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,…
Estonia is one of the leading European countries when it comes to new technologies being implemented in day-to-day activities. As such, foreign citizens can even obtain e-citizenship in Estonia at the moment. Foreign investors who want to take advantage of these technologies can set up blockchain companies and operate them in Estonia. If you are…
Estonia is one of the most technologically advanced countries in Europe and the first to introduce the concept of e-residency. This happened because most of the governmental services available for the general population and businesses are online, which means tax returns and various documents that need to be obtained can be done via the…
Initially set up only for book sales, at the present, Amazon.com is a huge online retailing business. In 2013 alone, Amazon shipped 608 million packages, which translated to 1.6 million packages per day. Since 2015, Amazon.com predicted its fulfillment centers were within 20 miles of 31% of the population in the…
The printing industry in Estonia is a modern sector due to the fact that there have been large investments made in it in the last ten years. The capabilities of the industry are able to answer the needs of the local market, therefore the exports represent around 40% of the net turnover.…
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.…
At the present, around 3% of the entire workforce in Estonia is connected to agriculture. Out of the 45,000 square kilometers the country covers, around 21% is farmland and 50% is forest. Estonia has an agricultural industry which witnessed a crucial structural change: the average farm holding has increased by 74% recently. The public and…
Although the overall alcoholic beverage industry in Estonia is declining because of the regulations put in place by the coalition government, the craft beverage producers, especially those activating in the beer and cider or perry sectors, are thriving in the country. In this article, our Estonian company formation consultants present a few key factors which…
So, you have decided to open a sports business in Estonia? Our Estonian company formation consultants can assist you in attaining all the necessary licenses and qualifications to do so. Requirements for setting up a sports business in Estonia When setting up a sports business in Estonia, it is necessary to apply for the…
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…
