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Rīgas namu pārvaldnieks begins path to IPO
We provided advice to Rīgas namu pārvaldnieks, carrying out an assessment of Riga City Council’s participation in this capital company and possible scenarios for terminating this involvement. About Rīgas namu pārvaldnieks Rīgas namu pārvaldnieks is the largest and most experienced property management company in the Baltics, based on its client base. The company provides high-quality, […]
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Škoda secures contract award for BEMU train tender in Latvia
Sorainen provided legal support to the Škoda Transportation and Škoda Vagonka consortium in a tender for the first delivery of BEMU trains in Latvia. About the case On 9 October 2025, the state-owned company Autotransporta direkcija decided to award the contract to the Škoda consortium, confirming that its offer met all tender requirements. The proposed […]
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Acting for DelfinGroup and ViziaFinance before the Latvian Constitutional Court regarding a corporate income tax surcharge and how it is calculated
Sorainen is representing consumer lenders DelfinGroup and ViziaFinance before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that […]
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Acting for West Kredit before the Latvian Constitutional Court regarding a corporate income tax surcharge and how it is calculated
Sorainen is representing consumer lender West Kredit before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that consumer […]
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Representing 4finance before the Latvian Constitutional Court regarding a corporate income tax surcharge on flow-through dividends
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 […]