Blog
Audit challenges in Estonia.
Recently, tech companies in Estonia have been facing obligatory audit requirements. It must be taken into consideration that not all companies in Estonia are subject to audits.
Banks or payment systems?
Payment systems have recently started to pop up like mushrooms after a spring rain. This has to do with the fact that many banks no longer serve customers who mostly perform commercial transfers. Commercial transfers are economically unsound to banks, which often leads them to close their clients’ bank accounts. Those victimised clients, in turn, tend to turn to payment system services.
Why Fintech successfully setting up in Estonia?
Favorable business conditions, as well as high living standards, attract so many people in business to set up Fintech companies in Estonia. So, if you’re looking for a better place for your business or are just wondering what those unique attributes are, be sure to read up!
New Challenges which Technology companies will face in Estonia.
Companies that start their business in Estonia may eventually run into the following challenges, which significantly affect their activities and therefore have to be dealt with.
Why do Estonian banks close customer accounts and what to do to prevent this from happening?
A lot of Estonian companies the owners or managers of which are not from Estonia have found themselves in a situation when a bank the company have been with informs the customer that it wants to close the account.
