Nowadays, no one is surprised that companies at any time need foreign employees who can provide their services cheaper and faster than local companies. That is why in recent years more and more electronic services have been ordered by Estonian companies from freelancers all over the world. How to properly deal with them, so that everything is done correctly and there are no additional tax requirements from Estonia?
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Who is an Estonian company suitable for?
Estonia is an attractive country for doing business. Many businessmen and freelancers decide to register their company here for an easy, fast and fully electronic way of doing business. Who is suitable for doing business through an Estonian company, and who is better off thinking about another jurisdiction or registering a company in their own country?
Which invoices and cheques can be offset against value added tax?
There are two different views among accountants in Estonia about which invoices and cheques can be offset against value added tax. The first group of accountants believes that on any expense account or cheque it is sufficient to write the company details by hand. The second group believes that the invoice or cheque should contain the details of the client's company on the supplier's side.