A brief summary of the changes in tax rates in 2024.
A brief summary of the changes in tax rates in 2024. Please read to the end. Labor taxes: The year 2024 will not bring changes in labor tax rates. Continued: * Income tax rate 20%; * Corporate income tax: 20/80; reduced dividend tax rate 14/86 + 7% income tax withholding at the level of a […]
Termination of the company
Many have inquired about closing down a company. It's understandable that an entrepreneur is interested in knowing how to end business operations and what aspects are involved – whether out of immediate need or just gathering information for the future. BerFin does not offer this service, but here we share everything important to know. We […]
CostPocket - we recommend!
Are you also one of those small businesses where receipts tend to accumulate in the wallet? Do you often wonder where that last receipt was placed? Do you run after them at the end of the month? Using CostPocket would be much simpler. What is CostPocket? CostPocket is an application that helps entrepreneurs and accountants […]
Special VAT Rules for E-commerce in Estonia
WHO NEEDS IT? A company registered as a VAT payer and owning an online store can facilitate cross-border sales to end consumers. In such cases, the company is considered both the buyer and reseller of the goods. In English, such online stores are known as "deemed suppliers." Special regimes allow companies to declare and pay […]
How to withdraw money from a company without taxes?
Withdrawing money from a company tax-free can be done in several ways. Many entrepreneurs do not take advantage of the various tax benefits offered by the state simply because they are not aware of them. In fact, there are several expenses that are tax-free for companies, and the entrepreneur can confidently compensate themselves as a […]
Understanding Employment Contracts vs. Contracts for Services: A Guide for Entrepreneurs and Employees
Distinguishing Employment Contracts from Contracts for Services Many often inquire about the difference between an employment contract and a contract for services. This post aims to clarify these two types of work relationships, assisting in making informed choices. Understanding Employment Contracts: An employment contract, as defined by the Employment Contracts Act, is presumed until proven […]