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Sat Feb 04, 2012, 18:29 GMT +2
Home Business environment Estonia's advantages

Why Estonia

Next: Ease of doing business »

Closeness

Communications technology makes distances insignificant in Estonia. The country has been a front-runner in applying modern IT-solutions wherever possible. From registering a company to submitting its annual report, the Estonian entrepreneur corresponds with public institutions using e- and m-services. Entrepreneurs can easily find partners for cooperation, and even ministers and other decisionmakers are conveniently accessible to the public.

Distances are short in Estonia, also from a logistical point of view. The country's business life is concentrated around the capital of Tallinn, where more than half of the country's GDP is produced. And operating one's business from Tallinn means being within a 30 minute drive from the international airport. But even Estonia's most remote parts are no farther away than a couple of hours' travel from the capital, and mobile internet is available in the farthest corners of the country.

The vicinity of major Northern European cities such as Stockholm, Helsinki and St. Petersburg, means a lot for the internationalization of Estonia, and particularly Tallinn. This can clearly be seen in tourism - seven million passengers travel through Tallinn's seaport every year. The favourable location also helps entering into cross-border business relationships. Estonia is the link between Western and Eastern Europe.

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