![Page 1: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/1.jpg)
Establishing a studio in European Union
Saulė Dagilytė
DevGAMM Minsk
18 October 2014
![Page 2: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/2.jpg)
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
![Page 3: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/3.jpg)
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.
![Page 4: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/4.jpg)
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%
![Page 5: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/5.jpg)
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
![Page 6: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/6.jpg)
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.
![Page 7: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/7.jpg)
Vilnius Tech Park
7
![Page 8: SORIANEN: Opening studio in the European Union](https://reader035.vdocuments.net/reader035/viewer/2022062512/553b396f4a79593e2c8b4683/html5/thumbnails/8.jpg)
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