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.
Step-by-step Guide for Setting Up My Invoices and Creating Sales Invoices
We have created this step-by-step guide for setting up myInvoices and creating/sending sales invoices through my1Office platform to make it easier for you to get started with creating and managing your sales invoices.
TOP 5 contracts for starting businesses
Congratulations on completing your company setup! Setting up your company in Estonia is an exciting milestone, but it’s just the beginning. As you prepare to open bank accounts, hire staff, and finalise deals with suppliers and clients, ensuring your contracts for starting business are well-prepared and legally sound is crucial. In this article, we provide essential tips and legal insights to help you navigate the contract preparation process successfully, minimise risks, and establish strong business relationships.
My company is closed by the government. What next?
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:
Net Assets – The Financial Position of Your Estonian Company
In Estonian legislation there are few financial management requirements set in place for protection of the creditors. But despite having just a few requirements, failure to comply may lead you to losing your company and paying taxes.
Understanding the role of the Estonian business register
The Estonian Business Register serves as the official repository for all legal entities registered within Estonia. It acts as a central database, providing comprehensive information about businesses, including their structure, ownership, and key details required for legal compliance. This vital resource plays a pivotal role in facilitating business operations, ensuring transparency, and promoting trust within the Estonian business ecosystem. From startups to established enterprises, the Estonian Business Register serves as a cornerstone for business activities, offering a reliable platform for accessing essential information and maintaining regulatory compliance.
Starting a company in Estonia
Welcome to our guide on starting a company in Estonia, a vibrant hub for entrepreneurship in the heart of the Baltics. In recent years, Estonia has gained a reputation as a startup-friendly nation, thanks to its progressive digital infrastructure, favourable business climate, and streamlined processes for company formation.
Changes for UK Businesses: Goodbye Post Boxes!
When you set up a limited company, you have to pick a registered office address. But here’s the news – you can’t use a post box anymore.
Understanding Changes to the Estonian Commercial Code Regarding Share Capital Requirements
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.
Accounting Outsourcing vs. Hiring an Accountant: Top Tips for Streamlining Your Business Finances
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.