Aktualności prawne

When the average number of employees is 20 or more, the Lithuanian Labour Code sets a duty to form a Works Council.This statutory rule does not apply when a trade union operates at the level of the employer and at least one-third of all employees belong to the union. The

… although “compassionate use” programmes are in practice implemented in Lithuania, Lithuanian law does not offer a satisfactory legal basis for them but leaves many questions open, such as (i) what procedure should be followed for obtaining unlicensed medicines, or (ii) at what phase should a medicinal product be in

Brief overview of the characteristics of a Slovak LLC (spoločnosť s ručením obmedzeným, abbreviation: spol. s r.o. or s.r.o.). The most frequent company type in Slovakia is a limited liability company. It is largely popular especially because it is easy to form and requires only a

The upper limit on cash payments remains at BGN 10,000 (approx. 5,000 Euro) Not a single national government has to deal with distrust of cash payments. As of 2011, statutory restrictions have been enacted in Bulgaria that ban cash payments of debts over a certain amount.

Extensive changes to personal income tax and corporate taxes. On 28 July 2017, the Latvian Parliament passed an extensive legislative package with significant changes to the tax system. The changes will come into effect on 1 January 2018; however, to some extent transition periods will last several years. Strategic objectives