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Doing Business Guide in the Baltics.
08.11.2018
The Estonian Payment Institutions and E-money Institution Act defines e-money as monetary value that is stored on an e-money device (such as a chip card) which contains a monetary claim against the issuer, as well as fulfils all...
11.06.2018
In Estonia there are two specific licenses that are needed when company deals with cryptocurrencies in a certain way. One of these is the e- wallet license, which is needed when...
29.05.2018
One way to gather cryptocurrency is to mine it, which is actually quite a describing term for it. There are no limits or other restraints to mining cryptocurrency in Estonia. Anyone can mine it, if they want, but there are...
08.05.2018
Because there are no clear law directly concerning cryptocurrency, a preliminary assessment of the tokens would be helpful. Especially if they do not want their tokens be considered as securities. Law firm can give you...
23.03.2018
What about establishing a cryptocurrency in Estonia? Cryptocurrencies in Estonia are becoming more popular. Most new cryptocurrencies are initiated with an Initial Coin Offering (ICO) process. Cryptocurrencies...
21.03.2018
A development of a startup in Estonia is the governmental program for attracting people all over the world to create new business opportunities in Estonia. It is easy to set up a startup company in Estonia...
02.02.2018
Since 2014, Estonia revealed the oppertunityt for alines to become Estonian e-Residents. Estonian e-residency is available to anyone around the world who is interested in starting a business in...
09.10.2017
Companies are obligated to inform the tax administration about any loans granted to the shareholders. According to the provisions of the Income Tax Act (Income Tax Act, § 502), which will enter into force on the 1st of...
05.10.2017
From 1 August 2017, the Act amending the Income Tax Act and other related Acts entered into force, which amended the provisions relating to special benefits for company...
03.10.2017
Companies in Estonia shall be obliged to report to the commercial register about the ultimate beneficial owners of a company. As a result of the amendments to the Money Laundering...
23.11.2016
What is an A1 certificate? A1 certificate is a certificate proving the payment of social contributions in Estonia. The certificate concerns posted workers, and employees abroad and is not required while...
01.09.2016
One of the main reasons for trademark opposition in Estonia is identical or similar trademarks that have been registered earlier and, thus, can result in a likelihood of confusion. In order to avoid such disputes, it is useful to...
10.08.2016
Nejběžnějsí formou společnosti vyskytující se v Lotyšsku je společnost sručením omezeným...
04.07.2016
According to the Commercial Code there are five forms of business entities, which are created by entry into the Commercial Register: private limited company, public limited company, general partnership, limited...
26.05.2016
Buying property in the Baltics will qualify you for a residence permit in the country. For example purchase of a property will qualify you for receiving...
22.02.2016
EU trademark regulation No 2015/2424 As of the 23rd of March 2016 the Office for Harmonisation in the Internal Market will be renamed to the European Union Intellectual Property Office (EUIPO) by the Regulation (EU)...
25.01.2016
Part 3 State and the notary fees The notary fee is paid to a public notary in connection to the necessary legal and technical services, and its...
22.01.2016
Concluding a real estate pre-purchase agreement A pre-purchase agreement is usually concluded when a reason restricting the immediate conclusion of the...
18.01.2016
This article gives you an overview about the key requirements for purchasing or selling real estate in Estonia. This summary is not complete or exhaustive, since each particular...
25.11.2015
The WIPO (The World Intellectual Property Organization) has the Recommendation for the Protection of Well-Known Marks that is ’soft-law’, meaning that it is not a binding legal instrument. Majority of the...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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