Estonia is one of three Baltic States located on the east coast of the Baltic Sea. Estonia is a democratic republic with the largest city being the capital Tallinn.
Estonia joined the European Union in 2004 which subsequently lead to an increase in foreign investment. Prior to the global recession in 2008-096 Estonia had one of the fastest growing economies in the EU however since the recession the economy has contracted. Regardless of this fact Estonia is still a very sound proposition and a good platform for emerging new growth. Estonia has seen an increase in GDP since 2010 with an increase in of 3.3% in 2011.
Historically Estonia’s trade was tied to the Eastern Europe however since becoming an EU member and due to the fact that Estonia has a very liberal business agenda with little bureaucracy, it has refocused its trade from East to West and turned itself into a vital trading link between the CIS, Russian and Western Europe.
Key benefits of Estonia:
- Good geographical links with excellent links to both Eastern and Western Europe
- Stable political environment with EU and NATO membership
- Estonia’s openness to business has been globally recognized. The Heritage Foundation ranked Estonia 14th in their Economic Freedom Index of 2011. The World Bank ranked Estonia 17th in its ‘Doing Business 2011’ report.
- OECD member
- Liberal, western business culture with English and Russian widely spoken
- Existing links with Russian and CIS markets and Western Europe enable companies to trade easily
- Highly developed banking system with most Estonian Banks being run by Swedish, Norwegian or Finnish banking institutions.
- Relatively low corporate tax rate of 22%
- A young, well educated, innovative and competitive labour force
- Estonia ranks highly with regards to economic freedom, democracy, press freedom, political freedom and education.
Estonia provides the perfect climate in which to incorporate a company. Please contact us if you require our Estonia Fact Sheet and Fee Schedule.
Cyprus vs Malta: Tax & Investment Considerations
Malta and Cyprus undeniably have the most favourable citizenship by investment programmes in Europe. Many individuals are using such schemes as a means of significant wealth protection and gaining dual nationality; while smaller economies within the EU receive financial compensation for the privilege.
How the Cyprus Passport Scheme is Really Affecting Banks & the Economy
When Cyprus’ fiscal and banking crisis culminated in the March 2013 bailout agreement, President Anastasiades’ government decided to help the economy return to growth as early as possible by giving the construction sector a boost throughout 2014; avoiding unemployment rates sky rocketing to an all-time high of 20%. This also included a number of supply and demand boosting measures to the Cyprus property market.
European Commission Under Pressure to Crack Down on Golden Visa Schemes
Berlin-based non-governmental organisation Transparency International are putting pressure on the European Commission to create plans to allow for reporting and full disclosure of all passport schemes of member states that allow foreign investors to acquire either EU citizenship or residence permit.
Demand Generation Marketing for Medium-Large Companies: 100 - 1000 Clients
Demand Generation marketing efforts refer to the various marketing approaches companies of different sizes and stages of commerce need in order to drive attention, interest and retain clients. Essentially what turns a start-up to a sustainable large business that may have even have grown internationally.
Demand Generation Marketing for Small-Medium Businesses: 10 – 100 Clients
Demand Generation marketing efforts refer to the various marketing approaches companies of different sizes and stages of commerce need in order to drive attention and interest in products & services, to acquire clients. Essentially what turns a good idea into a sustainable business.
Demand Generation Marketing for New Businesses: 0 - 10 Clients
Demand Generation marketing efforts refer to the various marketing methods companies of different sizes and stages of commerce require in order to drive attention and interest in products & services, to acquire clients, essentially what turns a solid proposal into a sustainable business.
The Investigation of a Cyprus Company's Affairs: Application of the Law & Effectiveness
At the request of a Cyprus company’s Shareholder, where it is proven that a more comprehensive investigation is required regarding a company’s activities, the court can issue a declaration of investigation by an inspector appointed by the Cyprus Council of Ministers. The discretion of the court must be applied carefully; as such an order can heavily impact a company and depending on the outcome of the investigation, can be a severe measure that deviates from fundamental principles of Cyprus company law.
UK: The Current Problems with Money Laundering & the Violation of Anti-Money Laundering Regimes
The fact that money can be transferred from one jurisdiction to another means, that money laundering as a concept involves the entire modern world. Money laundering is a process during which the origin and purpose of payments are hidden and typically has three stages.