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Lithuania: Investment Climate Statement 2015

Lithuania: Investment Climate Statement 2015

Paperback

Business GeneralSocial Movements

ISBN10: 1532802021
ISBN13: 9781532802027
Publisher: Createspace
Published: Apr 18 2016
Pages: 24
Weight: 0.18
Height: 0.05 Width: 8.50 Depth: 11.02
Language: English
Lithuania's laws assure equal treatment for both foreign and domestic investors. No special permit is required from government authorities to invest foreign capital in Lithuania. State institutions have no right to interfere with the legal possession of foreign investors' property. In the event of justified expropriation, investors are entitled to compensation equivalent to the market value of the property expropriated. The law obligates state institutions and officials to keep commercial secrets confidential and requires compensation for any loss or damage caused by illegal disclosure.

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