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July and August are usually a quiet time and a vacation period in Belarus ‒ but not in 2020. From one standpoint, we observe a gradual decrease of the COVID-19 pandemic, but from another we are seeing the final stage of the presidential elections due to take place on 9th August. These two circumstances will […]
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From 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning & Planning, Land, and Employment will enter into force in Lithuania. These amendments are incentives to local and foreign investments in large projects developed in the fields of processing manufacturing, data processing or hosting services. A large project is […]
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We advised cleaning service company Švaros broliai on developing a franchising model. So far this year the company has already concluded four transactions successfully transferring tunnel car wash businesses to new operators under a franchise agreement. Among the first Lithuanian companies to develop franchising model According to Ignas Pranskevičius, Executive Director of Švaros Broliai, the […]
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As of 6 April 2020 it is possible to attest notarial acts remotely via digitised notarial services (remote attestation), which was initially planned as a pilot project in Estonian foreign representations. A format for attesting notarial acts has been added to the traditional format whereby a party to the act to be attested had to personally visit […]
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Many companies will likely be forced to deal with debts and liquidity issues – one must act smart and promptly to keep the problems from snowballing. Advice to creditors: Stop the snowballing effect! Set the credit limit and ask for advance payments First, take a good look at the credit limits you have set for your […]
