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Doing Business Guide in the Baltics.
06.10.2015
The government has approved the proposal submitted by the Ministry of Social Security and Labour to increase minimum wage following July 1, 2015. The new monthly minimum wage...
16.06.2015
Registering your invention seems like a long and complicated process. Taken into account the administrative burden and patenting costs, inventors often ask “is it really worth it”?...
19.01.2015
Brokerage services are usually defined as buying and selling of financial securities (or financial instruments) which include research and advice for the clients of a brokerage firm. Not to be confused with investment...
03.12.2014
Following January 1, 2015 all the companies registered in Lithuania are imposed with obligation to change their share capital as the country...
06.11.2014
Successful business model or brand may be leased to another party for limited amount of time, this practice is regarded as franchising. For lessor, otherwise known as franchiser, franchising opens an opportunity to increase the notoriety of...
27.10.2014
Mergers and acquisitions form a part of corporate reorganizations. Reorganization is the process that terminates the legal person without liquidation. It shall be noted that reorganizations should...
24.09.2014
As businesses grow internationally and companies are trying to offer their products worldwide, contracts of distribution become a valuable tool. With these contracts producers or suppliers can ensure that...
17.09.2014
Following the European Union decision, Lithuania will become the 19thMember of Eurozone from 1stof January 2015. Official currency exchange rate set by the...
16.09.2014
Insolvency of an enterprise means the state of an enterprise when it fails to settle with the creditor/creditors and the overdue liabilities/debts are in excess of over a half of the value of the assets on the enterprise's...
15.09.2014
Electronic money institution in Lithuania shall receive a license according to the provisions of the Law on Electronic Money and Electronic...
02.09.2014
Arbitration is not a novelty way to resolve disputes, however in recent years it has been gaining momentum in Lithuania. The main reason for this...
27.06.2014
On June 19, the Nordic and Baltic Embassies together with their Chambers of Commerce celebrated...
05.06.2014
Lithuanian Parliament has recently voted in favour of acceptance of the Law on Euro adoption in the Republic of Lithuania (hereinafter – the Law). The Law will establish the...
19.09.2013
Lithuanian High Court in June, 2013 adjudicated in favor of non-professional investor and set the...
05.09.2013
In 2013 august it was indicated the administrator of BAB Ūkio...
12.02.2013
Please find special Power of Attorney for Trademark and Patent filings in Lithuania below. More Powers of Attorney, Assignments...
15.01.2013
After several decades of constant debates concerning the development of European Patent System on 11th December 2012 finally European Parliament adopted the...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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