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We advised DECENTRALIZED GLOBAL PAYMENTS, S.L., a part of Block Inc. group, in the sale of its subsidiary holding an e-money institution license, Verse Payments Lithuania, UAB. This transaction marks a significant step in the fintech sector and opens new opportunities in the financial services market. It is expected, that the new owners will continue […]
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“Taxes in a Nutshell 2025” offers a concise overview of the main corporate tax principles across Estonia, Latvia, and Lithuania. This annual publication serves as a valuable resource for businesses, tax professionals, and investors operating or considering ventures in the Baltic region, providing them with up-to-date tax information essential for informed decision-making. Available here: Taxes […]
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In this episode of Tax Stories, we welcome Rita de la Feria, a globally recognized tax expert. Rita is a Professor of Tax Law at the University of Leeds, International Research Fellow at Oxford University’s Centre for Business Taxation, and an advisor to multiple governments. She has authored five books and numerous articles, with her latest book, “Taxation and Inequalities,” set […]
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We assisted the Ministry of Transport and the Latvian state in signing an agreement with Lufthansa Group, a strategic investor in airBaltic. According to the transaction documents signed, Lufthansa Group will acquire a convertible share representing a 10% stake in airBaltic, which will be issued at a subscription price of EUR 14 million. Additionally, Lufthansa […]