June 27, 2026

Operations in the customs area may be restricted, and the right to transport goods may be denied

2025. June 10, [year], amendments to the Criminal Law came into force, stipulating that criminal liability for violations of international and national sanctions arises only if the value of sanctioned goods or services reaches 10,000 euro. However, if the value of sanctioned goods is less than 10,000 euro, administrative liability applies to the person: 1. […]

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Joint-Stock Company Reform: Fulfill the Obligation by 01.07.26 or Risk Liquidation

On May 30, 2024, the Saeima adopted amendments to the Commercial Law, which established an obligation for joint-stock companies (AS) to specify the type of shares in their articles of association—registered or dematerialized shares—by July 1, 2026. Why the Reform is Happening The joint-stock company reform is part of broader amendments to the Commercial Law

Joint-Stock Company Reform: Fulfill the Obligation by 01.07.26 or Risk Liquidation Lasīt vairāk »