: Personal income tax in Lithuania https://gencs.ee/news/view/2213 Tue, 17 Feb 2015 16:53:43 +0200 https://gencs.ee/news/view/2213 Structure Personal income tax is imposed on income acquired by a natural person, and it consists of: income from employment; business income (self-employed Tax Card 2015: Personal income tax in Latvia https://gencs.ee/news/view/2207 Mon, 16 Feb 2015 16:00:45 +0200 https://gencs.ee/news/view/2207 Structure   Personal income tax is imposed on income acquired by a natural person, and it consists of: salary tax calculated from the Tax Card 2015: Personal income tax in Estonia https://gencs.ee/news/view/2201 Fri, 13 Feb 2015 11:07:47 +0200 https://gencs.ee/news/view/2201 Structure Personal income tax is imposed on income acquired by a natural person, and it includes: income from employment; business inco How to hire and fire employees in Lithuania according to Labour Law: Firing the employee https://gencs.ee/news/view/2195 Tue, 10 Feb 2015 15:29:52 +0200 https://gencs.ee/news/view/2195 Procedures For Terminating the Agreement In all cases the termination of an employment contract must comply with the terms of the How to hire and fire employees in Lithuania according to Labour Law: Maintaining relationship with the employee https://gencs.ee/news/view/2189 Mon, 09 Feb 2015 16:45:13 +0200 https://gencs.ee/news/view/2189 Changes To The Contract In the event of changes in production, its scope, technology or labour organisation, as well as in How to hire and fire employees in Lithuania according to Labour Law: General principles and Hiring the Employee https://gencs.ee/news/view/2182 Fri, 06 Feb 2015 12:25:51 +0200 https://gencs.ee/news/view/2182 General Principles Forums For Adjudicating Employment Disputes The Labour Disputes Commission has exclusive jurisdiction for most claims, but in certain case Immigration and residency in Baltics 2015: Lithuania https://gencs.ee/news/view/2175 Wed, 04 Feb 2015 12:15:22 +0200 https://gencs.ee/news/view/2175 Any European Union citizen is free to stay in the Republic of Lithuania for a period up to 3 months Shipping taxation in Latvia: One of the most attractive shipping taxation regimes in the EU https://gencs.ee/news/view/2169 Tue, 03 Feb 2015 14:45:54 +0200 https://gencs.ee/news/view/2169 Latvia has one of the most attractive shipping taxation regimes in the EU. If the usual company has income it Issuing company loans to employees in Estonia https://gencs.ee/news/view/2163 Fri, 30 Jan 2015 15:36:19 +0200 https://gencs.ee/news/view/2163 The ruling regarding minimum rate of interest on fringe benefits from the Minister of Finance was nullified and staring from 2015 Lithuanian black list of low tax territories https://gencs.ee/news/view/2157 Thu, 29 Jan 2015 16:24:33 +0200 https://gencs.ee/news/view/2157 Lithuania has included 58 countries to a list of low or no tax states. Transactions with these countries have special Immigration and residency in Baltics 2015: Estonia https://gencs.ee/news/view/2151 Tue, 27 Jan 2015 14:29:45 +0200 https://gencs.ee/news/view/2151 European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid travel document or Latvian black list of low tax territories https://gencs.ee/news/view/2145 Mon, 26 Jan 2015 16:27:55 +0200 https://gencs.ee/news/view/2145 Latvia has listed 62 countries on a list of low or no tax states. Transactions with these countries have special New amendments open floodgates for class action in Lithuania https://gencs.ee/news/view/2127 Mon, 19 Jan 2015 10:41:53 +0200 https://gencs.ee/news/view/2127 From January 1, 2015 the amendments of the Civil Procedure Code regulating class action came into force. Prior to the Corporate income tax changes for 2014 in Lithuania https://gencs.ee/news/view/2121 Thu, 15 Jan 2015 12:02:26 +0200 https://gencs.ee/news/view/2121 Few Corporate income tax amendments applicable for 2014 income is a good sign, indicating stability in Lithuanian corporate tax system. Estonian black list of low tax territories https://gencs.ee/news/view/2115 Wed, 14 Jan 2015 16:28:42 +0200 https://gencs.ee/news/view/2115 Estonia has listed 55 countries that are on so-called black list because of their tax policy. The aim of this Taxation of 2014 investment income in Lithuania https://gencs.ee/news/view/2109 Tue, 13 Jan 2015 11:47:09 +0200 https://gencs.ee/news/view/2109 Beginning of new financial year is a need to review legal requirements applicable to taxation of 2014 year’s income. There Brokerage services in Lithuania https://gencs.ee/news/view/2103 Sat, 10 Jan 2015 11:17:25 +0200 https://gencs.ee/news/view/2103 Brokerage services are usually defined as buying and selling of financial securities (or financial instruments) which include research and advice Declaring payments made to the company’s equity in Estonia https://gencs.ee/news/view/2096 Thu, 08 Jan 2015 11:58:02 +0200 https://gencs.ee/news/view/2096 According to the amendments made to the Income Tax Act, which became in force from the 1st of January 2015, The Government of the Republic of Latvia raises minimum wage https://gencs.ee/news/view/2090 Wed, 07 Jan 2015 15:33:23 +0200 https://gencs.ee/news/view/2090 Minimum monthly salary and the minimum hourly wage rate According to amendments in the Regulations of the Cabinet of Ministers of Competition regulation changes in Estonia: Starting from January 1st, 2015 new versions of Competition Act and Penal Code become effective https://gencs.ee/news/view/2084 Mon, 05 Jan 2015 16:06:42 +0200 https://gencs.ee/news/view/2084 Starting from 1st of January 2015 the new versions of Competition Act and Penal Code became effective. With the amendments We Wish You Prosperous Holiday Season and Happy New Year! https://gencs.ee/news/view/2078 Mon, 29 Dec 2014 13:16:07 +0200 https://gencs.ee/news/view/2078 Temporary residence permit in Latvia for highly-qualified employees https://gencs.ee/news/view/2072 Tue, 23 Dec 2014 11:16:09 +0200 https://gencs.ee/news/view/2072 Similar to the Green Card in the USA, the EU blue card offers highly educated employees from third countries the Arbitration in Latvia: New amendments on law regulating Dispute Resolution https://gencs.ee/news/view/2066 Mon, 22 Dec 2014 10:31:07 +0200 https://gencs.ee/news/view/2066 In 11th of September of 2014 new amendments on law regulating Arbitration were adopted, these new regulations will be in Taxation of Option Plans in Estonia https://gencs.ee/news/view/2060 Wed, 17 Dec 2014 12:36:35 +0200 https://gencs.ee/news/view/2060 Option plans are good ways to reward employees for successful year or to bind them for the company. In Estonia Following tradition our firm sponsored Swedish “Santa Lucia” concert organized by the Swedish Embassy, featuring Swedish Choir “Saint Eugenia’s Youth https://gencs.ee/news/view/2054 Tue, 16 Dec 2014 09:57:10 +0200 https://gencs.ee/news/view/2054 St.Lucia’s day is the Church feast day dedicated to St. Lucia andi s observed on December 13. It is celebrated EU rules for VAT in telecommunications, broadcasting and electronic services https://gencs.ee/news/view/2048 Thu, 11 Dec 2014 14:45:30 +0200 https://gencs.ee/news/view/2048 From January 1. 2015 EU will change the application of VAT rules in intra-community trades. The new rule will change Joint venture agreement in Lithuania: Protecting interests of the contracting parties and foreseeing consequences of collaboration https://gencs.ee/news/view/2042 Tue, 09 Dec 2014 17:14:10 +0200 https://gencs.ee/news/view/2042 In Lithuania joint venture agreements are applied very widely: from participation in tender to short term or even term-less private Franchise in Estonia https://gencs.ee/news/view/2036 Mon, 08 Dec 2014 16:31:04 +0200 https://gencs.ee/news/view/2036 Concept of Franchise Franchise is regulated in Estonia under Law of Obligations act. The act defines that franchise is a contract Real estate tax in Latvia https://gencs.ee/news/view/2030 Wed, 03 Dec 2014 16:47:35 +0200 https://gencs.ee/news/view/2030 Taxable entities Taxable entities are individuals, legal entities and non-residents that own or have rights to Latvian real estate, including land. Dispute resolution in Lithuania: How to submit an Appeal https://gencs.ee/news/view/2024 Tue, 02 Dec 2014 16:15:52 +0200 https://gencs.ee/news/view/2024 A court decision does not always satisfy the parties of the dispute. In such case, the best remedy might be Franchise in Latvia https://gencs.ee/news/view/2018 Fri, 28 Nov 2014 16:32:36 +0200 https://gencs.ee/news/view/2018 Successful business model or brand may be leased to another party for period of time; this practice is regarded as Avoidance of double taxation: Estonia signs convention with Morocco https://gencs.ee/news/view/2012 Wed, 26 Nov 2014 14:46:58 +0200 https://gencs.ee/news/view/2012 In September Estonian Foreign Minister Mr Urmas Paet signed convention between the Republic of Estonia and the Kingdom of Morocco Competition in Latvia: Prohibited agreements, Dominant position, Merger control and Unfair competition https://gencs.ee/news/view/2006 Mon, 24 Nov 2014 11:47:20 +0200 https://gencs.ee/news/view/2006 Prohibited agreements The Competition Law prohibits and proclaims null and void all agreements that have been entered into with the purpose Estonia considers fining companies that does not submit annual reports on time https://gencs.ee/news/view/1999 Thu, 20 Nov 2014 10:34:01 +0200 https://gencs.ee/news/view/1999 Ministry of Justice in Estonia have proposed that starting from 2016 failure to submit annual reports on time would lead Obligation to change share capital for all companies registered in Lithuania https://gencs.ee/news/view/1993 Wed, 19 Nov 2014 10:18:27 +0200 https://gencs.ee/news/view/1993 Following January 1, 2015 all the companies registered in Lithuania are imposed with obligation to change their share capital as Reorganization of a company in Latvia: Mergers, Division and Acquisitions https://gencs.ee/news/view/1981 Thu, 13 Nov 2014 17:12:50 +0200 https://gencs.ee/news/view/1981 Mergers, divisions and changes in the form of Latvian companies fall under the reorganization rules. Information further covers the main Competition in Estonia: Prohibitions, Dominant position of the undertakings, Control of mergers and Unfair competition https://gencs.ee/news/view/1974 Mon, 10 Nov 2014 16:42:01 +0200 https://gencs.ee/news/view/1974 Framework of commercial competition in Estonia is provided in the Competition Act adopted in November 2001. Estonian legislators working on Product liability in Lithuania https://gencs.ee/news/view/1966 Fri, 07 Nov 2014 10:04:13 +0200 https://gencs.ee/news/view/1966 When a product released to the market causes injuries or damages, the first task of claimant is to determine a Real estate tax in Lithuania https://gencs.ee/news/view/1960 Wed, 05 Nov 2014 14:33:35 +0200 https://gencs.ee/news/view/1960 The law which determines the rules of payment of this tax is the Law on Real Estate Tax of the Free trade zones in Estonia https://gencs.ee/news/view/1954 Tue, 04 Nov 2014 12:15:13 +0200 https://gencs.ee/news/view/1954 Relocating your business to another country or city is not only an excellent way to expand your company but it Lithuanian Ministry of Culture has passed Regulation on movie financing from Lithuanian government funds https://gencs.ee/news/view/1946 Thu, 30 Oct 2014 17:29:32 +0200 https://gencs.ee/news/view/1946 On September 6th Lithuanian Ministry of Culture has passed Regulation on movie financing from Lithuanian government funds. In this way Free economic zones in Latvia https://gencs.ee/news/view/1940 Wed, 29 Oct 2014 11:05:56 +0200 https://gencs.ee/news/view/1940 Relocating your business to another country or city is not only an excellent way to expand your company but it Personal Income Tax in Latvia https://gencs.ee/news/view/1934 Tue, 28 Oct 2014 16:01:59 +0200 https://gencs.ee/news/view/1934 Expatriates are liable for Latvian taxes depending on their tax residency. Latvian residents are taxable for their worldwide income. Non-Latvian Franchise in Lithuania https://gencs.ee/news/view/1928 Mon, 27 Oct 2014 10:45:36 +0200 https://gencs.ee/news/view/1928 Successful business model or brand may be leased to another party for limited amount of time, this practice is regarded Value Added Tax (VAT) in Lithuania https://gencs.ee/news/view/1922 Fri, 24 Oct 2014 17:30:09 +0300 https://gencs.ee/news/view/1922 The Law on Value Added Tax of the Republic of Lithuania is the main legal act regulating calculation, payment and E-Residency in Estonia: Opportunity to become Estonian E-Resident https://gencs.ee/news/view/1916 Thu, 23 Oct 2014 13:37:54 +0300 https://gencs.ee/news/view/1916 Estonia has taken another gigantic leap in proving that it is an E-State. Starting from 7th of October people from Latvia introduces website blocking to fight grey market: New online gambling regulation https://gencs.ee/news/view/1908 Tue, 21 Oct 2014 11:00:16 +0300 https://gencs.ee/news/view/1908 The Latvian government introducedin August a new regulation enabling Latvia’s lotteries and gamblingregulator to request that domain registry holders and Mergers and acquisitions (M&A) in Lithuania https://gencs.ee/news/view/1902 Mon, 20 Oct 2014 10:50:13 +0300 https://gencs.ee/news/view/1902 Mergers and acquisitions form a part of corporate reorganizations. Reorganization is the process that terminates the legal person without liquidation.  