
News

Why Do Companies Stick with Poor Accounting & Payroll Providers?
For many businesses, outsourcing the accounting and payroll functions helps them simplify company operations whilst being able to take advantage of financial and legal specialists, optimise costs…
Decisions for October – suspend contributions to the second pillar or continue saving up?
When the coronavirus crisis hit in the spring, the Government of Estonia decided to suspend its payments into the second pillar. Before that, the people…
APPROVAL OF ANNUAL REPORTS – NECESSITY AND REQUIREMENTS
In Estonia, the half-year mark tends to be a busy time for local companies and their accountants as this is when six months pass from…
Please be aware that replacing a company car can lead to unexpected taxation
According to the special company car taxation rules in Estonia, the employer’s enabling use of a car (category M1 or M1G) for activities not related…
Have you forgotten to declare the contribution to your Estonian company’s equity?
The long-awaited Supreme Court decision (3-18-989), concerning the declaration of company’s equity on tax return, entered into force on 12.05.2020. In addition, the Supreme Court…
What to keep in mind when storing goods in other EU countries
Storing goods in warehouses located closer to the client gives an advantage to companies trading in goods by facilitating cooperation and ensuring a smoother flow of…
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…
Some new opportunities and obligations for undertakings in 2020
Every new calendar year often brings along changes for people and enterprises in laws regulating their activities. This will also be the case in 2020.…
Call-off stock 2020: fewer obligations for the entrepreneur, more duties for their accountant?
An amendment to the Value Added Tax Act that will take effect next year is related to the sale of goods to a specific buyer…