ECOVIS Miškinis, Kvainauskas ir partneriai advokatų kontoraAfter amendments to the Law on Companies of the Republic of Lithuania, entered into force on May 1, 2012, Lithuanian limited liability companies are allowed to pay dividends several times a year (previously it was possible to do so only once a year, at the end of the financial year).The decision must be made by a general meeting of shareholders (by a qualified majority vote, which must be not less than 2/3 of all the votes of the shareholders attending the meeting).Dividends can be paid after preparation of t...
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