NJORD Lithuania: New procedure related to corporate information for agricultural companies and cooperative companies

On 16 November 2017 amendments to the Law on Agricultural Companies and the Law on Cooperative Companies (Cooperatives) were adopted in Lithuania. Among other novelties, the amendments include an obligation for Agricultural companies and Cooperative companies to provide information about their participants to the administrator of information system on participants of legal entities (JADIS). New […]


NJORD Lithuania: Japan Economic Partnership Agreement: time to explore new markets!

The EU has finalized negotiations for Economic Partnership Agreement with Japan. This Economic Partnership Agreement will boost trade in goods and services as well as create opportunities for investment. Japan is the world’s fourth largest economy and with a population of 127 million, its economy is about one third larger than Germany’s. So what does […]


NJORD Lithuania: Bendrovės buveinės perkėlimas į kitą ES valstybę narę

Nauji metai dažnai reiškia pokyčius. O kas būtų jei nuspręstumėte perkelti savo bendrovės buveinę į kitą ES valstybę narę? Ar tuomet reikėtų likviduoti bendrovę ir steigti naują?   Nebūtinai. Remiantis Europos Sąjungos Teisingumo Teismo praktika, perkeliant bendrovės buveinę į kitą ES valstybę narę nereikia likviduoti bendrovės ir dėl tokio perkėlimo bendrovė nenustoja egzistuoti kaip juridinis […]


NJORD Lithuania: Does your organisation need Data Protection Officer?

Business around the globe is preparing for GDPR to come into force on 25 May 2018. As the deadline for GDPR compliance is fast approaching and many companies will need to appoint Data Protection Officer (DPO), the companies need to consider whether their core business operations involve: regular and systematic monitoring of data subjects on […]