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Lithuania: Investment Climate Statement 2015

SKU: 9781532802027

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Lithuania: Investment Climate Statement 2015, Penny Hill Press, 9781532802027

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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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