SORIANEN: Opening studio in the European Union
8
Establishing a studio in European Union Saulė Dagilytė DevGAMM Minsk 18 October 2014
-
Upload
flash-gamm -
Category
Presentations & Public Speaking
-
view
316 -
download
0
description
What does it take and why open a studio in EU and Lithuania in particular – benefits, requirements and drawbacks of doing business in some of the most popular EU countries (Cyprus, Malta and Luxembourg).
Transcript of SORIANEN: Opening studio in the European Union
Establishing a studio in European Union
Saulė Dagilytė
DevGAMM Minsk
18 October 2014
Models
2
Developer IP holder Publisher
Mostly interested in:
Environment
EU Blue Card
Employment Taxation
The right for VAT deduction
Mostly interested in:
Legal environment
Corporate Income Tax
Withholding taxes
between EU & US
Corporate Income Tax
3
Country CIT rate Country CIT rate
Lithuania 5/15 % Cyprus 12,5%
Latvia 15% Sweden 22%
Estonia 21% Germany 24,5%
Poland 19% Luxembourg 21%
Malta 5%* Netherlands 25%
* - after tax refund, when certain condition are met.
Withholding Tax b/w EU & US*
4
* Data from DTTs
Source country WTH tax on royalties Source country WTH tax on royalties
Lithuania 5/10 % Cyprus 0%
Latvia 5/10% Sweden 0%
Estonia 5/10% Germany 0%
Poland 10% Luxembourg 0%
Malta 0/10% Netherlands 0%
EU Blue Card
5
* - unofficial data of 2012.
Country Salary threshold Country Salary threshold
Lithuania €1,250 Cyprus €2,610*
Latvia €1,300 Sweden €5,010
Estonia €1,374-1,026 Germany €3,020 - €3,870
Poland €1,275 Luxembourg €4,530 - €5,660
Malta €1,810 * Netherlands €5,800
Employment Taxation
6
Employer Cost of €1 net The chart here shows what employers must spend to pay each net euro to an employee.
Source: The Economist based on the data provided by EY in 2013.
Vilnius Tech Park
7
ESTONIAPärnu mnt 1510141 Tallinnphone +372 6 400 [email protected]
LATVIAKr. Valdemāra iela 21LV-1010 Rigaphone +371 67 365 [email protected]
LITHUANIAJogailos 4LT-01116 Vilniusphone +370 52 685 [email protected]
BELARUSul Nemiga 40220004 Minskphone +375 17 306 [email protected]
www.sorainen.com
Thank you!
Saulė Dagilytė
8
Head of Tax & Customs Practice
+370 61 039 616
