Estonia is one of the highest rated liberal market based economies in the world. It is the first economy having a flat rate income tax system, a friendly environment for foreign investment and no tax policy on reinvested corporate profits. Estonia consistently ranks as one of the most open, competitive and transparent economies in the world. As a full EU- and Eurozone member with a competitive economy, Estonia increasingly serves as a base for pan-European activity. Estonia ranks 12 by ease of doing business in the world by The World Bank analyses.
-Unique location and culture combining Nordic roots and Eastern influences.
-Highly progressive environment that offers an efficient way of doing business.
-Highly developed infrastructure that supports business development.
-Multilingual workers with world class skills. In the Industrial sector we excel in engineering and electronics while in IT we are recognized leaders in software development, high-tech systems and cyber security.
-Ultra-high IT usage across the economy, significant efficiencies, real-time data and flexible, scalable business models. Two-decade commitment to IT, Estonia is the world’s most advanced digital society and recognized leader in digital skills, infrastructure and legislation.
-E-residency system allows You to have control of Your business finances from wherever in the world
Reasons for investing in Estonia:
-Great opportunities in various business sectors
-Relatively easy and low cost establishing a company fully online and only in a few hours
-Relatively simple and stable tax system, 0% income tax on retained and reinvested profits
-Banking and lot of other services and possibilities for doing business easy and online, 99% of banking transactions are made online, Annual accounts are usually prepared and presented online, tax declarations and transactions are prepared and presented online.
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Article by Arvo Lepik, Parter at HLB Expertus, member of HLB's Euroasia Group. Contact Arvo on firstname.lastname@example.org