| Official Name: | Republic of Lithuania |
| Capital: | Vilnius |
| Total area: | 65 300 km2 |
| GDP per capita: | $21,615 |
| Native Language: | Lithuanian |
| Government: | Parliamentary republic |
| Population: | 2,955,986 |
| Major Religion: | Roman Catholicism |
| Monetary Unit: | Euro (EUR) |
Lithuania is the southernmost of the three Baltic States - and the largest and most populous of them. Lithuania was the first occupied Soviet republic to break away from the Soviet Union.
The Lithuanian landscape is mostly flat, with some low hills in the western highlands and in the eastern highlands. The highest point is Aukštasis at 294 meters. Lithuania has 758 rivers, more than 2,800 lakes and 99 km of Baltic Sea coast, which are mainly devoted to recreation and nature conservation. Forests cover just over 30% of the country.
About 84% of the population are ethnic Lithuanians. The two largest minorities are Poles, who make up just over 6% of the population, and Russians, who make up just over 5%. The Lithuanian language belongs to the family of Indo-European languages.
The capital Vilnius is a picturesque town on the banks of the Neris and Vilnia Rivers, and the architecture in the old town is some of the most beautiful in Eastern Europe. Vilnius University, founded in 1579, is a Renaissance-style complex with innumerable courtyards that forms a city within a city.
The Lithuanian President is directly elected for a five-year term and is mainly engaged in foreign and security policy. The Lithuanian unicameral parliament, the Seimas, has 141 members.
Lithuania's most famous culinary export is perhaps cold beet soup. Potatoes are also regularly on the menus, popular dishes are potato pancakes and cepelinai - potato dumplings filled with meat, curd cheese or mushrooms.
Health & Welfare
The Lithuanian constitution of 1992 provides guarantees of social rights including paid leave for working mothers before and after child birth, old-age and disability pensions, unemployment and sick leave compensation, and free medical care.
Economy & Jobs
Oil production and refining, banking, railroad equipment, electric machinery, appliances, mining, iron, steel, chemical manufacturing, natural-gas, and electric power production.
Main Attractions
Vilnus, Curonian Spit, Druskininkai resort, Hill of Crosses, and Palanga city.
Economy
In 2003, before joining the European Union, Lithuania had the highest economic growth rate amongst all candidate and member countries, reaching 8.8% in the third quarter. In 2004 – 7.4%; 2005 – 7.8%; 2006 – 7.8%; 2007 – 8.9%, 2008 Q1 – 7.0% growth in GDP reflects the impressive economic development and as a result is often termed as a Baltic Tiger. However, 2009 marked a dramatic decline in GDP at −14.74% attributed to overheating of the economy. In 2010, the rate was 1.33%. As of June 2013, the unemployment rate is 10.4%.
Lithuania has a flat tax rate rather than a progressive scheme. In 2007, personal income tax was reduced to 24% and a reduction to 21% was made in January 2009. Lithuanian income levels are lower than in the older EU Member States. According to Eurostat data, Lithuanian PPS GDP per capita stood at 61 per cent of the EU average in 2008.
Cyprus is an island nation in the eastern Mediterranean.
It is best known for its sunny beaches and breathtaking mountain ranges.
Most of Cyprus' income comes from tourism, exporting goods and selling real estate.
The main languages in Cyprus are Greek and Turkish.
English is spoken by most of the population.Company formationIt usually takes about 5 days to set up a companyThe minimum share capital of EUR 1000 and usually authorized capital of EUR 5000A local director of the company is required to maintain tax residency in Cyprus and board meetings must be held within Cyprus.The secretary must be or acquire a residency in Cyprus in order to maintain his tax residency in CyprusInformation on the tax systemCyprus corporate tax is 10% and is one of the lowest corporate taxes in the European Union.The following activities are not taxable in Cyprus:Profits from the sale of listed securities.Receiving dividends for a Cypriot company.Interest that does not arise from the ordinary course of business or is not directly related to the main activity of the company.Cyprus has a double taxation treaty with more than 40 countries.For more information on the Cypriot tax system or related questions, please contact us.Company managementThere is no annual fee to be paid to the state to run a business.
