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Lithuania approves new gambling payment blocking law

The law, which was approved by the Seimas (Lithuanian Parliament) in January 2025. This article delves into the implications of the new law, its potential impact on the gambling industry. Importance of Consumer-Centric Policies A critical aspect of Lithuania’s gambling regulation strategy lies in fostering consumer-centric policies. Beyond targeting illegal operators, the government is committed...

Forex regulation on the African continent

Foreign-exchange trading has seen exponential growth across the African continent in recent years, driven by a burgeoning tech-savvy population, increasing smartphone penetration, and a growing appetite for alternative investment opportunities. The Foreign-exchange field, characterized by its global reach and high liquidity, attracts many traders seeking to capitalize on interchange rate fluctuations. The State of Forex...

How to open a brokerage company – licensing and conformity

Lithuania has become a strategic hub for economic favors in Europe, offering streamlined law circumstances, access to the European Economic Area (EEA), and an attractive enterprise climate. Setting up a brokerage firm in Lithuania needs careful adherence to lawful and adjustment substructures, primarily governed by the Bank of Lithuania and the European Securities and Markets...

MRLO services in 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...

Representation in Lithuania

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...

Taxes in Lithuania 2024

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...

Crypto license in Lithuania: main advantages

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...

Accounting features in Lithuania

In the dynamic landscape of global enterprise, country has emerged as a promising destination for entrepreneurs and enterprises seeking growth opportunities in the European market. A crucial aspect of establishing and maintaining a successful enterprise in country is understanding the accounting landscape. In this article, we will delve into the key features of accounting services...

Lithuania as a Modern Cybersecurity Hub for International Operations

Lithuania, positioned as an advanced center for safeguarding digital activities on the global stage, has become a noteworthy figure in the digital defense domain. Particularly in the post-COVID-19 era, where increased online activities emphasize the imperative need for robust protection, Lithuania stands firm in securing its critical infrastructure and citizens, asserting itself as a leader...

Legal Services in Lithuania

Lithuania, a picturesque Baltic nation, boasts a rich cultural heritage and natural beauty. It also harbors a sophisticated legal system that is integral to maintaining a just and equitable society. For residents, entrepreneurs, and foreign investors alike, a thorough understanding of the diverse legal services available in Lithuania is essential. In this extensive article, we...

PI/API license in Lithuania

In recent years, Lithuania has emerged as a thriving hub for economic technology (FinTech) firms, attracting both startups and established players from around the world. One of the key drivers behind this growth is Lithuania’s Payment Institution license, which has opened up new avenues for economic innovation and accommodations in the country. In this article,...

How to incorporate a company in Lithuania?

Lithuania receives great marks for both economic freedom and human development. Lithuania’s production, property, and transportation industries constitute more than half of its GDP. Since 2000, the nation’s economy has almost doubled. This indicates that the country is a worthy place for forming a business presence. Registering a Business: legal forms In Lithuanian jurisdiction, one...
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