Nr. 2-2010 Published monthly by:
The Swedish Chamber of Commerce
in Estonia

Tallinn:
Stockholm:

Fair, 3 C
Fair, 4 C
10.03.2010
EET:
CET:
15:31:00
14:31:00
Click for latest weather and actual time All News | Business Barometer | Advertising opportunities | focus magazine | SCCE
img Royal Members of the Swedish Chamber of Commerce in Estonia royal member
royal member
royal member
royal member
royal member
royal member
royal member
royal member
royal member
royal member
Visit all our Members
img www.swedishchamber.ee
info[at]swedishchamber.ee
Tel: (+372) 501 9813
img img img img
img
Europe, economic growth, euro and jobs As Estonia celebrated the 92nd anniversary of the Republic February 24th, President Toomas Hendrik Ilves put Europe in focus in his festive speech at Vanemuine Theater in Tartu.

Speaking at a festive meeting one day earlier, marking the 92nd anniversary of the proclamation of Estonia's independence, Prime Minister Andrus Ansip named restoration of economic growth through reforms, smooth accession to the Eurozone and reducing unemployment as the three big goals for his government.
Read more   img
Tere OECD (Eng: Hello OECD)

- In May 2007, and as the only country among the three Baltic States, Estonia was invited to open discussions for joining OECD, the Organization for Economic Co-operation and Development. We have now come so far in our membership discussions that I believe Estonia will join the Organization within just some months from now, said Marina Kaljurand, Estonia's Chief Negotiator on the accession to OECD, as e-focus met her recently.

In addition to her task as Chief Negotiator, Marina Kaljurand is also Undersecretary for Foreign Economic Relations and Development Aid, and Estonia's Ambassador, non-resident, to Kazakhstan.
Read more   img
Prices paid - The economical downturn has reached the bottom now. We will see a zero-growth for still some time to come followed by growth as our main export markets recover and pick up economical speed, says Jaan Männik, Chairman of the Board at Eesti Pank – Estonia's Central Bank, in an interview for the first 2010 issue of focus – the magazine of the Swedish Chamber of Commerce in Estonia.

- The downturn began 2007 and last year we saw a 15% contraction of Estonia's GDP as the global financial crisis went on, though some signs of a recovery began to visualize. Prices paid on a national level right now are increased unemployment and a drastically decreased domestic demand.
Read more   img
New procedures for filing annual reports - As of January 1st, 2010, companies, non-profit associations and foundations shall file their annual reports electronically, says Reidi Strandberg, Associate Partner and Head of Business Process Outsourcing at Rödl & Partner Baltics.

A web based IT-portal has been created for the report filers and auditors, where they can create the annual report, sign it, add an auditor’s report and send it to the registry.
Read more   img
Apartment associations, stand up for your rights! There has been a lot of talk in the media recently about buildings where the heat has been turned off in the middle of the cold season due to unpaid invoices. This behaviour leads to suffering also for the apartment owners who have paid their bills on time.

Rivo Kaldvee, associate at MAQS Law Firm, informs.
Read more   img
New VAT rules has entered into force In accordance with new EU legislation, new rules regarding VAT are to enter into force in the Baltic States during the period December 2009 - February 2010.

Karolina Ullman and Johan Maunsbach, MAQS Law Firm in Tallinn, inform.
Read more   img
Time for Audit As the fiscal year ends, the annual report should be made up and many companies should also have their accounting and figures audited.

Mart Nõmper and Reidi Strandberg, Rödl & Partner Tallinn, offer ten good tips for the auditing process.
Read more