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 rate for 2014 at the current level. From January 1st 2014 the minimum wage is 2.13 Euros per hour and 355 Euros per month full…
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 offices of various sizes and several meeting rooms. Allocated workspaces in an open office are also available. 1Office has formerly provided office premises on the…
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, minimum wage in Estonia has been 320 euros pursuant to the resolution of the government on 10 January which approved the previous such agreement entered…
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 four years. Raising the payment rate does not concern people who were born between the years 1942-1954 and who submitted an application in the fall…
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 The Estonian Employers’ Confederation signed on 21st of December 2012 an agreement, which stated a new minimum gross monthly salary of 320 euros in effect…
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 Estonian Trade Union Confederation and The Estonian Employers’ Confederation signed an agreement on 21st of December 2012, which stated a new minimum gross monthly salary…
The deadline for submitting annual report 2011 is 30th of June 2012 The annual report must be submitted to the Commercial Register within six (6) month after the end of company’s financial year. For the companies who use calendar year as financial year, the deadline is 30th of June 2012. We ask you to contact…
From the beginning of January there is a possibility to see and print out the company’s registry card in English. This helps to save time and money which before was spent on the translation services and notarial authentication. The Estonian Minister of Justice Kristen Michal comments that the further development of e-Business Register in order…
ANIMAL spirits have long been soggy in the European Union, but they are thriving in one of its smallest countries. World Bank figures show that registrations of new limited companies (the commonest kind of start-up and a good indicator of entrepreneurial vim) were down by 12.1% in the EU in 2009, the latest year for…
Starting from 01.01.2012 there have been some changes in the Commercial Code. The most significant change entered into force from 01.01.2012 is a requirement, that the person has to submit to the registrar specific data concerning one’s address and the person who is not a subject of the Estonian population register has to submit his/her…