News
PATERNITY LEAVE IN ESTONIA 2020
The amendments to the regulation of paternity leave that will enter into force on 1 July 2020 concern all employers in Estonia. Both the duration…
Taxation of most common marketing techniques used by companies
Smart companies have a very diverse list of marketing measures meant for self-promotion and for ensuring the loyalty of the customer base. The recognition of…
DEFINITION OF BUSINESS SECRETS IN THE LIGHT OF THE NEW ACT
On 17 December 2018 the Restriction of Unfair Competition and Protection of Business Secrets Act (RUCPBSA) has entered into force in Estonia, one of the…
Why should my business outsource accounting services?
Being a business owner or a manager for your company can sometimes mean you are the one keeping an eye on everything. Being responsible for…
As of 1 July 2019, the public sector will accept only electronic invoices.
On 20 February 2019, the Riigikogu passed the Accounting Act Amendment Act that establishes the procedure for invoicing the public sector and the transition to…
Make it or break it – expanding your business abroad.
In the ‘90s when Finland was in recession, Mr. Leinonen stood before a difficult choice – to lay off many of his employees or take…
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…
A very Finnish accounting firm
Leinonen Group was established nearly 30 years ago, the Estonian branch celebrated its 25th birthday last year. Soon the same celebrations will take place in…