29.10.2014
Relocating your business to another country or city is not only an excellent way to expand your company but it is also a great way to reduce and optimize costs and taxes. The most common question is: which country (or city) to...
27.10.2014
Successful business model or brand may be leased to another party for limited amount of time, this practice is regarded as franchising. For lessor, otherwise known as franchiser, franchising opens an opportunity to increase the notoriety of...
21.10.2014
The Latvian government introduced in August a new regulation enabling Latvia’s lotteries and gambling regulator to...
13.10.2014
Due to economic conditions sometimes it is required to relieve more than one employee at a time. Although these actions are necessary to preserve the business or reduce the expenditures, termination of multiple...
07.10.2014
On Thursday, 25 September, 2014 the Saeima of the Republic of Latvia has approved in the last reading amendments in the Insolvency Law. According to approved amendments, in...
01.10.2014
Relocating your business to another country or city is not only an excellent way to expand your company but it is also a great manner to reduce costs. The most common question is: which country (or city) to choose? While...
22.09.2014
Accounting records According to laws, accounting records shall clearly display the transactions and financial results of a company, and it shall give a true and fair view of its financial...
19.09.2014
E-money institution can be registered as Limited Liability Company or Joint Stock Company. The share capital of e-money institution has to be at...
16.09.2014
Insolvency of an enterprise means the state of an enterprise when it fails to settle with the creditor/creditors and the overdue liabilities/debts are in excess of over a half of the value of the assets on the enterprise's...
09.09.2014
Electronic money institution in Lithuania shall receive a license according to the provisions of the Law on Electronic Money and Electronic...
03.09.2014
To provideelectronic money institution servicesLimited Liability Company or Joint Stock Company have to be registered in Latvia, with...
02.09.2014
Arbitration is not a novelty way to resolve disputes, however in recent years it has been gaining momentum in Lithuania. The main reason for this...
18.08.2014
The Latvian gambling regulator has published its first blacklist of 20 gambling domains including PokerStars, bet365 and 888 in an attempt to restrict the grey market in the Baltic...
24.07.2014
According to amendments in the Commercial law of Latvia from July 1, 2014 the company can register any amendments in the Articles of...
27.06.2014
On June 19, the Nordic and Baltic Embassies together with their Chambers of Commerce celebrated...
05.06.2014
Lithuanian Parliament has recently voted in favour of acceptance of the Law on Euro adoption in the Republic of Lithuania (hereinafter – the Law). The Law will establish the...
22.05.2014
Gencs Valters Law Firm representative Gunda Leite attended our client L'Oréal and UNESCO Award ceremony for...
13.05.2014
Extraordinary dividends According to amendments in the Commercial law of Latvia as of 01.07.2014 will be...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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© Gencs Valters Law Firm, 2014