Estonia VAT rate and quick registration
This Article Covers VAT Registration in Estonia This article is intended for legal entities and sole proprietors planning to conduct business activities within Estonia VAT. Value-Added Tax (VAT): General Provisions VAT is an indirect tax applied to the sale of goods and services within Estonia. All companies operating in Estonia must register as VAT payers […]
Company Registration in Estonia and Tax-Free Money Withdrawal
Company Registration in EstoniaCompany registration in Estonia provides access to the benefits of the local tax system and opportunities for cost optimization and accounting services. What Expenses Are Taxable? Let’s examine various money withdrawal options, from the most taxed to completely tax-free ones. Taxes in Estonia for Fringe Benefits The concept of fringe benefits is […]
What to check before signing the contract
Good afternoon Friends! Posted a checklist for free access on our FPRO website: “What to check before signing the contract”
Top 8 mistakes in registering a company in Estonia
How do I open a business in Estonia?And don’t make a mistake. Find out what you should pay attention to to save your money, time and nerves when working in the Estonian market. So, the errors are: 1. Choosing the wrong company name Mistake number one is choosing the wrong company name. I’ll start with a […]
E-commerce taxes on online sales.
E-commerce taxes on online sales will become easier! Starting from July this year, e-shops will be able to conveniently declare and pay turnover tax for cross-border transactions through a single window. Therefore, the Tax and Customs Department (STD) invites e-shops engaged in remote sales of goods to take courses to familiarize themselves with the new system. […]
6 EU Anti-Money Laundering Directive
The sixth European Anti-Money Laundering Directive (Directive (EU) 2018/1673 on combatting money laundering by criminal law – 6AMLD) was adopted on 12 November 2018. This Directive complements the Fifth Anti-Money Laundering Directive (5AMLD), which was adopted in the same year. EU member States were required to harmonize their national AML/CFT legislation under the 6AMLD provisions by the […]
Open an account with a bank or payment system
Open an account with a bank or payment system To open an account with a bank or payment system, you need to understand the difference between the requirements of these financial structures. A 100% bank account provides an opportunity to conduct business all over the world and use the bank’s financial instruments. Because any bank provides […]
Minimum wage in Estonia 2022
Minimum wage In 2022, the gross minimum wage rate is 654.00 euros per month and 3.86 euros per hour .The net payment depends on the following conditions — – whether the employee has stage 2 pension insurance – whether or not the employee has submitted an application to the employer for accounting for the minimum […]
Tax for personal use of the car
Tax for using the car for personal purposes or a special benefit for the car The tax for using a car for personal purposes as of 01.01.2018 owned or owned by an employer, for work, performing official or official duties, or for non-commercial activities is 1.96 euros per unit of engine power (kW). The car must […]
Attention! We urgently need to make changes to the commercial register by 30.10.2018
Until October 30, members of the management boards of all companies are required to declare in the commercial register the data of the actual beneficiaries of their companies. You will need to provide: For not providing data or providing incorrect data: