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When an employment relationship ends in discord
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.
Kristel Tiits
Kristel Tiits
| 12 Jun 2019
How much does internal audit cost?
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?
10 Jun 2019
What happens if a company gives a loan to a board member or shareholder?
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.
06 Jun 2019
The other data protection topics in addition to the GDPR
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.
23 May 2019
GDPR in Lithuania
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.
23 May 2019
The General Data Protection Regulation – 12 months later
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?
23 May 2019
Secure your company’s best performing digital assets!
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.
22 May 2019
Processing of personal data in employment relations
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.
Kristel Tiits
Kristel Tiits
| 22 May 2019
Why do we need the GDPR?
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?
21 May 2019
Payroll service Grant Thornton Baltic's payroll service received an international award
Grant Thornton Baltic is proud to be a local payroll partner of ADP in Baltic countries and been named as one of the winners for the 2018 Partner Excellence Award.
14 Jan 2019
Estonian companies prefer outsourcing payroll
Payroll service Estonian companies prefer outsourcing payroll
More and more Estonian companies have ceased to perform their own payroll functions but rather outsource it to a service provider. The reason for this is the fact that payroll takes a lot of time and requires use of updated software and it also takes a knowledge of frequently changing laws.
11 Dec 2018
When a cyber criminal breaks into the house
Cyber security When a cyber criminal breaks into the house
What happens if a cyber criminal manages to gain access to critical systems in the "smart house"?
07 Dec 2017
Landmark German ruling points up challenges of international tax law
Cross-border taxation Landmark German ruling points up challenges of international tax law
Landmark German ruling points up challenges of international tax law
Kristjan Järve
Kristjan Järve
| 14 Jun 2016
Attention, management board members
Health insurance Attention, management board members
Starting this year, some important changes to the health insurance system took force, and thus those serving as management board members and working on the basis of contracts under the law of obligations (authorisation agreements, contracts for services etc) should pay attention to the issues relating to activation and suspension of health insurance coverage.
Kristel Tiits
Kristel Tiits
| 13 May 2016
Documenting transfer prices to keep tax risks under control
Transfer pricing Documenting transfer prices to keep tax risks under control
Maintaining proper accounting on transfer prices and documenting the reasoning for conformity to market value is in the interests of every enterprise, as it avoids tax risks. In preparing documentation, the requirements of legal acts should be considered along with the specific company’s risks and needs.
09 Jun 2015
Transfer prices must be reviewed every year
Transfer pricing Transfer prices must be reviewed every year
Many companies in the process of preparing annual reports for the last year find themselves facing the need to recognize transactions between related parties.
Kristjan Järve
Kristjan Järve
| 09 Jun 2015