Only the submission of annual returns is required according to the following rules:A company registered before July 1st must submit the annual financial statements for the previous year to the tax office by December 31st of the following year.a company registered after July 1st must file financial statements for previous years with the tax authorities before December 31st two years later.
The global theodolite market is expected to register a healthy growth attributed to the growing need for making accurate measurements during the construction process. Apart from making accurate measurements in the construction industry, application of the theodolite also contributes during the study of orology. Growing need to re-measure the mountain ranges by the survey department of countries such as China and India continues to fuel growth of the global theodolite market. Integration of advanced technological features that enable laser tracking and GPS monitoring for high precision measurement has further contribute towards growth of the global theodolite market.
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Growth of the global theodolite market is mainly bound to various macro-economic and micro-economic factors. The report reveals that the increasing demand for making precise measurements in various industries such as construction and transportation industry has led to an upsurge in demand for theodolite market. Emerging technology will continue to transform and redefine the application of theodolite globally. With the emerging technology, manufacturers are focusing on integrating the advanced technological features in theodolite devices in order to equip them with enhanced GPS and laser tracking attributes. Bound to these factors, adoption of the theodolite devices will continue to increase in the global market.
The report provides an in-depth insight on the crucial aspects of the global theodolite market while offering related information on the important segments, factor fuelling growth of the global market, competitive landscape and growth patterns. Research Report Insights states that the global theodolite market is expected to represent a value of over US$ 300 Mn by the end of 2022.
On the other hand, various factors are expected to inhibit growth of the global theodolite market. Bound to lack of raw materials due to imposition of restrictions on use of the arsenic oxide by the European Union is likely to inhibit growth of the global market positively. As arsenic oxide is increasingly used to manufacture telescope, microscope and optical lens. With increasing impositions by the government on the use of arsenic oxide, the global theodolite market is expected to witness an inhibiting growth.
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Theodolite devices will further continue to witness significant demand during the survey procedures. Increasing demand to re-measure the mountain ranges in various countries such as China and India is likely to rev up adoption of the global theodolite market.
Key market players operating in the global theodolite market include EIE Instruments, South Surveying & Mapping Instrument Co Ltd, Survey Instruments Services Pte Ltd., Hexagon AB, Trimble, Suzhou FOIF Co., Hilti Group and Topcon Corporation.
In the next section, the report reveals that the global theodolite market is segmented on the basis of product type, application and region. On the basis of product type, the global market is segmented as optical, electronic and vernier product. Based on application, the global market is segmented in terms of industrial, construction and other applications. By region, the global theodolite market is segmented as North America, Latin America, Europe and Japan.
Report Analysis@ https://www.researchreportinsights.com/report/rd/110114643/Theodolite-Market
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What steps must developers follow to become GDPR compliant on mobile apps? All App developers, publishers, and marketers need to have a GDPR compliant mobile app. Here are what mobile app developers are trying to understand how to be GDPR compliant. GDPR is a challenge or opportunity for Developers. Do not ignore the importance of the GDPR.
In this article, we will explain everything about GDPR to give you an idea of what it is and how it works regarding data protection. Let’s start with explaining the regulation.
At the onset of the European Union’s General Data Protection Regulation (GDPR).
First, GDPR instigated a global wave of countries and regions implementing their own privacy laws.
Secondly, we are observing a dramatic change in consumers’ attitude toward privacy and protecting personal data.
Countries that have already begun executing their own privacy laws include California, Brazil and more are pouring in.
The compliance policies for organizations vary from country to country which makes data compliance a moving target for the companies.
We will discover how Microsoft Office 365 approaches regulations in journey to GDPR compliance.
