News
On 6 November, the winners of the Baltic M&A and Private Equity Awards will be announced as part of the Baltic M&A and Private Equity Forum 2019. This is now the sixth year that we will be celebrating the achievements of the Baltic M&A industry. The M&A, private equity and venture capital transactions of the year are selected […]
Eight international startups have been selected for the Wise Guys Fintech 3 accelerator program that has just started in Vilnius, Lithuania. As a strategic partner of the program we will be mentoring the selected startups during Regulatory Week and providing free-of-charge initial support in fintech licensing. Comments Sorainen partner Augustas Klezys: “We are truly excited […]
A new Personal Income Tax incentive in Lithuania comes into force in February 2020 to make employee stock options more attractive to use. Under the new rules, fringe benefits from share options are exempt from personal income tax if a share option is held by an employee (but not exercised) for at least 3 years […]
Following introduction of the 4th EU Anti-Money Laundering Directive in 2015, the corresponding laws in Estonia, Latvia and Lithuania have been amended, implementing a requirement for companies having their registered address in any of the Baltic countries to disclose and register their ultimate beneficial owners (UBOs) in commercial registers. However, the status of the 4th […]