NJORD sponsored the event devoted to Initial Coin Offering organized by Estonia Legal Hackers on 21 September 2017. ICO (Initial Coin Offering) is a hot topic nowadays. Since 2017 the total amount of money raised in ICO is about $ 2,000,000,000 which is in 11 times bigger than for the whole 2016. It comes as […]
During the summer of 2017, the Estonian Parliament passed a new Labor Dispute Resolution Act (hereinafter Act), which enters into force on 01.01.2018. The goal of the Act is to create an efficient and up-to-date system to resolve labor disputes extrajudicially: to ensure quick processing of applications received by the labor dispute committee, high-quality decisions […]
A new concept of a specialized bank has been incorporated into Lithuania’s legal framework of banking legislation from 1 January 2017.
Significant changes to the Latvian tax system will come into force from 1 January 2018. With the new corporate income tax law, the taxation is postponed from the moment the profit is made to the moment the profit is distributed or aimed at such expenses that would not support further economic development of a company.