ELI Lithuania

Specialist who controls the abidance by AML rules in Lithuania takes a crucial role in the corporate system of any establishment functioning in the crypto industry. MLRO is in charge of the adequate execution and preservation of an extensive AML and CTF scheme. That person actively evaluates and attempts to reduce possible hazards, elaborates and…

In this direction, companies often need to manage a range of lawful and commercial matters remotely, notably when their clients are based abroad. For businesses operating in this region, the power of attorney (POA) is a key tool for agent roles. This allows company representatives, such as directors or board members, to perform essential tasks…

As Lithuania moves into 2024, some important charge transformations have been implemented, impacting both citizens and commercial organisations. These transformations are tailored to align the country’s fiscal regime with EU directives, enhance environmental responsibility, and simplify tax administration. Below, we examine the most notable changes, their capable impacts, and the wider implications for organisations and…

Сrypto-currency space is relatively young, but its popularity is only growing annually. Plenty of private capital-holders view crypto-currencies as means of investing and preserving capital; it entails large cash injections into the industry. Since the sphere of crypto-currencies is becoming more identified with investment tools and financial markets, this area doesn’t go unnoticed by regulative…