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Labor law What possibilities do employers have to stay afloat in a crisis?
The coronavirus restrictions have put many employers in a very difficult situation. When turnover is down, it’s time to analyse what would lead the company
Labor law Home offices have been the biggest game-changer in employment relationships
The coronavirus crisis, which started a little more than a year ago, changed quite a few things in employment relationships. One of the most important changes
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
E-commerce The ever-saturating sphere of e-commerce: how to stay alive and prosper?
The spread of the coronavirus has brought a leap in the adoption and utilisation of e-commerce, but when moving your business online, it is necessary to first
Remote working Remote working leads the concept of employment injury to absurd
The employer has an obligation to ensure the safety of its employee, but in the conditions of a home office, a legal requirement may become absurd, it was
Labor law Unemployed people can temporarily work, and their benefits increase
Amendments to the Labour Market Services and Benefits Act (hereinafter LMSBA) and the Unemployment Insurance Act create the possibility of temporary
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
Legal The debtors are not obliged to submit bankruptcy petitions in the coming months
The amendment of Bankruptcy Act entered into force, where the commencement of the term of the obligation to submit bankruptcy petition shall be suspended for
Paternity leave New paternity leave system comes into effect from 1 July
The state is changing the parental leave and benefits system once again and starting from the 1st of July 2020, the paternity leave will increase from 10 to 30
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.
Legal The minimum nominal value of a share in private limited company shall become one cent
From the 1st of July 2020 the changes of the commercial code state, that the minimum nominal value of a share is one cent instead of one euro, with the result
Legal How to organize a general meeting of shareholders regarding to COVID-19?
Only a few companies have included an option of a virtual shareholders’ general meeting – e.g. using an instant messaging service or electronic voting
Labor law There are opportunities for labour cost savings
The government aid measures to alleviate the corona crisis have become rather confusing for entrepreneurs. According to Äripäev's radio program "Kasvukursil",
Crisis management Is the emergency situation a force majeure, which exempts from fulfilling contracts?
Estonia has been in a state of emergency for a month now, which has limited the work and regular routines of businesses and individuals alike. Sports clubs and
Labour law How to apply for employee benefits from temporary subsidy program?
A subsidy to employees affected by the COVID-19 crisis was established by order of Estonian Government from March 23rd, 2020 „Employment program 2017-2020 . To
COVID-19 in Baltics Latvia and Lithuania: government support for businesses affected by COVID-19
Grant Thornton Baltic specialists give an overview of the most important decisions and measures concerning the current crisis taken in Latvia and Lithuania.
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