Insights

Remote work A five-year leap in two months: remote work as a new norm

Remote work due to the coronavirus in companies is becoming a new positive trend, which is difficult to reverse, but both companies and employees will benefit

Legal Collecting debts during the crisis

Businesses in various sectors do not have a positive outlook for their turnover forecasts due to the corona crisis. As a result, they may have an extra

Administrative fine Prosecuting offenders will be easier and the penalties will be bigger in the future

A new concept in Estonian legal system, administrative fine, was sent to coordination round to the relevant ministries by the Ministry of Justice. The new fine

Business risk services Internal auditor: in-house or service provider?

For many companies and institutions, internal audit is a legal obligation that cannot be waived even in difficult economic times. Therefore, the question

Case study Business plan and financial forecasts: Milrem Robotics Type X

Grant Thornton Baltic OÜ advised Milrem Robotics in preparing a business plan and financial forecasts for the new Type X robotic fighting vehicle during autumn

Tax Distributing non-declared equity contributions are not automatically subject to income tax

The Supreme Court thus finds that a disbursement made from equity capital is not subject to income tax, if the disbursement does not exceed the contribution to

Transaction advisory Remote authentication – a possibility to carry out a notarial transaction from home

On February 1st 2020, remote authentication was introduced for notarial transactions, which is equivalent to ordinary notarial authentication, i.e.

Our news

14 Jun 2020

Maili Torma, a data protection specialist at Grant Thornton Baltic, received the ISO27001 lead auditor certificate.

Maili Torma, the data protection specialist at Grant Thornton Baltic and the founder and board member of the Estonian Data Protection Association, was recently issued an international ISO 27001 lead auditor certificate in addition to the previously acquired CIPP/E and CIPM certificates.

13 Mar 2020

Grant Thornton Baltic continues operations as normal

In the light of the declaration of an emergency situation in Estonia due to coronavirus, we would like to confirm that there will be no interruption in our services. We have taken all measures to prevent the spread of coronavirus in the company (code of conduct for workers to maintain health, availability of disinfectants, etc.). If you have any questions regarding further work organization or our services, please contact your client manager.

10 Feb 2020

2019 was the most successful year in recent times

Last year was a very successful one for Grant Thornton Baltic – total revenue in Estonia, Latvia and Lithuania grew by 15.1%, reaching 9.3 million euros. The company was able to grow the volumes of all of its services, from accounting and auditing to business advisory and risk management services.

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The activities of companies in preventing money laundering are being scrutinized