-
Estonian e-Residency program significantly contributes to the economy
The Estonian e-Residency program has significantly bolstered the country’s economy, particularly through the contributions of e-resident entrepreneurs. In the first half of the year, Estonian companies founded by e-residents paid a substantial amount in taxes, with labor taxes comprising 76% of the total, amounting to €22 million. The remaining 24%, or €7 million, was derived…
-
Introducing Launchpad 3.0: A new era of integrated business solutions
We are thrilled to announce the launch of Launchpad 3.0, the latest iteration of our flagship platform that seamlessly integrates with our comprehensive suite of services. At Media Scope Group, we are committed to providing cutting-edge solutions that cater to the evolving needs of businesses globally. With Launchpad 3.0, we are taking a significant leap…
-
Estonia: An attractive destination for non-EU companies
Businesses are constantly seeking new opportunities and markets to expand their operations. For non-EU companies eyeing the European market, Estonia has emerged as an increasingly attractive destination. This Baltic nation offers a host of advantages that make it an ideal gateway to the European market, ensuring simplicity, efficiency, and unparalleled access. Here are a few…
-
Obtaining license for a fund manager in Estonia
In the world of finance, the role of a fund manager is both significant and complex. These individuals or entities are entrusted with the responsibility of managing investment funds and securities portfolios, a task that requires a high degree of expertise and regulatory compliance. One pivotal step on this journey involves obtaining the necessary operating…
-
Obtaining license for investment firm in Estonia
An investment firm, defined as a publicly traded company, specializes in offering one or more investment services to external parties or conducting one or more investment activities in a professional capacity. To operate as an investment firm, formal authorization from the Estonian Financial Supervision Authority (Finantsinspektsioon) is mandatory. These authorizations are conferred for the provision…
-
Estonia cryptocurrency license
In the ever-evolving realm of digital finance, cryptocurrencies have emerged as a disruptive force that is reshaping traditional notions of currency and finance. Estonia, a trailblazing nation in the field of e-governance and digital innovation, has positioned itself as a welcoming hub for cryptocurrency enthusiasts and entrepreneurs alike. To foster this innovative ecosystem while ensuring…
-
Introducing virtual office and contact person service in Estonia
Media Scope Group is pleased to announce the launch of virtual office in Estonia, a solution designed to help in building the presence in Estonia, establishing and running the Estonian company. The virtual office service consists of: We can act as an authorized contact person due to an activity license issued by Estonian Tax and…
-
Tax exemptions for scholarships and formal education expenses paid by Estonian company
Are expenses related to the formal education at university considered as exempted from tax or taxable (including non-resident)? Expenses to cover level studies are justified if the employer needs a specialist with such a qualification in order to fulfill his/her goals. Coverage of the cost of tertiary education by the employer is seen as a normal…
-
Media Scope Group is now authorized tax representative of non-residents
We are pleased to announce that Media Scope Group OÜ, an Estonian-based company, has received an activity license from the Estonian Tax and Customs Boards (Maksu- ja Tolliamet, MTA) to provide fiscal and tax representation services in Estonia to non-residents. In the decision on granting a license, the Estonian tax authority stated: The Tax and…
-
Pickup locations for the e-Residency kit
What is the e-Residency Pickup location? Pickup location for the e-Residency kit is the official point where you can get your e-Residency kit. Generally, most Estonian embassies and consulates act as e-Residency pickup locations. However, not all diplomatic posts can act in that role. Below, you can see the list with embassies and consulates where…
