Simplified transactions of shares in Estonian OÜ companies. New legislation as from 1 August 2020.
Under the current law, all share transactions of
private limited companies (OÜ or osaühing in Estonian) must be notarized
in case the shares are not registered with the Estonian Securities Register.
This is the case with 97% of all companies’ shares in Estonia.
Estonian Startup Database launched in Estonia
Startup Estonia, which is a governmental initiative aimed to supercharge the local startup ecosystem, launched an Estonian Startup Database (“Database”).
It contains around 1,000 startups from
It contains around 1,000 startups from
different sectors. The Database provides data about the startup sector, business model, employees, employment taxes and turnovers. It is also possible to narrow down the search with particular sectors or criteria.
E-residency – why would you need it?
Since 2014 Estonia offers digital identities for non-residents in order to enable access to many of the same e-services that were previously only available to persons living in Estonia. Foreign entrepreneurs have often many questions when they are suggested to apply for e-residency in order to manage their company. So, what is this e-residency about?
Deficiencies in cyber hygiene will prove to be expensive
Secure authentication in a digital society is all-important. To ensure security, organisations should enact measures that allow users to use the systems in the safest possible way. It’s long past the time when relying only on a username and password for authentication was adequate. Cyber-attacks are not the “hacking” we know from the movies. It is much easier for the attackers to gain access to a system by using weak, stolen or otherwise compromised authorisation measures. Identity has become a new field of security in combating cyber-attacks.
Risk Management in Industry Digitising
Digitising industry is the only way for industrial modernisation. The development of suitable solutions might be quite a challenge.