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Wed Jun 19, 2013, 00:17 GMT +3
Home About Estonia Estonian business

Estonian business

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Estonia can offer a progressive business environment with an efficient and compatible infrastructure. Our e-services, mobile communications and internet applications are among the most progressive in the world. Estonians are adaptable towards new technologies, and use them willingly.


Nordic influence

At the same time, our Nordic influence gives investors a transparent, clearly defined, sincere and honest partner who is considerate, rational and not very talkative. The Estonian approach is functional and one that creates timeless value. Our natural resources are powerful and accessible.


Rootedness

As an added value, rootedness is like a guarantee that Estonians do not give up and would rather break their arm than a promise they have given. Perseverance and culture are a good basis for long-term plans in any area of business.


Business at a glance

  • Estonia has been ranked 16th in the Index of Economic Freedom (2012, Wall Street Journal/The Heritage Foundation), 21st in the Ease of Doing Business Report (2012, World Bank), and 34th in the Global Competitiveness Report (2012, World Economic Forum).

  • Estonia has some of the highest credit ratings in the region (Fitch IBCA, Standard & Poor's, Moody's).

  • Estonia is a member of euro area as of January 1, 2011.

  • 0% corporate income tax is imposed on all reinvested earnings in Estonia.

  • The Estonian cost level is still significantly lower than that of neighboring Scandinavian countries.

  • In Estonia, all capital is treated equally, foreign or domestic.

  • Estonia is a member of the International Center for the Settlement of Investment Disputes, the Multilateral Investment Guarantee Agency, and the New York Convention.

  • Estonia is the leading country in Central and Eastern Europe in terms of attracting foreign direct investments.

  • Estonia is one of the leading countries in the world in creating and implementing e-government solutions and cyber security.

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