Share transfer by unattested contract

If the share capital of a private limited company is at least 10,000 euros and fully paid in, the articles of association may waive the formal requirement for a notarial transaction and provide that the transfer of a share shall be performed at least in a form that...

What is the contents of copyright?

By creating a work, the author of the work acquires copyright to that work. The content of copyright consists of personal rights and property rights. The personal rights of the author are inseparable from the person of the author and are not transferable. The economic...

How to protect copyright?

Copyright is a collection of personal and proprietary rights that the author automatically derives from literary, artistic and scientific works. In Estonia, copyright is primarily governed by copyright law. A work is any original result in the field of literature, art...

The end of the offshore era

The phrase "offshore company" is lately often in the newspaper columns in relation to money laundering scandals. Using an offshore company in medium-sized and large corporate structures is not new, says Georgi Džaniašvili, a partner at the law firm of Magilex, in...

Disclosing of beneficial owners

As of the 1st of September 2018, all Estonian companies, non-profit associations and foundations are required to disclose information about their beneficial owners to the commercial register. Under the Money Laundering and Terrorist Financing Prevention Act (MLTFPA),...