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We keep up with blockchain technology to serve and advise crypto companies. We are supported by a network of colleagues in 130 countries.
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Commercial Register Act Problems in practice with compulsory dissolution of companies

For years, the Commercial Register allowed companies to operate in the Estonian business environment as if disclosure of economic figures was optional. Last year, an abrupt change in direction occurred.

| 8 min read | 08 Apr 2024

Payroll

We perform payroll accounting for companies whether they employ a few or hundreds of employees. We do not offer one-size-fits-all packages, but always proceed...

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We offer a contact person service to Estonian companies with a board located abroad.
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We organize both public trainings and tailor made trainings ordered by clients on current legal and tax issues.

Related insights:

Commercial Register Act Problems in practice with compulsory dissolution of companies

| 8 min read | 08 Apr 2024

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Tax

With more than 25 years of experience, our team offers wide range of tax services in close cooperation with colleagues from the Grant Thornton network.

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Corporate taxation
We advise on all matters related to corporate taxation.
Value added tax and other indirect taxes
We have extensive knowledge in the field of VAT, excise duties and customs, both on the national and international level.
International taxation
We advise on foreign tax systems and international tax regulations, including the requirements of cross-border reporting.
Transfer pricing
We help plan and document all aspects of a company's transfer pricing strategy.
Taxation of transactions
We plan the tax consequences of a company's acquisition, transfer, refinancing, restructuring, and listing of bonds or shares.
Taxation of employees in cross-border operations
An employee of an Estonian company abroad and an employee of a foreign company in Estonia - we advise on tax rules.
Tax risk audit
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Taxation of private individuals
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Pan-Baltic tax system comparison
Our tax specialists have prepared a comparison of the tax systems of the Baltic countries regarding the taxation of companies and individuals.

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Should you wish to buy out a competitor to boost your business, or, rather, to dispose of your company, the advisers of Grant Thornton Baltic will provide you...

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Company culture A compassionate employer also looks after employees’ mental health

All of us have a work life and a private life, and no matter how we try, it is hard to keep them completely separate. Problems at work come home with us and vice versa. That is the underpinning for my belief that an employer who genuinely cares about its people will see investing into maintaining mental health as an investment in its employees.

Marge Litvinova

| 5 min read | 08 Apr 2024

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Our experienced specialists help your organization to regularly assess risks that threaten the fulfillment of goals.

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We can help build the whistleblowing system, from implementation, internal repairs and staff training to the creation of a reporting channel and case management.

Services for crypto companies

As one of the few advisory companies in Estonia, we are competent to offer virtual currency service providers (VASP) support services, such as accounting, tax...

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Sustainability services

We advise companies who, in conducting responsible business, consider in addition to profit, the impact of their activities on the surrounding world.

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Sustainability advisory
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Our auditors review and certify sustainability reports in accordance with international standards.
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Our international tax specialists define the concept of sustainable tax behavior and provide services related to sustainable tax behavior.

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On average, one in four projects fails and one in two needs changes. We help manage the innovation of your company's digital solutions!

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Case study We advised German company RAUMEDIC

Grant Thornton Baltic OÜ advised German company RAUMEDIC AG on the acquisition of aktsiaselts A&G. RAUMEDIC AG is a leading developer and manufacturer of systems and components and a partner to medical and pharmaceutical industries. Core business of aktsiaselts A&G is production of medical supplies.

2 min read | 13 Jan 2022

Starting business in Estonia?

We know that global expansion is the natural evolution for a thriving business. Whether you’re expanding into new markets, entering Estonia or maximising the...

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Cross-border business activities require continuous monitoring of local, foreign and international development of tax regulations.

There are various challenges in international business:

cross-border restructuring or relocation of business activities;
launch of cross-border business activities;
pricing and financing between related entities;
indirect taxes;
business trips of key employees and cross-border employment.

Thanks to the global network, Grant Thornton Baltic has access to international know-how, which enables the client to reduce tax risks when operating in a foreign tax environment:

Analysis of the tax risks and opportunities in cross-border transactions (including M&A) and business relocation
Understanding the mutual impact of local, foreign and international tax regulations, and proposing solutions in line with customer’s business needs
Establishing the tax optimal legal structure and business form
Assistance in registering for cross-border VAT and income tax purposes
Developing efficient and appropriate tax accounting principles
Tax accounting for cross-border employees

We also advise foreign investors in their search for the optimum group structure and legal form of business activity in Estonia and other Baltic countries.

Tax systems vary from country to country. Our experienced tax advisers help customers to recognize the tax risks involved in cross-border business activities and comply with cross-border reporting requirements, as well as to identify and implement the unused opportunities.

Send us your inquiry

Being active in multiple jurisdictions, you will face many opportunities and challenges. We see many examples of clients being successful in the Nordic Baltic market, and two years ago we formed a dedicated Nordic Baltic group to join forces in all service lines and countries. This strengthens our ambition to unlock our clients’ potential for growth.

Our Nordic Baltic Tax guide will guide you through the ever-changing tax landscape of the Nordic and Baltic areas. The brochure comprises the latest developments and trends in the tax landscape.

Some of the changes will become effective in 2021. In addition we shall highlight tax rates applicable in the Nordic-Baltic region as of 2021. In addition to several individual changes, there are also general changes that shall be applicable in all Nordic-Baltic region as of 2021.

Grant Thornton tax specialists prepared an overview of the changes that have taken place in Norway, Sweden, Denmark, Finland, Estonia, Latvia and Lithuania.

Dowload the Nordic-Baltic tax changes 2021 here. [ 1190 kb ]

TESTIMONIAL

Just as it is important in life to have friends you can trust, so it is important in a business where reliable partners are priced in gold.
I am glad that we found such a partner in the Grant Thornton Baltic.

Over the years, we have received advice from Grant Thornton Baltic specialists on various international tax issues: for example, taxation of foreign employees, transfer pricing policy and documentation, correct taxation of cross-border investments and expansion - the list could go on and on.

The big plus is that Grant Thornton Baltic specialists know the tax law of different countries in detail, and therefore we received expert advice on expanding our business to Finland, Sweden, Germany and the Netherlands. I would definitely recommend Grant Thornton Baltic to others!

Founded in 2013, Milrem is a developer and manufacturer of unmanned vehicles and robotics solutions.