On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]
We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
Force maejure: Can construction contracts be suspended because of pandemic? Read more (in Latvian) here.
Publication / Kęstutis Adamonis, Paul Künnap, Kätlin Krisak, Jānis Taukačs, Viktorija Cherkas, Agneta Rumpa, Karolis Kunigėlis, Agnė Sovaitė, Saulė Dagilytė, Alexey Fidek, Olga Solovyanchik, Artem Melnikovich
In this webinar, we cover key topics for commercial property owners, including potential state aid availability, and discuss the most pressing questions. The webinar took place on 24 April 2020. Webinar topics: Rent rebates: are tenants entitled to rent rebates? What state aid is or may be available to owners of commercial properties? Tax: reliefs […]
Downtime caused by the COVID-19 pandemic in Europe poses a tax risk to Estonian construction companies operating abroad, as their business income may be taxed in that foreign country instead of Estonia, warns our senior associate Kaido Künnapas. Read more in Estonian.