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Today, the exhibition “The Price of the Silence of the World” was opened at the Stained Glass Gallery of the Parliament of the Republic of Lithuania – Seimas which is dedicated to the memory of the children killed in Ukraine. The Lithuanian Pediatric Society, Vilnius Pediatric Society, and the...

Not all the data provided by companies to the State Register’s system JANGIS (Information about the sub-system of beneficial owners) about ultimate beneficiaries is accurate and precise. The business news portal Vz.lt published an article titled “JANGIS system holes: how reliable is the information about ultimate beneficiaries” in which...

The business news portal Vz.lt published an article “What is lacking for the State Tax Inspectorate to achieve perfection” in which comments were provided by Marius Grajauskas, Managing Partner of LEADELL Balčiūnas and Grajauskas Law Firm. The State Tax Inspectorate (VMI) has been recognized as the most advanced among...

The leading international publication “Legal 500” has recognized LEADELL law firms for 19 times in their latest rankings. According to the feedback given by our clients, LEADELL attorneys at law in Latvia, Lithuania, and Estonia have been recommended as experienced and excellent experts in the following practice areas: – Banking,...

How to contest a decision of the shareholders of a capital company in the Baltic States? As the tense economic and political situation unavoidably influences the business environment, the number of disputes surrounding decisions of shareholders’ meetings of limited liability companies and joint stock companies (hereinafter – capital companies,...

In Lithuania about 110.000 legal entities – two-thirds of those who had obligation – have not provided data about their final beneficiaries to the Information System of Beneficial Owners (JANGIS). Banks do not apply restrictions to them yet, but the problems may arise for those who want to become...

The leading international publication “Legal 500” has recognized LEADELL law firms for 16 times in their latest rankings. According to the feedback given by our clients, LEADELL attorneys at law in Latvia, Lithuania, and Estonia have been recommended as experienced and excellent experts in the following practice areas: – Banking,...

One of the most important conditions for a successful real estate market is legal regulation establishing the procedure for the development of real estate projects on a state-owned land. In this LEADELL newsletter, we are providing a brief overview of the legislation on the development of real estate projects...

Together with Latvian and Estonian colleagues we analyzed whether, how and when the employer has the right to demand from the employees to be vaccinated against Covid-19. EMPLOYERS RIGHT TO DEMAND VACCINATION FROM EMPLOYEES Enjoy the reading!

The biggest AML event of the year for business took place today! The Baltic AML Forum 2021 in Vilnius invited to discuss topical issues and tools of money laundering risk management and prevention. The conference was focused on the latest legal, technological and practical measures on the prevention of...

Today, 7 of October 2021, Managing Partner Marius Grajauskas took part in the webinar of the annual conference “Gazelė 2021” on the development of small and medium businesses, organized by the “Verslo žinios”. Marius made presentation on the rapid growth of company and related legal risks.

We are sincerely grateful and appreciative to our clients and team for being together all these years and looking forward to our continues growth and success. On 25.08.2016 three Baltic Law Offices, today LEADELL Pilv in Estonia, LEADELL Vitols in Latvia and LEADELL Balčiūnas & Grajauskas in Lithuania  founded...

We kindly invite you to register to Baltic AML Forum 2021. LEADELL Balčiūnas and Grajauskas is a partner of the conference, organised by daily Newspaper Verslo žinios. The conference will be held on 12th of October 2021. Marius Grajauskas, Lina Balčiūnė and Konradas Pabijanskas will present Legal liability of...

Estonia was the first country to introduce and offer the e-residency scheme and it is open to individuals from all countries who work digitally, are location-independent, and want to start and run an EU company. Lithuania and Latvia, following the example set by Estonia, are also launching their own e-programs....

The General Court of the European Union satisfied the complaint of AB Achema regarding in Lithuania since 2011 the illegality of the public interest services (PSO) scheme in the electricity sector, in recognition of a European Commission decision to reconcile it as illegal. Read more (in Lithuanian language) here.

