Terms of Service

Last updated on: January 18, 2026

§ 1. General Provisions

  1. These Terms of Service ('Regulations') govern the use of the website operated at magnacorporate.com ('Platform') and the consulting services ('Services') provided by Magna Corporate Services UAB ('Service Provider').
  2. By using the Platform or engaging our Services, you ('User' or 'Client') agree to be bound by these Regulations. These Regulations constitute a legally binding agreement between you and the Service Provider.
  3. The Service Provider reserves the right to amend these Regulations at any time. Users will be notified of significant changes. Continued use of the Platform or Services after such changes constitutes acceptance of the new Regulations.
  4. The law applicable to the obligations arising from these Regulations is the law of the Republic of Lithuania.

§ 2. Definitions

  • Platform – The website available at magnacorporate.com, used for informational and contact purposes.
  • User/Client – Any natural person, legal person, or organizational unit that uses the Platform or engages the Service Provider for Services.
  • Engagement – The formal agreement, confirmed by a signed contract, for the provision of Services by the Service Provider to the Client.
  • Services – Professional consulting and advisory services in the field of corporate governance, shareholder relations, and corporate law provided by the Service Provider.
  • Regulations – This document, specifying the terms and conditions of using the Platform and Services.

§ 3. Type and Scope of Services Provided

  1. The Service Provider offers specialized advisory services detailed on the Platform and in individual proposals. The precise scope of Services for a Client is defined in a separate written agreement or engagement letter.
  2. Information presented on the Platform does not constitute a formal offer within the meaning of civil law but is an invitation to negotiate. An agreement is concluded only upon the signing of a formal contract.
  3. The Service Provider undertakes to perform the Services with due diligence, in accordance with professional standards, and with the best interests of the Client in mind, subject to applicable laws and regulations.
  4. The Services are of an advisory nature. The Client is solely responsible for all final decisions made based on the advice and recommendations provided by the Service Provider.

§ 4. Technical Requirements

  1. Use of the Platform requires a device with internet access and a modern web browser (e.g., Chrome, Firefox, Safari) with JavaScript and cookies enabled. The Service Provider is not responsible for technical issues arising from the User's equipment.
  2. The User is prohibited from delivering content of an unlawful nature or interfering with the operation of the Platform.
  3. The Service Provider shall make reasonable efforts to ensure the continuous and correct functioning of the Platform.

§ 5. Rights and Obligations of the User/Client

  1. The Client is obliged to provide the Service Provider with all necessary information, documents, and cooperation required for the proper performance of the Services. The accuracy of this information is the Client's responsibility.
  2. The Client agrees to pay the remuneration for the Services as specified in the individual agreement. Invoices are payable within the term specified on the invoice.
  3. All intellectual property, including reports, analyses, and methodologies, provided by the Service Provider remains the property of the Service Provider. The Client receives a license to use these materials for internal purposes only, as specified in the agreement.
  4. The Client is obliged to maintain the confidentiality of all sensitive information and trade secrets of the Service Provider disclosed during the provision of Services.
  5. The User agrees to use the Platform only for its intended, lawful purposes.

§ 6. Final Provisions

  1. The liability of the Service Provider for any damages arising from or in connection with the performance of the Services shall be limited to the amount of remuneration paid by the Client, unless otherwise stipulated by mandatory provisions of law.
  2. Any disputes arising from these Regulations or the provision of Services shall be resolved amicably. If no agreement is reached, disputes shall be settled by the competent court in Vilnius, Republic of Lithuania.
  3. If any provision of these Regulations is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.