The tax practice at Ellex serves an impressive list of domestic and international clientele, providing a plethora of tax and legal advisory services. The team is well-known for representing clients in tax disputes, including on customs matters and environmental taxes, as well as assisting in transfer pricing matters. Furthermore, the team has a developed cross-border practice, boasting extensive international experience. The team is led by Gintaras Balcius, with a diverse professional tax background and a particular focus on tax planning, indirect taxation and transfer pricing matters.
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Work Department
Tax Practice
Position
Gintaras Balčius is Head of Tax practice at Ellex in Lithuania. A highly experienced tax consultant and economist has been advising companies and individuals on tax matters for almost 30 years. Various legal directories and the market rate Gintaras as a top professional capable to offer timely and far-reaching solutions to clients. Having exceptional knowledge of tax law requirements and extensive know-how he can identify current and potential tax risks in the company and offer the most effective ways to reduce those risks. Gintaras consults international and local clients on tax planning, indirect taxation, transfer pricing and transactional tax structuring matters. His professional strengths are a swift insight in the client’s interests and business needs and excellent communication skills in dealing with the Lithuanian tax administrator.
Education
1990
Vilnius University, Lithuania
Master degree in Economics
Content supplied by Ellex
Testimonials
Collated independently by Legal 500 research team.
‘We’ve been working with Ellex for years and we also worked on regulatory issues for our solar power plant and battery projects, including grid capacity matters. Recently, we started working with their tax team, and we are very impressed. Their expertise in Lithuanian tax law is outstanding, covering everything from corporate tax planning to complex compliance issues. They help us navigate ever-changing tax regulations and ensure we stay fully compliant.’
‘Their teamwork, professionalism and understanding of our needs make them exceptional partners for us.’
‘We’ve been working with Ellex for a couple of years, and last year had the opportunity to work with their Tax team. They provided us with excellent tax advice, guiding us through complicated tax regulations in Lithuania. Their deep understanding of corporate tax planning, VAT and international tax law helped us stay compliant and optimise our tax strategy.’
‘Gintaras Balčius always provides clear guidance on complex tax issues, making sure everything is easy to understand and follow.'
‘The team is highly regarded for its deep expertise and strategic approach to complex tax matters in the Baltic region. Comprising seasoned tax lawyers and advisors with extensive knowledge of local and international tax laws, the team offers comprehensive services in tax planning, compliance, disputes and advisory.’
‘Gintaras Balčius is particularly known for his ability to navigate complex tax regulations and for his strong track record in representing clients before tax authorities and in litigation.’
‘Deep knowledge of international taxation stands out.’
‘We work with Gintaras Balčius and he is excellent because of his deep tax knowledge and practical approach. He makes complex tax issues easy to understand and gives us clear directions. We really appreciate his professional attitude, quick replies and how he always adjusts solutions to match what our business requires.’
Key clients
- Thermo Fisher Scientific Baltics
- Apple
- Coca Cola HBC Lietuva, etc.
- Lietuvos Paštas
- KN Energies
- Deka Immobilien Investment
- ENAD GLOBAL 7
- FCR Media Holding
- Kwalee
- PFIZER
- HCL Technologies
- Smurfit Kappa Baltic
- INVL Asset Management
- Seduva Jewish Memorial Fund
- KS Holding
- GYM Plius
Work highlights
Advised Thermo Fisher Scientific Baltics, addressing complex interdisciplinary issues that encompass both taxation and intellectual property, with notable cross-border considerations.
Consulted Apple concerning intricate cross-border taxation issues, in anticipation of the prospective introduction of a novel product to the Lithuanian market.
Assisted Seduva Jewish Memorial Fund, a non-governmental organisation dedicated to promoting Jewish culture in Lithuania, on VAT-related issues that emerged during the construction stage.