Next Generation Partners

Tax in Estonia

Cobalt

Adept in multi-jurisdictional tax restructuring, Cobalt's team is formed of practitioners who regularly appear before tax authorities and in landmark disputes. Team leader Egon Talur provides strategic advice in contentious and non-contentious matters. Direct and indirect tax matters feature in the team's workload; described as ‘trustworthy in tax litigation‘, Karli Kütt has expertise in handling the indirect, including cases regarding VAT, excise duties and customs duties issues. The ‘extremely pragmatic‘ Tõnu Kolts is a key name in corporate taxation, international structuring, and executive compensation cases.

Praxisleiter:

Egon Talur


Weitere Kernanwälte:

Karli Kütt; Tõnu Kolts


Referenzen

‚Cobalt’s tax practice has a creative and reasonable solution for your case.’

‘Cobalt’s tax partners are very available in case you need their help/advice.’

‘Cobalt’s strength lies in the breadth of its team and the diversity of specialisations available under one roof. No matter how specific or unexpected our legal needs have been, there has always been someone within the firm with the expertise to support us.‘

Kernmandanten

Otto Maja OÜ


Bolt Operations OÜ


Bolt Technology OÜ


Dexatel OÜ


Kasperwiki Laevaomanikud OÜ


Salv Technologies OÜ


Mindvalley Inc.


Mindvalley OÜ


CybExer Technologies OÜ


Saint-Gobain Glass Estonia SE


Veriff OÜ


3Commas Technologies OÜ


Combiwood Grupp OÜ


OÜ Nordnet


Alexela AS


Inbank AS


Highlight-Mandate


  • Advised Combiwood Grupp OÜ on the tax structuring of a high-value acquisition in the timber industry involving a debt-financed share deal and a potential debt push-down via a downstream merger.
  • Represented Alexela AS before Estonian tax authority with respect to the classification of ethanol fuel E85 under the Combined Nomenclature.
  • Representing the client in complex tax litigation, a landmark dispute on transfer pricing adjustments.

Eversheds Sutherland Ots & Co

Eversheds Sutherland Ots & Co‘s practice includes advising on VAT and income tax, as well as on niche areas such as land tax. Public tax matters and extra-judicial settlement of tax disputes also feature in the team's workload. Toomas Pikamäe, who is at the helm, represents Estonian real estate companies in disputes and also harnesses significant advisory expertise, from corporate income tax to double taxation and transfer pricing matters. Dmitri Zdobnõh has transactional experience, while disputes specialist Helena Noot is also a key name to note.

Praxisleiter:

Toomas Pikamäe


Weitere Kernanwälte:

Helena Noot; Dmitri Zdobnõh


Kernmandanten

Icosagen Cell Factory OÜ


IPAS “Indexo”


Jobbatical OÜ


AS R.K. Sport


Highlight-Mandate


  • Assisting AS R. K. Sport (RKS) with the Estonian Land and Space Board over the taxation value of the superficies right of RKS.
  • Advising Icosagen Cell Factory OÜ (ICF) on employing Finnish staff whose place of work was to be in Estonia but who would return to Finland every weekend.
  • Advised Jobbatical OÜ on a case pertaining to the possibilities of decreasing of salary costs in Jobbatical LTD, a UK subsidiary of Jobbatical OÜ, and increasing accordingly the salary costs in Jobbatical OÜ.

HansaLaw OÜ

HansaLaw OÜ's team handles a range of tax-related disputes, from those involving tax authorities to those of a criminal nature. The team's non-contentious work includes advising on real estate-related tax issues and tax aspects of legal dividend income. Vahur Kivistik, Gerly Kask, Andres Past, Jüri Leppik, Tõnu Tuulas and Paavo Paal oversee the practice, and the collective is equipped to advise on the tax aspects of large-scale, high-value transactions, which are often cross-border. Clients are able to turn to Mario Rosentau for international tax issues, particularly Finnish.

