An annual audit is not merely a statutory obligation and an additional burden. It is also an opportunity to gain a clear picture of your company’s financial position and confidence that its processes are working as intended.
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The Ministry of Justice and Digital Affairs has prepared an extensive draft act amending the Commercial Code and other legislation. Its aim is to make the incorporation and management of companies and registry procedures more flexible, while also resolving issues that have caused disputes in practice.
We have prepared a comprehensive overview of European employment law, providing insight into the employment law frameworks across 15 key European jurisdictions. It is designed to help international employers better understand the regulatory landscape in different markets and the practical requirements that come with it.
At Grant Thornton Baltic, we offer payroll as one of the accounting services and it can be described with just those above notions: automated, meticulous, accurate, confidential and adaptive to changes.
Often people neglect to consider that the same key interest rate affects not only businesses' loan capability and finances but also taxation.
From 01.01.2024, the Employment Contract Act will undergo several changes in the wording of the provisions, which are due to changes in the Family Act.
According to a global survey International Business Report, mid-market businesses consider inflation, cyber-attacks, and economic slowdown to be the main business risks.
Grant Thornton Baltic's consulting team advised the management of Inspecta Estonia OÜ on the acquisition of Metrex Mõõtekeskus OÜ.
International wholesaler of cosmetics, perfumes, salon products and non-prescription medicines Sirowa acquired well-known Estonian wholesaler of perfumery and beauty products.
According to the draft of the new Cryptocurrency Market Act, the Financial Supervision Authority will become the supervisory authority, and the administrative burden on market participants will increase.
There are always various different factors that might put the brakes on a transaction or cause us to entirely abandon it. Such factors may manifest at any stage of a transaction depending on how transparent the communication between the parties has been during the transaction process.
The wellbeing of accounting firms is primarily influenced by how well their clients are doing and how well they adapt to changes.
It did not take long for Piret Lemsalu, CFO of AS Hoolekandeteenused, to realise that they had hit the jackpot with Grant Thornton Baltic, whom they chose as their internal audit service provider as a result of a procurement held in 2021.
KJK BLTK Holding OÜ, the majority shareholder of Baltika, wished to carry out a valuation for the purpose of deciding whether to make a takeover offer to minority shareholders.
Estonia has emerged as a global frontrunner in facilitating crypto asset services, offering a highly conducive environment for virtual asset service providers (VASPs) to thrive. With its forward-thinking legislation, favorable tax regime, streamlined licensing process, and vibrant fintech ecosystem, Estonia has positioned itself as a go-to destination for crypto-related businesses seeking a competitive edge.
It is currently a golden era for fraud but harm caused by bad actors is preventable if you regularly perform checks on business partners and clients and keep alert to specific warning signs, panellists on the Äripäev business daily radio programme “Kasvukursil” said.
A number of changes will soon take place in labour law, with direct implications for everyday life in the workplace. The changes pertain to employees’ rights and benefits.
Grant Thornton Baltic's financial advisory team helped Kilingi-Nõmme Cooperative to prepare a financial model and forecast, which was the basis for the Net Present Value (NPV) scenario analysis.
For two consecutive years, Grant Thornton Baltic’s business risk and internal audit team served as the independent auditor of the programmes of the Estonian National Agency for the Erasmus+ and European Solidarity Corps.