The work stoppage due to the raging pandemic in Europe has created tax risks for Baltic construction companies active abroad because their commercial revenue might be taxed there instead of their home country. Why is it important that activity on a construction site lasts less or more than 6 months? Many Baltic contractors operate on […]
The State Tax Inspectorate (STI) announced tax measures for business due to the COVID-19 situation. Possibility to postpone tax payment terms The STI has announced a list of companies that should be deemed to be affected by COVID-19. The list is available for downloading on the VMI website. The following tax payment term extension measures […]
We are advising Barclays Group Operations Lithuania on the transfer of Rise Vilnius startup hub to Swedbank. At the moment startup hub has 64 members and covers 34 companies. Rise Vilnius hub and its community After opening in summer 2016, startups based at Rise Vilnius hub were consulted by global mentors. In addition, hackathons were […]
