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BUSINESS IN ESTONIA
Estonian economy has become highly competitive and it supports big international companies as well as newly established start-ups. In recent years Estonia has become the…
Navigating Leadership in the Baltics: Povilas Sadaunykas’ Journey
Povilas Sadaunykas has been at Leinonen for a little over a year but has already made his mark. In this interview, we discussed his dynamic…
WHETHER YOU NEED AN EMPLOYEE OR A SERVICE PROVIDER – COMPARISON OF EMPLOYMENT CONTRACTS AND SERVICE CONTRACTS IN ESTONIA
In order to perform the work, it is possible to enter into different agreements between the person who performs the work and the person who…
HAVE THE REQUIREMENTS FOR THE APPROVAL OF YOUR COMPANY’S ANNUAL REPORT BEEN MET?
Pursuant to the legislation in force in Estonia, the submission of an annual report is mandatory for all Estonian accounting entities and the annual report…
Avoiding the Most Common VAT Mistakes in Estonia
Value added tax (VAT) is a consumption tax applied to goods and services used in European Union (EU) countries. Most goods and services are subject…
Managing Cross-Border Payroll and tax in Estonia
If you are planning to establish an Estonian base for your foreign company, cross-border employment may become commonplace. Having a combination of local and foreign…
All you need to know about e-invoicing in Estonia
Since 2020, only e-invoices can be sent to Estonian public sector organizations. Now the government plans to go one step further and oblige all businesses…
BALTIC TAX RATES FROM 1 JANUARY 2024
Estonia Latvia Lithuania Corporate income tax (CIT) rate CIT is payable upon profit distributions (the deemed profit distribution). CIT rate is 20%, calculated as…
Employee’s rest period – important information for employer
On 2 March 2023, the European Court of Justice delivered a judgment in Case C-477/21, which impacts primarily Estonian employers whose employees work in shifts. According to the…