With the development of the digital economy, digital services and their taxation are becoming increasingly important. In Estonia, as in other EU countries, there is a taxation system that regulates the provision of such services both within the country and beyond its borders. In this article, we will explore what constitutes a digital service.
All About Taxation in Estonia: Common Services and Their Taxation
What Are Common Services from a Taxation Perspective? Common services, from the perspective of Estonian legislation, are services that are subject to value-added tax (VAT) according to the so-called general rule.
All About Taxation in Estonia: Intangible Services and Their Taxation
Taxation of intangible services is an important aspect that requires the attention of entrepreneurs and accountants in Estonia. In this article, we will review the main principles and VAT rates applicable to the provision of intangible services both within the country and abroad.
Loan from the Owner to the Company: Secrets, Pitfalls, and Restrictions
Conducting business in Estonia opens numerous opportunities for company owners to finance their companies. One such opportunity is issuing a loan to their own company. However, it is essential to remember that the loan process is regulated by law and has its own specificities. In this article, we will explore how an owner can issue a loan to their company and why the reverse process – receiving a loan from their company – is impossible under Estonian law.
How can a startup avoid tax issues when launching sales of digital products in the EU market?
When launching a business focused on selling digital products in the European Union countries, startups face a number of tax obligations. Special attention should be paid to VAT taxation rules, as they significantly differ from the rules applied to traditional goods and services. One of the key points is the threshold of 10,000 euros for the single European market, which, when exceeded, requires Estonian startups to obtain an Estonian VAT number to use the OSS system.