Who’s Who Legal: Energy 2024 includes our energy expert, counsel Andrius Šimkus, in its recently published list featuring market-leading lawyers and experts working in the field of energy across all major jurisdictions. Andrius Šimkus is listed as the go-to expert in both “Energy – Oil & Gas” and “Energy – Power/Electricity”, being the only expert […]
Sorainen is representing the consumer credit service provider 4finance before the Constitutional Court in a dispute with the legislator regarding the procedure for calculating and paying the new enterprise income tax (EIT) surcharge. As of 1 January this year, the legislator has obliged consumer credit service providers to pay an EIT surcharge of 20% of […]
In the recently released Chambers 2024 High Net Worth rankings, Sorainen stands out as the leading law firm in the Baltics, the only one with the highest Band 1 rankings across the region in private wealth law. This recognition highlights the proven experience and market standing of the Sorainen Private Client team. Sorainen also consolidated […]
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Sorainen has selected nine projects for our pro bono legal and tax advice in the Shared Mission programme. The selected projects will receive free legal and tax advice on various issues, from establishing an entity and employment arrangements to data protection and fundraising. Annually, we allocate over EUR 100,000 to the Shared Mission and other […]
What is a Guarantee of Origin? A Guarantee of Origin (GoO) for gas certifies that a portion of the energy has been sourced from renewable energy resources. According to Section 117.1, Subsection 1 of the Energy Law, GoOs serve this specific purpose. Section 117.3, Subsection 1 further specifies that the transmission system operator (TSO) issues […]
