Navigating the UK tax system can be complex—especially for entrepreneurs, small business owners, and freelancers who are managing accounting and compliance responsibilities on top of running a business. To help simplify the process, this blog post provides an up-to-date overview of how the UK tax system works as of July 2025. From VAT and corporation…
A holding company, also known as a parent company, is primarily established to own shares in other companies. Unlike traditional operating companies, holding companies usually do not produce goods or services themselves. Instead, their primary function is to control or manage other businesses’ assets and operations.
E-residency: explaining the functioning of e-residency in Estonia Estonia launched its groundbreaking e-Residency program in December 2014, allowing non-residents around the world to apply for a secure digital identity issued by the Estonian government. A digital identity card (digital-ID) allows to use Estonian public and private services, digitally sign documents and encrypt files with a…
Read about the mandatory requirements for accounting in Estonia and learn which companies are obligated to do accounting every month.
All Estonian companies are obligated to submit the data of the person who benefits from the company’s activities’, or so-called
beneficial owner, in the Estonian Business Register. Submitting the data of the company’s beneficial owner is mandatory due
to the updates in the Money Laundering and Terrorist Financing Prevention Act. The new requirement is in force from 10 March 2020.
Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
Selling shares in Estonia requires careful navigation of legal procedures to ensure a smooth and compliant transaction. E-residents can handle share transfers remotely via the e-Notary system, while non-residents may need to participate in person or through a power of attorney. In this article, we’ll explore the key requirements, associated costs, and steps for updating the Business Register after a share sale.
Hiring employees for your Estonian company can be straightforward, involving just the signing of a contract and registration with the tax office. However, if you seek talent from outside the EU, the process might require additional steps.
E-commerce has revolutionised the way businesses operate, offering unparalleled access to global markets. Estonia, with its advanced digital infrastructure and business-friendly environment, is an ideal location for setting up and running an e-commerce enterprise. Known for its innovative e-government initiatives and widespread internet connectivity, Estonia provides a robust platform for online businesses to thrive. The country’s streamlined processes for company registration and efficient digital services make it easier for entrepreneurs to establish and manage their e-commerce ventures. In this dynamic landscape, Estonia stands out as a hub for digital commerce, offering numerous opportunities for growth and success. We met with Mr Zhu Tiezhong, an entrepreneur actively involved in e-commerce, to discuss his activities and future plans.