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COVID-19: crisis management
What can employers do to minimize losses from coronavirus?
Estonia declared a state of emergency (defined in national law as “emergency situation”) on 12 March 2020 and this affects the rights and responsibilities
Data protection and information security
Who is a data protection officer?
In certain cases, companies have an obligation to appoint a data protection officer. This obligation applies both to companies that process data themselves and
Payroll and labour law
Remote work – securely flexible?
Allowing employees to work location-independently is one way of engaging good specialists on today’s labour market. On one hand, it’s a flexible and appealing

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Tax Key changes in taxation of temporary agency work came into force
Based on the rules in force until the end of 2020, Estonia was entitled to tax wages of non-residents starting from day one if the entity making the payment
Tax Key changes in tax legislation in the Baltics in 2021
In the beginning of the year, several tax changes were introduced in Estonia, Latvia and Lithuania.
Consolidation Consolidation and Brexit
It will soon be time to prepare annual reports for the financial year 2020. Estonian companies with parent companies in the UK will have to take into account
Annual reports Listed companies get extension for complying with new requirement
Under a European Union directive, publicly listed companies must adopt the European Single Electronic Format, ESEF. But they will probably not have to file
Annual reports Annual reports – an unsung marketing method
An annual report can be a great calling card and the secret to doing business more successfully, even though Estonian business people aren’t all that active in
Advisory What is the difference between a good and a mediocre financial manager?
Mart Nõmper, Sworn Auditor and Head of Audit and Assurance Services, and Mikk Mägi, Head of Financial Advisory at the pan-Baltic audit, outsourcing and
Financial advisory Why determine the value of assets at a company and how to choose the right method?
After the year of the coronavirus, there is good reason to review the value of a company’s assets with particular care. Even more, because the value of some
Data protection and information security Who is a data protection officer?
In certain cases, companies have an obligation to appoint a data protection officer. This obligation applies both to companies that process data themselves and
Legal 2021 We have a new Head of Legal Services
In January 2021, Catre Kasak who has over ten years of experience in the field of law, joined Grant Thornton Baltic as a new Head of Legal services. Catre’s
Data protection Whats up with WhatsApp?
In January WhatsApp announced that it is changing its data policies so that the users only options are either to agree to their data policy and make data about
Data protection Let’s open the cookies(jar)
Cookies can't read data off your hard drive or cookie files created by other sites; they are one of the technologies tracking people’s behavior on the web.
Data protection Transmission of personal data to the US – mission impossible?
On 16 July 2020, the European Union Court of Justice (CJEU) passed judgment C-311/18 (Schrems II), invalidating the US-EU certificate programme Privacy Shield,
Information security Information security audit helps a company save money
In addition to the pandemic the 2020 is memorable as the year or record growth in cybercrime. According to the FBI the USA companies have reported a 400%
Case study We advised BlackFin on its investment in financial start-ups
In November 2020, Grant Thornton Baltic conducted a limited financial and tax due diligence for the start-up company Modularbank, which offers customer-focused
IT-audit IT audit – it may look like an expense, but in real life, it’s savings
Most companies view an IT audit as an expense, but experts say in reality, it helps companies to save money – especially if it’s conducted at the right time.
Packaging audit Streamlining accounting and auditing of packaging reports
The accounting and preparation of packaging reports has become better over the years and the awareness of the importance of accounting more comprehensive and
Human resource management Marge Litvinova | 5 questions for the Head of People & Culture
To give people freedom and responsibility in their work, these values must be a part of organisational culture. The precondition is a working environment where
Tax Transfer pricing 2020 – three problems and three solutions
The restrictions established due to the COVID-19 pandemic have disrupted transfer pricing within international corporations. Even if the restrictions were to
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