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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 […]
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Sorainen Belarus advised Finland’s OpusCapita Group Oy on the Belarusian aspects of acquisition of all shares in jCatalog Software AG (Dortmund, Germany) from its shareholders. Our legal support included, inter alia, review of contractual arrangements between jCatalog Software AG and its local partner, advising on issues related to intellectual property protection, employment relations and tax […]
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SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
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SORAINEN advised Northern Horizon Capital in upgrading the fund management company licence of its Estonian arm to an alternative investment fund manager (AIFM) licence and in establishing a new public evergreen closed-ended real estate fund. The Estonian Financial Supervision Authority (EFSA) granted the AIFM licence and registered the fund, named Baltic Horizon Fund (Fund), on […]
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Developing transfer pricing policy (TP) for Enerstena UAB, a Lithuanian manufacturer and distributor of biomass boiler plants in the Baltic States and Ukraine. SORAINEN prepared TP policy for justification of pricing applied for intra-group transactions such as manufacturing services, automation services, management and support services, sale of spare parts and provision of loans. The client […]