Law on payments of the republic of lithuania
Web26 jan. 2024 · Summarised clarifications of the law on Value Added Tax are provided and published by State Tax Inspectorate under the Ministry of Finance of the Republic of … WebThe payment institution must comply with its statutory capital requirements: Taking into account the services provided, the minimum capital payable by the payment institution …
Law on payments of the republic of lithuania
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WebIf a payment institution intends to execute only payment initiation services, the initial capital must be no less than EUR 50,000. When a payment institution intends to provide more … WebWhen a payment institution intends to provide more services set out in the Law on Payment Institutions of the Republic of Lithuania, the capital thereof should be at least EUR 125,000. The requirement for the minimum initial capital is not applied to the licence for restricted activities.
WebTotal amount of deducted expenses shall not exceed 25 % of total amount of taxable income of a resident subject to an income tax rate of 15 %, 20 % or 32 % and 15 % or 20 … WebREPUBLIC OF LITHUANIA LAW ON EMPLOYMENT 21 June 2016 No XII-2470 Vilnius CHAPTER I GENERAL PROVISIONS Article 1. Purpose and Scope of the Law 1. This …
Webwages as established by the laws of the Republic of Lithuania. The payment subject to compensation shall be calculated in compliance with State Social Insurance Benefit Regulations. In the event of injury in the workplace or the contraction of an occupational disease, all average wage in the place of WebThe aim of this Guide is to introduce persons concerned to the authorisation process for electronic money institutions conducted by the Bank of Lithuania, requirements for electronic money institutions being established (legal persons not yet established) or being authorised (already established legal persons), set out the approach of the Bank of …
Web8 apr. 2024 · 1. The Fintech Landscape. 1.1 Please describe the types of fintech businesses that are active in your jurisdiction and the state of the development of the …
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