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.
Debunking Myths: How and When Are Non-Residents' Salaries Taxed in Estonia?
The issue of taxing non-residents' salaries in Estonia holds a significant place in financial planning for both employers and employees. Correctly understanding the conditions under which a non-resident's salary is subject to taxation in Estonia helps to avoid mistakes and financial losses.
Smart Financing: How to Invest Wisely in Your Estonian Startup
At the outset of their journey, every entrepreneur grapples with the question: how to attract funds to their company for a successful launch and growth? Thanks to its appealing business environment and forward-thinking tax regime, Estonia presents entrepreneurs with a variety of financing mechanisms.
Secrets of special benefits: what are they and how not to pay extra taxes?
Introduction In the current crisis economic environment in Estonia, entrepreneurs face many challenges, one of which is the efficient management of tax liabilities. One important aspect that deserves close attention is the concept of special privileges (Erisoodustus). In this article we will take a closer look at what special privileges are and how they are regulated by Estonian legislation.
Home Office: Secrets of Tax Benefits and Expense Reimbursements for Entrepreneurs
In recent years, running a business from home has become increasingly popular, as it allows for savings on office space rent and related expenses. However, many entrepreneurs may wonder which expenses can be accounted for within the home office and how they should be documented. In this article, we will discuss the main aspects related to expense reimbursement and taxation within the home office.