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The term CASP was first introduced in 2020 as part of the publication of the draft regulation 2019/1937 Markets in Crypto-assets (MiCa), the goal of which is to create a unified legal framework for regulating the cryptocurrency and virtual asset industry within the European Union. Before this, the term VASP or Virtual…
Business activity codes in Estonia explained. Learn how EMTAK and NACE work, how to choose the right code and update your company activity.
For many years the accountants and consultants of our company have been specializing in accounting services for the IT sector and have accumulated a considerable amount of knowledge and experience in this area. In this article we will talk about the main features and nuances of accounting, which are typical for…
This article is primarily aimed at those IT entrepreneurs who consider the European Union as a place to establish their own IT company. Within this review we will consider the main advantages of Europe in general and the European Union in particular for the IT company creation and the development of projects related…
Guide for Estonian firms: pay overseas freelancers and contractors tax-free when they work abroad, plus key exceptions and compliance tip
The DAO (decentralized autonomous organization) is a decentralized autonomous organization, which is a structure in which traditional centralized management is replaced by innovative technological solutions and open software code. The DAO concept is built largely on the idea of Web 3.0 and blockchain technology, which…
Web3, or Web 3.0, is the third generation of the Internet, which aims to create a decentralized network, based on blockchain technology and distributed data storage. In contrast to earlier concepts of Internet technology development (Web 1.0 and Web 2.0), Web3 emphasizes decentralization, privacy and user ownership of…
No separate TIN in Estonia – Understand how personal and registration codes fulfill the Tax Identification Number role.
A practical guide to share capital in Estonia for an OÜ: minimum amount, contribution rules, legal risks, and how much founders should choose in practice.
An accounting consultation in Estonia helps OÜ owners and e-residents keep bookkeeping, taxes, payroll and reporting under control. Find out what it covers, when you need one, and how to stay compliant while keeping your tax burden legally low.
