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.
Introduction Between 2025 and 2026, the global accounting profession is undergoing a seismic transformation. Catalyzed by rapid advances in AI, the expansion of ESG compliance, and regulatory convergence across Europe, accounting is no longer confined to balance sheets and ledger entries. For service providers like 1Office, which support thousands of location-independent companies, these shifts…
As annual report due dates are approaching, now is the ultimate time to start the process of submitting your company’s annual report. Annual reports are mandatory and required by the law in every country. To make business owners’ life easier and to avoid penalties, we have put together a guide of annual report due dates and prices in different countries.
Have you heard about a small country in northern Europe called Estonia? If so, you are probably already considering starting a company in Estonia.
Introduction: The digital identity revolution In 2014, Estonia launched e-Residency, the world’s first government-issued digital identity for global entrepreneurs. Since then: 125,000+ e-residents from 170+ countries, 35,500+ Estonian companies established, €15 billion+ in total company turnover, ~1,100 new e‑Residency applications monthly. Source: E-Residency statistics. The message is clear: secure, portable digital identity isn’t…
As of 2025, ESG compliance is no longer optional for many small and medium-sized enterprises (SMEs) across Europe. With the Corporate Sustainability Reporting Directive (CSRD) taking effect, the shift toward mandatory Environmental, Social, and Governance (ESG) reporting is now a defining part of doing business in the EU. But where does that leave SMEs? Especially…
We have gathered a list of useful databases to do a background search for an Estonian company when looking for service providers or business partners.
The most important questions that e-Residents have when they want to start a business in Estonia are probably about taxes. Every country has its own rules and regulations about taxes, so you have to do some research before starting a company in Estonia. If something seems unclear or raises questions, then the best advice is to order a tax consultation to avoid any later disappointments with regards to taxes.
Sweden’s business climate is very favourable for foreign direct investments. However, the company formation in Sweden can be quite complicated – but don’t worry, we can help you with starting your journey.
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: