Sorainen advised venture capital fund Open Circle Capital on its first investment – in Lithuanian start-up Tipi. The company develops information management and communication solutions for teamwork. Open Circle Capital invested along with Silicon Valley fund Sway Ventures and a group of private investors from the USA, the UK, France, Lithuania and Singapore. Total investment […]
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 […]
Deals & Cases / Vytautas Sabalys
Sorainen Lithuania advised Moneta International on establishing a company and launching operations in Lithuania. Moneta International operates a payment platform and provides services for e-commerce companies. Moneta International plans to invest more than more than EUR 1 million in FinTech projects in Lithuania and hire approximately 15 qualified employees. “We visited six European countries searching […]
Sorainen assisted Vinted, the largest and most successful Lithuanian start-up in recent years, to successfully obtain a ruling from the State Social Insurance Fund Board on the preferential treatment of employee stock options for tax purposes. Strong argumentation in the inquiry to the State Social Insurance Fund Board led to the authority approving Vinted’s position […]
Deals & Cases / Eva Berlaus, Toms Vilnis
SORAINEN Latvia office assisted 28 members of the Latvian start-up community on a pro-bono basis in establishing the Latvian Start-up Association. The founding members include Uldis Leiterts, co-founder of Infogr.am and Fragmentic, the best drone of CES 2015 Airdog, Latvia’s oldest and biggest co-working space TechHub Riga, LVCA, Latvia’s recent successful science exit Naco Technologies, […]