News
New evidences while transporting goods to other EU countries
We would like to inform you that from January 1, 2020 the Council Implementing Regulation 2018/1912 amends the provisions of Regulation 282/2011 regarding the evidence for the…
Ready for the year? Brief overview of tax changes that took effect in 2020
The tax consultancy team of Leinonen summarises dome of the most important tax changes that took effect in 2020. Taxes on salaries and wages The…
As of 1 July 2019, the public sector will accept only electronic invoices.
On 20 February 2019, the Riigikogu passed the Accounting Act Amendment Act that establishes the procedure for invoicing the public sector and the transition to…
Lowered tax rate of dividends – 14%
If an Estonian company has distributed their profit to dividends, the preferential tax rate of 14% (14/86 of the net sum of the dividends) will…
CONTRACTUAL PENALTY FOR FOLLOWING THE OCCUPATIONAL HEALTH AND SAFETY REQUIREMENTS AS A NEW MEASURE FOR THE EMPLOYER
5,128 occupational accidents were registered in 2018 according to the preliminary statistics published by the Labour Inspectorate of which 10 were fatal. An occupational accident…
The amount of data entered in the employment register increases – does it also mean the increase of administrative burden for businesses?
Therefore, starting from 01.01.2019, it is extremely likely that the tax payer will have to enter more data to the employment register than before. The…
The Estonian e-Residency and business in Estonia– myths vs. reality
We at Leinonen OÜ have provided accounting, legal and tax services for many e-Residents for many years. During those years, we have come across several…
Requirement for submitting the information of company’s beneficial owner to the Commercial Register
The beneficial owner is the natural person who ultimately owns or controls a legal person through direct or indirect ownership of a sufficient percentage of…
On 1st of October 2018, the taxation of immovables under the Value-Added Tax Act will change
The amendment introduces two important changes. Under the current Value-Added Tax Act, transfer of an immovable or its part is treated as exempt from tax,…