Challenges of the new trend Remote work is steadily on the rise. It is estimated that there will be 1 billion digital nomads worldwide by 2035. Switching to remote mode gives companies access to global talent pool, helps to increase retention rate, and save some operational costs. However, it is not always easy to…
Submitting annual report is mandatory for all the companies registered in Estonia, Sweden, Finland, United Kingdom, Latvia and Lithuania. This applies even if the company didn’t have any activities during the financial year. Therefore we have prepared a little overview about the deadlines and prices of annual reports in countries where we operate in. Annual report deadline and…
Holidays are coming and therefore we want to let you know that there are some changes in our offices opening hours during Christmas and New Year. Estonian office: Closed on 24.12, 25.12, 26.12 and 01.01.2019. Opened 9.00-13.00 on 31.12. Working regularly (9.00-17.00) on 27.12, 28.12 and from 02.01.2019. Finnish office: Closed on 24.12,…
We have written blog posts about tax rates before put since this information can change and we have recently expanded to Latvia and Lithuania as well, there is quite a lot of new information that we would like to share with you. Our tax consultation team has helped to put together a simple comparison table…
When mentioning digital signing, the first country that everyone thinks of is Estonia. Estonia has digitalized many processes and barely anybody uses written signature anymore. The government has also made access to the digital signing available for everybody through e-residency. But did you know that it is also possible to sign documents digitally in Latvia?…
Already since January 1, 2017 there is a law in place in Latvia attracting investors with several advantages to start-up companies. It is unique in Europe and allows to efficiently grow venture capital investors’ money in young Latvian start-ups. The adopted law creates a special tax regime for start-up companies in Latvia and the first…
Virtual Office services have been popular amongst foreign entrepreneurs for years. It is required to have a local legal address for your business and using virtual office services gives you access to one as well as other perks. In many cases, it might also be reasonable to use these services even while conducting business in…
In 2018 several changes take place in Latvian tax system. Like anything new, the changes in the system will take time to get used to and will initially create more work for accountants. In this article, we bring out the most important changes. In quite many changes Latvia actually follows the lead of its neighbor…
The summer months are known as the “low season” in many industries. It is a perfect moment to take some time off, but also to get ready for the next high season.
In the following article, we will take a look at how employee vacation pay is calculated in Sweden, Finland, Estonia and Latvia.