The Guide to the VAT OSS for Cross-Border Sales in the EU
The EU introduces a new One Stop Shop (OSS) voluntary VAT scheme that enters into force on 1 July 2021. The change aims to simplify VAT payments for cross-border sales in the EU.
How to add beneficial owner information of an Estonian company
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.
A Guide for New Entrepreneurs: Starting a Business in the UK
Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
How to Grant Access to Services for Your Accountant in Estonia: A Step-by-Step Guide
Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.
Selling Shares in Estonia: Legal Requirements and Procedures
Selling shares in Estonia requires careful navigation of legal procedures to ensure a smooth and compliant transaction. E-residents can handle share transfers remotely via the e-Notary system, while non-residents may need to participate in person or through a power of attorney. In this article, we’ll explore the key requirements, associated costs, and steps for updating the Business Register after a share sale.
How to finance your company: a guide to funding options
There are four generally recognised methods for transferring funds and assets to a company. The right option depends on the purpose of the funds, the company’s needs, and its financial and legal status. In this article, we outline different ways owners can transfer funds to their company and explore options for attracting new investors.
OÜ vs MTÜ: A Comparison of Benefits, Requirements, and Limitations
When deciding between an OÜ and an MTÜ, understanding their differences is important. Both have unique legal structures, benefits, and obligations that can significantly impact how your organisation operates. An OÜ is ideal for profit-driven ventures, offering flexibility and limited liability, while an MTÜ is designed for non-profit activities, requiring at least two founders. In this article, we’ll explore the key pros and cons of each to help you choose the right structure for your goals.
Guide: How to use the KYC Ondato System
Ondato is an advanced KYC (Know Your Customer) system designed to streamline identity verification for businesses. By automating the compliance process, Ondato ensures that companies can securely verify the identities of their clients while meeting regulatory requirements. Read more how to go through KYC process smoothly.
Step-by-step Guide for Setting Up My Purchases and Forwarding Expense Documents
We have created this step-by-step guide for setting up My Purchases and forwarding your expense documents in multiple convenient ways.
Working in Estonia: A Comprehensive Guide
Hiring employees for your Estonian company can be straightforward, involving just the signing of a contract and registration with the tax office. However, if you seek talent from outside the EU, the process might require additional steps.