Source documents for accounting transactions A company’s everyday activity can involve various transactions, such as the purchase or sale of goods or services, payments to staff, receiving or granting of loans, payment of taxes, penalties and loan interests. In accounting, any commercial action by a company is to be duly formalized as a bookkeeping entry….

There are many ways for an entrepreneur interested in moving to Estonia to achieve their goal and make the move: a startup visa, exclusively for startup entrepreneurs, a D-visa for long term stays, which is most suitable for students, and a temporary residence permit, for those who see themselves living in Estonia more permanently than…

Electronic trade In recent years, electronic trade has gained widespread acceptance and currently includes: Online sales of physical goods and services, as well as sales of digital products (downloadable music, e-books, downloaded virtual products, and games); Electronic banking and insurance services; Online auctions; Electronically supplied telecommunication services; Remote development and servicing of programs and equipment;…

Alongside a legal address requirement, since 15th January 2018, all Estonian companies whose management board members are located abroad must appoint a contact person in Estonia. Who and what is a contact person? Commercial Code §  631. Contact person in force from 15th January 2018 (1) An undertaking, including a foreign company that has a…