Tag Archives: board members

Mikelis Ozolins

New Provisions in the Latvian Commercial Code on the Company’s Transactions with its Shareholders, Board and Council Members


Saeima has adopted amendments to the Latvian Commercial Code, which clarify and more strictly regulate transactions of a company with its founders, shareholders and related parties. If a company within two years after its incorporation acquires property from …
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Andrius Smaliukas

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).