Foreign nationals having no e-resident card and Estonian citizens having no ID card shall submit an application for registration in the Commercial Register through a notary in Estonia. Set up of [...]
The most common business forms in Estonia are a private limited company (OÜ), a joint-stock company (AS) and a sole proprietor (FIE). OÜ Set up: At the notary or online. Founders: One or several [...]
The cost of accounting services is based on The number of postings (i.e the number of documents, banking transactions, employees); Specific nature of the company’s activities; Time spent on [...]
There are 4 rates of value added tax in Estonia: 22% (standard), 9%, 5% and 0%. The value added tax from the purchased goods and services is deductible from the value added tax payable. The [...]
Minimum gross wage as of January 1, 2024 EUR 820 per month EUR 4,86 per hour Example of Payroll Preparation The amount of all taxes is EUR 333,98 Net wages is EUR 763,18 Employer’s expense [...]
We will be helpful in draft contracts, employment applications, applications for the use of non-taxable amoint in Estonian. We will make an entry in the employment register. We will run payroll [...]
Rates of taxation as of January 1, 2024 1. Taxes on wages 1.1 Taxes withheld from gross remuneration for work of an employee Income tax is 20% Unemployment insurance is 1.6% Pension [...]
Intrinsically, the company’s profits for an accounting period is not taxed. The moment of corporate income taxation is shifted until the distribution of profits, for example, in the form of [...]