Estonia is a leading country when it comes to using technology in various administrative sectors, namely blockchain that is used is most of the government services. However, blockchain can also be used by private investors who can set up other types of business in Estonia, such as launching initial coin offerings or ICOs. In this article,…
Two of the types of activities that can be completed in the fintech sector are the electronic money issuance and the provision of payment services. These correspond to the Electronic Money Institution (EMI) and the Payment Services Provider (PSP) and Estonia is one of the first European countries to acknowledge their importance. If you…
Estonia is one of the most prolific economies of the European Union thanks to the recent innovations enabled by the government, such as the e-residency program, which enables foreign investors to open companies here without coming to the country. The taxation in such cases will apply to the company registered here,…
Starting a business in Estonia has become very profitable since the government has introduced various programs under which foreign and local entrepreneurs benefit from advantageous conditions for doing business and an easy company incorporation procedure. Among the types of businesses which can prove very successful in an emergent economy such as Estonia, a consulting…
Numerous fast moving consumer goods (FMCG) have a low shelf life, either because of the consumer demand or due to the fact that the goods deteriorate quickly. Certain FMCG, like fruits, meat and vegetables, are extremely perishable. Others, such as toiletries, alcohol, pre-packaged foods, candies, chocolate and so on present longer turnover rates.…
The food industry in Estonia is one of the most developed industries in production volume in the country, with a favorable environment for consumers since 2016. In this article, our Estonian company formation consultants analyze certain important aspects concerning setting up a fast food restaurant in Estonia. Requirements for a fast food in Estonia Fast food businesses in Estonia are…
Estonia is a Nordic state with a developed and stable economy. There are numerous foreign investors looking to open a transportation company here. In order to undertake activities in this sector, foreign entrepreneurs have to obtain certain licenses or permits. Our Estonian company formation specialists are ready to provide further details regarding these transportation licenses and permits…
Entrepreneurs who are carrying out business activities in Estonia are allowed to change the legal entity under which their company is working at the moment, in accordance with the rules and regulations imposed by the local authorities. In other words, when opening a company in Estonia, the business is not required to be maintained under the same legal…
The .ee domain name in Estonia The Estonian Internet country code top-level domain (TLD) is .ee. The code falls under the administration of the Estonian Internet Foundation and was first enabled in 1992. The TLD was relaunched in 2010 when private individuals were also granted access to register domains under .ee. Nowadays, foreign citizens or companies operating in Estonia are also allowed…
Foreign entrepreneurs who want to open companies in Estonia have various choices when it comes to choosing the structure of their future business. One of the simplest ways of starting a business in Estonia is by registering a sole proprietorship or sole trader (FIE). This business form is available for single company owners and come with…
