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Corporate Governance

An evolving regulatory environment, shareholder expectations, and investor scrutiny require companies to achieve the highest standards of corporate governance. We advise management and shareholders in connection with a broad array of corporate governance and related matters.

We help to design best practice governance structures and board and committee structures, advise on liability and insurance issues for directors and officers, prepare board regulations and other internal policies, plan and conduct annual and extraordinary general meetings, advise on the legal, regulatory, and tax aspects of corporate social responsibility and sustainability projects, and counsel on sensitive corporate matters, strategic transactions, and internal investigations.

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Simplified evaluation of contribution in kind and payment of share capital

Requirements for associations and foundations: remote meetings, compulsory liquidation and audit conditions

Entrepreneurs, don’t miss the deadline for your annual report, as the new regulation penalises delays

The Buzz in Latvia: Interview with Guntars Zile

Branches and Representative Offices of the Foreign Entities Registered in Latvia Are Obliged to Disclose Their Beneficial Owners

COVID-19 Estonia: Coronavirus in employment relations – payment of salary subsidies extended, employees return to workplaces

COVID-19 Estonia: The effects of the coronavirus on the adoption of resolutions by shareholders and the formal requirements for non-electronic share transfers

COVID-19 in Latvia: Electronic corporate meetings

CEELM COVID-19 Comparative Legal Guide: Contracts in Estonia

CEELM COVID-19 Comparative Legal Guide: Contracts in Latvia

Corporate Law News Latvia: Additional Obligations to Identify Ultimate Beneficial Owners

Baltic Corporate Law News – February 2019

Comparative investment guide to the Baltics – January 2019

Baltic Corporate Law News – February 2018

Baltic Corporate Law News – July 2017

Tax Flash News – April 2017

Baltic Employment Law News – March 2017

Corporate Law News – January 2017

Risk of buying capital shares at auction

Comparative Investment Guide to the Baltics – July 2016

Sale of shares of a limited liability company

Liability of board members for tax debts

Cases when the management board member can be engaged without an employment agreement

Capital Directive in Europe. The Rules on Incorporation and Capital of Limited Liability Companies 2014. Latvia chapter

Corporate Law News – December 2013

FICIL: Boards Play a Fundamental Role in Efficient Corporate Governance

"The responsiveness is impressive, consistently addressing enquiries and issues in a timely manner. The service levels are also exceptional, with a strong focus on customer satisfaction and support."
Chambers Europe 2025, Corporate/Commercial, Estonia office
"COBALT's strength is pragmatism, accuracy and always responding very quickly to any and all enquiries. Once you place an enquiry or refer a case to them, you can rely on their attention and they take care of the matter diligently."
Legal 500 2025, Commercial, Corporate and M&A, Estonia office
“The lawyers know the local market very well. They educate clients, are very precise and fast reacting and have a customer-friendly approach.”  
Chambers Europe 2025, Corporate/Commercial, Latvia office
“COBALT has every competency in the firm, and highly specialised people who can cover all topics. The lawyers can combine their knowledge for an overall encompassing solution.”
Chambers Europe 2025, Corporate/Commercial, Lithuania office