News
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,…
Minimum requirement for paying the social tax 2018.
As a rule, the employer pays the social tax for the employee or the official in the extent of the monthly remuneration but not less…
Leinonen Belarus is now open for business in Minsk
Our Minsk office is brand new and fully owned by our parent entity Leinonen Group, and offers the same high-quality accounting, payroll and advisory services…
The absence of a fringe benefit does not automatically give rise to the right to subtract input VAT
An amendment concerning the deduction of input VAT was also made to the Value Added Tax Act (VATA) in relation to the amendment of the…