European Commission cuts unnecessary administrative burdens in company law

Mindaugas Gedeikis's picture

The EC is moving quickly to deliver on its 2008 programme to cut administrative costs. Today’s proposals aim to abolish requirements in company law. Companies will no longer need to publish business data in the national gazettes and they can (re-) use translations certified in one Member State (including Lithuania) when opening branches in other Member States (including Lithuania). In the accounting area, parent companies with no material subsidiaries no longer need to prepare consolidated accounts. Furthermore medium-sized companies can be exempted from providing detailed data in the annual accounts.

More information here.


Your Business and Investment Attorney in Lithuania


According to Client needs we can offer flexible terms in our cooperation

98 %

We have won 98 % of cases in courts


We will give you special attention


AG Invest professional law partnership


 address: Žalgirio st. 88, 210, Vilnius, Lithuania


 tel. +370 685 31925



code: 302247995
VAT code: LT100004957611


We accept Bitcoins, Ethereum and other cryptocurrencies

bank account No.: LT25 7044 0600 0661 8152


Attorney at Law Aivaras Aleksiejevas
 tel. +370 685 31924

Attorney at Law Mindaugas Gedeikis
 tel. +370 685 31925

Attorney at Law Lina Urbanavičienė
 tel. +370 650 34204

How to find us