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Downtime caused by the COVID-19 pandemic in Europe poses a tax risk to Estonian construction companies operating abroad, as their business income may be taxed in that foreign country instead of Estonia, warns our senior associate Kaido Künnapas. Read more in Estonian.
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Deals & Cases / Agnė Sovaitė, Goda Drąsutė
Invega invited financial institutions to apply to participate in implementing the incentive financial instruments Portfolio Guarantees for Loans 2 and Portfolio Guarantees for Factoring 2. Both measures are designed to help businesses access or restructure funding when they lack funds. Measures implemented through financial institutions The Portfolio Guarantees for Loans 2 instrument is designed to […]
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Publication
Our team’s work to provide exact solutions for our clients’ business needs was recognised by the Legal 500 who ranked 29 of our practices in Tier 1. The legal directory rated our performance as the strongest in the Baltic and Belarus market. Furthermore, 50 of our practitioners were individually recognised. The Legal 500 quotes comments by […]
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Generally speaking, wrongful trading is the special form of liability where a director of a company is liable for damages towards the creditors for the mismanagement of an insolvent company. A special feature of the wrongful trading concept is that it may give rise not only to the liability of the director of the company […]