Doing business with Lithuania (2003)

Book abstract:

This book is part of the Global Market Briefing series which provide a country-by-country information resource for international managers, analysts, entrepreneurs and consultants engaged in international business and market development. Lithuania is considered one of the most open market economies of the newly independent states of the former Soviet Union and set to capitalise on its strategic location at the centre of enormous European markets and those of the Commonwealth of Independent States.

The book is organised over four parts. Part one provides a general background to the Lithuanian market. Part two addresses the legal climate of the country with eleven chapters on topics such as corporate governance, business structures, competition law, employment law, property law, intellectual property and telecommunications. The fiscal and financial sectors are addressed in part three with overviews of the banking system, regulation of the financial markets, taxation, auditing and accounting and chapters on mergers and acquisitions. Part four takes a sectoral look at the Lithuanian economy and provides commentary upon its widely diversified nature with no less than thirteen different industries featured. A useful appendix provides some analysis of the level of business risk associated with the Lithuanian market and provides a list of contacts which should prove useful to investors considering business in this Baltic country.