Accounting Requirements in Estonia
Read about the mandatory requirements for accounting in Estonia and learn which companies are obligated to do accounting every month.
How to add beneficial owner information of an Estonian company
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.
How to register a company in Finland remotely?
Opening a company in Finland can be done fully remotely with the help of 1Office Finland is a great destination for your business. The business environment is very stable, and it is part of the Nordic ecosystem. Additionally, Finland has a very good flight connection with Asia. It is also very safe to do…
UK tax system going through a change: Making Tax Digital for VAT
The UK government and HMRC have the ambition to become one of the most digitally advanced tax administrations in the world. As of today, every individual and business in UK already has access to their own personalized digital tax account. The personal tax account can be found in gov.uk website and you need to have…
How a company with multiple founders and a physical product can benefit from e-Residency
The general opinion is that Estonian e-residents are digital nomads, one-man companies who only work online and are traveling the world at the same time. Very often this is the case, but there are many exceptions. Let us introduce one of them here. Owners living in Greece and UK, company with several founders and selling…
Banking for location independent companies (example of Estonian e-residents)
One question that our clients have with establishing companies outside their home country, is the same in all our 6 markets: “Can you help us with opening a bank account?” Today we are covering the topic from the point of non-resident companies established in Estonia. Probably you have heard about e-residency and how it allows…
Reasons to consider starting business in Lithuania
Many entrepreneurs from foreigner countries are interested in Europe as a business environment, but how to choose the exact country to start your business in? In this article we highlight Lithuania and bring out the reasons making Lithuania stand out. Lithuanian government has a strong emphasis of creating new jobs and therefore they are happy…
Latvia attracting investors with innovative start up law
Already since January 1, 2017 there is a law in place in Latvia attracting investors with several advantages to start-up companies. It is unique in Europe and allows to efficiently grow venture capital investors’ money in young Latvian start-ups. The adopted law creates a special tax regime for start-up companies in Latvia and the first…
Legalization of location independent company set-up
Estonia’s government in connection with the e-residency project has implemented several amendments to Estonian legislation. The latest amendment coming into force from 15th of January 2018 unties the location of the company from the location of the management and allows to run an Estonian company completely from abroad. Currently both – the company and its management…
International taxation of an Estonian company in a nutshell
In today’s world, most of the business is international. This means that the tax rules of several countries should be considered. It can be a little difficult at the beginning and it makes sense to get a tax consultation before making any decisions, but in this article we answer some of the questions our clients…