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We advised Smash Capital, a US venture capital fund manager, on investing in Ovoko, a Lithuanian startup operating online marketplaces for used car parts. Smash Capital acted as lead investor in the Series B round, which was worth EUR 20 million in total. This is the largest investment in the Lithuanian startup ecosystem this year. […]
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On 6 September a version of tax changes was made public by the MoF, which has been agreed with the social partners and will go to the parliament. The rumour says that this will become the law. The expected tax changes are as follows Minimum monthly wage: 2024: EUR 700 2025: EUR 740 2026: EUR […]
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Baltic States Tax Firm of the Year Award Yesterday, Sorainen was named the Baltic States Tax Firm of the Year by the International Tax Review (ITR), the leading publication for tax professionals. It is the eleventh time our Tax team has received this recognition since ITR established the Baltic category in its European awards in 2010. […]
