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Deadline approaching for filing annual reports with the State Revenue Service (SRS). The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file with the SRS an annual report ‒ approved by the shareholders’ meeting ‒ no later than one month after approval and no later than four months after the […]
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Publication / Raivo Raudzeps
Amendments to the Public Procurement Law came into force on 13 March. The main changes to be noted: Exceptions to application of the procurement procedure In Section 5, the amendments provide an exemption from the statutory procurement procedure for the following services, if the contract price under the procurement contract is less than 144,000 EUR: expert […]
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Publication / Raivo Raudzeps
Vēlamies Jūs informēt, ka šī gada 13. martā stājās spēkā grozījumi Publisko iepirkumu likumā. Galvenās izmaiņas, uz kurām gribam vērst Jūsu uzmanību: Iepirkumu procedūru piemērošanas izņēmumi Grozījumi 5. pantā atļauj likumā noteiktās iepirkuma procedūras nepiemērot šādu pakalpojumu iepirkšanai, ja iepirkuma līguma paredzamā līgumcena ir mazāka par 144 000 EUR: – ekspertu sniegtiem pakalpojumiem ekspertu grupā augstskolas vai […]
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Is my trademark protected just because I am using it in my business? Usually no, because the Baltics and Belarus are “first-to-file” countries. This means that a trademark is protected only after successful registration. As an exception to the rule, the law allows a challenge to a trademark on the basis of prior use of […]
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Dear clients and partners, At the end of 2018, the Council of the European Union endorsed “quick fixes” to the VAT system ‒ temporary measures which should help solve problems arising in trade between EU member states. Over the course of 2019, companies will have to get ready for the new rules that will apply […]
