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.
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.
The deadline for submitting the Estonian annual report is approaching quickly. The annual report gives information about the company’s progress in the past financial year. This information is public and can be accessed by anyone. Firstly, an Estonian annual report is mandatory and required by the law. As Estonia has a very transparent business…
This is a guest post by Neat. The banking sector has not always been supportive to SMEs. Financial tools that are readily available to corporates are rarely as accessible for young or small businesses – and sometimes that can present a roadblock to entrepreneurs that want to expand their businesses worldwide. Let’s take a…
We are glad to announce our brand new partnership with international business account provider Neat. And what’s even better – we have added Neat to our Company Formation Portal in both Estonia and the UK. This is something unique as Neat will only accept Estonian companies that come through 1Office. Therefore, it’s a perfect opportunity…
The Coronavirus pandemic has led to a global lockdown and has affected businesses in every industry and of every size. Therefore, now is a good time to have an in-depth look at your opportunities. Large businesses are putting members of their workforce on unpaid leave, while small or medium enterprises are laying off employees.…
Taking into account the situation regarding the spread of Coronavirus, we would like to let you know that 1Office Group will continue working as usual, but from distance. The only change in our work is that our offices will be physically closed from 17.03 to limit the spread of the virus and to protect our employees and clients.…
Being able to work remotely and have a location-independent lifestyle is becoming increasingly popular and commonplace. People do not necessarily need to be at the office all-day, every-day and multiple studies have shown that remote workers can perform equally well, if not better than their counterparts. Working location-independently minimises costs, increases productivity and also leads…
Tim Schnoeckelberg, a German citizen focused on e-commerce selling, especially over Amazon has been an e-resident & 1Office client for over 2 years now. 1Office interviewed him recently to learn more about him & why he chose to use e-Residency & 1Office to grow his e-commerce business. 1Office: Hello Tim, it is nice…
Challenges of the new trend Remote work is steadily on the rise. It is estimated that there will be 1 billion digital nomads worldwide by 2035. Switching to remote mode gives companies access to global talent pool, helps to increase retention rate, and save some operational costs. However, it is not always easy to…