Businesses developing and selling their own software products can easily reduce the effective income tax rate even further to 5% with the new IP Box regulations.
This is an extremely low rate for a developed country and there are plans to make tax avoidance by limited companies even easier in 2021 by incorporating solutions from the Estonian tax system.
This is an extremely low rate for a developed country and there are plans to make tax avoidance by limited companies even easier in 2021 by incorporating solutions from the Estonian tax system.