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Foreign investments – corporate

4 Jan 2016

The law firm has assisted a foreign IT company regarding various corporate and tax matters that decided to move its IT business into Lithuania. The investors can still take advantage of the Lithuanian jurisdiction that does not impose restrictions on bitcoin trade. Following the very recent ruling of the European Court of Justice in the case C-264/14, bitcoin transaction are exempted from the Lithuanian VAT, which permits worldwide trade of these products online without being disadvantaged by the jurisdictions that offer a more lenient VAT regime.  

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Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com

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