Anti-Money Laundering and Terrorism Finance Prevention Act On 27th November 2017 the Parliament of the Estonian Republic ratified a new Anti-Money Laundering and Terrorism Finance Prevention Act (hereafter referred to as AML Act 2017), which now imposes a whole new set of obligations for all companies registered in Estonia, their directors and shareholders. The new…

With its e-residency program, Estonia provides a convenient solution for opening your business online. The e-residency program is aimed at freelancers, digital nomads, internet startups and all other location-independent entrepreneurs and allows access to advantages of doing business in Estonia – 0% corporate tax on undistributed profits, online tax filing as well as an opportunity…

In this article the main reporting requirements and filing deadlines for a private limited company in Estonia are reviewed. The vast majority of EU countries are re-examining their national laws as well as demanding greater transparency from legal entities in respect of their ownership, management and those who can execute control over decision making in…

The Estonian success story of being a technologically advanced country dates back to the 1990s when efficient and digital governing solutions were developed and implemented. Since then its digital infrastructure has continued to develop and mature. At one point it started gaining attention from abroad. Estonia’s e-government solutions have been exported to several countries since…

In terms of economic freedom, Estonia is ranked as one of the best in the world. In the 2016 Index of Economic Freedom (prepared by the Heritage Foundation) Estonia is placed 9th out of 178 countries. The Ease of Doing Business index published by the World Bank (2017) puts Estonia in 12th position. According to…