| Notes |
business and finance
Modern e-solutions make setting up and running a business in Estonia quick and easy. Estonian solutions like digital signatures, electronic tax claims, e-Business Register or the availability of public records online have pared bureaucracy down to a bare minimum and facilitated an environment where business is easy. Industry 4.0. is another step on the road to the digital revolution.
It’s a simple fact – where business is easy, business will grow. No wonder Estonia is one of countries with most startups launched per capita than anywhere else in Europe.
e-Tax e-Banking e-Business Register
98%
of companies established online
99%
of banking transactions online
98%
of tax declarations filed online
e-Tax
e-Banking
e-Business Register
e-tax
e-Tax is the electronic tax filing system set up by the Estonian Tax and Customs Board. Each year, around 98 per cent of all tax declarations in Estonia are filed electronically.
3
minutes to file taxes online
Using a secure ID, a taxpayer logs onto the system, reviews their data in pre-filled forms, makes any necessary changes, and approves the declaration form. The process typically takes three to five minutes. Even one-click tax returns have been possible since 2015 – the data that is already in the system is displayed for the user along with the calculated result, then all the users have to do is click on the confirmation button. All this can take less than a minute.
In addition to individual income tax claims, other declarations can be made in the system:
An enterprise’s declarations for income tax, social tax, unemployment insurance and contributions to the mandatory pension fund
Value-added tax returns
Alcohol excise, tobacco excise, fuel excise and packaging excise duty returns
INF declarations
Customs declarations
Visit the Estonian e-Tax and Customs Board. |