Tax residency of a company

When does an Estonian company attract tax residency in a foreign country? The exemption from corporate income tax, a special characteristic of Estonia, attracts foreign entrepreneurs to register companies in Estonia. Estonian entrepreneurs in turn are acting more and more actively in foreign countries while trying to retain a minimal tax burden. This is why…

ID-card software of Finland and Estonia

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 fast formation of contracts between companies as well as between single individuals living in Estonia and Finland, and also granting and signing of virtual documents…

Changes in Finnish Taxation

Changes in Finnish Taxation

The Finnish government agreed on March 21st to set new tax rates by adopting the central government spending limits for 2014-2017. The corporate income tax rate will be cut from 24.5% to 20%. The new tax rate is planned to become effective as of 1st of January 2014. This reduction will however be paired with…