In Q1 of 2021, the Baltic mergers and acquisitions (M&A) market shattered the record for the number of deals in a quarter, formerly held by Q1 of 2018. The value of announced deals in Estonia, Latvia and Lithuania set another record, totalling EUR 925 million according to the Mergermarket’s “Global & Regional M&A Report 1Q21”. […]
Possibility to extend the approaching deadline for filing annual reports with the State Revenue Service (SRS) The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting with the SRS, no later than one month after approval and no later than four months […]
While Covid-19 restrictions continue, the government has decided on support measures to companies suffering from Covid-19. The government has approved the following support measures: Compensation for working capital turnover This support will be available to taxpayers, micro-, small and medium companies, as well as large companies (performers of economic activity) registered at the State Revenue […]
