Publication / Maksim Salahub, Yauheni Budchanka, Marina Golovnitskaya
Today, 26 April, we are celebrating the World Intellectual Property Day! This holiday emphasises the exceptional importance of protecting intellectual property (IP) rights, which are crucial for every business, as they provide a competitive advantage, prevent others from using or profiting from your innovations, and, moreover, allow you to monetise your intellectual assets through licensing or […]
Latvia’s status as the arbitration unicorn remains undisputed after nearly ten years since adopting the country’s first Arbitration Law (“Latvian Arbitration Law”). In February 2024, the overly liberal Latvian regime resulted in 57 arbitral institutions. This record-high number, however, is considerably less than the 214 arbitral institutions in Latvia in 2013. Although advertised by the Latvian government to follow the […]
Our Tax expert team has prepared an overview of the most relevant aspects of the latest European Union tax initiatives. Read more on the following topics to discover how these initiatives are relevant to your company. HOT Directive: SMEs gain the opportunity to use head office taxation rules for calculating taxes At the beginning of autumn 2023, the European […]
Publication
Starting from 24 April 2024, investors from certain countries* (Affected Shareholders) will face restrictions when trying to receive dividends from their Belarusian subsidiaries. The details of the new restrictions are set out in Resolution of the Council of Ministers No. 299 (available in Russian) dated 19 April 2024 “On Application of a Special Restrictive Measure” (the Resolution). According to the Resolution, […]
Deadline for filing annual reports with the State Revenue Service (SRS) approaching 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 by observing the deadline that is set based on the […]
