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Organising shareholder meetings remotely Under the Law on Companies, a limited liability company may allow shareholders to attend the general meeting of shareholders and to vote by means of electronic communications. Although no official changes in legislation have yet been implemented in this field, on 7 April 2020 the Ministry of Economy and Innovation published […]
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A proposal that transactions in notarial form can be concluded remotely and signed by electronic signature has been submitted to the Parliament. In addition, on 22 April 2020 the Government approved a project on changing the Law on Notaries, with the aim of legalising notarial acts using modern information technologies. It is envisaged that notaries […]
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Following introduction of the 4th EU Anti-Money Laundering Directive in 2015, the corresponding laws in Estonia, Latvia and Lithuania have been amended, implementing a requirement for companies having their registered address in any of the Baltic countries to disclose and register their ultimate beneficial owners (UBOs) in commercial registers. However, the status of the 4th […]
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Our team contributed to the WTS CEE Tax Bridge 2019 summer issue, focusing on new developments with respect to the beneficial owner concept applied in Central and Eastern Europe. The publication offers an overview of what is happening in some EU countries (Austria, Czech Republic, Estonia, Hungary, Latvia, Lithuania and Poland) as well as third […]
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