Finland and Estonia to unite ID-card software
The new version of the Estonian ID-card software now supports the ID-cards of Finnish citizens. This union guarantees convenient information exchange between the authorities of the two countries and the…
Single Euro Payments Area includes Estonia
Estonia started operating within the Single Euro Payments Area (SEPA) on February 1st, 2014. Reasons for its acceptance were gaining the advantage of an integrated market and simplification of payment…
Additional fees for working on public holidays
Bank holidays this year are from Tuesday to Thursday, December 24th-26th. Working on a bank holiday is based on an agreement between the parties and for double wages. Unlike for…
Declaring transactions of 1000 Euros
Estonian President Toomas Hendrik Ilves blocked on 18th of December 2013 an amendment to the Estonian Value-added tax act – which would require all transactions greater than 1,000 euros to…
In 2014 the minimum wage will be 355 Euros
On the 28th of November the Government of the Republic of Estonia decided to raise the minimum wage for 2014 and 2015. The Government also confirmed the unemployment insurance tax…
1Office opens a new office hotel in Tallinn
In November, 1Office will open a new office hotel in Tallinn city centre, on the fourth floor of Foorum Centre. The new office hotel to be open contains 12 private…
Minimum wage is raised to 390€ by 2015
On 19 September 2013, Estonian Employers’ Confederation and the Estonian Trade Union Confederation agreed minimum wage increase by 35 euros both next year and the year after that. This year,…
Funded pension payments change in Estonia
From the 15th of May to 15th of September this year, Estonian banks are accepting applications for raising the payment rate for the mandatory funded pension payments for the following…
New minimum salary in Estonia is 320 euros
New minimum gross monthly salary in Estonia is 320 euros. Estonian government approved the new minimum with its decree yesterday 10th of January 2013. The Estonian Trade Union Confederation and…
Estonian labor tax rates 2013
New minimum gross monthly salary of 320 euros is not yet approved Minimum gross monthly salary is still 290 euros, until the government approves new minimum with its decree. The…