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…
Setting up your Estonian business with its own bank account details is now much easier with 1Office’s recent cooperation with international money transfer provider TransferWise. Customers can now establish a company, open a bank account and add other necessary services from one place. And all this can be done online and with only few clicks.…
Submitting annual report is mandatory for all the companies registered in Estonia, Sweden, Finland, United Kingdom, Latvia and Lithuania. This applies even if the company didn’t have any activities during the financial year. Therefore we have prepared a little overview about the deadlines and prices of annual reports in countries where we operate in. Annual report deadline and…
We have written blog posts about tax rates before put since this information can change and we have recently expanded to Latvia and Lithuania as well, there is quite a lot of new information that we would like to share with you. Our tax consultation team has helped to put together a simple comparison table…
When mentioning digital signing, the first country that everyone thinks of is Estonia. Estonia has digitalized many processes and barely anybody uses written signature anymore. The government has also made access to the digital signing available for everybody through e-residency. But did you know that it is also possible to sign documents digitally in Latvia?…
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…
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…
Holvi and 1Office cooperation has been discussed between parties for months now and finally we are happy to announce our cooperation with Holvi. Holvi gives you access to business banking with IBAN functionality, which lets you make transfers throughout SEPA region with only a few clicks. Holvi’s business current account has all the payment features of…
Dmitri Jegorov, the Undersecretary for Tax and Customs Policy at the Estonian Ministry of Finance and member of the High-Level Working Party on Taxes at the EU Council, wrote a blog post for E-Residency blog. The original article can be found here. Estonia has a transparent business environment that provides trust to legitimate entrepreneurs.…
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…