Blog
Interim dividends in Lithuania
Amendments to the Law on Companies of the Republic of Lithuania came into force on 1st March 2012 which entitled companies to pay dividends for a period shorter than a financial year (interim dividends).
Read more >
European Union blue card – will it make recruiting non-EU citizens easier?
The amendments made to the Aliens Act entered into force on 19 June 2011. One of the amendments is the addition of a new legal basis for third-country nationals to work in Estonia – the European Union blue card, which is used in all European Union Member States except Denmark.
The general bases and principles of granting the European Union blue card are set forth in the respective EU Directive. According to the Directive all highly qualified employees and their family members should have an easy and quick option to obtain a residence permit – the European Union blue card. However, despite this being a good idea, applying for a blue card is actually somewhat more difficult than one could expect.
Read more >
Anti-Counterfeiting Trade Agreement (ACTA) referred to the EU highest court
The European Commission referred the Anti-Counterfeiting Trade Agreement to the European Court of Justice for legal guidance on whether it may be in contradiction with the EU fundamental rights. Due to the concerns that the announced framing of the Commission’s referral text is narrow and legalistic in nature, European Parliament is also considering referring question on ACTA legality to ECJ.
Read more >
Court ruling adds uncertainty to Latvian copyright practise
Kurzeme Regional Court decision put under doubt the need for obtaining a licence for radio broadcast in public places from the agency representing the rights of the authors – Copyright and Communication Consulting Agency / Latvian Authors Association (AKKA/LAA).
Read more >
On initial declaration of private individual’s financial standing
As of 15 December 2011 the Law on Declaration of Private Individual’s Financial Standing and Undeclared Income enters into force, which sets obligation of Latvian residents (private individuals, who are Latvian citizens or foreigners with permanent residence permit or permanent residence certificate in Latvia) to submit to the State Revenue Service declaration of financial standing, if regarding their property, financial means and liabilities at least one of the following criteria is met:
Read more >