Praxisleiter:

Vahur Kivistik; Gerly Kask; Andres Past; Jüri Leppik; Tõnu Tuulas; Paavo Paal


Weitere Kernanwälte:

Mario Rosentau


Kernmandanten

Petroil PVTK OÜ


Hansaspine OÜ


SPS Grupp OÜ


Edu Valem OÜ


Paju Arendus OÜ


Viljaekspert OÜ


Deltawise OÜ


Moreto OÜ


VLM Ehitus OÜ


Highlight-Mandate


  • Represented Petroil PVTK OÜ in tax proceedings in resolving various tax issues related to the activities of an excise warehouse.
  • Represented Hansaspine OÜ & Ants Mäelt in court of first instance in connection with a suspicion of criminal proceeds, the amount of which the prosecutor’s office found was approximately 2.9 million.
  • Represented the client in a tax dispute in a Polish court.

Sorainen

Commended for its ‘in-depth knowledge of Estonian and EU tax frameworks’, Sorainen‘s team is known for its acting in landmark VAT matters, such as large VAT fraud cases. The team’s advisory work spans various jurisdictions, and it also harnesses capabilities in disputes, including administrative appeals and challenges to Estonian court claims. Kaido Künnapas oversees the team and advises key start-up clients. October 2024 team arrival Hanna Esko specialises in personal taxation. Kärt Anna Maire Kelder stands out for tax matters connected to art, philanthropy, and private clients, while Verner Silm‘s area of expertise is indirect taxation. Paul Künnap is also a noteworthy name.

Praxisleiter:

Kaido Künnapas


Weitere Kernanwälte:

Kärt Anna Maire Kelder; Paul Künnap; Hanna Esko; Verner Silm


Referenzen

‘Hanna Esko has a high level of competency, an ability to concentrate on our specific needs and readiness to step out of standardised approach.’

‘Our company was particularly pleased with the people-oriented approach, which provided us with the best possible legal tax assistance in a very difficult situation. The professional expert assistance was extremely flexible, accessible, and, most importantly, knowledgeable in a difficult and complex legal situation involving an international organisation as the opposing party.’

‘Kaido Künnapas displayed excellent legal expertise in a situation involving personal taxation in two different countries with complex EU guidelines.‘

Kernmandanten

Barclays Bank and Citigroup Global Markets Limited


EBRD


Technopolis Holding Oyj


Ridango


Sunly


Verge Motorcycles


Ministry of Climate


Veriff


Bolt


Wise


Highlight-Mandate


  • Advised the client on developing a domestic bond programme targeted at retail investors.
  • Advising BaltCap and the other shareholders (including the management) of Ridango on securing a majority strategic growth investment from Bregal Milestone.
  • Assisted the Ministry of Climate with analysing seafarers’ rights to social security and the obligations of the Estonian state in providing these guarantees.

TEGOS (Formerly TGS Baltic)

TEGOS (Formerly TGS Baltic)'s team has capabilities advising on the tax aspects of complex criminal cases, and stands out for its engagement in high-stakes shareholder disputes both internationally and in Estonia, acting in precedent-setting tax disputes before the Supreme Court of Estonia. Both Priit Lätt and practice head Helmut Pikmets‘ practices mirror these skills, representing clients in court at both the local and EU levels. Additionally, Pikmets is well-versed in tax analysis matters and advising on the range of transactions, from transfer pricing to income tax liability. Sergei Jegorov advises on international cases, while Dmitri Teplõhh is notable for handling tax-related misdemeanour proceedings.

Praxisleiter:

Helmut Pikmets


Weitere Kernanwälte:

Sergei Jegorov; Priit Lätt; Dmitri Teplõhh


Referenzen

‘The team is very well-versed with international matters. They are also helpful in explaining the details of Estonian law.‘

‘Helmut Pikmets and Sergei Jegorov have given exceptional advice on a number of international matters.’

Kernmandanten

Tallinn University (Tallinna Ülikool)


OTB Ventures


Serent Capital


KJK Fund


Zaka Startup 2, j.s.a.


LHV Varahaldus AS


Standard AS


BaltCap


Scandagra Eesti Aktsiaselts


Hawesko Holding SE


Bioforce


IFCO Systems gmbh


Tallinn City Government


Rexam Group


Evidensia Loomakliinikud


CitySecurity OÜ


KJK Fund


Highlight-Mandate


  • Advised KJK Fund on exiting from its investment in AS Baltika, owner of one of the best-known retail brands Ivo Nikkolo in the Baltics.
  • Advised the Tallinn City Government on a comprehensive legal and tax analysis for merging several Tallinn-owned healthcare providers into a single unified entity, Tallinn Hospital.
  • Advised a non-resident client on the income tax implications arising from the sale of a shareholding in an Estonian real estate company.

