News
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 has an impact primarily on Estonian employers whose employees work on a…
Changes to the Value Added Tax Act as of January 1, 2024 & what the companies should know?
Changes to the Estonian Value Added Tax (VAT) Act have long been a focal point for companies. Starting from January 1, 2024, new regulations will…
Accounting – a crucial link in commerce
Commerce is an important economic sector in Estonia, encompassing various areas of activity including retail, wholesale, export, import, and e-commerce. Estonia’s location in the Baltic…
Understanding Estonian Payroll: Key Topics Unveiled
Payroll management is a critical aspect of any business operation, ensuring that employees are compensated accurately and in compliance with legal requirements. In Estonia, payroll…
e-Residency in Estonia – the electronic assistant to foreign entrepreneurs
Estonia can be a very attractive choice for an entrepreneur to start business. The Estonian government is very supportive of entrepreneurs, the tax system is…
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…
CHANGE IN THE AMOUNT OF PERSONAL INCOME TAX EXEMPT INCOME FROM 1 JANUARY 2023
From 2018 to 2022, the principle of tax exempt income for natural persons applied uniformly – up to 6,000 euros per calendar year and up…
_block.png)
RAPPORT ANNUEL, JAHRESBERICHT OR ANNUAL REPORT – SIGNIFICANT CHANGES FOR ESTONIAN BRANCHES
On 31 December 2021, the provisions of the Commercial Code and the Accounting Act entered into force, which somewhat amended the accounting of branches of…
_block.png)
WHY IS THE ACCOUNTANT ASKING – ACCOUNTANTS AND PREVENTING MONEY LAUNDERING AND TERRORIST FINANCING
The customers of many accounting service providers have probably noticed in recent years that they are being sent ‘Know Your Customer’ forms to fill…