We use cookies on this website.

Grant Thornton Baltic uses cookies to monitor the performance of this website and improve user experience. To find out more about cookies, what they are and how we use them, please see our privacy notice, which also provides information on how to delete cookies from your hard drive.

Popular topics
Data Protection
The other data protection topics in addition to the GDPR
When you read about the draft ePrivacy Regulation it may appear as though all it does is regulate the use of cookies and manage direct marketing; but the draft ePrivacy Regulation also proposes more regulation of over-the-top (OTT) communications provides, such as Skype or WhatsApp.
Business
Influence of start-ups on the Estonian economy just keeps increasing
Start-ups are playing an increasingly important role in the Estonian economy – about 550 start-ups are operating in Estonia, paying more than 3,700 people an average of around 2,200 euros a month in earnings, and employing hundreds of people outside Estonia.
Payroll service
What if your accountant isn’t working a few cubicles away?
In the business world, success comes from focusing on your field and working your way to the top. But that takes time and dedication. So if you are just going into business or expanding, it is wise to think about what sorts of support services are worth outsourcing – what happens if your accountant or computer person is not sitting in the next room but works for an external service provider?
All articles
Advanced search
Growth strategy How to make a company grow in speed of Formula 1?
Most business leaders dream of rapid growth and fast success. Often it is said there is only one limiting factor, one bottleneck, but in fact there are several. Rapid growth does not always mean rapid profits and ultimate success.
Labour law When an employment relationship ends in discord
According to the Employment Contracts Act, there are two grounds for cancelling an employment contract: ordinary and extraordinary. The easiest option is agreement between the parties, but what are the other options? How to dismiss someone who drinks on the job? Read more from our legal manager Kristel Tiits's article.
Growth Influence of start-ups on the Estonian economy just keeps increasing
Start-ups are playing an increasingly important role in the Estonian economy – about 550 start-ups are operating in Estonia, paying more than 3,700 people an average of around 2,200 euros a month in earnings, and employing hundreds of people outside Estonia.
Business Risk Services How much does internal audit cost?
Organisations and companies that are required by law to conduct an internal audit often ask: is it more economical to establish an internal position at the company or outsource internal audit service?
Commercial Code What happens if a company gives a loan to a board member or shareholder?
A situation where a company gives or guarantees a loan to a shareholder, partner or board member comes up all the time. Yet the Commercial Code does set out restrictions on granting loans. I will discuss some of the most likely problems and potential tax risks below.
Employment Contracts Act Working on public holidays must be paid at double the rate
The midsummer holidays of St. John’s Day and Victory Day are getting closer and it is the right time to look at working on public holidays. When do employees have the right to a shortened workday or a day off work? What are the exceptions? To prevent misunderstandings, employers should think about such situations early on.
Data Protection The other data protection topics in addition to the GDPR
When you read about the draft ePrivacy Regulation it may appear as though all it does is regulate the use of cookies and manage direct marketing; but the draft ePrivacy Regulation also proposes more regulation of over-the-top (OTT) communications provides, such as Skype or WhatsApp.
GDPR GDPR in Lithuania
Despite one of the main goals of the EU General Data Protection Regulation (GDPR) being to harmonise data protection law across the EU, it does allow the individual member states to introduce broad derogations concerning national security, the prevention of crime and the enforcement of civil claims, when fundamental rights to data protection are guaranteed and derogations themselves are necessary and proportionate.
GDPR The General Data Protection Regulation – 12 months later
Although it is cold as I am writing this, spring is here and summer is right around the corner. A number of important events are on the way – the wildly popular Game of Thrones wrapped up its last season and the GDPR celebrated first birthday. What is the temperature like in Estonia in the field of personal data protection – lukewarm, ice-cold or smoking hot?
Cyber Security Secure your company’s best performing digital assets!
How to protect your company? Five most important recommendations for ensuring cyber security. The biggest targets of these new brand of bandits are companies that own and process large amounts of data and companies whose cybersecurity measures are lagging behind the times.
GDPR Processing of personal data in employment relations
A year has passed since the General Data Protection Regulation (GDPR) entered into force on 25 May 2018. The main purpose of the regulation is to give individuals more control over what data about them is processed. The GDPR also applies to employment relations where the employer processes personal data of employees.
GDPR Why do we need the GDPR?
The most talked about legislative piece last spring was undoubtedly the General Data Protection Regulation, or GDPR as it is known, which came in force 25 May 2018. As a regulation, it applies directly to all of the EU member states. Why did we need the GDPR, which if to believe popular opinion is an act of pointless bureaucracy, doesn’t improve the protection of privacy rights of individuals and increases the administrative burden of companies?
Company operations What if your accountant isn’t working a few cubicles away?
In the business world, success comes from focusing on your field and working your way to the top. But that takes time and dedication. So if you are just going into business or expanding, it is wise to think about what sorts of support services are worth outsourcing – what happens if your accountant or computer person is not sitting in the next room but works for an external service provider?
International expansion The formula for rapid growth
Estonian entrepreneurs will develop an opportunity to grow significantly only if they are able to expand to foreign markets, says Kuldar Väärsi, the CEO of defence contractor Milrem Robotics.
Women in Business 2019 The ice has finally started moving
Spring is an appropriate time to talk about ice starting to break up. In this article, however, the ice means women, and the perspective is that the share of women in top management of the world’s companies is finally seeing brisk growth.
Growing together A very successful year for Grant Thornton
The last financial year was the best in the last six years for Grant Thornton: turnover for our company operating in more than 130 countries grew by nearly 10%, reaching 5.45 billion dollars. We have 52,686 employees, and their numbers were up 6.3%.
International Business Report A new crisis or the new normal?
World economic growth is slowing and it’s clear that this year will not be as good a year in the global economy as was last year. The results of a recent study show that companies' optimism regarding business success is slipping.
E-commerce Untapped opportunities for Estonian online sellers
Goods and services are purchased constantly online in Estonia, yet our online retailers have untapped potential – we are lagging a bit behind the European Union average in cross-border online retail. It is worth putting more effort into sales of electronic goods and services to consumers in other member states, especially given that the European Commission has and will continue to simplify cross-border e-commerce, including changes in the tax system.
    • EN
    • ET