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We assisted the social enterprise Visas Iespējas in a dispute over intellectual property rights. Visas Iespējas is a socially driven organisation that brings together youth organisations with suitable projects, both in Latvia and internationally. Its mission is to empower each and every young person to discover the opportunities that suit them best and to realise […]
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We assisted the Canadian company Rosizeil Importing Co. Inc. in the sale of furniture manufacturer Metalas ir mediena, which operates under the brand METAWOOD. 90% of the shares were acquired by the Luxembourg fund KJK III Participations S.a r.l., and the remaining 10% by the investment management company GS Invest. Rolanda Gineikienė, CEO of METAWOOD, […]
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The tax turbulence was caused by the world-famous director Ingmar Bergman and the writer Astrid Lindgren. As a result, the Social Democrats, who had been in power for 44 years, lost the elections. Art Saves the World Tax Administration Humiliates Ingmar Bergman These two cases seemed important in the context that in Bergman’s case, the […]
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We advised GS Core on applying for an operating licence from the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon). GS Core is part of the Swedish financial holding company Marginalen AB and is involved in both credit purchasing and credit management. The client submitted the licence application to Finantsinspektsioon on 13 September 2024, which made […]
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Unlike Lithuania, where the CIT rate increased from 5% to 6% (for small businesses) and from 15% to 16% for others, there are many more changes in Taxes in Estonia. What exactly has changed there? Income tax CIT and PIT rates increased from 20% to 22%; The 14% CIT rate (+7% PIT if the recipient […]
