Low tax jurisdiction
Ease of doing business
Political and economic stability
Low cost of doing business
Ease of communications and travel
Equal treatment and protection of investors
Why has Estonia, this small country by the Baltic Sea, attracted so much attention in the business and digital innovation fields these past years? The keyword for business in Estonia is ‘simplicty’, some of it has been deliberate development and some just favourable conditions.
Since our independence in 1991, business in Estonia has largely reoriented from the east to the west. Long before joining the EU, Estonia adapted its legislation and business procedures to conditions in Western Europe. Businesses introduced Western accounting systems, gained Western quality certificates and, most importantly, Western business contacts. The new millenium has taken the country even further.
Let’s say you’re interested and doing business in Estonia seems like the chance of a lifetime. What should you do next? Start off with this handy overview of regulations and processes that you need to know in order to start a business in Estonia.
For specific questions about bringing your business to Estonia, contact us!