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Year in review Lithuania’s space law and industry have seen significant development in 2023 and 2024, building on the country’s status as a hub for small satellite manufacturing and advancing other space-related sectors, such as software solutions for the space industry. Commercial developments Since launching the first Lithuanian small satellite in 2014, Kongsberg NanoAvionics has […]
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The so-called non-dom regime is being abolished in Great Britain. Capital and people often migrate to Switzerland, Spain, Italy, Portugal, Cyprus for this and other reasons. What is appealing there? Which ones could be the best tax regimes in Europe? Switzerland PIT Some cantons offer a flat PIT rate for people who do not work […]
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We advised Green Energy Growth Fund, managed by Lords LB Asset Management, on the acquisition of a solar power project in Kaišiadorys, Lithuania, with a capacity of 55 MW. Solar power plant construction is scheduled to begin in Q4 of this year. The project will span over 80 hectares and will feature a single-axis tracking […]
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The main changes are related to PIT and there was already a blog about it. But everything else concerning tax amendments iz Latvia as of 2025 was not yet collected in one place. I will try to correct this omission (sorry, but it will be long). There was a separate blog about the draft personal income […]