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.
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.