Classical and Fintech Banking

Classical Banking VS Fintech Solutions

Estonia, known for its innovative digital society, also has a well-established banking sector that blends traditional services with modern technology. Classical banks in Estonia play a vital role in facilitating financial transactions, supporting businesses, and providing various banking services to individuals. Ultimately, the coexistence of classical banking and fintech presents consumers and businesses with a diverse array of options, empowering them to choose financial services that best align with their preferences, needs, and priorities in today’s evolving digital economy.

Taxes

Overview of taxes in 2024 – Estonia, Finland, Sweden, UK, Latvia and Lithuania

Our tax consultation team has put together a simple comparison table of the primary corporate and personal taxes in Estonia and neighboring countries. These tables are to be considered informative and general. Please note that tax rates can change. In case of further questions, feel free to contact us via email at estonia@1office.coCorporate TaxesEstoniaLithuaniaLatviaSwedenFinlandUnited KingdomIrelandEstoniaVAT…

Company is closed

My company is closed by the government. What next?

In 2023 Estonian government introduced legislation that gave the business register the authority to delete companies in case their owners fail to comply with the legislation. Business register monitors if directors of the company fulfill their legal obligations and if they fail to do so, register may delete the company. Deleting takes place on two occasions:

Company health check

Boost Your Business: Year-End Company Health Check Guide

Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.

Soome maksuregistreeringud

The need for tax registrations in Finland and it’s risks when avoided

Quite often, in our field, we encounter companies that are unaware that certain business activities in Finland require local tax registrations and, consequently, tax and income declarations. It is often assumed that if a company is registered in the European Union, it can conduct business activities in member states without involving other countries’ tax authorities…

Starting a company in Estonia

The Guide to Successfully Applying for a Business Bank Account

Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.