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Doing Business Guide in the Baltics.
11.06.2018
In Estonia there are two specific licenses that are needed when company deals with cryptocurrencies in a certain way. One of these is the e- wallet license, which is needed when...
29.05.2018
One way to gather cryptocurrency is to mine it, which is actually quite a describing term for it. There are no limits or other restraints to mining cryptocurrency in Estonia. Anyone can mine it, if they want, but there are...
22.05.2018
According to the recent amendments in Law on the Prevention of Money Laundering and Terrorism Financing (hereinafter – Amendments), all Latvian financial institutions will be obliged to...
08.05.2018
Because there are no clear law directly concerning cryptocurrency, a preliminary assessment of the tokens would be helpful. Especially if they do not want their tokens be considered as securities. Law firm can give you...
23.04.2018
EMI licence fee Prior to applying for an EMI licence it is necessary to pay into the account of the State Tax Inspectorate a state fee to...
17.04.2018
PI licence fee Prior to applying for a payment institution licence in Lithuania, it is necessary to pay into the account of the State Tax Inspectorate (STI)...
13.04.2018
Documents and information to be submitted to the Bank of Lithuania In order to be granted an electronic money...
10.04.2018
The authorization process of Electronic Money Institution (EMI) licence is conducted by the Bank of Lithuania. There is a specific procedure and a list of documents required to be submitted with an...
05.04.2018
There are several possibilities how one can obtain a temporary residence permit in Latvia. Immigration law in Latvia also determines several...
23.03.2018
What about establishing a cryptocurrency in Estonia? Cryptocurrencies in Estonia are becoming more popular. Most new cryptocurrencies are initiated with an Initial Coin Offering (ICO) process. Cryptocurrencies...
21.03.2018
A development of a startup in Estonia is the governmental program for attracting people all over the world to create new business opportunities in Estonia. It is easy to set up a startup company in Estonia...
01.03.2018
ABLV Bank has come under intense scrutiny in Latvia in the past weeks, leading to its liquidation. The bank itself earned more than 51 million Euros in the last year, but has lately been in the news due to...
20.02.2018
Do you have a bank account at ABLV Bank in Latvia and you are worried about the lastest news regarding the confidence of its position in the Latvian market? We can help guide you through...
06.02.2018
For the protection of the trade mark for the goods/services, the first owner should provide evidence of the genuine actual use of the trademark on...
02.02.2018
Since 2014, Estonia revealed the oppertunityt for alines to become Estonian e-Residents. Estonian e-residency is available to anyone around the world who is interested in starting a business in...
30.01.2018
A brief description of the case General Court (the Court) granted a judgement on the opposition to...
06.12.2017
From June 2017, when the new Public procurement law in Lithuania came into force, and there were newly established requirements for purchasing organisations in Lithuania. Firstly, if purchasing am organisation in...
16.11.2017
The new Lithuanian Labor Code has fixed wide a range of employment agreements in Lithuania, which makes employment relations very convenient both for employers and employees. Below you can find the most...
25.10.2017
Our Law Firm Attorneys provide legal assistance to persons in extradition matters. A person who is located in the territory of Latvia may be extradited for criminal prosecution, trial, or the execution of a...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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