European Union considers VAT issues with internet-based currencies https://gencs.ee/news/view/1896 Thu, 16 Oct 2014 09:29:03 +0300 https://gencs.ee/news/view/1896 The Swedish Supreme Administrative Court have asked from European Court of Justice (C-264/14 Skatteverket v. David Hedqvist) preliminary ruling on Social tax in Estonia https://gencs.ee/news/view/1890 Tue, 14 Oct 2014 16:36:02 +0300 https://gencs.ee/news/view/1890 Estonian legislation defines Social (Security) Tax as financial obligation imposed on taxpayers in order to secure revenue for pension insurance Collective redundancy in Lithuania https://gencs.ee/news/view/1884 Mon, 13 Oct 2014 16:59:09 +0300 https://gencs.ee/news/view/1884 Due to economic conditions sometimes it is required to relieve more than one employee at a time. Although these actions Amendments to Competition Act in Estonia starting from January 1, 2015 https://gencs.ee/news/view/1877 Fri, 10 Oct 2014 13:37:42 +0300 https://gencs.ee/news/view/1877 From the beginning of 2015 Estonian Competition Act and Penal Code are amended. In Estonia misconducts according Competition law have Real Estate Tax in Lithuania https://gencs.ee/news/view/1871 Thu, 09 Oct 2014 16:36:37 +0300 https://gencs.ee/news/view/1871 On the January 1, 2006 a Law on Real Estate Tax has entered into force. The tax ranges from 0,3% Amendments in the Insolvency Law of the Republic of Latvia https://gencs.ee/news/view/1865 Tue, 07 Oct 2014 15:14:15 +0300 https://gencs.ee/news/view/1865 On Thursday, 25 September, 2014 the Saeima of the Republic of Latvia has approved in the last reading amendments in Annual reports in Estonia https://gencs.ee/news/view/1859 Mon, 06 Oct 2014 10:27:00 +0300 https://gencs.ee/news/view/1859 Annual reports The length of a financial year is estimated to twelve months (one calendar year, unless provided otherwise). There are False Advertising in Latvia https://gencs.ee/news/view/1852 Thu, 02 Oct 2014 16:19:21 +0300 https://gencs.ee/news/view/1852 The main sources for false advertising claims are the Advertising Law and the Unfair Commercial Practice Prohibition Law.  The Advertising Free economic zones in Lithuania https://gencs.ee/news/view/1846 Wed, 01 Oct 2014 11:42:05 +0300 https://gencs.ee/news/view/1846 Relocating your business to another country or city is not only an excellent way to expand your company but it Gencs Valters Law Firm in Latvia has been included in the European Legal 500 US Special Edition: We have been https://gencs.ee/news/view/1840 Mon, 29 Sep 2014 10:55:52 +0300 https://gencs.ee/news/view/1840      The hugely successful Legal 500 series of guides reviews the strengths and strategies of law firms in over 90 countries in Value-added Tax (VAT) in Latvia https://gencs.ee/news/view/1834 Wed, 24 Sep 2014 17:41:21 +0300 https://gencs.ee/news/view/1834 According to the law “On Value-Added Tax”, adopted in March 1995, VAT has to be charged on any supply of General rules of employment in Estonia according to Labour Law https://gencs.ee/news/view/1827 Tue, 23 Sep 2014 17:04:06 +0300 https://gencs.ee/news/view/1827 Concluding of the employment contract The core of the Estonian labor relations is regulated by the Estonian Employment Contracts Act. It Accounting and annual financial reporting in Latvia https://gencs.ee/news/view/1821 Mon, 22 Sep 2014 16:44:45 +0300 https://gencs.ee/news/view/1821 Accounting records According to laws, accounting records shall clearly display the transactions and financial results of a company, and it shall Requirements for providing electronic money institution services in Estonia https://gencs.ee/news/view/1815 Fri, 19 Sep 2014 12:34:12 +0300 https://gencs.ee/news/view/1815 E-money institution can be registered as Limited Liability Company or Joint Stock Company. The share capital of e-money institution has Guidelines on distributorship in Lithuania https://gencs.ee/news/view/1809 Wed, 17 Sep 2014 16:51:20 +0300 https://gencs.ee/news/view/1809   As businesses grow internationally and companies are trying to offer their products worldwide, contracts of distribution become a valuable tool. Bankruptcy in Lithuania https://gencs.ee/news/view/1803 Tue, 16 Sep 2014 10:19:39 +0300 https://gencs.ee/news/view/1803 Insolvency of an enterprise means the state of an enterprise when it fails to settle with the creditor/creditors and the Corporate income tax in Estonia https://gencs.ee/news/view/1797 Mon, 15 Sep 2014 17:21:02 +0300 https://gencs.ee/news/view/1797 It is important to bear in mind that in Estonia in contrast to a number of European countries there is Social Insurance Payments (Social Tax) in Latvia https://gencs.ee/news/view/1791 Thu, 11 Sep 2014 12:00:44 +0300 https://gencs.ee/news/view/1791 The law “On State Social Insurance”, originally passed in 1998, sets out the application of mandatory statutory social insurance payments Lithuania: Company share values after introduction of Euro https://gencs.ee/news/view/1785 Wed, 10 Sep 2014 12:07:37 +0300 https://gencs.ee/news/view/1785 Following the European Union decision, Lithuania will become the 19th Member of Eurozone from 1st of January 2015. Official Requirements for providing electronic money institution services in Lithuania https://gencs.ee/news/view/1779 Tue, 09 Sep 2014 13:43:18 +0300 https://gencs.ee/news/view/1779 Electronic money institution in Lithuania shall receive a license according to the provisions of the Law on Electronic Money and Personal income tax in Estonia https://gencs.ee/news/view/1767 Mon, 08 Sep 2014 16:47:46 +0300 https://gencs.ee/news/view/1767 Personal income tax is imposed on the income of a taxpayer from which deductions pursuant to Estonian tax legislations have General rules of employment in Latvia according to Labour Law https://gencs.ee/news/view/1760 Thu, 04 Sep 2014 13:00:21 +0300 https://gencs.ee/news/view/1760 General Rules about Daily and Weekly Working Time According to the Labor Law the working time means a period from the Dispute resolution method gaining popularity in Lithuania: Arbitration https://gencs.ee/news/view/1748 Tue, 02 Sep 2014 15:29:31 +0300 https://gencs.ee/news/view/1748 Arbitration is not a novelty way to resolve disputes, however in recent years it has been gaining momentum in Lithuania. General principles of taxation in Lithuania https://gencs.ee/news/view/1740 Mon, 01 Sep 2014 14:52:45 +0300 https://gencs.ee/news/view/1740 The Law on Tax Administration, originally adopted in 13 April 2004, sets out the general taxation principles in Lithuania. This European Union actions for harmonising taxation in 2014 https://gencs.ee/news/view/1734 Thu, 28 Aug 2014 13:58:47 +0300 https://gencs.ee/news/view/1734 European Union has not been a big player regarding taxation within member states. EU has considered that taxation is something Gencs Valters Law Firm expands professional activity: offices in Estonia and Lithuania become members of ECTA https://gencs.ee/news/view/1728 Fri, 22 Aug 2014 12:43:06 +0300 https://gencs.ee/news/view/1728   Our law firm is a member of ECTA since May 1st, 2004. We were the first ones from Latvia to Major European gambling operators blacklisted in Latvia https://gencs.ee/news/view/1722 Mon, 18 Aug 2014 11:54:18 +0300 https://gencs.ee/news/view/1722 The Latvian gambling regulator has published its first blacklist of 20 gambling domains including PokerStars, bet365 and 888 in an Interview with trainee: Finnish lawyer Tony Koivula. He joined our office in Tallinn to gain insight into Financial and Banking https://gencs.ee/news/view/1716 Tue, 12 Aug 2014 11:59:23 +0300 https://gencs.ee/news/view/1716 Tell us a bit of your background, what do you study currently?   I study in Tallinn Technical University. I will graduate Guidelines on advertising in Lithuania https://gencs.ee/news/view/1710 Tue, 05 Aug 2014 18:02:22 +0300 https://gencs.ee/news/view/1710 Nowadays every single business relies on advertising to inform customers about their products or services. Every company is trying to Upcoming Amendments to the Estonian Value Added Tax Act https://gencs.ee/news/view/1704 Wed, 30 Jul 2014 13:59:23 +0300 https://gencs.ee/news/view/1704 Changes regarding deductible VAT On the 3rd of July the President of the Republic of Estonia declared the amendments to the Amendments in the Commercial law of Latvia: Denomination of the share capital https://gencs.ee/news/view/1698 Thu, 24 Jul 2014 16:52:46 +0300 https://gencs.ee/news/view/1698 According to amendments in the Commercial law of Latvia from July 1, 2014 the company can register any amendments in Changes to the Law on the Legal Status of Aliens of the Republic of Lithuania https://gencs.ee/news/view/1692 Thu, 17 Jul 2014 17:24:55 +0300 https://gencs.ee/news/view/1692 On July 11, 2014 the President of Lithuania signed the changes on the Law on the Legal Status of Aliens. Registration of employment in Estonia https://gencs.ee/news/view/1686 Mon, 14 Jul 2014 10:52:59 +0300 https://gencs.ee/news/view/1686 Estonian Tax and Customs Board took on new government regulation. From 1st of July, Tax and Customs Board created an Amendments regarding multiple-entry national visas in Lithuania https://gencs.ee/news/view/1680 Fri, 27 Jun 2014 17:27:41 +0300 https://gencs.ee/news/view/1680 On May 24, 2014 the Order No. 1V-354/V-76 of the Minister of Internal Affairs and the Minister of Foreign Affairs Our lawyer in Vilnius attended Nordic-Baltic Midsummer celebration organised by Chambers of Commerce https://gencs.ee/news/view/1674 Fri, 27 Jun 2014 17:10:23 +0300 https://gencs.ee/news/view/1674 On June 19, the Nordic and Baltic Embassies together with their Chambers of Commerce celebrated Nordic-Baltic Midsummer in Kairenai Botanical Lithuanian parliament grants more powers to tax collectors https://gencs.ee/news/view/1668 Fri, 20 Jun 2014 10:40:17 +0300 https://gencs.ee/news/view/1668 Lithuanian government has submitted Tax administration law amendment which increase control powers granted to Lithuanian tax authority. After negotiations Parliament Lithuania signs double taxation treaties with countries in target territories list: UAE, Cyprus, Morocco, Kuwait, Turkmenistan https://gencs.ee/news/view/1662 Tue, 17 Jun 2014 15:21:52 +0300 https://gencs.ee/news/view/1662 On  April 2014 Lithuanian president passed decree‘s which enacted 5 Treaty‘s on avoidance of double taxation signed between Republic of Lawyer from our office in Riga attends the 2014 MULTILAW EMEA Regional Conference in Dublin https://gencs.ee/news/view/1656 Fri, 13 Jun 2014 14:31:57 +0300 https://gencs.ee/news/view/1656      Our lawyer Valters Gencs as the only representative from Riga, Latvia attended the 2014 MULTILAW Europe, Middle East & Africa Amendments to the Civil Code of the Republic of Lithuania: More obligations for the trader to inform the customer about https://gencs.ee/news/view/1650 Wed, 11 Jun 2014 11:53:07 +0300 https://gencs.ee/news/view/1650   In order to implement directive 2011/83/EU of the European Parliament and of the Council, the amendments to the Civil Code The Law on Euro adoption in the Republic of Lithuania https://gencs.ee/news/view/1644 Thu, 05 Jun 2014 14:24:55 +0300 https://gencs.ee/news/view/1644 Lithuanian Parliament has recently voted in favour of acceptance of the Law on Euro adoption in the Republic of Lithuania Changes in Estonian Value Added Tax Act https://gencs.ee/news/view/1638 Tue, 03 Jun 2014 12:31:40 +0300 https://gencs.ee/news/view/1638 On 20th of May 2014 the President of the Republic of Estonia Toomas Henrik Ilves proclaimed law (493 UA) for Gencs Valters Law Firm is pleased to announce that we moved to the new office in Tallinn https://gencs.ee/news/view/1632 Fri, 30 May 2014 17:04:13 +0300 https://gencs.ee/news/view/1632    We are glad to announce that the Law Firm Gencs Valters has recently moved to the World Trade Centre 6th floor, Amendments to the Latvian Immigration Law https://gencs.ee/news/view/1626 Mon, 26 May 2014 10:36:41 +0300 https://gencs.ee/news/view/1626 On May 8, 2014 Latvian Saeima passed amendments to the Immigration Law. The law provides that a third-country citizen may Our lawyers attended L'Oréal and UNESCO Award ceremony for Women in Science in Latvia https://gencs.ee/news/view/1620 Thu, 22 May 2014 13:02:30 +0300 https://gencs.ee/news/view/1620 Gencs Valters Law Firm representative Gunda Leite attended our client L'Oréal and UNESCO Award ceremony  for Women in Science that took Interview with trainee: a Belgian lawyer Stephan Moreels, who joined our law firm in Lithuania to learn more about the https://gencs.ee/news/view/1614 Thu, 15 May 2014 11:35:06 +0300 https://gencs.ee/news/view/1614 Q: Stephan, can you tell us more about yourself and your background? I am a Belgian citizen, living in Brussels. I Amendments to the Commercial law of Latvia: Opportunity to pay out dividends several times a year https://gencs.ee/news/view/1608 Tue, 13 May 2014 14:31:41 +0300 https://gencs.ee/news/view/1608 Extraordinary dividends According to amendments in the Commercial law of Latvia as of 01.07.2014 will be possible to pay out dividends Baltic Tax Card 2014: Corporate Income Tax Card in Latvia, Lithuania and Estonia https://gencs.ee/news/view/1602 Tue, 06 May 2014 17:01:44 +0300 https://gencs.ee/news/view/1602   Corporate Income Tax Rates in Baltics Country Stand Corporate income tax in Latvia https://gencs.ee/news/view/1590 Thu, 17 Apr 2014 13:31:07 +0300 https://gencs.ee/news/view/1590 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 Our law firm in Latvia has been recommended as a TOP TIER firm in Tax by the Legal 500 EMEA https://gencs.ee/news/view/1584 Tue, 15 Apr 2014 12:01:28 +0300 https://gencs.ee/news/view/1584   About Legal 500: The hugely successful Legal 500 series of guides reviews the strengths and strategies of law firms in over 90 countries Latest updates on immigration and residency in Latvia https://gencs.ee/news/view/1578 Thu, 10 Apr 2014 12:30:59 +0300 https://gencs.ee/news/view/1578 European Union citizens   EU citizens have the right to stay in Latvia on the basis of a valid travel document for Statute of limitations in Lithuanian Civil and Commercial Law: Last moment to submit a claim against Lithuanian company https://gencs.ee/news/view/1572 Mon, 07 Apr 2014 10:38:54 +0300 https://gencs.ee/news/view/1572 According to the Civil Code of the Republic of Lithuania, the prescription period is a time period established by laws Our lawyer meets representatives from the Spanish Embassy in Latvia and the Economic and Commercial Office of the Spanish Embassy https://gencs.ee/news/view/1566 Thu, 03 Apr 2014 11:47:32 +0300 https://gencs.ee/news/view/1566 Meeting the Spanish representatives from the Spanish Embassy in Latvia as well as the Spanish representatives from the Economic and Non-traditional trademarks in Latvia https://gencs.ee/news/view/1554 Thu, 27 Mar 2014 16:39:13 +0200 https://gencs.ee/news/view/1554 Very basics of trademarks in Latvia When people thinking about trademarks most often they think about word trademarks such as Coca-Cola, Taxation of permanent establishments of non-residents in Estonia https://gencs.ee/news/view/1548 Tue, 25 Mar 2014 13:46:24 +0200 https://gencs.ee/news/view/1548 A resident of one country carrying on business in another other country generally will be subject to that country’s income Guide on How to Buy and Sell Real Estate in Latvia, Lithuania and Estonia https://gencs.ee/news/view/1542 Wed, 19 Mar 2014 09:58:13 +0200 https://gencs.ee/news/view/1542 Multilaw has put together a “Guide on How to Buy and Sell Real Estate” Debt collection in Estonia https://gencs.ee/news/view/1536 Fri, 07 Mar 2014 13:32:15 +0200 https://gencs.ee/news/view/1536 Pre-trial. Proceedings including sending official notifications to the debtor and fulfilling all the necessary formalities before the an eventual trial is Debt recovery in Latvia https://gencs.ee/news/view/1530 Thu, 06 Mar 2014 10:38:20 +0200 https://gencs.ee/news/view/1530 In Latvia the most popular form of covering debt through the court is the Compulsory Execution of Obligations in Accordance Valters Gencs featured in Austrian television ORF TVTHEK Weltjournal story on Immigration in Europe. https://gencs.ee/news/view/1518 Thu, 27 Feb 2014 17:36:43 +0200 https://gencs.ee/news/view/1518       Video is available here Debt collection in Lithuania https://gencs.ee/news/view/1512 Wed, 26 Feb 2014 15:04:43 +0200 https://gencs.ee/news/view/1512 In Lithuania the most popular form of covering debt through the court is the Compulsory Execution of Obligations in Accordance LATVIA: PLAN TO SIGN CONVENTION BETWEEN REPUBLIC OF LATVIA AND REPUBLIC OF CYPRUS. https://gencs.ee/news/view/1506 Mon, 24 Feb 2014 14:39:09 +0200 https://gencs.ee/news/view/1506 On February 6, 2014, in the meeting of Secretaries of the State, was announced the draft law, prepared by the Chambers Europe has ranked our firm as top tax advisers in Latvia in 2013 https://gencs.ee/news/view/1476 Wed, 05 Feb 2014 14:45:41 +0200 https://gencs.ee/news/view/1476   Chambers and Partners has released its global firm rankings for 2012. This is a guide to the world's IFLR1000 recommends Gencs Valters Law Firm in the practice areas 'Banking and Finance'. https://gencs.ee/news/view/1464 Mon, 03 Feb 2014 11:52:28 +0200 https://gencs.ee/news/view/1464 International Financial Law Review - IFLR 1000, the guide to the world`s leading financial law firms, recognized Gencs Debt recover in Baltics: Latvia, Lithuania https://gencs.ee/news/view/1458 Fri, 31 Jan 2014 16:56:52 +0200 https://gencs.ee/news/view/1458 The most popular form of covering debt in Lithuania and Latvia through the court is the Compulsory Execution of Obligations Gencs Valters Law firm otsib Tallinna kontorisse JURISTI https://gencs.ee/news/view/1452 Wed, 29 Jan 2014 12:03:55 +0200 https://gencs.ee/news/view/1452         Gencs Valters Law firm otsib Tallinna kontorisse JURISTI   Töö kirjeldus: Nõuete ja lepingute koostamine, õigusdokumentide ülevaatamine ja analüüs; Õigusliku ja faktilise Contractual penalty regulation in Latvia https://gencs.ee/news/view/1446 Fri, 24 Jan 2014 13:46:37 +0200 https://gencs.ee/news/view/1446 On 1 January 2014, amendments to the Latvian Civil Law came into force significantly affecting all contracts where the parties Lawyer job in Estonia: Our law firm is looking for a lawyer in Tallinn https://gencs.ee/news/view/1440 Wed, 22 Jan 2014 10:27:32 +0200 https://gencs.ee/news/view/1440 Gencs Valters Law Firm is pan-Baltic law firm with established offices in Baltics. In Latvia was established in Immigration and residency in Baltics - Latvia, Lithuania and Estonia https://gencs.ee/news/view/1434 Thu, 16 Jan 2014 16:02:04 +0200 https://gencs.ee/news/view/1434 IMMIGRATION AND RESIDENCY IN LATVIA European Union citizens   EU citizens have the right to stay in Latvia on the basis of a Confidential information and trade secrets in Baltic States https://gencs.ee/news/view/1428 Mon, 13 Jan 2014 10:10:50 +0200 https://gencs.ee/news/view/1428 Trade secrets and confidential information are inseparable from business development in any country. Trade secrets and confidential information is so Lawyer job in Estonia: Our law firm currently is looking for a lawyer in Tallinn https://gencs.ee/news/view/1422 Thu, 09 Jan 2014 13:09:52 +0200 https://gencs.ee/news/view/1422 Gencs Valters Law Firm is pan-Baltic law firm with established offices in Baltics. In Latvia was established in 2000, Re-registration of the Share Capital to Euro in Latvia https://gencs.ee/news/view/1416 Tue, 07 Jan 2014 11:58:57 +0200 https://gencs.ee/news/view/1416 From January 1, 2014 till July 30, 2016 Capital company must re-register its share capital in the Register of Enterprises.   The REAL ESTATE GUIDE: SUMMARY ABOUT PURCHASE OF THE REAL ESTATE IN LATVIA https://gencs.ee/news/view/1398 Fri, 03 Jan 2014 14:15:18 +0200 https://gencs.ee/news/view/1398 In today's Latvia, a foreign national essentially stands in the same position as a Latvian citizen when it comes to Activities of the Estonian Development Fund https://gencs.ee/news/view/1392 Thu, 02 Jan 2014 15:15:19 +0200 https://gencs.ee/news/view/1392 The Estonian development fund – a proposal for a smart specialization committee to improve targeting the investments   The fund has Merry Christmas from Gencs Valters Law Firm https://gencs.ee/news/view/1386 Sat, 28 Dec 2013 22:38:18 +0200 https://gencs.ee/news/view/1386 REAL ESTATE GUIDE: SUMMARY ABOUT PURCHASE OF THE REAL ESTATE IN LITHUANIA https://gencs.ee/news/view/1380 Tue, 17 Dec 2013 15:58:48 +0200 https://gencs.ee/news/view/1380 This guide gives an overview introduction to the key requirements when buying or selling real estate in Lithuania. This paper Estonia: Changes in Estonian Value Added Tax Act https://gencs.ee/news/view/1374 Mon, 16 Dec 2013 14:25:41 +0200 https://gencs.ee/news/view/1374 Estonian Parliament has adopted the Value Added Tax Act and Accounting Act on REAL ESTATE GUIDE: SUMMARY ABOUT PURCHASE OF THE REAL ESTATE IN ESTONIA https://gencs.ee/news/view/1368 Thu, 12 Dec 2013 14:08:30 +0200 https://gencs.ee/news/view/1368   This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview Vai Būvvalde nes atbildību par izsniegtajām atļaujām? https://gencs.ee/news/view/1362 Wed, 04 Dec 2013 17:11:23 +0200 https://gencs.ee/news/view/1362 Tikai cietušo esamība uz brīdi ir veicinājusi publiskas diskusijas par būvniecības procesiem, par būvniecību regulējošo likumu piemērošanu un Personal Income Tax, Lithuania 2014 https://gencs.ee/news/view/1356 Tue, 26 Nov 2013 11:34:25 +0200 https://gencs.ee/news/view/1356 Lithuanian Seimas enacts amendments to Personal income tax (PIT) law.   Among the welcome improvements is lowering of PIT for most common Taxation of subsidiaries in Estonia https://gencs.ee/news/view/1350 Thu, 21 Nov 2013 09:51:00 +0200 https://gencs.ee/news/view/1350 In addition of being a member of WTO, EU, NATO, EMU and OECD, one of the reasons why Estonia has Latvia: Amendments to Labour Law https://gencs.ee/news/view/1344 Fri, 15 Nov 2013 12:08:05 +0200 https://gencs.ee/news/view/1344 Latvia: Amendments to Labour Law   On October 3, 2013 Saeima in the first reading reviewed and accepted amendments to Latvian Labour Estonia: Planned changes to the Estonian Value-Added Tax Act https://gencs.ee/news/view/1338 Wed, 13 Nov 2013 16:24:25 +0200 https://gencs.ee/news/view/1338   The Estonian Ministry of Finance has been initiated draft Value-Added Tax Act.  Planned changes foresee that upon purchase or use President of Latvia has returned the amendments to the Immigration Law to the parliament for a repeated review. https://gencs.ee/news/view/1332 Tue, 12 Nov 2013 16:12:04 +0200 https://gencs.ee/news/view/1332 President of Latvia Andris Berzins on November 9, 2013 has returned the previously approved amendments to the Immigration Law that Estonia: Planned changes to the Estonian Income Tax Act and Value Added Tax Act https://gencs.ee/news/view/1326 Mon, 11 Nov 2013 09:34:34 +0200 https://gencs.ee/news/view/1326   The Estonian Ministry of Finance has initiated draft Income Tax Act and Value-Added Tax Act that will considerably change taxation EU Legislation concerning merges of Public Limited Liability Companies https://gencs.ee/news/view/1320 Wed, 06 Nov 2013 17:22:58 +0200 https://gencs.ee/news/view/1320 Even if national legislation regulates the mergers in the major cases, the EU legislation has its own laws regulating the Amendments to the Immigration Law of the Republic of Latvia https://gencs.ee/news/view/1314 Fri, 01 Nov 2013 14:03:20 +0200 https://gencs.ee/news/view/1314 On October 31, 2013 Latvian Saeima passed amendments to the Immigration Law.   The law provides that a third-country citizen may apply Latvia: Proposal on amendments to the Micro-enterprise Tax Law https://gencs.ee/news/view/1308 Mon, 28 Oct 2013 16:29:45 +0200 https://gencs.ee/news/view/1308 On November 6, 2013 in Saeima in the second reading shall be considered Draft law on Amendments to the Micro-enterprise Latvia: Supreme Court Senate changes case-law regarding reason of limitation of economic activity expenses to be included in calculation of https://gencs.ee/news/view/1302 Fri, 25 Oct 2013 12:42:56 +0300 https://gencs.ee/news/view/1302 Supreme Court Senate, in case Nr.SKA-21/2013, due to LLC “RDN” claim against the State Revenue Service of Republic of Latvia Corporate income tax in Latvia, Lithuania and Estonia comparing to other countries https://gencs.ee/news/view/1296 Fri, 18 Oct 2013 14:59:32 +0300 https://gencs.ee/news/view/1296       CORPORATE INCOME TAX IN LATVIA   Taxpayers Corporate income tax is paid by: domestic Divorce in Estonia https://gencs.ee/news/view/1290 Tue, 15 Oct 2013 15:50:47 +0300 https://gencs.ee/news/view/1290 In Estonia the divorce can be retrieved in three different places: in Vital Statistics Office, in Notary’s office and in Differences and similarities in taxation between Finland and Estonia https://gencs.ee/news/view/1284 Tue, 08 Oct 2013 11:39:26 +0300 https://gencs.ee/news/view/1284 Because of the free movement of labour, goods and services tax information is needed around the European Union. As European Latvia: Supreme Court clarifies definition of permanent establishment https://gencs.ee/news/view/1278 Fri, 04 Oct 2013 15:25:03 +0300 https://gencs.ee/news/view/1278  Supreme Court Senate, in case Nr.SKA-358/2013, due to Swedish company “Snickers Workwear AB” claim against the State Revenue Service of This summer our law firm's Riga office hosted two Czech students and a Lithuanian law student. https://gencs.ee/news/view/1272 Mon, 30 Sep 2013 15:09:15 +0300 https://gencs.ee/news/view/1272 This summer Gencs Valters Law Firm hosted two Czech students from Charles University in Prague and a Lithuanian law student Europe: “genuine use” of trade marks https://gencs.ee/news/view/1266 Fri, 20 Sep 2013 11:44:23 +0300 https://gencs.ee/news/view/1266 Recently European Court of Justice clarified some legislation connected to trademarks.[1]   First as the court has concluded that one of conditions Lithuania: Who has a bigger chance to get reimbursement for AB bank SNORAS investment certificates https://gencs.ee/news/view/1260 Thu, 19 Sep 2013 11:59:21 +0300 https://gencs.ee/news/view/1260 Lithuanian High Court in June, 2013 adjudicated in favor of non-professional investor and set the precedent for many cases since Implementation of the euro in Latvia on 1 January 2014 https://gencs.ee/news/view/1254 Fri, 13 Sep 2013 13:18:05 +0300 https://gencs.ee/news/view/1254 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 Lithuania: update for Snoras creditor’s https://gencs.ee/news/view/1248 Tue, 10 Sep 2013 11:49:54 +0300 https://gencs.ee/news/view/1248 Snoras creditors attempt to raise their chances on retrieving bigger portion of their assets held in Snoras brought bitter results. Lithuania: Lithuanian High Court‘s decision in favor of non-professional investor https://gencs.ee/news/view/1242 Mon, 09 Sep 2013 10:54:06 +0300 https://gencs.ee/news/view/1242 Lithuanian High Court adopted a decision in favor of non-professional investor in 2013 June, which is a precedent for other Lithuania: Information to BAB ŪKIO bank creditors concerning non-acceptance of claims filed not within the time limit https://gencs.ee/news/view/1236 Thu, 05 Sep 2013 17:19:44 +0300 https://gencs.ee/news/view/1236 In 2013 august it was indicated the administrator of BAB Ūkio bankas will not accept the creditors’ claims lodged not Latvia's Offer of Residency Lures Investors https://gencs.ee/news/view/1230 Fri, 30 Aug 2013 16:23:35 +0300 https://gencs.ee/news/view/1230 Four months ahead of its planned euro-zone entry, Latvian lawmakers are debating whether to roll up a special welcome Tax system of Estonia https://gencs.ee/news/view/1224 Thu, 29 Aug 2013 10:58:17 +0300 https://gencs.ee/news/view/1224 Tax system of Estonia consists of national taxes and local taxes. National taxes are income tax, social tax, land tax Europe: Euro-zone shows promising signs https://gencs.ee/news/view/1218 Fri, 02 Aug 2013 16:08:21 +0300 https://gencs.ee/news/view/1218 Euro-zone business activity expanded in July for the first time in 18 months showing recent evidence that the region's economy Latvia: Amendments to PIT Law are announced https://gencs.ee/news/view/1212 Mon, 29 Jul 2013 17:06:53 +0300 https://gencs.ee/news/view/1212   On July 25, 2013 in the meeting of Secretaries of the State were announced amendments to the Personal Income Tax Latvia : Private VAT rulings in relation to cross-border situations https://gencs.ee/news/view/1206 Fri, 26 Jul 2013 14:58:49 +0300 https://gencs.ee/news/view/1206 A number of EU Member States, including Latvia, have agreed within the EU VAT forum to commence a test case Lawyer job in Estonia: Our law firm currently is looking for a lawyer with a potential to manage and develop https://gencs.ee/news/view/1200 Mon, 22 Jul 2013 13:10:45 +0300 https://gencs.ee/news/view/1200 Our law firm in Latvia was established in 2000 in Riga where the firm's main office is located. In 2007 Meeting of Czech interns from Gencs Valters Law Firm with the Czech ambassador in Riga https://gencs.ee/news/view/1194 Wed, 17 Jul 2013 11:25:51 +0300 https://gencs.ee/news/view/1194  Meeting the Czech ambassador in Riga concerning business development of clients in the Valters Gencs Law Firm was a very Lithuania: Court e-services portal in Lithuania https://gencs.ee/news/view/1188 Wed, 10 Jul 2013 12:53:28 +0300 https://gencs.ee/news/view/1188 On 1st of July Lithuania introduced court e-services portal and joined other European countries in development of the online Management on board member personal liability for unpaid tax in Estonia https://gencs.ee/news/view/1182 Tue, 02 Jul 2013 10:07:21 +0300 https://gencs.ee/news/view/1182 A recent ruling of the Supreme Court of Estonia concerns liability of management board members. In order to become Telecommunications Laws and Regulations in Latvia https://gencs.ee/news/view/1176 Fri, 28 Jun 2013 15:17:54 +0300 https://gencs.ee/news/view/1176 1 Framework in Latvia 1.1 When did Latvia first liberalise telecommunications networks and/or services? The liberalisation of Latvia's telecommunications networks services Electronic delivery of documents for tax and customs authorities in Estonia https://gencs.ee/news/view/1170 Fri, 21 Jun 2013 14:54:59 +0300 https://gencs.ee/news/view/1170 Estonian Tax and Customs authorities are entitled to deliver documents electronically to the taxpayers as well as, on their own Company set up in Estonia: Minimum share capital, company forming cost and VAT registration in Estonia https://gencs.ee/news/view/1164 Mon, 17 Jun 2013 17:13:36 +0300 https://gencs.ee/news/view/1164 Minimum share capital The minimum share capital required to establish a limited liability company is EUR 2500 which shall be paid ECOFIN OF MAY 14th ON TAX EVASION AND TAX FRAUD https://gencs.ee/news/view/1158 Fri, 14 Jun 2013 17:30:07 +0300 https://gencs.ee/news/view/1158 On may 14th, the 27 Ministers of Economy of the Member States of the European Union, were gathered in Brussels Declaring income in Lithuania. New requirements for investors. https://gencs.ee/news/view/1152 Fri, 07 Jun 2013 16:41:48 +0300 https://gencs.ee/news/view/1152   Lithuanian law on tax administration introduced a new requirement which is significant to investors doing Business in Lithuania. Article 421 of Ship registration under Latvian flag https://gencs.ee/news/view/1146 Tue, 04 Jun 2013 17:09:58 +0300 https://gencs.ee/news/view/1146 The vessel might be registered under the Latvian flag if the owner of the vessel is the company registered European Patent, Community Trademark and Community Design Registration https://gencs.ee/news/view/1140 Thu, 30 May 2013 17:15:07 +0300 https://gencs.ee/news/view/1140 The Gencs Valters Law Firm provides representation before the European Patent Office (EPO) in Munich (Germany) for Company incorporation in Latvia https://gencs.ee/news/view/1134 Wed, 22 May 2013 14:30:16 +0300 https://gencs.ee/news/view/1134 The most common form of a business presence in Latvia is a limited liability company [SIA].   The minimum share capital required Latest updates in Imigration and Residency in Latvia https://gencs.ee/news/view/1122 Thu, 16 May 2013 10:14:22 +0300 https://gencs.ee/news/view/1122 European Union citizens   EU citizens have the right to stay in Latvia on the basis of a valid travel document for Amendments to the Citizenship Law: Dual citizenship recognition in Latvia https://gencs.ee/news/view/1116 Tue, 14 May 2013 14:16:31 +0300 https://gencs.ee/news/view/1116 On May 9, 2013 the parliament of Latvia the final reading adopted amendments to the Citizenship Law that Our law firm currently is looking for a lawyer with a potential to manage and develop our Lithuanian office. https://gencs.ee/news/view/1110 Fri, 10 May 2013 16:13:02 +0300 https://gencs.ee/news/view/1110 Gencs Valters Law Firm is a pan-Baltic law firm established in 2000 in Latvia (Riga), where the firm's main office Gencs Valters Law Firm supports National Day of Sweden Celebration https://gencs.ee/news/view/1104 Thu, 09 May 2013 11:02:09 +0300 https://gencs.ee/news/view/1104   Gencs Valters Law Firm supports National Day of Sweden Celebration in Latvia   a National Day Concert will take place in Latvian Estonian-Latvian Joint Business Development Support for Increased Competitiveness (DELBI): Estonian and Latvia Laws in Business https://gencs.ee/news/view/1098 Tue, 07 May 2013 16:34:51 +0300 https://gencs.ee/news/view/1098 On May 17 Gencs Valters Law Firm's Estonian Lawyer Andi Liblikman will participate in Estonia - Latvia project DELBI Interview with former trainee: Belarusian lawyer Zlata Smirnova is about to finish the last year of Bachelor studies in International https://gencs.ee/news/view/1092 Fri, 03 May 2013 10:22:07 +0300 https://gencs.ee/news/view/1092 Q: Zlata, can you tell us more about your background? A: I am a Belarusian citizen, currently student of European Humanities German Companies increasingly confident in Baltics https://gencs.ee/news/view/1080 Thu, 25 Apr 2013 18:03:27 +0300 https://gencs.ee/news/view/1080 From the beginning of 2013, German firms have been acting in very optimistic way int the Baltic markets. Positive Baltic Tax Card: Personal Income Tax Card in Latvia, Lithuania and Estonia 2013 https://gencs.ee/news/view/1074 Tue, 23 Apr 2013 11:35:34 +0300 https://gencs.ee/news/view/1074 Personal Income Tax Rates in Baltics Country Social Tax- employee share Social Tax- employer share European Commission & SEB: Baltic economies continue growing https://gencs.ee/news/view/1068 Mon, 22 Apr 2013 13:16:06 +0300 https://gencs.ee/news/view/1068 It has been noted at the international level that Baltic economies are growing. SEB pointed this out at its Eastern Estonian Tax and Customs Board To Target Black Economy https://gencs.ee/news/view/1062 Thu, 18 Apr 2013 10:56:41 +0300 https://gencs.ee/news/view/1062 Estonian Black Economy will be under scrutiny by the decision given by the Tax and Customs Board for period 2013-2016. Interview with former trainee: graduated from Tallinn Law School with Law degree in International, Comparative and European Union Law. https://gencs.ee/news/view/1050 Mon, 08 Apr 2013 11:40:08 +0300 https://gencs.ee/news/view/1050 Q: Lelde Plūksna, can you tell us more about your background? I'm from Latvia myself, but ended up studying my Bachelor's Our law firm in Latvia has been recommended as a TOP TIER FIRM for Shipping and transport, Tax, Corporate ans https://gencs.ee/news/view/1032 Thu, 28 Mar 2013 14:13:19 +0200 https://gencs.ee/news/view/1032 Gencs Valters Law Firm has been recommended as a TOP TIER FIRM in 2 practice areas: LATVIA European Patent, Community Trademark and Design Registration https://gencs.ee/news/view/1020 Thu, 21 Mar 2013 13:20:17 +0200 https://gencs.ee/news/view/1020       We provide representation before the European Patent Office (EPO) in Munich (Germany) for European patent Ministry of Finance calls businessmen to submit proposals for improvement of Value Added Tax Law in Latvia https://gencs.ee/news/view/1008 Fri, 15 Mar 2013 14:18:59 +0200 https://gencs.ee/news/view/1008     In close cooperation with the organizations represented by the entrepreneurs was developed the Value Added Tax Law in Latvia, which Annual General Meeting of the Swedish Chamber of Commerce in Lithuania https://gencs.ee/news/view/990 Fri, 08 Mar 2013 15:36:50 +0200 https://gencs.ee/news/view/990     Our firm‘s Lithuanian attorney at law Ilona Andriušienė participated in the Annual General Meeting of the Swedish Chamber of Commerce Real estate guide: Purchase of the real estate in Estonia; buying and selling real estate in Estonia https://gencs.ee/news/view/978 Wed, 06 Mar 2013 14:36:30 +0200 https://gencs.ee/news/view/978     This guide gives an overview introduction to the key requirements when buying or selling real estate in Estonia. This overview Latvia: National Euro Changeover Plan and Euro Changeover Perspective aproved https://gencs.ee/news/view/966 Wed, 27 Feb 2013 15:58:41 +0200 https://gencs.ee/news/view/966   Latvia became the European Union Member State on May 1, 2004. The Treaty of Accession envisaged that Latvia shall have Tax Planning: Personal Income Tax in Lithuania https://gencs.ee/news/view/960 Mon, 25 Feb 2013 16:02:39 +0200 https://gencs.ee/news/view/960   During the economic crisis a question of costs optimization has become one of the top ones. Consequently, many people started Real estate guide: Purchase of the real estate in Lithuania, buying real estate https://gencs.ee/news/view/948 Wed, 20 Feb 2013 12:49:24 +0200 https://gencs.ee/news/view/948     This guide gives an overview introduction to the key requirements when buying or selling real estate in Lithuania. This paper Purchase of the real estate in Latvia and costs associated with buying the real estate in Latvia. https://gencs.ee/news/view/942 Tue, 19 Feb 2013 14:55:37 +0200 https://gencs.ee/news/view/942     In today's Latvia, a foreign national essentially stands in the same position as a Latvian citizen when it comes to Internship: Our Law Firm kindly welcomes foreign and local interns to join our team. https://gencs.ee/news/view/936 Mon, 18 Feb 2013 17:15:20 +0200 https://gencs.ee/news/view/936     Our Law Firm kindly welcomes foreign interns, especially from ERASMUS to join our team and to bring a variety of The Embassy of Sweden in Latvia expresses its gratitude for the generous support for the different events organized by the https://gencs.ee/news/view/931 Fri, 15 Feb 2013 09:57:16 +0200 https://gencs.ee/news/view/931       The Embassy of Sweden in Latvia expresses its gratitude for the generous support for the differen Valters Gencs was elected as a member of the Board in AIPPI Latvian National group https://gencs.ee/news/view/926 Thu, 14 Feb 2013 16:11:51 +0200 https://gencs.ee/news/view/926     INTERNATIONAL ASSOCIATION FOR THE PROTECTION OF INTELLECTUAL PROPERTY (AIPPI), a politically neutral, non-profit organization, domiciled in Immigration and residency in Baltics 2013 https://gencs.ee/news/view/921 Wed, 13 Feb 2013 14:05:06 +0200 https://gencs.ee/news/view/921     IMMIGRATION AND RESIDENCY IN LATVIA     European Union citizens   EU citizens have the right to stay in Latvia on the basis of a Special Power of Attorney for Trademark and Patent registration in Lithuania https://gencs.ee/news/view/916 Tue, 12 Feb 2013 15:09:47 +0200 https://gencs.ee/news/view/916 Please find special Power of Attorney for Trademark and Patent filings in Lithuania below. More Powers of Attorney, Assignments Labor and Employment Law in Estonia: Multilaw How to Hire and Fire 3rd Edition Chapter for Estonia https://gencs.ee/news/view/906 Thu, 07 Feb 2013 14:56:51 +0200 https://gencs.ee/news/view/906          GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Inspectorate has exclusive jurisdiction for most employment claims, but in Labor and Employment Law in Latvia: Multilaw How to Hire and Fire 3rd Edition Chapter for Latvia https://gencs.ee/news/view/901 Wed, 06 Feb 2013 11:49:30 +0200 https://gencs.ee/news/view/901 GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Dispute Law has been in force since 01.01.2003. Any party to an individual Labor and Employment Law in Lithuania: Multilaw How to Hire and Fire 3rd Edition Chapter for Lithuania https://gencs.ee/news/view/896 Tue, 05 Feb 2013 10:52:31 +0200 https://gencs.ee/news/view/896        GENERAL PRINCIPLES   Forums For Adjudicating Employment Disputes   The Labour Disputes Commission has exclusive jurisdiction for most claims, but in certain Immigration and residency in Estonia 2013 https://gencs.ee/news/view/891 Thu, 31 Jan 2013 16:05:39 +0200 https://gencs.ee/news/view/891   European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid travel Article for Tax Notes International - VAT Law Clears Final Hurdle https://gencs.ee/news/view/886 Tue, 29 Jan 2013 14:57:00 +0200 https://gencs.ee/news/view/886   The Latvian parliament recently adopted, in a final reading, a long-awaited new VAT law to replace the 1995 Law On Change in the income tax rate in Estonia https://gencs.ee/news/view/881 Thu, 17 Jan 2013 16:57:11 +0200 https://gencs.ee/news/view/881     The income tax rate currently applicable in Estonia is 21%. The tax rate is subject to change in 2015 when Change in minimum salary in Estonia https://gencs.ee/news/view/876 Wed, 16 Jan 2013 10:12:33 +0200 https://gencs.ee/news/view/876     On January 10, 2013 Estonian government endorsed the change in minimum salary in Estonia. The minimum salary was increased to New European Patent System: simplification or complication? https://gencs.ee/news/view/871 Tue, 15 Jan 2013 13:05:12 +0200 https://gencs.ee/news/view/871     After several decades of constant debates concerning the development of European Patent System on 11th December 2012 finally European Parliament Personal-income-tax rates in Latvia, Lithuania and Estonia compearing to other countries in 2012. https://gencs.ee/news/view/866 Mon, 14 Jan 2013 10:31:22 +0200 https://gencs.ee/news/view/866     Looking back at year 2012, Latvia, Lithuania and Estonia are ranked between countries with the lowest personal income tax rates.       General Latvia: New VAT Law in force https://gencs.ee/news/view/861 Fri, 11 Jan 2013 11:01:49 +0200 https://gencs.ee/news/view/861   The Parliament of Republic of Latvia (Saeima) on November 29, 2012 in the final reading adopted Value Added Tax Law, Taxation Changes in Estonia since January 1st, 2013 https://gencs.ee/news/view/856 Thu, 10 Jan 2013 14:30:49 +0200 https://gencs.ee/news/view/856   Starting from January 1st 2013 few tax changes came into force.   1. Changes in the Income Tax Act   Starting from 2013 Taxation Changes in Lithuania since January 1st 2013 https://gencs.ee/news/view/851 Mon, 07 Jan 2013 11:49:56 +0200 https://gencs.ee/news/view/851   Starting from January 1st 2013 few tax changes came into force.   What concerns the Lithuanian VAT law, preferential VAT rates Gencs Valters Law Firm wishes you a Merry Christmas and a Happy New Year! https://gencs.ee/news/view/846 Thu, 20 Dec 2012 11:58:43 +0200 https://gencs.ee/news/view/846     The directive on the return of illegal immigrants does not preclude a Member State from punishing an irregular stay with https://gencs.ee/news/view/841 Wed, 19 Dec 2012 10:38:10 +0200 https://gencs.ee/news/view/841     The Court of Justice of the European Union stated on a Press Release, on December 6 of this year. VAT in Lithuania: Foreign person registration as VAT payer in Lithuania https://gencs.ee/news/view/836 Mon, 17 Dec 2012 14:46:21 +0200 https://gencs.ee/news/view/836 Gencs Valters law firm in Lithuania also provides services related to compulsory registration as a Value Added Sovereign Immunity Aspects of Latvian - Lithuanian relationships from a law perspective. https://gencs.ee/news/view/831 Tue, 11 Dec 2012 13:52:02 +0200 https://gencs.ee/news/view/831     Summary: Considering arguments of International Law, Enforcing the judgment in the case Riga International Airport may be considered to violate Folowing traditon, this year our firm sponsored Swedish “Santa Lucia” concert organized by the Swedish Embassy, featuring Swedish Choir Sankta https://gencs.ee/news/view/826 Fri, 07 Dec 2012 12:32:44 +0200 https://gencs.ee/news/view/826     VAT in Estonia, Registration Obligation in Estonia, Obligations after VAT registration in Estonia, Using the 0% VAT rate and Claiming https://gencs.ee/news/view/821 Mon, 03 Dec 2012 11:35:41 +0200 https://gencs.ee/news/view/821   Estonian Value Added Tax Act (Käibemaksuseadus) is in accordance with EU Sixth VAT Directive.   The sales of most of the goods The Fifth Lithuanian Business Improvement Report is released https://gencs.ee/news/view/816 Thu, 29 Nov 2012 13:17:57 +0200 https://gencs.ee/news/view/816     On 7th November 2012 during the meeting of Lithuanian government the Fifth Business Improvement Report was presented, observing the upcoming Our firm recently presented to the Australian-based Multilaw firm, MACPHERSON + KELLEY LAWYERS, sharing views on business and the practice https://gencs.ee/news/view/806 Tue, 27 Nov 2012 13:02:16 +0200 https://gencs.ee/news/view/806     M+K is a commercial law firm with offices in Melbourne, Sydney, Brisbane and Hobart as well offices in Dandenong (South Data controller and Data processing and Legal requirements in Estonia https://gencs.ee/news/view/801 Mon, 26 Nov 2012 17:12:56 +0200 https://gencs.ee/news/view/801     DATA CONTROLLER   Legal requirements   A processor of personal data is a natural or legal person, a branch of a foreign company or VAT in Latvia: Intra-Community acquisitions of goods https://gencs.ee/news/view/786 Thu, 15 Nov 2012 14:00:25 +0200 https://gencs.ee/news/view/786   Definition   From 1 May 2004, when Latvia joined the European Union, the fiscal borders between old Member States and new Member Immigration and residency in Latvia, Lithuania and Estonia 2012 https://gencs.ee/news/view/781 Wed, 14 Nov 2012 10:41:18 +0200 https://gencs.ee/news/view/781 IMMIGRATION AND RESIDENCY IN LATVIA   European Union citizens   EU citizens have the right to stay in Latvia on the basis of a Proposed amendments to the Lithuanian Law on Companies https://gencs.ee/news/view/776 Tue, 13 Nov 2012 10:47:53 +0200 https://gencs.ee/news/view/776   On 7th September 2012 the Ministry of Economy of the Republic of Lithuania submitted a Draft Law on the amendment Tax changes in Estonia 2012 and 2013 https://gencs.ee/news/view/771 Mon, 12 Nov 2012 12:03:50 +0200 https://gencs.ee/news/view/771 Estonian Parliament made several remarkable decisions in June 2011 regarding legal acts in Estonian taxation field that came into force Tax changes in Lithuania in 2012 and 2013 https://gencs.ee/news/view/756 Wed, 07 Nov 2012 10:23:34 +0200 https://gencs.ee/news/view/756   In the year 2012 Lithuanian economy kept growing slowly, but steadily. As Lithuania has not still entered the Euro zone, Latest issue of BCCpaper in Lithuania with Gencs Valters Law Firm's news https://gencs.ee/news/view/741 Fri, 02 Nov 2012 13:33:00 +0200 https://gencs.ee/news/view/741     View latest newspaper of British Chamber of Commerce in Lithuania here Estonia signed a Double Taxation Avoidance Treaty with Uzbekistan https://gencs.ee/news/view/736 Thu, 01 Nov 2012 16:05:09 +0200 https://gencs.ee/news/view/736     Estonian Minister of Foreign Affairs Urmas Paet and Uzbekistan Minister of Foreign Affairs Abdulaziz Kamilov signed a Double Taxation Avoidance Estonia signed a Double Taxation Avoidance Treaty with Thailand https://gencs.ee/news/view/731 Wed, 31 Oct 2012 14:11:06 +0200 https://gencs.ee/news/view/731   Estonian Foreign Minister Urmas Paet had an official meeting in New York with Thai Minister of Foreign Affairs Surapong Tovichakchaikul Estonia signed a Double Taxation Avoidance Treaty with Mexico https://gencs.ee/news/view/726 Tue, 30 Oct 2012 10:35:48 +0200 https://gencs.ee/news/view/726   Estonian Minister of Foreign Affairs Urmas Paet and Mexican Minister of Finance José Antonio Meade Kuribregana signed a Double Taxation Estonia signed a Double Taxation Avoidance Treaty with Cyprus https://gencs.ee/news/view/721 Mon, 29 Oct 2012 14:16:05 +0200 https://gencs.ee/news/view/721     Estonian Minister of Foreign Affairs Urmas Paet and Cyprian Minister of Foreign Affairs Erato Kozakou-Marcoullis signed a Double Taxation Avoidance Implementation of Estonian Debt Protection Act needs better explanation https://gencs.ee/news/view/716 Fri, 26 Oct 2012 15:54:48 +0300 https://gencs.ee/news/view/716     Estonian Debt Restructuring and Debt Protection Act came info forceon  April 5, 2011. The purpose of the Act is to VAT in Latvia: Supplies of services https://gencs.ee/news/view/711 Thu, 25 Oct 2012 15:35:11 +0300 https://gencs.ee/news/view/711   Definition of services   According to Section 1 of the VAT Act, a supply of services means a transaction which is not A new draft to change the Estonian VAT Act were taken into the proceedings https://gencs.ee/news/view/706 Wed, 24 Oct 2012 13:48:17 +0300 https://gencs.ee/news/view/706   Starting from 1st of Januari 2009, the VAT in Estonia for funeral services have been 18%  risen from the previous VAT in Latvia: Transfer of goods between Member States https://gencs.ee/news/view/696 Fri, 19 Oct 2012 14:31:33 +0300 https://gencs.ee/news/view/696   When goods are transferred from a business in Latvia to another Member State, to be used in the other Member On October 16, 2012 were announced winners of Swedish Business Awards 2012 for Latvia https://gencs.ee/news/view/691 Thu, 18 Oct 2012 17:15:59 +0300 https://gencs.ee/news/view/691   On October 16, 2012 were announced winners of Swedish Business Awards 2012 for Latvia. Nomination Committee consisting of representatives from A new proposed draft shall expedite the Administration of Justice in Estonia https://gencs.ee/news/view/681 Wed, 17 Oct 2012 14:18:17 +0300 https://gencs.ee/news/view/681 Estonian Minister of Justice presented a new draft to the Parlaiment’s Consitutional Committee last week. The new draft shall create Proposed Changes on the Lithuanian Law on the Banks: to Legitimate Equal Protection of All Bank Creditors https://gencs.ee/news/view/676 Tue, 16 Oct 2012 14:53:16 +0300 https://gencs.ee/news/view/676 As a result of the bank Snoras bankruptcy case some changes of the Law on the Banks have been Lithuania Tax - Qatar Double Taxation Avoidance Treaty: Draft Provisions https://gencs.ee/news/view/671 Mon, 15 Oct 2012 13:46:23 +0300 https://gencs.ee/news/view/671   The Lithuanian Finance Ministry proposed to commence negotiations for the avoidance of double taxation and prevention of fiscal evasion treaty Italy proposes decrease of income tax from 2013 https://gencs.ee/news/view/666 Fri, 12 Oct 2012 10:25:27 +0300 https://gencs.ee/news/view/666   Government of Italy has proposed to decrease from 2013 the income tax rate for those earning up to €15,000 euros Tax on transactions in Europe https://gencs.ee/news/view/661 Thu, 11 Oct 2012 17:02:58 +0300 https://gencs.ee/news/view/661 The European Commission, first proposed the tax for all 27 EU states a year ago. Under the commission's Between Latvia and Turkmenistan is signed the Convention for the Avoidance of Double Taxation and Prevention of Fiscal Evasion https://gencs.ee/news/view/651 Tue, 09 Oct 2012 11:44:41 +0300 https://gencs.ee/news/view/651   During the official visit of President of the Republic of Turkmenistan to the Republic of Latvia, on September 11, 2012 Republic of Latvia: amendments to the Law on Personal Income Tax reviewed https://gencs.ee/news/view/646 Mon, 08 Oct 2012 10:46:33 +0300 https://gencs.ee/news/view/646   On September 18, 2012 the Cabinet of Ministers of Republic of Latvia revised the amendments to the Law on Personal Latvian Attorney at Law Valters Gencs will attend 22nd Annual Multilaw Conference in Australia, Melbourne https://gencs.ee/news/view/641 Fri, 05 Oct 2012 15:09:55 +0300 https://gencs.ee/news/view/641 18 - 21 Oct 2012 This year's conference will be in two cities with the Thursday and Friday programme taking VAT in Latvia: https://gencs.ee/news/view/636 Thu, 04 Oct 2012 17:03:07 +0300 https://gencs.ee/news/view/636 VAT in Latvia: VAT in Latvia: Incidental transactions, Intra-Community acquisition of new means of transport and group taxation. https://gencs.ee/news/view/631 Wed, 03 Oct 2012 17:07:56 +0300 https://gencs.ee/news/view/631 Incidental transactions In order to be a taxable person, the person must supply goods or services in the course or furtherance List of bilateral treaties between USA and Latvia https://gencs.ee/news/view/616 Tue, 02 Oct 2012 10:10:22 +0300 https://gencs.ee/news/view/616     (treaties relevant for business relations are bold) Investment Incentive Agreement between the Government of the Republic of Latvia and the Government VAT in Latvia and Public bodies https://gencs.ee/news/view/611 Mon, 01 Oct 2012 13:36:06 +0300 https://gencs.ee/news/view/611 Public bodies Public bodies such as the state, provinces and municipalities are not considered to be taxable persons in respect of Administrative organization, Taxable persons, Non-profit organizations and Trustees, liquidators, receivers and examiners in Latvia https://gencs.ee/news/view/606 Fri, 28 Sep 2012 17:26:31 +0300 https://gencs.ee/news/view/606 Administrative organization The management of VAT is placed in the State Revenue Service (Valsts ieņēmumu dienests), which is also responsible for Value Added Tax in Latvia - VAT general information https://gencs.ee/news/view/596 Thu, 27 Sep 2012 11:29:49 +0300 https://gencs.ee/news/view/596   Pievienotās vērtības nodoklis (PVN) – Latvians refer to PVN as VAT VAT is a turnover tax levied at each stage of Social security treaty between Estonia - Moldova https://gencs.ee/news/view/586 Tue, 25 Sep 2012 10:04:18 +0300 https://gencs.ee/news/view/586   Social security treaty between Estonia- Moldova entered into force on 1st of August, 2012. The three most important principles of Pan-Baltic Gencs Valters Law Firm held seminar "How to do Business in the United States of America" https://gencs.ee/news/view/581 Mon, 24 Sep 2012 10:30:00 +0300 https://gencs.ee/news/view/581   Pan-Baltic Gencs Valters Law Firm, with offices in Latvia, Lithuania and Estonia, held together with their partners from USA seminar The Chacellor of Justice's proposal about changing the requirements of acquiring Estonian citizenship https://gencs.ee/news/view/576 Fri, 21 Sep 2012 11:33:56 +0300 https://gencs.ee/news/view/576   On 13.09.2012 The Chancellor of Justice Indrek Teder proposed a change in the requirements of acquiring Estonian citizenship in front seminar in Riga "How to do business in the United States of America?" September 19, 2012 https://gencs.ee/news/view/566 Mon, 17 Sep 2012 12:07:41 +0300 https://gencs.ee/news/view/566 Apostille Agreement comes into force between Estonia and Finland https://gencs.ee/news/view/561 Thu, 30 Aug 2012 09:40:03 +0300 https://gencs.ee/news/view/561     On the1st of July 2012 Apostille Agreement came into force between Estonia and Finland. This makes it easier for NEW SIMPLIFIED FORM TO ESTABLISH A LIMITED LIABILITY COMPANY IN LITHUANIA https://gencs.ee/news/view/556 Tue, 21 Aug 2012 10:00:36 +0300 https://gencs.ee/news/view/556     In summer 2012 the Lithuanian Parliament (Seimas) has adopted a new Law on Small Communities which will allow seminar in Riga "How to do business in the United States?" September 19, 2012 https://gencs.ee/news/view/551 Fri, 10 Aug 2012 17:12:49 +0300 https://gencs.ee/news/view/551 Seminar  how to do business in USA article "Transfer Pricing Documentation Rules Introduced," which appears in the August 6, 2012 edition of Tax Notes International. https://gencs.ee/news/view/546 Fri, 10 Aug 2012 13:11:01 +0300 https://gencs.ee/news/view/546 read article here We are pleased to announce our firm as awinner in DealMakers Annual Tax Awards 2012 https://gencs.ee/news/view/541 Thu, 02 Aug 2012 17:13:02 +0300 https://gencs.ee/news/view/541   Gencs Valters Law Firm have been Latvia: Amendments on the Law “On Taxes and Fees” establishes that Taxpayer has an obligation to provide information on transactions https://gencs.ee/news/view/536 Wed, 01 Aug 2012 14:29:54 +0300 https://gencs.ee/news/view/536 Already for several years Tax administration and Tax payers in Latvia pay more attention on the matter of transactions between Registered community designs (RCD) registered by Gencs Valters Law Firm: tricycle "Spārīte" https://gencs.ee/news/view/531 Wed, 01 Aug 2012 13:45:28 +0300 https://gencs.ee/news/view/531 On June 2012 has been registered RCD for one of the most popular in Soviet years in Soviet Lithuanian Corporate Income Tax Changes since September 1st, 2012 https://gencs.ee/news/view/526 Mon, 23 Jul 2012 15:56:44 +0300 https://gencs.ee/news/view/526   Lithuanian Parliament (Seimas) on June 29th, 2012 adopted few changes of the Law on Corporate Income Tax. These Amendments of the Law on Corporate Income Tax connected with stocks and dividends. https://gencs.ee/news/view/521 Fri, 13 Jul 2012 12:11:42 +0300 https://gencs.ee/news/view/521   With taxation period, which starts from year 2013, taxable tax will not increase the tax period losses from the sale Change of taxation regarding common investment funds in Estonia https://gencs.ee/news/view/516 Thu, 12 Jul 2012 16:08:17 +0300 https://gencs.ee/news/view/516       Ministry of Finance has sent a new draft of changing the Income Tax Act for approval in other ministries. Iedzīvotāju ienākuma nodokļa piemērošana darījumos ar nekustamo īpašumu. https://gencs.ee/news/view/511 Mon, 09 Jul 2012 14:56:29 +0300 https://gencs.ee/news/view/511   Likums „Par iedzīvotāju ienākuma nodokli" nosaka, ka ar nodokli ir apliekami tādi darījumi ar nekustamajiem īpašumiem, kuros tiek pārdoti īpašumi, Swedish Chamber of Commerce Traditional Crayfish Party https://gencs.ee/news/view/506 Thu, 05 Jul 2012 14:13:56 +0300 https://gencs.ee/news/view/506 The Swedish Chamber of Commerce in Latvia cordially invites the Chamber's member companies, colleagues, partners and friends, to take Personal income tax rate decreased in 2013 – 2015. https://gencs.ee/news/view/501 Thu, 05 Jul 2012 11:52:51 +0300 https://gencs.ee/news/view/501   Law "On Personal Income Tax" states that the rate of tax to be paid from the annual taxable income is Changes to immigration and granting residence permits in Estonia https://gencs.ee/news/view/496 Wed, 04 Jul 2012 09:36:24 +0300 https://gencs.ee/news/view/496   1. Previously when a person was applying for a residence permit as a member of a board, the permission from Claim to Refund Money Paid for Invalid Shares Emission of Bank “Snoras” Withdrawn https://gencs.ee/news/view/491 Mon, 02 Jul 2012 16:16:08 +0300 https://gencs.ee/news/view/491   Vilnius Regional Court by the 28th June judgment withdrew a claim of bank’s “Snoras” new shares emission buyers, Izmaiņas likumā par uzņēmumu ienākuma nodokli attiecībā uz akciju atsavināšanu un dividendēm. https://gencs.ee/news/view/486 Mon, 11 Jun 2012 10:24:54 +0300 https://gencs.ee/news/view/486   Sākoties ar 2013. gadu ir paredzams ievērojamas izmaiņas uzņēmuma ienākumu nodokļa (UIN) jomā, kas skar akcijas un nodokļus, kas ir Chambers Europe has ranked our firm as top tax advisers in Latvia in 2012 https://gencs.ee/news/view/481 Wed, 06 Jun 2012 10:33:14 +0300 https://gencs.ee/news/view/481   Chambers and Partners has released its global firm rankings for 2012. This is a guide to the world's leading Bristish Chamber of Commerce in Lithuania publishes our firms news in BCC paper https://gencs.ee/news/view/476 Tue, 08 May 2012 15:01:52 +0300 https://gencs.ee/news/view/476     Latvian-Norway tax convention will be amended https://gencs.ee/news/view/471 Tue, 24 Apr 2012 15:15:06 +0300 https://gencs.ee/news/view/471   The draft law of Protocol, amending Convention between the Kingdom of Norway and the Republic of Latvia for the avoidance Insolvency Law in Latvia- “IKI” insolvency case in Latvia resolved https://gencs.ee/news/view/466 Mon, 23 Apr 2012 15:24:11 +0300 https://gencs.ee/news/view/466     The Private person S.G. applied to Riga city Kurzeme district Court with the Insolvency application against shop "IKI" and "Cento" Tax rates in Latvia, Lithuania and Estonia 2012 https://gencs.ee/news/view/456 Thu, 05 Apr 2012 12:02:22 +0300 https://gencs.ee/news/view/456     Baltic country   Latvia  Our law firm in Estonia participated in Study concerning the application of Directive 2003/8/CE of the Council of 27th January, https://gencs.ee/news/view/441 Tue, 03 Apr 2012 14:18:54 +0300 https://gencs.ee/news/view/441 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 Immigration and residency in Latvia, Lithuania and Estonia 2012 https://gencs.ee/news/view/436 Fri, 23 Mar 2012 13:27:58 +0200 https://gencs.ee/news/view/436   Baltic country  Latvia Lithuania  Estonia Valters Gencs was featured in the Tax in Latvia field by BestLawyers.com https://gencs.ee/news/view/434 Thu, 15 Mar 2012 11:54:44 +0200 https://gencs.ee/news/view/434   We are glad to announce that in the second edition of Latvia's Best Lawyers®, which is available VAT changes in Lithuania in 2012 https://gencs.ee/news/view/432 Thu, 15 Mar 2012 11:49:06 +0200 https://gencs.ee/news/view/432   Since 2012 the company has the obligation to register as a VAT payer in Lithuania if its turnover per year Lithuanian real property tax https://gencs.ee/news/view/430 Tue, 13 Mar 2012 16:47:39 +0200 https://gencs.ee/news/view/430   Seeking additional progressiveness of the taxation system and making richer inhabitants contribute the sponsorship of the public expenses; from the Lithuanian corporate income tax rate 5% specified https://gencs.ee/news/view/428 Fri, 09 Mar 2012 10:58:39 +0200 https://gencs.ee/news/view/428   Together with the Law on the Budget for the year 2012 there were some tax changes made Company registration in Latvia, Lithuania and Estonia 2012 https://gencs.ee/news/view/426 Thu, 08 Mar 2012 13:42:57 +0200 https://gencs.ee/news/view/426       Baltic country  Latvia  Lithuania From February 1, 2012 our office is moved to new premises to the “Hanner” building in Vilnius https://gencs.ee/news/view/422 Fri, 20 Jan 2012 15:04:21 +0200 https://gencs.ee/news/view/422 Gencs Valters Law Firm / Advokatų kontora Gencs Valters Europa center, 10th floor Konstitucijos av. 7, LT-09308 Vilnius Lithuania Bankruptcy proceedings in Lithuania SNORAS bank https://gencs.ee/news/view/420 Fri, 06 Jan 2012 15:12:34 +0200 https://gencs.ee/news/view/420   On 7 December 2011, the Vilnius Regional Court issued a decision to open bankrupcy proceedings of AB bank SNORAS (Akcine Latvia: The declaration of financial status of natural persons. https://gencs.ee/news/view/418 Thu, 05 Jan 2012 17:02:34 +0200 https://gencs.ee/news/view/418 On December 15, 2011 entered into force the Law on Natural person financial status and undeclared income declaration.   Although financial status Shareholders will have a right to get the dividents paid more than once a year in Lithuania https://gencs.ee/news/view/416 Wed, 04 Jan 2012 10:33:37 +0200 https://gencs.ee/news/view/416 Starting from March 1, 2012 a change of the Law of the Joint Stock Companies will come into force. VAT changes in relation to construction companies in Latvia https://gencs.ee/news/view/414 Wed, 28 Dec 2011 16:41:21 +0200 https://gencs.ee/news/view/414 Reverse VAT charge is introduced in Latvia by the law effective January 1, 2012. According to VAT reverse Sales tax shall be abolished in Tallinn, Estonia https://gencs.ee/news/view/412 Wed, 28 Dec 2011 12:19:33 +0200 https://gencs.ee/news/view/412 The Parliament of Estonia has decided to abolish the sales tax in Tallinn beginning from January 1, 2012. Sales Professional education and training costs will be exempted from tax in Estonia https://gencs.ee/news/view/410 Wed, 28 Dec 2011 12:16:35 +0200 https://gencs.ee/news/view/410 The Parliament of Estonia has decided to exclude professional education and training costs from the taxable fringe benefits We are pleased to inform that our law firm is featured in 2012 Tax Directors Handbook - "The essential https://gencs.ee/news/view/408 Thu, 22 Dec 2011 10:06:34 +0200 https://gencs.ee/news/view/408   „Valters Gencs at Gencs Valters Law Firm is a full-time tax consultant and well-known adviser, not just in Latvia but Information about regaining the deposits from AB Bankas Snoras https://gencs.ee/news/view/406 Wed, 21 Dec 2011 16:04:03 +0200 https://gencs.ee/news/view/406 This information is prepared for the creditors and depositors of AB bankas SNORAS. To get back the sum of money World Finance 2011 Legal Award ''Best Tax Consultant '' for Estonia is given to our law firm’s tax attorney Valters https://gencs.ee/news/view/402 Mon, 12 Dec 2011 10:54:37 +0200 https://gencs.ee/news/view/402   World Finance is a leading financial magazine, produced every two months by World News Media from its Headquarters in London. The Do not miss deadline of December 15, 2011 to apply for 9% corporate income tax rate in Latvia for 2012 https://gencs.ee/news/view/400 Fri, 09 Dec 2011 16:43:01 +0200 https://gencs.ee/news/view/400     On December 8, 2011 the Parliament has approved on the first reading amendments to the Micro enterprise tax World Finance 2011 Legal Award ''Best Tax Consultant'' for Latvia is given to our law firm’s Latvian tax attorney Sanita https://gencs.ee/news/view/398 Thu, 08 Dec 2011 16:27:49 +0200 https://gencs.ee/news/view/398   World Finance is a leading financial magazine, produced every two months by World News Media from its Headquarters in London.   More We are pleased to inform that World Finance 2011 Legal Award ''Best Intellectual Property Firm'' for Latvia and Estonia is https://gencs.ee/news/view/396 Thu, 08 Dec 2011 16:11:36 +0200 https://gencs.ee/news/view/396 The Bank of Lithuania revoked the licence of AB bankas Snoras and will apply to court regarding bankruptcy https://gencs.ee/news/view/394 Mon, 28 Nov 2011 09:32:48 +0200 https://gencs.ee/news/view/394 Lithuania's central bank said in a statement Thursday it had decided to declare Bankas Snoras insolvent and would ask the Financial and Capital Market Commission of Latvia conducts an investigation on missing assets of Latvijas Krājbanka https://gencs.ee/news/view/392 Fri, 25 Nov 2011 18:00:03 +0200 https://gencs.ee/news/view/392 Financial and Capital Market Commission of Latvia  has suspended all operations of Latvijas Krajbanka due to missing assets discovered during Media, Advertisement and Entertainment Law in Estonia. Chapters from MULTILAW book on Media, Advertising, and Entertainment Law Throughout the World. https://gencs.ee/news/view/390 Thu, 24 Nov 2011 15:29:34 +0200 https://gencs.ee/news/view/390 Chapter 11A Estonia Valters Gencs World Finance 2011 Legal Award „Best Tax Firm” for Latvia, Lithuania and Estonia is given to our law firm https://gencs.ee/news/view/388 Wed, 23 Nov 2011 15:37:40 +0200 https://gencs.ee/news/view/388   We are pleased to inform that World Finance 2011 Legal Award „Best Tax Firm” for Latvia, Lithuania and Tax in Latvia - 2011 key changes https://gencs.ee/news/view/386 Mon, 21 Nov 2011 14:25:24 +0200 https://gencs.ee/news/view/386   As in the year 2010, also in year 2011 in Republic of Latvia tax rates changed and it affected every Most important tax changes in Lithuania 2011-2012 https://gencs.ee/news/view/384 Mon, 14 Nov 2011 10:06:11 +0200 https://gencs.ee/news/view/384 November, 2011   During the year of 2010 Lithuania as well as other Baltic states faced a heavy challenge to combat the Baltic law firm unveils new web logo https://gencs.ee/news/view/382 Wed, 09 Nov 2011 15:38:40 +0200 https://gencs.ee/news/view/382   Our firm after 11 years has decided to introduce a new web logo, underlining presence of our law firm in Trademark dispute settlement practice in Latvia. Well-known trademarks in Latvia. https://gencs.ee/news/view/380 Mon, 07 Nov 2011 10:11:26 +0200 https://gencs.ee/news/view/380    Protection of trademarks in Latvia is governed by the Law „On Trademarks and Indications of Geographical Origin”, dated June 16, Latvia signing the agreement protocol with China for the preventation of double taxation https://gencs.ee/news/view/378 Fri, 04 Nov 2011 11:03:14 +0200 https://gencs.ee/news/view/378 The Protocol was signed on August 24, 2011 and it is amending the Agreement of June 7, 1996 for the Tax developments in Estonia 2011 https://gencs.ee/news/view/376 Thu, 03 Nov 2011 11:21:58 +0200 https://gencs.ee/news/view/376 On January 1, 2011 Estonia adopted euro as currency instead of kroon, but it did not bring any significant changes Riga Now has included our firm among TOP LAW FIRMS IN LATVIA https://gencs.ee/news/view/374 Fri, 28 Oct 2011 14:52:35 +0300 https://gencs.ee/news/view/374 Our firm is featured in magazine’s Riga Now list of TOP LAW FIRMS IN LATVIA, more info at Riga Now In 2012 Lithuania is increasing VAT for hotel business https://gencs.ee/news/view/372 Wed, 19 Oct 2011 11:44:18 +0300 https://gencs.ee/news/view/372 October, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse DRI Barcelona Conference on November 17/18, 2011 https://gencs.ee/news/view/370 Fri, 07 Oct 2011 14:59:03 +0300 https://gencs.ee/news/view/370   DRI Barcelona Conference which is scheduled for 17/18 November 2011. Enclose a copy of the programme plus a link to Annual review Lithuania 2010/2011 https://gencs.ee/news/view/368 Thu, 06 Oct 2011 12:48:57 +0300 https://gencs.ee/news/view/368 Annual review Lithuania 2010/2011 Swedish business awards in Lithuania October 12, 2011 https://gencs.ee/news/view/366 Thu, 06 Oct 2011 10:24:30 +0300 https://gencs.ee/news/view/366 Swedish Business Awards in Lithuania  will be on 12th  October, 2011. Dovile Alekniene, Managing lawyer of our law Lithuania law news: is there a ceiling for bonus payments in Lithuania? https://gencs.ee/news/view/364 Wed, 05 Oct 2011 10:00:05 +0300 https://gencs.ee/news/view/364 September, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse New Estonian language law brings additional obligations for entrepreneurs in Estonia https://gencs.ee/news/view/362 Wed, 28 Sep 2011 09:44:07 +0300 https://gencs.ee/news/view/362 September, 2011 New Estonian Language Act that was enforced on July 1, 2011 sets additional requirements for entrepreneurs in Estonia and Estonia signing agreement with India for the prevention of double taxation https://gencs.ee/news/view/360 Thu, 22 Sep 2011 17:01:56 +0300 https://gencs.ee/news/view/360   On September 19, 2011 the Government of the Republic of Estonia and Government of the Republic of India signed an Board member bonus taxation in Lithuania https://gencs.ee/news/view/358 Thu, 22 Sep 2011 11:06:13 +0300 https://gencs.ee/news/view/358 September, 2011   During the year 2011 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse Data Protection in Estonia https://gencs.ee/news/view/356 Fri, 16 Sep 2011 17:06:47 +0300 https://gencs.ee/news/view/356 ESTONIA   TOPIC – ACCESS 1. Legal requirement   Access to information is guaranteed by the Constitution of the Republic of Estonia. Article 44  which Latvia signing the agreement protocol with China for the prevention of double taxation. https://gencs.ee/news/view/354 Fri, 16 Sep 2011 12:07:10 +0300 https://gencs.ee/news/view/354                        On August 24, 2011 the Minister of Finance of the Republic of Latvia and Commissioner of China State Tax company registration and imigration card Latvia, Estonia, Lithuania https://gencs.ee/news/view/352 Mon, 12 Sep 2011 13:18:32 +0300 https://gencs.ee/news/view/352   Latvia Lithuania Estonia S Taxation of royalties in Lithuania https://gencs.ee/news/view/350 Mon, 05 Sep 2011 14:09:19 +0300 https://gencs.ee/news/view/350 As of the end of July, 2011 Lithuanian tax inspection applies new practice – royalties paid out to the company The Constitutional Court of the Republic of Latvia rules on limited rights to cover prior period losses https://gencs.ee/news/view/348 Tue, 23 Aug 2011 10:01:16 +0300 https://gencs.ee/news/view/348 The Constitutional Court of the Republic of Latvia rules on limited rights to cover prior period losses.   On behalf of the Transfer Pricing in Estonia https://gencs.ee/news/view/346 Thu, 07 Jul 2011 15:19:04 +0300 https://gencs.ee/news/view/346   Transfer pricing in Estonia Where goods, intangibles or services are transferred across the borders within multinational enterprises, transfer pricing becomes an Is it possible to “Rent an Employee” in Lithuania? https://gencs.ee/news/view/344 Mon, 20 Jun 2011 12:14:33 +0300 https://gencs.ee/news/view/344 Various agencies offering “rent of employees” have been present in Lithuania for a number of years. The status of those Data Protection in Lithuania https://gencs.ee/news/view/342 Mon, 20 Jun 2011 10:16:07 +0300 https://gencs.ee/news/view/342 LITHUANIA    TOPIC – ACCESS 1.1.Legal requirements   Article 22 of the Constitution indicates that the private life of a human being shall be inviolable. Labor law in Lithuania: how to hire and fire employees in Lithuania: Chapters from Multilaw book „How to Hire and https://gencs.ee/news/view/340 Tue, 14 Jun 2011 11:07:50 +0300 https://gencs.ee/news/view/340   LITHUANIA  Valters Gencs Gencs Valters Law Firm   1. GENERAL PRINCIPLES Labor law in Estonia: how to hire and fire employees in Estonia: Chapters from Multilaw book „How to Hire and https://gencs.ee/news/view/338 Tue, 14 Jun 2011 10:45:59 +0300 https://gencs.ee/news/view/338 ESTONIA Valters Gencs Gencs Valters Law Firm     1. GENERAL PRINCIPLES  Forums For Adjudicating Employment Disputes Labor law in Latvia: how to hire and fire employees in Latvia: Chapters from Multilaw book „How to Hire and https://gencs.ee/news/view/336 Tue, 14 Jun 2011 10:08:33 +0300 https://gencs.ee/news/view/336   LATVIA  Valters Gencs Gencs Valters Law Firm         1. GENERAL PRINCIPLES   Expatriate Salary Taxation in Lithuania https://gencs.ee/news/view/334 Thu, 09 Jun 2011 12:56:23 +0300 https://gencs.ee/news/view/334 One of the goals of State Inspection in Lithuania recently was to implement the new legal framework for the taxation Our law firm in Latvia, Lithuania and Estonia (the Baltic's) has been acknowledged and voted as a winner in the https://gencs.ee/news/view/332 Fri, 03 Jun 2011 13:11:17 +0300 https://gencs.ee/news/view/332   http://view.vcab.com/?vcabid=glrSejahrScpnglh&count=25/03/2011%2013:21:54-2 Latvia: Opportunity to receive tax holidays of the Corporate Income Tax https://gencs.ee/news/view/330 Fri, 27 May 2011 14:23:30 +0300 https://gencs.ee/news/view/330     From the beginning of the year 2011 are renewed tax holidays of the Corporate Income Tax for the large investment Our law firm in Latvia, Lithuania and Estonia (the Baltic's) have been nominated as Highly Commended-Top Tier Firms -2011 by https://gencs.ee/news/view/328 Wed, 25 May 2011 14:02:11 +0300 https://gencs.ee/news/view/328   Gencs Valters Law firm - Top Tier Law Office in the Baltic's We are proud to announce that our law offices Immigration and Residency in Estonia https://gencs.ee/news/view/326 Fri, 13 May 2011 15:16:06 +0300 https://gencs.ee/news/view/326 General Information 2011 Immigration and Residency European Union citizens EU citizens have the right to stay in Estonia on the basis of a valid Tax Amnesty in Latvia https://gencs.ee/news/view/324 Mon, 09 May 2011 10:20:37 +0300 https://gencs.ee/news/view/324 Latvia: The Income Legalization of the individuals In the meeting of Secretaries of State the Ministry of Finance of the Republic Lithuanian tax news: progressive tax system in Lithuania https://gencs.ee/news/view/322 Wed, 20 Apr 2011 17:12:22 +0300 https://gencs.ee/news/view/322     During the year 2009 Lithuania as well as other Baltic states faced a heavy challenge to combat the adverse financial Personal income tax in Estonia: tax planning in Estonia 2011 https://gencs.ee/news/view/320 Wed, 20 Apr 2011 16:53:33 +0300 https://gencs.ee/news/view/320   Gencs Valters Law Firm held an expatriate tax planning seminar in Tallinn   The annual Tax Planning seminar was held together with Personal income tax in Lithuania: tax planning in Lithuania 2011 https://gencs.ee/news/view/318 Wed, 20 Apr 2011 16:28:59 +0300 https://gencs.ee/news/view/318   Tuesday, 19 April 2011   18 April 2011 was a marked day in the calendars of representatives and members of all the We are delighted to inform you that our law firm is recommended in the fully revised and updated 2011 edition https://gencs.ee/news/view/316 Mon, 11 Apr 2011 14:30:08 +0300 https://gencs.ee/news/view/316   The editorial is now available online at http://www.legal500.com/books/lfe The firm has been recommended in the following practice Value added tax in Latvia- ECJ case Alstom Power Hydro v. Latvias State Renevue Service. https://gencs.ee/news/view/314 Wed, 06 Apr 2011 16:02:01 +0300 https://gencs.ee/news/view/314 Value added tax in Latvia- ECJ case Alstom Power Hydro v. Latvias State Renevue Service. VAT refunds Latvia- for nonrezidents- Tax office coments and review. https://gencs.ee/news/view/312 Wed, 06 Apr 2011 15:56:05 +0300 https://gencs.ee/news/view/312 VAT Refunds in Latvia-Tax office review https://gencs.ee/news/view/310 Wed, 06 Apr 2011 15:50:31 +0300 https://gencs.ee/news/view/310 VAT Refunds in Latvia-Tax office review Tax evasion in Latvia-Finance Police Summary. https://gencs.ee/news/view/308 Wed, 06 Apr 2011 15:34:13 +0300 https://gencs.ee/news/view/308 Tax evasion in Latvia-Finance Police Summary. Personal income tax in Estonia: Expatriates tax seminar was held in Tallinn, Estonia on April 18, 2011 https://gencs.ee/news/view/306 Mon, 04 Apr 2011 15:12:15 +0300 https://gencs.ee/news/view/306   Expatriate Tax Planning    Very welcome to join for an April 18th Business Breakfast on Expatriate Tax Planning at Hotel Telegraaf.   Arranged in cooperation Law firm in Lithuania: Please mark in your calendars 18th of April, 2011 for the Expatriate Tax Planning Seminar in https://gencs.ee/news/view/304 Tue, 29 Mar 2011 11:44:50 +0300 https://gencs.ee/news/view/304               The SCC in Lithuania and Gencs Valters Law Firm invite to the 3rd annual seminar in Law Firm in Lithuania - News: Lithuanian Law on Bankruptcy of Natural Persons https://gencs.ee/news/view/302 Tue, 22 Mar 2011 15:56:20 +0200 https://gencs.ee/news/view/302 Lithuania and other Baltic countries faced a difficult challenge combating financial instability. One of the Government Measures for the program Law firm in Latvia: Ombudsman reviews capital gains tax in Latvia. https://gencs.ee/news/view/300 Tue, 15 Mar 2011 16:57:12 +0200 https://gencs.ee/news/view/300     Ombudsman reviews capital gains tax in Latvia. Ombudsman of the Republic of Latvia on February 10, 2011 turned to the Prime Latvian personal income tax, Estonian personal income tax, Lithuanian personal income tax: „Taxation of expatriates in the Baltic’s 2011” https://gencs.ee/news/view/298 Fri, 11 Mar 2011 13:30:20 +0200 https://gencs.ee/news/view/298         Click on picture to open slides from „Taxation of expatriates in the Baltic’s 2011” seminar. Law firm in Lithuania: Bad Debts Practice in Lithuania. https://gencs.ee/news/view/296 Wed, 02 Mar 2011 16:57:56 +0200 https://gencs.ee/news/view/296   Bad Debts Practice in Lithuania   The administrative burden for the recognition of bad debts to be allowable deductions, lowering the taxable Law firm in Latvia: The Constitutional Court of the Republic of Latvia rules on tax imposed on interest income https://gencs.ee/news/view/294 Fri, 25 Feb 2011 15:12:10 +0200 https://gencs.ee/news/view/294     Before January 1, 2010, Section 9 (1) (3) of the Law “On Personal Income Tax” provided that income from deposits We are pleased to announce our firm as a DealMakers Global Award Winner 2011 in the category of Full Service https://gencs.ee/news/view/292 Fri, 25 Feb 2011 10:43:49 +0200 https://gencs.ee/news/view/292     The Guide to the World's Leading Financial Law Firms: Legal market overview / Financial and corporate https://gencs.ee/news/view/290 Tue, 22 Feb 2011 11:00:26 +0200 https://gencs.ee/news/view/290       Gencs Valters Law Firm Winner of Full Service Law Firm of the Year in Latvia award in 2010 by Corporate Intl Magazine https://gencs.ee/news/view/288 Tue, 01 Feb 2011 15:35:24 +0200 https://gencs.ee/news/view/288     We have great pleasure in informing you that Gencs Valters Law Firm have been successfully chosen as the winner World Bank Doing Business Report 2011.Our firm contributed for the Baltics - Doing Business in Latvia, Doing Business in Lithuania, https://gencs.ee/news/view/286 Thu, 20 Jan 2011 15:23:26 +0200 https://gencs.ee/news/view/286 Doing Business report series - World Bank Group Doing Business in Latvia Doing Business in Lithuania Doing Busines in Estonia Personal Income Tax: 9th annual seminar "Expatriate Tax Planning 2011 in the Baltics" was held on March 10 https://gencs.ee/news/view/284 Thu, 20 Jan 2011 13:08:08 +0200 https://gencs.ee/news/view/284                 The SCC in Latvia and Gencs Valters Law Firm invite to the 9th annual seminar COMPANY INCORPORATION IN LITHUANIA, ESTONIA AND LATVIA UPDATED https://gencs.ee/news/view/282 Tue, 18 Jan 2011 13:39:24 +0200 https://gencs.ee/news/view/282 VAT refunds in Latvia: Video from TV3 NEWS; Valters Gencs gives his opinion on Tax refunds https://gencs.ee/news/view/280 Tue, 28 Dec 2010 14:32:00 +0200 https://gencs.ee/news/view/280 EURO IN ESTONIA: ALL ESTONIAN COMPANIES SHALL CHANGE THE SHARE CAPITAL https://gencs.ee/news/view/278 Mon, 20 Dec 2010 16:49:06 +0200 https://gencs.ee/news/view/278   On January 1th, 2011 the currency in Estonia will be Euro instead of Kroon, which had been Estonian currency since On November 25, 2010 Valters Gencs was speaking in conference “VAT refunds in Latvia - problems and solutions” in Riga, https://gencs.ee/news/view/276 Mon, 29 Nov 2010 14:58:52 +0200 https://gencs.ee/news/view/276     Conference „VAT refund problems and solutions” were held on November 25, 10 in Radisson Pak Hotel Ridzene in Riga, Latvia. Valters Gencs has been nominated by in-house counsel and peers to appear in the Guide to the World’s Leading Tax https://gencs.ee/news/view/274 Fri, 26 Nov 2010 10:07:33 +0200 https://gencs.ee/news/view/274     Please visit: http://www.expertguides.com/default.asp?page=4&guideID=200   Share options in Lithuania: GlobalSharePlans.com report about Lithuania by Gencs Valters Law Firm https://gencs.ee/news/view/272 Thu, 21 Oct 2010 12:35:17 +0300 https://gencs.ee/news/view/272   publication in GlobalSharePlans Article "Most recent tax changes in Lithuania" for Tax Planning International https://gencs.ee/news/view/270 Thu, 21 Oct 2010 11:05:44 +0300 https://gencs.ee/news/view/270     In 2009, Lithuania and other Baltic countries faced a difficult challenge combating financial instability. Lithuania increased most taxes to offset Thin Capitalization Rules in Lithuania by Gencs Valters Law Firm https://gencs.ee/news/view/268 Tue, 19 Oct 2010 16:03:30 +0300 https://gencs.ee/news/view/268 In 2009, Lithuania and other Baltic countries faced a difficult challenge combating financial instability. Lithuania increased most taxes to offset Media, Advertisement and Entertainment Law in Estonia. Chapters from MULTILAW book on Media, Advertising, and Entertainment Law Throughout the World. https://gencs.ee/news/view/266 Tue, 19 Oct 2010 14:29:22 +0300 https://gencs.ee/news/view/266   Media, Advertisement and Entertainment Law in Estonia   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book Media, Advertisement and Entertainment Law in Lithuania. Chapters from MULTILAW book on Media, Advertising, and Entertainment Law Throughout the World. https://gencs.ee/news/view/264 Tue, 19 Oct 2010 14:13:09 +0300 https://gencs.ee/news/view/264   Media, Advertisement and Entertainment Law in Lithuania   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book Media, Advertisement and Entertainment Law in Latvia. Chapters from MULTILAW book on Media, Advertising, and Entertainment Law Throughout the World. https://gencs.ee/news/view/262 Tue, 19 Oct 2010 13:46:58 +0300 https://gencs.ee/news/view/262   Media, Advertisement and Entertainment Law in Latvia   Chapters from MULTILAW book on Media, Advertising & Entertainment Law Throughout the World   This book Gencs Valters Law Firm participated in the Nordic Open 2010 in Tallinn, Estonia https://gencs.ee/news/view/260 Fri, 15 Oct 2010 15:23:01 +0300 https://gencs.ee/news/view/260   Gencs Valters Law Firm partnered with the Estonian Swedish Chamber of Commerce (ESCC), the Swedish Chamber of Commerce in Gencs Valters Law Firm: Most recent tax changes in Latvia. Micro-Enterprise Tax in Latvia https://gencs.ee/news/view/258 Fri, 15 Oct 2010 14:41:28 +0300 https://gencs.ee/news/view/258 In order to stimulate development of small and medium size enterprises in Latvia, Parliament of Latvia adopted on August Law firm in Estonia: Doing Business in Norway: Our firm held seminar in Tallinn "HOW TO START BUSINESS IN NORWAY" https://gencs.ee/news/view/256 Thu, 16 Sep 2010 16:31:55 +0300 https://gencs.ee/news/view/256   Gencs Valters Law Firm, together with AS Bi-Info held a seminar on topic "Starting Business in Norway". Seminar took Article "New Tax Rules Approved for PEs of Companies in Tax Havens" for Tax Planning International https://gencs.ee/news/view/254 Thu, 16 Sep 2010 11:11:11 +0300 https://gencs.ee/news/view/254 The Republic of Latvia is currently aspiring to combat shadow economy with enhanced law provisions. Tax evasion by permanent establishments