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Publication
Starting from 24 April 2024, investors from certain countries* (Affected Shareholders) will face restrictions when trying to receive dividends from their Belarusian subsidiaries. The details of the new restrictions are set out in Resolution of the Council of Ministers No. 299 (available in Russian) dated 19 April 2024 “On Application of a Special Restrictive Measure” (the Resolution). According to the Resolution, […]
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News
Yesterday Sorainen was proclaimed “National law firm of the year: Baltics” by the International Financial Law Review (IFLR). This award highlights our work in the fields of finance and corporate law, which included the most challenging and innovative cross-border deals that we advised on in 2023. This is the ninth time we have received this recognition. Some […]
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Event
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Deadline for filing annual reports with the State Revenue Service (SRS) approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting with the SRS, no later than one month after approval by observing the deadline that is set based on the […]
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This month’s Life Sciences & Healthcare newsletter focuses on the distance selling of medicinal products. In February, the Court of Justice of the European Union made a fundamental decision concerning the legality of distance selling of over-the-counter (OTC) medicinal products. At the same time, in all of the Baltic States the possibilities under the brand […]