WALLESS

WALLESS  team is well-placed to advise on regulatory matters, tax structuring, and large-scale acquisitions, as well as in matters involving Estonian tax authorities. The team advises on the tax structuring elements of private equity and M&A transactions. Rolan Jankelevitsh oversees the team and brings a wealth of knowledge in international tax law. Priit Raudsepp displays a strength in international tax planning, assisting a range of international companies in this arena. Ivo Vanasaun is a noteworthy direct tax specialist.

Praxisleiter:

Rolan Jankelevitsh


Weitere Kernanwälte:

Priit Raudsepp; Ivo Vanasaun


Referenzen

‘Competent in client communication, and an ability to provide quick feedback.’

‘They have the ability to put themselves in the client’s place.‘

Kernmandanten

Bregal Milestone


HeidelbergCement


Turnit


Nortal group


Fort Aero


éolane group


Estonian Association of Media Enterprises


Airbnb


Kapitel and Tristafan OÜ


Snap Inc (US technology company, developer of Snapchat)


Highlight-Mandate


  • Advised Bregal Milestone on tax structuring, acquisition of Ridango, a prominent developer of transportation software.
  • Advising the purchasers Kapitel AS and Tristafan OÜ on the acquisition of Viru Centre (Viru Keskus shopping centre) from Pontos Group.
  • Advising the ad-hoc group of note holders on the Estonian tax aspects of the amendment and extension of the notes issued by a large multinational group with the total value of €600 million.

Ellex Raidla

Ellex Raidla‘s team's workload spans the gamut of tax matters, from asset finance, to M&A transactional and corporate restructuring cases. Risto Vahimets is a key name in the team, which is helmed by Dmitri Rozenblat. Rozenblat specialises in tax and legislation cases, as well as in tax investigations and litigation. The team is experienced in advising on tax audits and also harnesses capabilities handling niche cases, including EU regulatory matters concerning the classification and taxation of food products.

Praxisleiter:

Dmitri Rozenblat


Weitere Kernanwälte:

Risto Vahimets


Referenzen

‘The team has 360° expertise in every area necessary for businesses. In Estonia, they stand out for their wide range of capabilities.‘

‚We have experience with them in M&A and EU law concerning classification and the taxation of food products.’

‘Ellex’s employees are extremely efficient and professional. We have had a good experience with their tax advisors.‘

Kernmandanten

ElectroAir Group AS


A. Le Coq AS


Linda Nektar AS


Environmental Investment Center


Wallester AS


Wendre AS


Infotark AS


Specialist VC


BaltCap AS


Teamscope OÜ


Highlight-Mandate


  • Representing Wendre AS, part of the Wendre Group, in the tax proceedings related to Wendre’s transfer pricing documentation.
  • Advising A. Le Coq AS and AS Linda Nekta on matters related to the interpretation of the Customs Nomenclature codes for flavoured fermented beverages.
  • Advising ElectroAir Group AS and its major shareholders on designing an optimal tax structure for the corporate reorganisation of the whole ElectroAir Group.

RASK Attorneys-at-Law

RASK Attorneys-at-Law's offering is adept at handling criminal tax investigations. Practice head Villy Lopman is described by one client as a ‘leading expert in tax law in Estonia’. The group’s mandates incorporate complex investigations involving alleged tax crimes and cross-border tax schemes. The group is also well-placed to provide day-to-day tax advice, encompassing transfer pricing and regulatory compliance.

Praxisleiter:

Villy Lopman


Referenzen

‚RASK’s tax team combines broad expertise with a solution-oriented approach.‘

‚They are approachable, collaborative and consistently quick to respond, ensuring that clients receive timely and practical guidance.’

‘We would particularly highlight Villy Lopman, who is undoubtedly one of the leading experts in tax law in Estonia for us.‘

Kernmandanten

Estonian Autosport Events MTÜ


Triniti

Triniti's team advises on tax aspects of restructuring and real estate, including VAT and income tax matters. Aviation and venture capital are areas of regulatory expertise across the team. Mikk Põld in particular has noteworthy regulatory expertise. Team lead Ramil Pärdi has capabilities assisting with the tax ramifications of M&A transactions. Described as ‘solutions-oriented‘, Valter Võhma is another standout practitioner in the team, especially in relation to the taxation of stock options.

