Starting from February 1st, 2023, there are some important changes to the Commercial Code. Instead of previous minimum share capital requirement 2500EUR, now there is no minimum capital requirement. As the smallest nominal value of a share is one euro cent, the share capital must be at least one cent from February onwards.
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.
E-residency: explaining the functioning of e-residency in Estonia Estonia launched its groundbreaking e-Residency program in December 2014, allowing non-residents around the world to apply for a secure digital identity issued…
In the following article, we will take a look at how employee vacation pay is calculated in Estonia, Sweden, Finland, UK, Latvia, Lithuania.
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.
Why Annual Report in Estonia Are Essential for Businesses What Makes Annual Reports Vital in Estonia? If you’re running a company in Estonia, there’s one document that holds a…
My1Office app is now available. Now you can start a company from your pocket and manage all my1Office services from your phone.
With a thriving tech startup scene, an array of innovative e-services and a government on a mission to banish bureaucratic red tape, it is no surprise that Estonia is among…
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.
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: