Advantages of virtual office in Tallinn

Are you an entrepreneur or a company looking to start up a business abroad? You can get your business set up with ease and have it be completely hassle-free. Look no further than doing all of this and more with Estonian Company Registration. With Estonian Company Registration, we will walk you through their step by step process of setting up a virtual office, while taking care of all the legal ramifications needed so you do not have to worry. We offer all of those services and more which will help you get your company off to a great start abroad.

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Argos Kracht
The Economist article about Estonian ID card.

A national identity scheme goes global

Jun 28th 2014 | From the print edition. Link

THE founders of the internet were academics who took users’ identities on trust. When only research co-operation was at stake, this was reasonable. But the lack of secure identification is now hampering the development of e-commerce and the provision of public services online. In day-to-day life, from banking to dating, if you don’t know who you are dealing with, you are vulnerable to fraud or deceit, or will have to submit to cumbersome procedures such as scanning and uploading documents to prove who you are.

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Argos Kracht
Managing an Estonian Company from Abroad

A prime consideration when setting up any foreign business structure is management. It is a misconception to assume that titles like “Director”, “Manager”, “Managing Director”, “CEO” and “Board Member” have universal meaning. Legally they do not. In different legal systems, such terms may have specific legal definitions or none at all. In so called offshore jurisdictions, laws tend to be very permissive, and requirements regarding company management are relatively few. Managerial positions, responsibilities and liabilities are largely as defined by the owners and their legal advisors in the founding documents. And, the founding documents are relatively easy to create and amend, usually without any need to inform the jurisdiction of incorporation. While this may sound like a dream come true for a bureaucracy weary entrepreneur, it can have both advantages and disadvantages depending on the context.

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Bill Cronenberg
Historical, Philosophical and Practical origins of the Estonia Tax System, Part II

In part I, I offered perspectives on Estonian tax policy from the fall of the Soviet Union through the early years of reform. While Estonia did well through this period, we should note that there were challenges along the way. The country endured a jarring stock market and credit crash in 1997, and the Russian banking crisis in 1998 and the dotcom implosion across the Atlantic a few years. All these events had significant negative impacts on the Estonian economy. Yet reforms powered ahead, and setbacks were followed by strong rebounds. The leading economic indicators through these years put Estonia at or near the top of all former East bloc countries in development. This was especially impressive considering that communism was most firmly entrenched in the former USSR. While there were many factors contributing to these results, the Estonian tax system was clearly a cornerstone of the successful transition.

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Bill Cronenberg
Historical, Philosophical and Practical origins of the Estonian Tax System, part I

William H. Cronenberg
ttorney at Law

To understand the origins of the Estonian tax system, one has to understand the nature of the transition Estonia has undergone since the collapse of the USSR in August 1991. My first personal experience with Estonia dates back to June of 1988 on a university study tour. The Soviet Union was in terminal decline then, but few people realized it. Like most observers at the time, I regarded the USSR as a firm geopolitical reality not likely to change in my lifetime, or at least not without a conflict of apocalyptic proportions. I was as surprised as anyone when the Soviet Union collapsed almost bloodlessly only a few years later. 15 diverse, totally unprepared, newly independent republics embarked on a very difficult period of adjustment. The legacies of Communism remain very much in evidence across the region today. But despite the challenges and difficulties, this transition also represented a rare historical moment of opportunity, and no former Soviet republic was better positioned to seize this opportunity than Estonia.

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Bill Cronenberg
Demystifying Basic Elements of Estonian Tax Policy

William H. Cronenberg
Attorney at Law

stonian tax law is clearly one of the major attractions of having an Estonian company. Estonia has gained a lot of international attention and recognition for its tax and budgetary policies, not all of it positive. I feel that there has been a lot of misinformation and disinformation spread about the Estonian tax system in particular.

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Bill Cronenberg
1. Comparing the Estonian Company to the AK47

William H. Cronenberg
Attorney at Law

I expect to raise some eyebrows among my professional colleagues by comparing the Estonian company form to the legendary Avtomat Kalashnikova (AK) Russian military assault rifle. However some of the paralells are quite notable. Let me explain.

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Bill Cronenberg