Do I Need to Pay Taxes in My Country Instead of Estonia?
If you are a tax resident in a country with CFC rules (such as most European countries, USA, Canada, UK, Australia, etc.), there may be situations where local authorities claim that your company must pay taxes there instead of doing it in Estonia. The law says that this may occur for entities that: Have been incorporated according to local laws: this situation will never happen if you found your company in Estonia. Have their registered office in the local territory: this means thSome readersHow Do Taxes Work for Estonian Companies?
In Estonia, the tax system is designed to promote entrepreneurship and business growth. One of the major benefits is that there are no taxes on income generated by your company as long as it stays within the business or is used for justified expenses. This means that unlike in some other countries, you won't face immediate tax obligations when you start your operations. So, in Estonia, you'll only pay taxes when you decide to withdraw money from your company and transfer it to your personSome readersDoes My Estonian Company Contribute to Social Security or a Pension Plan?
Just having a company in Estonia doesn't entail contributions to social security or a state pension plan. However, you can choose to employ yourself as an official employee of your company (given that you, as an individual, and your company are distinct legal entities). In this scenario, your salary would involve contributions to the social security and pension plan of the applicable country. This option is facilitated by services like Companio Work (https://companio.co/hiring-internationally/Few readers