- Corporate profits distributed in the tax period
- Gifts, donations and expenses in relation to representatio
- Private expenses and payments not connected with the business
- Transfer of the assets of the permanent establishment (PE) to its main headquarter or to other companies
When establishing a company in Estonia, you can take advantage of the VAT exemption if you do not exceed a turnover of EUR 40,000 per year.
If you exceed this limit, registration for VAT is mandatory.
You can register for VAT voluntarily on the day of starting your business, however, the tax office in Estonia will want to get confirmation that your business is associated with Estonia, e.g. you have clients, an office or contractors with whom you work.