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Estonia: Tax-Efficient Sectors

Tax-Efficient Business Forms

Estonia provides a cost-efficient base for production and export and is handily placed for access to the affluent markets of the Baltic states and north-west Europe. Estonia is very advanced in terms of its telecommunications and Internet take-up and is one of the most technologically advanced in Europe. Corporate income tax is effectively zero if profits are not distributed, thereby encouraging businesses to reinvest profits.

Start-up costs and employment rates are low in Estonia, by comparison with many other European countries. Though there are no specific tax concessions for businesses setting up in Estonia, state aid is available subject to the EU rules governing the granting of such aid.

 

 

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