On 19 September 2013, Estonian Employers’ Confederation and the Estonian Trade Union Confederation agreed minimum wage increase by 35 euros both next year and the year after that. This year, minimum wage in Estonia has been 320 euros pursuant to the resolution of the government on 10 January which approved the previous such agreement entered…
From the 15th of May to 15th of September this year, Estonian banks are accepting applications for raising the payment rate for the mandatory funded pension payments for the following four years. Raising the payment rate does not concern people who were born between the years 1942-1954 and who submitted an application in the fall…
Starting from 1st of January 2013, the income tax in Sweden, applied for companies, is 22%, instead of the previous 26,3%. The old tax rate still applies for the companies which financial year started before the 1st of January 2013. In 2014, the income of Swedish companies for the year 2013 will be taxed with…
New minimum gross monthly salary in Estonia is 320 euros. Estonian government approved the new minimum with its decree yesterday 10th of January 2013. The Estonian Trade Union Confederation and The Estonian Employers’ Confederation signed on 21st of December 2012 an agreement, which stated a new minimum gross monthly salary of 320 euros in effect…
From the beginning of January there is a possibility to see and print out the company’s registry card in English. This helps to save time and money which before was spent on the translation services and notarial authentication. The Estonian Minister of Justice Kristen Michal comments that the further development of e-Business Register in order…
Starting from 01.01.2012 there have been some changes in the Commercial Code. The most significant change entered into force from 01.01.2012 is a requirement, that the person has to submit to the registrar specific data concerning one’s address and the person who is not a subject of the Estonian population register has to submit his/her…
On 26th of October opened 1Office its office in Stockholm. The goal is to provide a full solution, where customers are served with a wide range of business services, starting with their legal entity creation. External partners are mostly used for translation, recruitment, audit and legal services. The office hotel services in the Stockholm office,…
PRESS RELEASE 10th of October 2011 Today a shift in the management of 1Office Group subsidiary in Estonia was made public. New country manager is Ragnar Everest. Ragnar was previously marketing director of Tallinn University of Technology. Ragnar Everest wishes to continue doubling 1Office Estonia turnover annualy, despite complicated political situation in Europe. “Foreign investors still are attracted by Estonian…
Centre of Registers and Information Systems: Estonian e-annual reporting voted best e-government solution of the world The e-annual reporting environment, created by the Estonian Centre of Registers and Information Systems for entrepreneurs to enable filing annual reports electronically, was voted the best solution of e-government category from among more than 460 projects at the global…
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…