The law firm LEADELL Balciunas & Grajauskas has been recognized among the leading experts in the fields of dispute resolution, banking and finance, intellectual property, real estate and construction, M&A and tax. Thank you to our Clients for their high evaluation of our experience and knowledge as well as...

Vilnius Conference Centre organized the “CFO Conference 2021” which is the 10th annual event regarding the matters relevant to CFOs. The main subject of this year’s conference was procurement and technology. The conference was intended for procurement specialists – procurement managers, financiers, supply managers, commercial managers. Lina Balčiūnė –...

The team of LEADELL Balčiūnas & Grajauskas participated in the development of the new Verslo žinios service for the market – “VŽ contracts”. Contract Guide is a digital contract management platform that will allow you quickly prepare a contract for different business needs. In the next few months, the...

In December LEADELL newsletter Estonian, Latvian and Lithuanian Law offices write about selection of Covid-19 support measures that can be used in Estonia, Latvia and Lithuania. To read newsletter please click LEADELL Newsletter APPLYING FOR STATE AID DURING COVID-19 CRISES IN BALTICS

Marius Grajauskas, Managing Partner of the law firm LEADELL Balčiūnas and Grajauskas, took part in the radio program of the „Žinių radijas“ – “Open discussion” where he talked about the pandemic’s impact on auction processes, trends and practical advices for debtors and auction participants. See the discussion recording here.

Today, 12 of November 2020, Managing Partner Marius Grajauskas took part in the webinar of the annual conference “Gazelė 2020” on the development of small and medium businesses, organized by the “Verslo žinios”. Marius made presentation on the management of settlement risks through financial contracts: loans, sureties, agreements on...

LEADELL Balciunas and Grajauskas Managing Partner Marius Grajauskas commented at Lithuanian business news portal Vz.lt article European Court of Justice has opened doors to a sectoral turnover taxes: • The court determined that Sectoral turnover taxes are not in conflict with EU law. • The European Commission has also...

Nowadays, Start-ups are becoming increasingly popular as a way of implementing innovative business ideas. As borders are almost non-existent in the business environment since the international element plays an important role, it is highly important to choose the most suitable country for starting a business. Not only the economic...

Gintaras Balčiūnas, partner of the law firm LEADELL Balčiūnas ir Grajauskas, took part in the radio program of the „Žinių radijas“ – “Open discussion”. Together with Gintaras Balčiūnas also participated Mr. Vidmantas Janulevičius – the President of Lithuanian Confederation of Industrialists, Mr. Kęstutis Kupšys – Head of the Alliance...

Legal 500 and Chambers & Partners issued their annual rankings of law firms. LEADELL law offices once again have been recognized as one of the top firms in Baltic States. We are very proud to have been ranked in ten practice areas in both the prestigious Legal 500 and...

On 24th of May, 2018 LEADELL Balčiūnas & Grajauskas together with daily newspaper Lietuvos Žinios (Lithuanian news) and Lithuanian Free Market Institute have organized a conference ,,LNG terminal: the interest of the country and business”. Gintaras Balčiūnas, partner of LEADELL Balčiūnas & Grajauskas law office, gave a presentation on...

LEADELL Balčiūnas & Grajauskas managing partner Marius Grajauskas on 21-23 March participated in the International Tax Planning Association (ITPA) conference “Geneva March 2018”, where he presented A Fresh Look at Estonia, Latvia and Lithuania – Tax planning and banking trends in the Baltics. The main topics of his speech...

On 15th of December one of the biggest group of companies “Achemos grupė“, represented by LEADELL Balčiūnas & Grajauskas, finished the  transaction  and purchased one of the largest agricultural trading companies in the Baltic States “LP group“. Transaction amount – more than EUR 25 million. Article in Lithuanian here.

Year 2018 will come with some significant tax reforms in Latvia and Estonia affecting businesses of all size. Latvia is introducing 0% tax rate on reinvested profit, Estonia is lowering the income tax rate for regular profit distribution and other measures to improve the competitiveness of each country are...

Law Firm‘s LEADELL Balčiūnas and Grajauskas Managing Partner Marius Grajauskas, who is one of the founders of Association of Lithuanian Tax Advisers (LMKA), together with Associate Lukas Vitauskas and other members of LMKA, participated in the meeting with the representatives of State Tax Inspectorate of the Republic of Lithuania...

Exactly one year ago three Baltic law firms – Aivar Pilv Law Office in Estonia, Fogels Vītols & Paipa in Latvia, and Balčiūnas & Grajauskas in Lithuania – announced the formation of the new Pan-Baltic alliance LEADELL. Today we are pleased to conclude that the first year under the...

Corporate governance defines relationships between a company’s management, its board, its shareholders and its other stakeholders. It determines the way companies are managed and controlled. An effective corporate governance framework is of crucial importance because well-run companies are likely to be more competitive and more sustainable in the long...

In Paris, the Lithuanian Minister of Foreign Affairs Mr. Linas Linkevičius, together with the representatives from 75 countries, has signed a Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Sharing, which will make transferring profit from one country to another in order to avoid...

On the 14 of June, 2017 LEADELL Balčiūnas & Grajauskas together with daily newspaper Lietuvos Žinios (Lithuanian news) have organized a conference “Dialogue of Business and Government: the way of communication” Conference speakers: Mindaugas Sinkevičius, the Minister of Economy; Pär Nuder, former Swedish member of parliament, former Swedish Minister...

We are pleased to announce the establishment of a representative office of LEADELL Balciunas & Grajauskas in Brussels, Belgium. With this establishment, LEADELL law offices will offer new sophisticated legal services to the clients across Europe and beyond. The new office, situated in the heart of the main business...

The Embassy of the Republic of Lithuania in Ukraine together with its partners have organized a conference in Kiev “Ukraine and Lithuania: Investment and Business Opportunities”. Head of the practice group, Attorney-at-law of the law firm “LEADELL Balčiūnas & Grajauskas” Kazimieras Karpickis gave a lecture on the subject of...

„Legal 500“, „Chambers Europe“ and „IFLR 1000“  have published ranking results of 2017. The lawyers of LEADELL Balciunas & Grajauskas have been recognized among the leading experts in the fields of banking, finance and capital markets, dispute resolution, intellectual property, real estate and construction, shipping and transport and tax.

The new Labour Code of the Republic of Lithuania will enter into force on 1 July 2017. More liberal regulation of employment relations is expected to encourage foreign investment in Lithuania and facilitate the creation of new jobs. One of the fundamental new developments is a simplified termination of an employment...

CEE Legal Matters published an article: Dominas Derling and Leadell Advise on Litagra Group Transfer of Trading Business to Achema Group. As a result of the deal, Achema Group acquired Litagra group’s trading business and grain elevators network, i.e. Litagros Prekyba AB, along with its Latvian subsidiary Litagra SIA....

On the 23 of February, 2017 LEADELL Balčiūnas & Grajauskas together with daily newspaper  Verslo Žinios and UAB “Grant Thornton Baltic” have organized a conference “Business development in Germany: legal and fiscal environment and practical aspects”.   The main topics: The preparatory work is important – what and how...

Online portal vz.lt has published the article „ Shares of private limited liability company’s can’t be handed over as a gift “ with the comment of Kazimieras Karpickis – a Practice Group Leader of LEADELL Balčiūnas & Grajauskas law office. The full article in Lithuanian can be found here.

On 1 November 2016 the amendments to the Income Tax Act entered into force in Estonia adopting the amendments of the EU Directive No. 2011/96/EU on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States (hereinafter the Directive). The aim...

