1. Don’t throw away your tax benefit! As of 1 January 2015, an amendment to the Estonian Income Tax Act takes effect requiring legal persons to declare all past circumstances that may affect their income tax liability in the future. The deadline set for declarations is 10 February 2015. Absolutely all entrepreneurs have circumstances that […]
Currently, residents of Estonia can perform most of their transactions digitally using their Estonian ID card. For example, an ID card allows the following from anywhere in the world through the internet: to securely sign documents digitally, to establish an Estonian company within an hour, register changes and actively participate in company management, to make […]
Publication / Alexey Anischenko, Marina Golovnitskaya
Dear clients and cooperation partners, Belarusian healthcare legislation is currently undergoing substantial changes. The reform primarily concerns circulation of pharmaceuticals but also touches upon other issues in the field of medicine and healthcare. The ongoing changes may be interesting for both patients and the business community. Below we offer a review of some changes to […]
Publication / Dr Kadri Härginen, Karin Madisson, Triin Toom, Edvīns Draba, Zanda Frišfelde, Aurelija Daubaraitė, Algirdas Pekšys, Mantas Petkevičius, Vytautas Sabalys, Simona Stančiukaitė, Agnietė Venckienė, Alexey Anischenko, Marina Golovnitskaya
“Doing Business 2015: Going beyond efficiency” is the 12th in a series of annual reports providing objective measures of business regulations for local firms in 189 economies. It ranks the economies in 11 areas of business regulation, such as starting a business, paying taxes and resolving insolvency. Sorainen contributes every year to the World Bank’s Group […]
1. Taxation of company cars changes As of 1 December 2014, amendments to the Estonian Value Added Tax Act (VATA) on taxation of vehicles take effect. Instead of the current 100% input VAT rate, entrepreneurs can now deduct only 50% of input VAT on purchase and use of a car under an operational lease as […]
