Articles - Page 3 of 3 - Lawyers in Lithuania

Lithuanian Double Taxation Avoidance Agreements

The double tax treaties signed by Lithuania are following the OECD and UN model agreements. There are not many countries which has signed these types of agreements with Lithuania but many drafts are waiting for the ratification. So far, there are avoidance agreements signed with Armenia, Austria, Azerbaijan, Belarus, Belgium,…

Debt Collection in Lithuania

Due to the last years’ economic context, with so many entrepreneurs affected by the economic crisis, is natural that some of them are facing the impossibility of paying their debts. Because of this fact many creditors chose to ask for prepayments on the delivered goods and services. This may lead…

Company Liquidation in Lithuania

Lithuanian companies can be liquidated voluntary by the free will of its members or compulsory by a Court’s decision. Usually the reasons why a company is liquidated are various such as the expiration of the time posted in the articles of association, the achieving of the purposes stated in those articles,…