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Fibonatix receives a payment institution licence from Latvijas Banka
We advised Fibonatix on obtaining a payment institution licence from Latvijas Banka. SIA Fibonatix (LV) is a company within the Fibonatix brand, which includes the UK-regulated entity Fibonatix (UK) Limited and entities in Germany and Poland, all founded by Israeli founder Tal Miller. Fibonatix’s business involves providing payment solutions for merchants (e-commerce entities and beyond). […]
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Shared Mission 2026: We invite impact-driven organisations with cross-border ambitions to apply for up to EUR 100,000 in pro bono legal and tax support
Our Shared Mission programme is now open. Marking the programme’s seventh consecutive year, purpose‑led startups, scale‑ups, NGOs, associations and companies seeking to scale across borders are invited to apply for free legal and tax advice. Apply HERE by 14 June 2026. Shared Mission – our commitment to the Baltics We have launched applications for […]
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Obligation for Third-Country Nationals to Submit Personal Information Prior to Entering Latvia
Amendments to the Immigration Law and related Cabinet Regulation No. 515 “Regulations on the National Threat Prevention Information System,” which will enter into force on 1 September 2025, stipulate that third – country nationals who do not hold a Latvian visa or residence permit shall be required to submit personal information 48 hours prior to […]
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Cryptonews.com: MiCA Pushes EU to Adapt – Not Everyone Will Make the Cut
As MiCA takes effect across the EU, legal experts and crypto founders say the regulation may bring clarity, but not without casualties. Key Takeaways: MiCA is raising the bar for compliance, forcing smaller crypto firms to exit the EU market or radically adapt. Experts say the real challenge isn’t legal. It’s cultural, as many teams […]
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Stricter procedures established for attracting foreign labour in Latvia
According to the currently applicable procedure, an employer who plans to employ third-country nationals has to publish a vacancy with the State Employment Agency (“Employment Agency”) and, if the vacancy remains free for at least 10 business days, the employer is entitled to apply to the Office of Citizenship and Migration Affairs (“OCMA”) for approval […]