The emergency situation has raised the issue of the effectiveness of processes in a number of areas, including company law. Namely, with the advent of the emergency situation, it became impossible for some companies to hold meetings. In addition, it was difficult to make notarial transactions, and for some companies raising capital, this could be even fatal, write NJORD Law Firm`s associate Triin Kaurson and Attorney at Law Anne Veerpalu.

To grant an income for the employees and help employers to overcome temporary difficulties, the government has entered into force a regulation introducing a temporary salary compensation paid through the Unemployment Insurance Fund on March 23, 2020.

The Government of the Republic of Estonia has declared the emergency situation on March 12, 2020, lasting until May 1, 2020, due to the spread of COVID-19.

Foreigners who have a legal basis for staying in Estonia as of March 12, 2020, and who are registered with the Police and Border Guard Board (PBGB) can continue to work here. The prerequisite for this is that they have an employer in Estonia who so wishes and who re-registers their short-term employment with the Police and Border Guard Board.