Praxisleiter:

Ramil Pärdi


Weitere Kernanwälte:

Valter Võhma; Mikk Põld


Referenzen

‚Valter Võhma is very good at representing our company’s interests, e.g. on multi-party meetings. He is available when needed and very solutions-oriented.‘

‚We value the Triniti team very much, especially their friendly and solutions-oriented attitude and availability.‘

Kernmandanten

Medicum Varahaldus


Estonia Farmid


Põltsamaa Varahaldus


STENDAL HALDUSE


Northernwood


Fractory Solutions


Mainor Ülemiste AS


Highlight-Mandate


  • Advising Mainor Ülemiste on complex corporate income tax issues related to recent restructuring processes and strategic equity transactions.

WIDEN

WIDEN's 'trusted and reliable' team ‘ensures that tax advice is integrated into broader strategic planning’ for its clients, the list of which features regulatory authorities that the team regularly assists. In particular, team head Margus Reiland, who runs the group, is active in the regulatory sphere and displays adeptness in providing industry-specific tax advice, from advising on gambling taxation, to crypto-related VAT taxation matters. Investigations and disputes also feature in the team's workload; Armin Heinsaar is key in this regard.

Praxisleiter:

Margus Reiland


Weitere Kernanwälte:

Armin Heinsaar


Referenzen

‘This practice is unique in the way it combines deep legal expertise with a practical, business-focused mindset. Potential clients would value that the team is highly responsive, approachable, and able to translate complex legal and regulatory issues into clear, actionable advice.‘

‚Compared to other firms, they stand out for being pragmatic rather than overly academic. Their advice is not just legally sound but tailored to our commercial reality. They have adopted digital collaboration tools that make document sharing and communication smooth, and they demonstrate a diverse and inclusive team culture that comes across in how they work with clients.’

‘The individuals we work with stand out for their combination of professionalism, commercial awareness, and personal commitment. What differentiates them from competitors is their ability to understand our business model quickly and to anticipate issues before they become problems.‘

Kernmandanten

Sigari Maja OÜ


Mittetulundusühing Freedom Convoy


MTG Grupp OÜ


Medical Innovation OÜ


Advokaadibüroo Supremia OÜ


K&R Äriteenused


Salesline OÜ


Kindred London Limited


Estate Guru AS


RAIG AG


WiseTrans OÜ


Ekovir OÜ


Consultum OÜ


ETS Nord AS


Tänavapuhastuse AS


Vaspex Legal OÜ


Highlight-Mandate


  • Advised Sigari Maja OÜ on a constitutional and EU law dispute regarding state fees and charges imposed on cigars.
  • Advised the client in obtaining income tax exemption and mitigating cross-border tax risks for charitable transactions between Estonia and Ukraine.
  • Advised MTG Grupp OÜ / Medical Innovation OÜ on complex VAT matters and represented the client in a tax investigation, which concluded without additional tax liabilities.

Cuesta Law Office

Practitioners in Cuesta Law Office's team advise on VAT, international taxation, tax treaties and double taxation matters, as well as offering routine advice on customs risks, dividends and tax exemption permits. Team lead Lada Riisna is primarily known for tax disputes, an area in which the group is heavily involved, particularly those relating to financial. Eva Mägi is another key name to note for tax disputes.

Praxisleiter:

Lada Riisna


Weitere Kernanwälte:

Eva Mägi; Linda Vaher


Referenzen

‘Specialists in all tax areas, not only eg VAT or employment. They also assist on international taxation and tax treaties (double taxation).’

‘In our real estate development projects, different types of taxes may be important, and the firm is great at that.‘

Kernmandanten

Aktsiaselts Chemi-Pharm


Timber Sales Group OÜ


Edain OÜ


Klauberg advokaadibüroo OÜ


Skyways Technics A/S


Baloise Assurances Luxembourg S.A


Brandinc OÜ


Magellan Ltd


OÜ Baltic Metal Construction


Allprint OÜ


Highlight-Mandate


  • Advising Aktsiaselts Chemi-Pharm on the process of applying for an excise duty exemption permit, and providing guidance on the legal requirements for obtaining the exemption.
  • Supported the client with changing tax residency and coordinated the preparation of required documentation.
  • Assisted Timber Sales Group OÜ with Latvian VAT matters, including transaction reporting obligations and jurisdictional rules for supply of goods and services.