In order to encourage both potential and already active Estonian exporters to look for new business partners, the increasing interest of foreign businesses in buying Estonian goods and finding cooperation partners can be emphasised. Estonian foreign missions annually receive more than a thousand corresponding information inquiries, which are communicated to Enterprise Estonia. By contacting Enterprise Estonia, Estonian entrepreneurs who are interested in cooperation may establish contact with a foreign company which has already shown interest in buying the corresponding goods.
One of the best ways to find partners is to participate in fairs and exhibit one’s own exposition there.
Double tax relief
In order to avoid double taxation, Estonia has entered into conventions with respect to taxes on income and on capital with several countries.
Other options for expanding your business are taking over an existing one, merging with another company or opening a branch in another EU country.
Types of conventions
Through a cooperation agreement parties agree upon a mutual cooperation programme according to the parties' economic and professional activities. A cooperation agreement may comprise a great deal of cooperation opportunities (provision of services, sale, etc.). The agreement regulates the parties' relations in the preparation phase of the commencement of export.
A franchise contract is essentially a mixed contract under which the franchisor grants the use of information on and rights to their economic activities (business conception, strategies, forms of documentation, business solutions, trade mark, commercial identifications, etc.) to the franchisee who can and must organise their business activities similarly to the franchisor using the obtained information and rights.
The website of the Ministry of Foreign Affairs includes the overview of the economies of different countries as well as information on business conditions abroad and guidance on how to enter foreign markets.
Information on various grants can be found on the following website: