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Lithuania Trade and Business News
London fintechs flock to Lithuania post-Brexit
www.fintechmagazine.comFollowing the UKs exit from the EU, several prominent London fintechs have announced plans to relocate or create new headquarters on the continent.... London fintechs flock to Lithuania post-Brexit
Lithuania launches own national e-residency scheme News ERR
news.err.eeLithuania is to launch an e-residency scheme in January, joining Estonia in providing a service which allows, among other things, foreign nationals to set up companies registered in that country, to open bank accounts, and to taxes online.
Lithuanian Parliament adopts legislative amendments incentivizing investment in large projects
www.lexology.comFrom 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning Planning, Land, and Employment will enter into force in Lithuania.
As the Baltics continue to lead the fintech scene, other CEE countries search for new strategies
emerging-europe.comThe Baltic States have again been confirmed as the most vibrant fintech hubs in emerging Europe. According to the Global Fintech Index City Rankings, a report published by Findexable, which monitors all cities worldwide where theres a cluster or community of fintech companies, Lithuania ranks fourth globally and Estonia 10th.
Lithuania a perfect country to start a business
www.memuk.orgGlobal companies such as RGE Group, Albright International, Hella, Continental, and IKEA, to name but a few, have recently chosen to launch their businesses in Lithuania, one of the fastest growing countries in the EU.