KredEx, the EIF European Investment Fund, and the Estonian Ministry of Economic Affairs and Communications have confirmed an agreement to officially authorize EstFund. The EUR 60 million fund-of-funds will supply backing for various venture capital accounts by which high growth Estonian enterprises may be financed. While the prosperous Baltic Investments Fund has always aimed toward…
Startup Estonia has opened a call for a cooperation program for startups and medium and large enterprises and is waiting for partners offers by the 30th of August this year. The aim of the tender is to enhance the cooperation between experienced enterprises and fresh startups for new innovative solutions to be born in the process….
The Japanese – Estonian Chamber of Commerce (JECC) is a registered non-governmental, not-for-profit association of businesses and individuals that have come together to advance the economic interoperability between Japan and Estonia. JECC was founded in January 2014 in order to offer assistance to connect the Estonian and Japanese businesses, universities and research institutions on a…
The Estonian government approved at 01.12.16 a proposal, made by Minister of Justice Urmas Reinsalu in connection with Estonia’s e-residency project, to repeal the requirement that the management board of a company registered in Estonia must be physically located in the country. The change is to take effect in January 2018. The law will create…
Tallinn Startup Week is a five-day celebration of the entrepreneurial mindset and startup community happening all around the world. From 20th-24th November 2017, some of the most successful startups and startup community organisations in Estonia are opening their doors for the second Startup Week Tallinn with over 15 meetups, workshops, office hours and more from…
Most of the tax offenses in Estonia are due to inexperience, ignorance or inattention of entrepreneurs, but not for the purpose of tax evasion.You have to be responsible for the company mistakes.We collected the most common mistakes of businessmen in accounting and document management to help you to avoid the troubles. 1) The common mistake…
The recent SEC (Securities and Exchange Commission) announcement to consider Initial Coin Offerings (ICOs), as securities could actually be a good thing since it highlights the importance of Initial Coin Offerings(ICOs) as a new viable way to raise funds. It highlights the need for a new regulation. The last 2 months have been spectacular ICOs…
In previous article we have collected the most common mistakes of businessmen in accounting and document management to help you to avoid the troubles.Today we will continue to list the associated TAX mistakes. From 2018 y. enterprise exceed turnover of 40,000 euros per year have to register the company as tax-payer for VAT tax. The…
In this case we will talk concerning chart 48 of Income Tax Regulation about Special Benefit Tax in connection to companies vehicle. Do you know, in which case you can you apply for 100% of VAT return?If you use the car for business purposes, you can refund VAT in full amount by purchase the company…