Insights

From the perspective of international businesses, the Baltic States are often viewed as a single market. However, in the field of employment law, Latvia, Lithuania and Estonia are aligned mainly at the level of general principles. The terms of employment contracts, probationary periods, overtime remuneration, leave entitlements, employment taxes and procedures for terminating employment relationships differ significantly between the three countries. Consequently, a company cannot automatically apply a single HR policy across all three Baltic States.

Our latest publication, the Guide to European Employment Law, brings together legal insights from Grant Thornton employment law experts across 15 European jurisdictions. The publication provides a practical overview of the key employment law rules that employers should consider when operating across borders, helping HR, legal and business professionals manage regulatory compliance and workforce planning more effectively.

Official Electronic Address

Government support for busineses affected by COVID-19

Key tax changes in Latvia

European council reaches agreement on anti-tax avoidance directive

Business morning “Doing business in Estonia”

Reverse charge for supplies of mobile phones, tablets and laptops

Amendments to the Labour Law

Most important Latvian tax changes in 2016

New regulation for real estate tax in Riga

Tax and legal news- Interim Dividends

The Register of Enterprises requires to update shareholders’ register information. New changes regarding the Board members are on track Using licensed software

Starting from 1st of January 2014, it will no longer be possible to transfer losses in between companies in a group. The current amendments are already scrutinized and partly adopted in the Parliament of the Republic of Latvia (The Parliament).

Information about the draft of ammendments to Individual Income Tax law

EURO INTRODUCTION LAW On the 31st of January 2013 Parliament passed the Euro introduction Law. It is anticipated that Latvia will join Eurozone in the 1st of January 2014. What will be the exchange rate? Parallel circulation of euros and latsWhen can lats be exchanged for euros?PricingIntroduction of euro in accountancy