New Year 2018 brings us many changes in tax laws (partly retroactive) that affect almost everyone, from individual natural-person entrepreneurs to credit institutions and non-residents. We have summarized the main changes you should be aware of in order to prevent unpleasant surprises and make use of the tax benefits which the state offers. Regular dividends: […]
Deals & Cases
Sorainen advised Trustcom Financial in obtaining an e-money institution licence from the Bank of Lithuania. Trustcom Financial will provide electronic money and payment services and its customers will be able to open electronic money accounts. Sorainen advised Trustcom Financial on licensing, business model structuring and other issues. The Sorainen team included partner Tomas Kontautas, associate […]
Deals & Cases / Sergej Butov, Deimantė Pagirienė, Juliana Pavilovska
Sorainen is advising Elektrobalt and the Würth Group on the acquisition of Gaudrė, a leading company in the lighting solutions market in Lithuania. Elektrobalt together with W.EG. Eesti in Estonia and Baltikelektro in Latvia, represents the Würth Electrical Wholesale Group (W.EG) in the Baltic States. Serving customers in the residential, infrastructure and industrial markets, Elektrobalt […]
Sorainen is advising Eurodent Hambakliinik on the transfer of its dental care business to Unimed, a company belonging to the portfolio of BaltCap Private Equity Fund. The transaction requires approval from the Estonian competition authorities. Sorainen has been advising Eurodent Hambakliinik throughout the whole transaction process. The Sorainen team was led by partner Toomas Prangli […]
Sorainen Belarus advised Eurotorg LLC, Belarus’ largest food retailer, on a USD 350 million bond issue for a 5-year term with an annual coupon rate of 8.75% maturing on 30 October 2022. The bonds have been issued by, and with limited recourse to, Bonitron Designated Activity Company for the sole purpose of financing a loan […]
