News
Changes in imposing a penalty for late payment and collection costs in Estonia
Now, an obligee may demand a penalty for late payment from an obligor at the rate specified in § 94 of the Law of Obligations…
Industrial production in Estonia grew in March 2013
In March the production in manufacturing increased by 5% compared to the same month of the previous year. Among the branches of industry holding larger…
Estonia in Figures for 2013
BUSINESS TRIPS 2012 2013 Daily allowance abroad (max. tax-exempt) 32 EUR 32 EUR Accommodation expenses in Estonia (max. tax-exempt) No maximum limit No maximum limit…
Finnish companies will get an access to the credit information of Estonian companies
In cooperation between Krediidiinfo AS and Suomen Asiakastieto Oy, a Finnish credit information company, Finnish companies will now gain access to the credit ratings of…
Signing of annual reports in Estonia
According to the Estonian Accounting Act amendment the annual report can be signed by one member of the management board only. Confirming of the annual report is…
OÜ Leinonen has achieved ISO 9001:2008
OÜ Leinonen, our accounting company in Estonia, achieved ISO 9001:2008 certificate of quality by Bureau Veritas. This certificate assures high quality standards of accounting services and customer…
New manager in Tallinn office from the 1 July
New head of Leinonen Tallinn office is Tomi Bosnjak. Tomi Bosnjak is Master of Economic Science, graduated from Johan Wolfgang Goethe Universität, Frankfurt am Main.…
Adjustments in Estonian companies share and stock capital
The law insists that share and stock capital must be converted to the euro in Commercial Register. Thereby ensuring that shareholdings are retained in their…
Estonia is going to join the euro area January 1, 2011
General information The euro will be adopted according to the “big bang” scenario, which means that money will be exchanged into euros on the €-day…