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​Hints and tips on managing debtors

According to the Bank of Estonia, the country is heading towards recession and due to ongoing high inflation, the purchasing power will also decrease. This means that there is less money available, more care is put into giving any out and it is also time to pay more attention to debtors. Since some time has passed from the last recession, it is appropriate to remind ourselves – what can be done to recover money from debtor?

​Supply-chain compliance and due diligence in Estonia

Supplying and distributing a specific product or service from the beginning to end is what is known as the supply chain process (involving sourcing of materials, R&D, manufacture, finance, distribution & marketing, customer service). A 2015 survey from Cone Communications  found that 9 out of 10 millennials would switch brands to one associated with a more ethical cause - for a $100 product, customers were willing to pay an average of $27 more if it were made under good working conditions, $19.50 more if the production's carbon emissions were offset and $18.50 more if the raw materials were ethically sourced. 

Amendments to the Employment Contracts Act

The year 2022 brings about significant amendments to the Employment Contracts Act in relation to the necessity to take over Directive (EU) 2019/1152 of the European Parliament and of the Council on transparent and predictable working conditions in the European Union.


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 Good to know

​Value Added Tax (VAT) Guidelines: An overview of VAT regulations in Estonia 


Attorney-at-law Alice Salumets gives a comprehensive overview of the VAT regulations in Estonia »

​The major sponsor of the Moot Court competition

The Estonian Moot Court Association has been organising the Moot Court Competition since 1998, and Rödl & Partner Law Office is honoured to be one of the major sponsors of the competition, and we are pleased that Ilona Nurmela, a founding member of the Estonian Moot Court Association, is one of our attorneys-at-law today. 

Ilona was also part of the panel of judges for the oral round of the competition. 

 Publications

​Tax Table 2022 | The Baltics provides a summary of the main taxes in Estonia, Latvia and Lithuania. 
 

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