ADVISORY SERVICES

LEGAL ADVICE

We have expertise in various fields of law and our main expertise is in corporate law. Our legal advisory service is provided either by phone call and e-mail or during a meeting with a client. After the consultation, we will send a summary of the service provided. Legal counselling is provided by our lawyers and is based on an hourly fee.

Please send your request through our contact form so we can make a proposal for you.

TAX ADVICE

We also have in-house expertise in tax matters. We provide VAT registration analysis and advice on complex tax issues. Tax issues may arise regarding taxation of payments, business-related expenses, distributed profits or regarding VAT. When it comes to international taxation, we also include expertise through our partners.

Please note that initial tax advice is included when you order an accounting service from us.

DATA PROTECTION

All companies that process personal data must review their personal data processing techniques. The processing requirements for personal data are higher than before and changes need to be made.

 PRIVACY POLICY

The purpose of the Privacy Policy is to help the customer understand what information the company collects, why it is collected, and how the customer can update, manage, export, and delete their information. Our Data Protection Officer assists clients in drafting their privacy policy.

CONSULTATION ON CORPORATE IMPLEMENTATION OF THE GDPR[L1] 

Providing an overview of the company’s rights and obligations regarding new data protection requirements on a company-by-company basis.

A legal person processing personal data has legal obligations to protect the personal data of natural persons, which cannot be refused. New keywords for 2019: stricter requirements for electronic communications, data transfer, data transfer abroad, protection of personal communication content (Facebook, WhatsApp, Skype), control over the use of profile analysis, and processing of different types of data, as well as new business opportunities.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

AUDIT OF PERSONAL DATA

Mapping the processing of the company’s personal data, highlighting risk points, and providing guidance on how to comply with data protection requirements.

All companies processing personal data are required to review their personal data processing practices and individuals’ consent. The requirements for the processing of personal data are higher than before and changes need to be made.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

CREATING AND MAINTAINING A PERSONAL DATA REVIEW (REGISTER)

Mapping the processing of the company’s personal data and setting up a register.

The techniques and procedures for the processing of the company’s personal data must be known and described. This reveals bottlenecks that need to be changed if necessary.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

PREPARATION OF INTERNAL RULES FOR THE PROTECTION OF PERSONAL DATA

Developing rules to meet personal data protection requirements.

Requirements for the company and its employees regarding personal data protection procedures must be written.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

AUDITING COOPERATION AGREEMENTS TO COMPLY WITH DATA PROTECTION REQUIREMENTS

Identifying the responsible and authorised user in the contractual relationship and including their obligations in the contracts.

Modification of cooperation agreements – In connection with the new General Data Protection Regulation, all cooperation agreements in the course of which personal data are processed need to be amended.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

PERSONAL DATA PROTECTION SERVICES FOR NATURAL PERSONS

Consultation regarding the violation of the rights of a natural person.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

CONSULTATION OF THE IMPLEMENTATION OF THE GDPR GENERAL REGULATION AND PERSONAL DATA PROTECTION LAW FOR COMPANIES

Providing an overview of the company’s rights and obligations regarding new data protection requirements on a company-by-company basis.

A legal person processing personal data has legal obligations to protect the personal data of natural persons, which cannot be refused. New keywords for 2019: stricter requirements for electronic communications, data transfer, data transfer abroad, protection of personal communication content (Facebook, WhatsApp, Skype), control over the use of profile analysis, and processing of different types of data, as well as new business opportunities.

We provide a data protection specialist service. If you are interested, please submit your enquiry via the enquiry form at the bottom of the page.

CONSULTATION ON THE IMPLEMENTATION OF THE NEW ESTONIAN PERSONAL DATA PROTECTION ACT

Providing an overview of the new Estonian Personal Data Protection Act, which entered into force on 12 January 2019, and the draft implementing provisions of the Personal Data Protection Act.

Estonian law clarifies the requirements of the EU General Data Protection Regulation for application in Estonia and provides more specific guidelines on how personal data must be processed. The implementing provisions make changes to a number of laws and regulations.

Estonian law lays down penalties and fines for violations of personal data processing requirements, which are wise[L2]  in relation to a number of real data thefts, violations, hacker behaviour, and ransom claims handled by the data protection supervisory authority over the past year.

For an overview of Estonia’s new personal data protection regulations, please contact us through the enquiry form at the bottom of the page.

We offer different types of financial consultation services. Some of the services are:

BUSINESS MODEL ANALYSIS

Business model analysis predicts the cash flow and profitability of the business model in the market. The analysis reveals the volume of investments, potential business strategies (product/service, marketing, sales, business processes), and the valuation of the company based on estimated cash flow.

DRAFTING BUSINESS PLANS

Creating business plans is necessary to use different financing options, attract investors, or evaluate the profitability of the business model.

The business plan must clearly state what is being done and how to reach the goal. Creating a business plan will help you think through the steps involved in starting a business. This reduces the risk of business failure as fewer unexpected events occur. The business plan must be realistic, i.e. the objective must be achievable, all the necessary costs must be taken into account, and the profit forecast must be based on the results of an analysis (market study). A correct business plan is a prerequisite for applying for project funding through various support programmes. On the basis of the business plan, the potential investor will also decide whether or not they are willing to finance the venture. One must also be aware of the potential risks and anticipate ways to manage them.

We prepare business plans for our clients. If you are interested, please send your enquiry via the enquiry form at the bottom of the page.

BUSINESS EVALUATION

A business valuation is a general process of determining the economic value of a whole business or company unit. Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings.

Owners will often turn to professional business evaluators for an objective estimate of the value of the business. We provide a business valuation service. If interested, submit your request via the enquiry form at the bottom of the page.

PROVIDING CONSULTATION RELATED TO CROWDFUNDING

Crowdfunding has evolved over the last decade into a new method of financing, whereby the funds needed for investment are obtained from a relatively large number of people (ordinary people, investors, entrepreneurs) by collecting relatively small amounts from those people. Due to the rather inexpensive and simple structure of the campaign, crowdfunding is one of the easiest ways to raise additional funds. In addition to financial benefits, crowdfunding has non-monetary benefits such as proving and verifying an idea in front of the public and the campaign is also a powerful marketing tool.

Our team is experienced in raising money from the public and we provide our clients with relevant services. If interested, submit your request via the enquiry form at the bottom of the page.

CONSULTATION REGARDING BANK LOANS

There are several ways to finance investments or activities in Estonia. One of them is loans from different credit institutions. We help our clients to find the best possible financing solutions in Estonia based on the company’s profile and the object of financing. If interested, submit your request via the enquiry form at the bottom of the page.

SHAREHOLDERS AGREEMENTS’

If the company is owned by more than one person, it is prudent to regulate the shareholder relationship through a shareholder agreement. A shareholder agreement is not a public document such as the articles of association. Therefore, we encourage our clients to regulate shareholder relationships to avoid disagreements and litigation.

As shareholder agreements have no corporate effect, the articles of association may lay down objective and verifiable terms. Therefore, we suggest to compose tailor-made articles of association and shareholder agreement.

LITIGATIONS

We have in-house competence to represent our clients in case of litigation in court. In order to avoid court litigation, we advise you to prevent the situation and to ask for our legal advice. Disagreements can be resolved with the help of a lawyer and mediator.