Estonia is in the midst of tax reforms. Hence, it is good to know what will change from 2025 and how it might affect your actions in Estonia. Changes that have already been passed into law but are yet to come into force A) Income tax The income tax rate will increase from 20% to […]
Publication / Dr Kaido Künnapas / Geenius / Raamatupidamisuudised / RMP
The Estonian Government is planning to introduce a 2% annual income tax for natural persons and companies, payable in quarterly payments and all wrapped in a nice package as the “defence tax”. Besides the cost of the tax, it might cause cash flow and solvency issues for many people and companies. Therefore, as the first […]
We invite you to review the latest amendments to labour laws adopted in October, which are relevant to businesses. Most changes will take effect on 1 January 2025, although some are already in force. New rates of overtime pay and other changes From 1 January 2025, overtime on public holidays during the night must be […]
Assistant lawyer Nikola Cīparsone compiled the material. ESG Council gives final green light to strengthen standards in the EU – air quality Adopted: 14 October 2024 The Council has formally adopted a directive setting updated air quality standards across the EU. These new rules are expected to contribute to the EU’s objective on zero pollution by 2050 […]
It is commonly known that in order to live and work in Lithuania a foreigner who is a third-country national must first obtain the corresponding residence permit in Lithuania. In certain cases, a decision from the Employment Service confirming that the foreigner corresponds to the Lithuanian labour market needs is also required. It is often […]
