25/05/2013 03:23
EURIBOR6
+0.34%
0.29
chart
EUR / Venemaa rubla
40.5360
EUR / USA dollar
1.2939
EUR / Rootsi kroon
8.5980
EUR / Läti latt
0.7003
Baltic temperature
  Up35.29%
  Freeze29.41%
  Down35.29%
Winners and losers
Turnover TOP
TVEAT182440.80
OEG1T67484.00
TAL1T54327.70
HAE1T17321.13
SFGAT12440.92
TKM1T8034.64
NCN1T5400.00
Exchange rates
Leedu litt3.4528 +0.00%
USA dollar1.2939 +0.00%
Rootsi kroon8.5980 +0.00%
Läti latt0.7003 +0.00%
Databases of Estonian companies
Back
Text size AAA Print

China gives Estonian company a five-year tax break

THIS PUBLICATION HAS 2 COMMENTS
ADD YOUR COMMENT
I've noticed a trend with the Estonian tech companies that seem to be on the rise -- they move their main operations out of Estonia. GrabCAD operates out of Boston, Zerply out of Silicon Valley, erply in New York.

Looking at Guardtime, their headquarters is in the Silicon Valley, and only 2 out of the 7 members of the executive management team appear to be Estonian: http://www.guardtime.com/about/our-team/

Is this an Estonian company? Nothing wrong if it's not, but it seems like the trend is that if an Estonian company wants to be successful, they need to move out of Estonia. I'm not sure this is what the government intends with all their initiatives to promote startups.

I'm going to guess that New York, Boston, and Palo Alto (Silicon Valley) did not try to lure these companies to move there, and yet they did anyway, despite all the incentives offered by the Estonian government to stay in Estonia. Reply to the comment answer
~ameeriklane [29.10.2012, 16:10]
rate it
answer
Reply to the comment
China could easily buy entire Estonia, if it wanted to. This just proves how pathetic and insignificant the country is, despite smug estonian delusions. Reply to the comment answer
~damrody hist balt [29.10.2012, 18:38]
rate it
answer
Reply to the comment
Main news
Latest blog posts
Legal Blog from TRINITI
Legal Blog from TRINITI
Legal Blog from TRINITI