18 November, 2022 Author: GIEDRĖ DAILIDĖNAITĖ, CIPP/E

Time to celebrate – finally we have changes in Lithuanian Company Law, which are really worthy to pop champagne!

After more than a decade, long awaited liberalization was brought in, which would give much more flexibility for investors:

  • More flexibility on regulation of preferred shares
  • More flexibility in determining different issue prices of shares of the same emission;
  • Reduced minimum share capital for closed stock companies to 1000 EUR
  • More flexible payment terms for share capital;
  • And many more.

Seimas approved – signature of H.E. President is much awaited for coming into force.

The law firm PRIMUS Legal Advisors operates as Noewe Legal from December 2023, continuing its services in the Baltics.

Meet the team and our legal services in the link below.