Overall, the business climate in Estonia is characterised as free business and trade in alignment with EU practices. The Estonian legal environment favours entrepreneurship and the entrepreneurial mind-set.
Foreign investors have equal rights and obligations with local entrepreneurs. All foreign investors may establish a company and conduct business in Estonia in the same way as local investors; no restrictions apply.
However, there are certain areas of activity that requires licensing - a registration in the Register of Economic Activities.
Also, governments across the world continue to push ahead with programmes to better protect themselves, tax payers and investors, particularly from the risks associated with money laundering and terrorism financing.
This has created landscape-changing challenges for all businesses. With new regulatory directives coming from EU (anti-money laundering directives , GDPR etc.), even understanding if you are in scope and if so what action is needed by when can be difficult to ascertain.
We provide support, advice and assurance to help you manage your regulatory risks. We help ensure that you identify, manage and control any existing and future regulatory risks.
Our experts have the knowledge and skills to determine the level of compliance of your existing businesses with respect to relevant legal requirements.
In case you have any questions on what licenses your business may need or you are seeking conformance to regulatory standards contact us email@example.com