
Cobalt has a broad tax practice, covering compliance, transactions, and broader tax advisory services. The team is particularly active in the manufacturing and media sectors, having recently helped several media companies secure a favourable ruling regarding tax deductibility. Rokas Daugėla, an expert in international tax and structuring, leads the team. Another notable practitioner is Rasa Mikutienė, who is well-regarded for her strong consulting record in direct and indirect tax matters.
Legal 500 Editorial commentary
Key clients
- 4Bees UAB
- Demus (former Victory Funds)
- Contrarian Ventures
- Mehiläinen
- UAB Narbutas Group
- UAB Freda
- ERA Family Finance
- IPXO UAB
- Heavy Finance
- Orbio World
- 15min Group
- Ovoko
Work highlights
Advised 4Bees UAB on the tax treatment of interest expenses related to bridge financing used for acquiring shares in a target company, as well as the depreciation of goodwill recognized following the merger of the target with the acquiring entity.
Consulted Mehilainen, Finland’s largest provider of social and healthcare services, on all tax matters related to the acquisition of Lithuanian private medical services network InMedica Group.
Assisted UAB Narbutas Group, a leading Lithuanian producer of office furniture, on the design and implementation of a new group holding structure.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Rokas Daugėla
Other key lawyers
Rasa Mikutienė

