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.
Author: DMITRI SCHMIDT
March 5, 2024
Debunking Myths: How and When Are Non-Residents' Salaries Taxed in Estonia?
The issue of taxing the salaries of non-residents in Estonia is crucial in financial planning for both employers and employees alike. Understanding the conditions under which a non-resident's salary is subjected to taxation in Estonia helps in avoiding mistakes and financial losses.
February 8, 2024
Smart Financing: How to Invest Wisely in Your Estonian Startup
At the beginning of their venture, every entrepreneur faces the dilemma: how to secure funding for their company’s successful launch and growth? Estonia, with its enticing business climate and advanced tax system, offers various financing avenues to entrepreneurs. In this article, we’ll explore how to funnel money into your company in the early stages in Estonia, focusing on two primary methods: loans from the owner and capital increase, along with their tax implications and associated costs.
January 8, 2024
Important Update for Employers: Increase in the Minimum Wage in Estonia in 2024
From January 1, 2024, a significant change will occur in the economic life of Estonia: the minimum wage will be increased to 820 euros per month. This increase presents new requirements for the working conditions and wages of your employees. What do you need to know and do?
December 6, 2023
2024 in Estonia: Important tax changes that every entrepreneur should know!
Important changes are taking place in Estonian tax legislation from 2024. If you are doing business in Estonia, here are the key points to pay attention to: Changes to the VAT rate