I. LATEST CASE LAW ON ADMINISTRATION OF LAND TAX The ruling dated 02/02/2016 by the Lithuanian Supreme Administrative Court (hereinafter the LSAC) declared that in the event relevant data on land tax payable does not coincide with those available to the Register of Real Property (hereinafter the RRP) the...

A Leader of Practice Group, Senior Associate Kazimieras Karpickis participated in the News radio broadcast – E-auctions: how not to get lost in the jungle of technologies and don’t buy a cat in the bag? Radio broadcast in Lithuanian language can be found here.

I. CASE-LAW CONSIDERATIONS REGARDING THE DEMOLITION OF A CONSTRUCTION WORKS WHEN THE DOCUMENT PERMITTING THE CONSTRUCTION IS ISSUED WITHOUT THE MANDATORY DETAILED PLAN HAVING BEEN YET DRAWN UP On 13 June 2016 the extended Chamber of Judges of the Supreme Court of Lithuania ruled in Civil Case No 3K-7- 134-916/2016 to reject...

LEADELL Balciunas & Grajauskas successfully solved a dispute by representing and providing legal consultations to the client Lihuanian Business Confederatation, concerning a trademark similarity between the “World Lithuanian Economic Forum” event which the client was organising, and “World Economic Forum”.  

I. CASE-LAW CONSIDERATIONS REGARDING THE ELECTRONIC ENTRY INTO CREDIT AGREEMENTS On 11 May 2016, the Chamber of Judges of the Supreme Court of Lithuania spoke on the electronic entry into service agreements and explicated the case-law on the matters of validity of consumer credit agreements. It has been established in the...

We are excited and proud to announce that Balčiūnas & Grajauskas team won the table quiz held by the Association of Young Lithuanian Attorneys.

Vilnius Conference Centre organized the ‘CFO Conference 2016’, which is the 8th annual event regarding the matters relevant to CFOs. The main subject of this year’s conference was risk management efficiency. The managing partner of Balčiūnas & Grajauskas law firm Marius Grajauskas gave a lecture on the subject of “The...

On the 17th of May, 2016 attorney-at-law Marius Grajauskas received the Honorary Award of the Lithuanian Business Confederation for Active and constructive work with LBC measures and effective leadership of the committee of commercial law and practice.

On the 26th of April, 2016 the Lithuanian Ministry of Justice together with the Lithuanian Ministry of Economy, the Lithuanian Ministry of Foreign Affairs and The Organisation for Economic Co-operation and Development (OECD) organised an international seminar, where Marius Grajauskas, the managing partner of law firm Balčiūnas & Grajauskas,...

On the 18th of February, 2016 law firm Balčiūnas & Grajauskas together with Grand Thornton Rimess and Verslo žinios organized a conference on the following subject: Business Expansion to Scandinavia: legal and tax environment and practical aspects Businessmen with practical experience of export to Scandinavia shared their experience and...

Law firm Balčiūnas & Grajauskas together with B.I.T.A association organized a conference on the following subject: “The notion of tax disputes, stages of investigation, peculiarities and process possibilities. The opportunities in the EU”

Law firm Balčiūnas & Grajauskas on March 31 of 2015 participated in seminar organized by Lithuanian engineering industry association „LINPRA: Digital data, trade secrets and intellectual property protection of manufacturing companies. The firm’s managing partner, lawyer Marius Grajauskas made a presentation on “Commercial secrets and intellectual property protection in the...

Conference: “Business development  in Latvia and Estonia planning: legal and tax environment, practical aspects” Law firm Balčiūnas & Grajauskas, UAB “Grant Thornton Rimess” and daily newspaper the “Verslo Žinios” successfully organized an international conference: Business development  in Latvia and Estonia planning: legal and tax environment, practical aspects

Journal „International Comparative Legal Guide: Real Estate 2015″ recently published Lithuania Real Estate Law Review prepared by the law firm Balčiūnas & Grajauskas.

Attorney-at-law Marius Grajauskas became a member of the RICS organization.