Corporate Governance
Here you can find info and tips about how to convene meetings, adopt resolutions, approve annual reports and other corporate advice.
Estonia
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Draft law on digital meetings discussed in Riigikogu
The Estonian parliament (Riigikogu) began processing a draft law submitted by the Ministry of Justice which allows the governing bodies of all Estonian companies to entirely or partly pass resolutions by way of both digital and physical meetings. In addition, all the highest governing bodies of companies will be able to vote without convening physical […]
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Estonian companies should be able to hold digital meetings and pass decisions without physical meetings
To provide companies with legitimate options to carry out their daily management, the Estonian Bar Association, the Estonian Insurance Association, Nasdaq Tallinn, the Estonian Private Equity and Venture Capital Association, FinanceEstonia, the Chamber of Notaries and the Estonian Employers’ Confederation approached the Legal Affairs Committee of the Riigikogu and the Justice Minister on 27 March […]
Latvia
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How to protect your business during the coronavirus outbreak
The fast-spreading coronavirus is raising many questions and concerns. Our international COVID-19 Task Force: Karin Madisson, Eva Berlaus, Mantas Petkevičius, Alexey Anischenko is at your disposal, should you need advice in any legal issues you are facing. Below are some tips to help make decisions in a quickly changing situation: Hold meetings of corporate bodies without […]
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Remote participation and voting at a shareholders’ meeting
The state of emergency declared due to the Covid-19 pandemic has forced the Ministry of Justice and the Parliament to update the Commercial Law at short notice, introducing new provisions on remote participation and voting at a shareholders’ meeting. The amendments cover meetings of both SIA and AS shareholders and came into force on 22 March 2020. […]
Lithuania
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Remote participation at shareholder meetings and more flexible financial reporting in Lithuania
Organising shareholder meetings remotely Under the Law on Companies, a limited liability company may allow shareholders to attend the general meeting of shareholders and to vote by means of electronic communications. Although no official changes in legislation have yet been implemented in this field, on 7 April 2020 the Ministry of Economy and Innovation published […]
