Sorainen represented Meseta in a case involving the 0% VAT rate. The Lithuanian Supreme Administrative Court ruled that tax administrators had unjustifiably imposed EUR 2 million in VAT, fines and interest on Meseta for allegedly unfair application of 0% VAT rates. The Court declared that the State Tax Inspectorate and other institutions that examined the […]
Decathlon is the first tenant in VNO verslo ir prekybos parkas – a commercial project developed in southern Vilnius. The first Decathlon store in the Baltics is planned to open in autumn 2018. The store is expected to occupy an area of 5,000m2 and the project also offers the possibility to expand by an additional […]
Sorainen assisted Intelligent Communications, developer of the ‘Trafi’ mobile application, a prominent Lithuanian start-up and leading IT and e-solution provider and a Norwegian company specialising in electronic manufacturing services and operating in Sweden, Lithuania, Germany, China and USA with more than 1,350 highly skilled employees. Sorainen tax specialists advised several clients in structuring employee share […]
Sorainen advised Lietuvos Energija in establishing a EUR 1 billion Euro Medium Term Note Programme and preparing to issue and distribute the first tranche of up to EUR 200 million. The tranche will be primarily listed on the official list of the Luxembourg Stock Exchange and will also be listed on the Debt Securities Trading […]
Sorainen assisted Timac Agro on matters related to investment in the welfare of company employees. Timac Agro was seeking to expand the use of its vehicles to accommodate the personal needs of employees. Lithuania-based Timac Agro is part of a worldwide group present in 42 countries and engaged in manufacturing and commercialising fertilisers and nutritional […]